Techmeme
April 27, 2016, 5:00 PM

Top News

Kurt Wagner / Re/code:
Facebook reports Q1 revenue of $5.38B up from $3.54B last year, 79% comes from mobile ads; 1.65B MAUs, adding 60M from Q4; stock jumps over 8%  —  Facebook mobile ads now make up 79 percent of its business  —  Facebook is more mobile than ever.  Again.  —  The company reported …
Jeff Grubb / VentureBeat:
Oculus releases a Minecraft version for Gear VR headsets on the Oculus Store for $6.99  —  Minecraft enters virtual reality on Samsung's Gear VR headset  —  It's time to move beyond the smartphone screen and into the world of Minecraft.  —  Oculus VR, Facebook's virtual reality company …
Emil Protalinski / VentureBeat:
IDC: 334.9M smartphones shipped worldwide in Q1, up just 0.2% YoY, marking the smallest YoY growth on record; Samsung extends lead over Apple  —  IDC: Smartphone shipments flat for the first time; Samsung widens lead over Apple in Q1 2016  —  Smartphone vendors shipped a total of 334.9 million smartphones worldwide last quarter.
Dean Takahashi / VentureBeat:
Nintendo FY16 misses forecast as profits plunge 60%, NX console to launch in March 2017  —  Nintendo earnings plunge 60 percent in fiscal year as it preps new hardware  —  That's an ugly bottom line.  —  Nintendo's earnings for the fiscal year ended March 31 fell 60.6 percent to 16.5 million yen …
Joseph Menn / Reuters:
Gmail Blog:
Google Calendar adds “Find a time” feature that suggests meeting times based on mutual availability; now on Android for Google Apps for Work or Edu users  —  Google Calendar for Android: Find a time for my meeting  —  Smartphones have made productivity portable.
Johana Bhuiyan / Re/code:
Arianna Huffington joins Uber's board of directors  —  Arianna Huffington, the co-founder and editor in chief of the Huffington Post (and an Uber investor already), has joined Uber's board of directors, company CEO Travis Kalanick announced today.  —  As a director, Huffington is in the company …
Paul Sawers / VentureBeat:
Judge finds Amazon liable for in-app charges racked up by kids  —  A federal court has ruled that Amazon is responsible for charges billed to parents by their kids through in-app purchases.  —  The Federal Trade Commission (FTC) first lodged the case against Amazon back in July 2014 …
Ingrid Lunden / TechCrunch:
Spotify buys photo aggregator CrowdAlbum to build more marketing tools for artists  —  Spotify has made another acquisition to build out the tools that it provides to artists who use Spotify's streaming platform to grow their listeners and overall business.  It has bought CrowdAlbum …
Ingrid Lunden / TechCrunch:
Yahoo reaches deal with activist Starboard adding 4 people to board, including Starboard CEO  —  As Yahoo continues to weigh up acquisition offers, the company has announced that it's reached a deal with activist investor Starboard, which had written one of its famous letters …
Wall Street Journal:
Sources: Comcast in talks to buy DreamWorks Animation for $3B+, would likely merge DreamWorks with Universal Pictures  —  Comcast in Talks to Buy DreamWorks Animation for More Than $3 Billion  —  Deal would join DreamWorks with Comcast's Universal Pictures

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