Techmeme: Pandora has mixed Q4 earnings with revenue up 25% year-over-year to $336M, 3.8% growth to 81.1M listeners; stock is down over 18% (TechCrunch)

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February 12, 2016, 11:25 AM

Top News

Jason Jacobs:

Japanese sportswear company ASICS acquires Runkeeper — Runkeeper and ASICS are Joining Forces — I have some big news today! I am proud and excited to announce that Runkeeper has entered into a definitive agreement to be acquired by ASICS Corporation.

More: ASICS US, CNET, ZDNet, The Verge, MacRumors, BetaNews, VentureBeat, Android Authority, The Next Web, Xconomy, 9to5Mac, Digital Trends, BetaBoston, SlashGear, TechCrunch, Gizmodo, MobileSyrup.com, Guardian, Pocket-lint, Fone Arena, Ubergizmo and Engadget

Tweets: @jjacobs22, @johnfertitta, @robinwauters and @jjacobs22

Thanks:@sanatgersappa

Motherboard:

UK police arrest teen hacker thought to be Cracka, who is allegedly behind CIA and FBI breaches — Teen Allegedly Behind CIA, FBI Breaches: 'They're Trying to Ruin My Life.' — The months-long series of hacks and pranks by a group of alleged teenage hackers on the US government …

More: The Daily Dot, Business Insider and Office of Inadequate Security

Tweets: @lorenzofb, @emptywheel, @taosecurity and @mims

Yevgeniy Sverdlik / Data Center Knowledge:

Netflix shuttered its last data center in January after a seven-year migration to the cloud, now everything runs on AWS — Netflix Shuts Down Final Bits of Own Data Center Infrastructure — It's done and dusted. Since someday last month, everything Netflix does runs on Amazon Web Services …

More: Netflix Media Center, Engadget, Business Insider, cloudpro.co.uk, Tech Times, Fortune, Ars Technica, The Register and iPhone in Canada Blog

William Alden / BuzzFeed:

Zenefits created software tool to let sales reps fake completion of legally required course — Zenefits Program Let Insurance Brokers Fake A Mandatory Training Course — A secret software program inside Zenefits made it seem that brokers were completing a legally required 52-hour online training course …

More: BloombergView.com, CNNMoney, The Next Web and Business Insider

Tweets: @dhh, @ktbenner, @tylerjewell, @bradchacos, @williamalden and @anildash

William Alden / BuzzFeed:

Zenefits is under investigation by the California Department of Insurance to see if the company complies with regulations

More: California Department …, Wall Street Journal, Business Insider, Fortune and TechCrunch

Tweets: @mattbuchanan and @johnpaczkowski

Stuart Dredge / Music Ally:

SoundCloud files financial results showing $44.27M loss in 2014 with revenue of $19.7M; board forecasts it will need more capital investment in 2016 — SoundCloud financial results show €39.1m loss in 2014 — SoundCloud's revenues rose 54% to €17.4m in 2014 …

More: Ars Technica, FACT Magazine, Music Business Worldwide, Consequence of Sound, MyBroadband, Breitbart, AllAccess.com, The Quietus, The Muse, Complex and Thump

Tweets: @juliachanb, @trengriffin and @pkedrosky

See also Mediagazer

Ken Yeung / VentureBeat:

Facebook is testing SMS integration in Messenger on Android, launches multiple account support — Facebook has confirmed that it is looking to bring back SMS support in Messenger and has also launched multiple account support. At least for now, both features are only for Android users.

