Techmeme: Tim Cook says expanding middle class is fueling iPhone sales in China as revenues increase 71% to $16.8B, beating US sales for first time (Reuters)

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April 28, 2015, 11:10 AM

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Stan Chudnovsky / Facebook:

Facebook adds video calling to Messenger in select countries including US, Canada, Mexico and parts of EU, on both iOS and Android — Introducing Video Calling in Messenger — Today, we're introducing video calling in Messenger. Now you can have face-to-face conversations with your friends …

Josh Constine / TechCrunch:

Facebook's Stan Chudnovsky on building Messenger's new video calling feature, and possible future livestreaming features

More: Business Insider, Seeking Alpha and Gizmodo

Peter Kafka / Re/code:

Fashion and lifestyle site Refinery29 raises $50M at $290M valuation, led by WPP Ventures and Scripps Networks Interactive — Refinery29 Joins the Big Media Startup Club, with a $50 Million Funding Round — It's no longer surprising when investors write big checks to a media startup.

More: Business Wire, TechCrunch, WWD, SiliconANGLE, PE Hub Blog, VentureBeat, AdAge, VatorNews and New York Times. Tweets: @mikeisaac. See also Mediagazer

Greg Bensinger / Wall Street Journal:

Amazon launches Amazon Business marketplace with exclusive merchandise and better prices, phases out Amazon Supply — Amazon Expands Business-Sales Marketplace After Three Years — After three years of testing, Amazon.com is hoping to widen the reach of its business customer marketplace site …

More: Amazon.com, ZDNet, GeekWire, Business Insider, USA Today, The Next Web, Bloomberg Business, VentureBeat, Ubergizmo, internetretailer.com, TechCrunch and Marketing Land

Reuters:

Tim Cook says expanding middle class is fueling iPhone sales in China as revenues increase 71% to $16.8B, beating US sales for first time — China iPhone sales boosts Apple; shares up modestly — (Reuters) - Apple Inc (AAPL.O) beat Wall Street's revenue and profit forecasts on Monday …

More: New York Times, 9to5Mac, iPhone in Canada Blog, iLounge, Business Insider Australia and Yahoo! Finance. Tweets: @digiphile

Jordan Golson / MacRumors:

Apple Q2: $13.6B profit on $58B revenue, iPhone sales up 40% YoY to 61.2M, iPad sales down 23% YoY to 12.6M, boosts dividends, buybacks to $200B+ by March 2017

More: Quartz, Apple, BGR, TechCrunch, Business Insider, Wall Street Journal, Inquirer, CNBC, O'Grady's PowerPage, iMore, Forbes, TechEye, The Verge, Business Insider, Circa News, The Loop, TechCrunch, TechCrunch, The Verge and Apple

Tweets: @benbajarin, @tim and @jonerlichman

Ina Fried / Re/code:

T-Mobile Gains 1.8 Million Customers in First Quarter as Revenue Slightly Exceeds Expectations — T-Mobile on Tuesday reported that added 1.8 million customers in the first quarter, including 1.1 million core postpaid customers under the T-Mobile brand. — The carrier also said it expects …

More: USA Today, CNET, ZDNet, CNET, Wall Street Journal, GeekWire, Bloomberg Business, Reuters and SlashGear

Michael McWhertor / Polygon:

Valve kills paid mods on Steam, will refund Skyrim mod buyers — Just a few days after launching paid mods on Steam through the Skyrim Workshop, Valve is removing the payment option, citing customer feedback. Valve says it will refund Steam users who purchased a Skyrim mod on Steam.

More: Steam Workshop, Bethesda Blog, BBC, International Business Times, The Next Web, SiliconANGLE, PCWorld, Wired.co.uk, Gamasutra, Ars Technica, Engadget, Rock, Paper, Shotgun, New World Notes, Forbes, GamesIndustry.biz and The Verge. Tweets: @therealcliffyb

Sarah Perez / TechCrunch:

Loop Commerce Raises $16 Million For Its “E-Gifting” Checkout Service For Online Retailers — Loop Commerce, a company that has developed an alternative checkout technology for e-commerce sites that allows customers to more easily buy gifts for friends without having to worry with product details …

More: Wall Street Journal, Fortune, CNET and Business Wire

Buster Hein / Cult of Mac:

Apple Watch Sport has better display than pricier models — Apple is pushing into new territory with the Apple Watch, by making it the first device to come from Cupertino that uses an OLED display. One of the reasons Apple's never brought OLED displays to the iPhone is they're more challenging to engineer than long-established LCDs.

More: DisplayMate, Engadget, 9to5Mac, App Advice, Wearable Tech Insider, BGR, iPhone in Canada Blog, Macworld, AppleInsider, TechnoBuffalo, Gizmodo, WatchAware, MacRumors, SlashGear, Pocketnow and DISPLAYBLOG

Jane Martinson / Guardian:

Google and eight European publishers plan Digital News Initiative to develop news business models, with $163M Google innovation fund — Google admits mistakes with news outlets as it announces new partnership — The Digital News Initiative is likely to be seen as an attempt for Google …

Kevin Tofel / ZDNet:

Lenovo announces $199 ThinkCentre Chromebox, arriving in June to integrate with Tiny-In-One workstation — Lenovo's new ThinkCentre Chromebox: The right size for small business — Summary:Lenovo's new $199 Chromebox can be out of sight on employee desks: Just attach it to the back of Lenovo's Tiny …

More: Lenovo Newsroom, SlashGear, Ausdroid, Android Central and PCWorld

Josh Lowensohn / The Verge:

LG's Urbane Android Wear watch lands in the US for $349 — The first Android Wear device that will come out of the box with Google's big new software update is now on sale in the US. Google began selling the LG Urbane on its online store today for $349. The watch comes in either a silver or a gold …

More: PCWorld, ZDNet, CNET, 9to5Google, Tech Times, Droid Life, SlashGear, Ubergizmo, BetaNews, Phandroid, Ausdroid, 9to5Google, Android Police and Electronista

Nitasha Tiku / The Verge:

Uber is bringing its food delivery service to New York City and Chicago — This week Uber is launching its food delivery service, UberEats, in New York City and Chicago. The company has already piloted the program in Los Angeles and Barcelona. UberEats will be accessible from within Uber's existing app …

More: Uber Blog, Engadget, The Next Web, Wired, VentureBeat, NY Daily News and WebProNews

Mike Beasley / 9to5Mac:

Best Buy changes course, will support Apple Pay in its iOS app today, in retail stores later this year — Best Buy to gain Apple Pay support in-app today, in retail stores this fall — Apple CEO Tim Cook announced today during the company's earnings call that Best Buy will gain support …

More: Best Buy Corporate, New York Times, Re/code, PC Magazine, BGR, Gotta Be Mobile, PCWorld, Tech Times, Ars Technica, International Business Times, MacRumors, iMore, The Verge, AppleInsider, Engadget, TechCrunch, iPhone Hacks and Payments News

Tweets: @bbynews and @lessien

Darrell Etherington / TechCrunch:

With Discover joining this fall, Apple Pay will support all four major credit cards in US

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