More: Android Police, 9to5Google, ValueWalk, SlashGear, Engadget, Fone Arena, TechWorm, Tech Times, MyBroadband, Android Beat, Pocketnow, Digital Trends, Android Authority, TechCrunch, The Verge, MobileSyrup.com and The Next Web

Kim Zetter / Wired:

Study: criminals would be able to easily avoid any mandatory backdoors by switching to one of many encryption methods developed outside US — Encryption Is Worldwide: Yet Another Reason Why a US Ban Makes No Sense — If a handful of lawmakers in the US and abroad have their way …

More: ZDNet, Ars Technica, Breitbart, Schneier on Security, Forbes, CIO.com, CIO.com, Business Insider and International Business Times

Andrew Cunningham / Ars Technica:

Qualcomm announces Snapdragon X16 LTE modem supporting 1 Gbps downloads and 150 Mbps uploads — Qualcomm promises gigabit LTE speeds with its new Snapdragon X16 modem — And there are new low-end phone and wearable Snapdragon chips for later in 2016. — Qualcomm's lead in the mobile SoC …

Agam Shah / PCWorld:

Qualcomm bringing LTE connectivity to wearables with new Wear platform

More: Qualcomm, Tech Times, PCWorld, TechnoBuffalo, Ubergizmo, ZDNet, 9to5Google, Android Authority, Android Beat, Digital Trends, Phandroid, PhoneDog.com, VentureBeat, MobileSyrup.com, Engadget and The Verge

Ingrid Lunden / TechCrunch:

Uber Picks Up Another $200M From LetterOne To Push Into Emerging Markets — Along with its new branding, it looks like Uber has picked up some new funding, too. LetterOne (L1), a fund based out of Luxembourg and headed by Russian billionaire Mikhail Fridman, is putting $200 million …

More: LetterOne and Fortune. Tweets: @ingridlunden

Samuel Gibbs / Guardian:

UK's Streetmap loses ‘anticompetitive’ search abuse case against Google — UK internet mapping company to appeal after High Court rejects lawsuit claiming Google's conduct led to ‘dramatic loss of traffic’ — UK-based digital map provider Streetmap has lost its High Court action accusing Google …

More: 9to5Google, TechCrunch, The Register, Ars Technica, Wall Street Journal, Bloomberg Business and MacNN

Wall Street Journal:

Sources: Google developing stand-alone VR headset that won't require smartphone, computer, or game console, uses Movidius chips to track users' motion — Google Developing Stand-Alone Virtual-Reality Headset — Alphabet Inc.'s Google is developing a virtual-reality headset that doesn't rely …

New York Times:

Sources: Pandora has held preliminary discussions about selling itself — Pandora Is Said to Have Held Talks About Selling Itself — Pandora Media, the largest Internet radio service, has held discussions about selling the company, according to people briefed on the talks.

TechCrunch:

Pandora has mixed Q4 earnings with revenue up 25% year-over-year to $336M, 3.8% growth to 81.1M listeners; stock is down over 18%

More: Pandora and Business Insider. Tweets: @joshconstine. See also Mediagazer

Mike Isaac / New York Times:

Uber agrees to pay $28.5M to 25M riders in US and rename its “safe ride fee” to settle class-action lawsuit over safety claims — Uber Settles Class-Action Suit Over Safety Background Checks — Uber has agreed to pay $28.5 million to settle a class-action lawsuit that took issue …

More: The Next Web, Uber Global, TechCrunch, The Stack, The Verge, The Hill, SiliconBeat, Fortune, Engadget, Re/code, BuzzFeed and Business Insider

Aaron Smith / Pew Internet:

15% of US adults have used dating sites or apps; usage by 18- to 24-year-olds has nearly tripled since 2013 — 15% of American Adults Have Used Online Dating Sites or Mobile Dating Apps — Usage by 18- to 24-year-olds has increased nearly threefold since 2013, while usage by 55- to 64-year-olds has doubled

More: SiliconANGLE, GeekWire, CSO, TechCrunch, The Huffington Post, NPR, Newser, Mashable, VatorNews, CNET, Quartz, socalTECH.com, Fortune, The Next Web, Washington Post and ABC News

Tweets: @pewresearch, @digiphile, @katie_roof, @pewinternet, @conradhackett and @pewresearch

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