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Techmeme
April 27, 2016, 12:55 PM
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Top News

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:
Apple says it received its first FBI tip via Vulnerability Equities Process on April 14; vulnerability already fixed on iOS9 and El Capitan  —  Apple says FBI gave it first vulnerability tip on April 14  —  The FBI informed Apple Inc of a vulnerability in its iPhone and Mac software on April 14 …
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:
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
Casey Newton / The Verge:
None of the changes Twitter made over the past year have broadened the appeal of the core service  —  Nothing Twitter is doing is working  —  Twitter reported its first-quarter earnings today, and they came in under expectations: the company's haul of $595 million was less than the $607.8 million …
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 …
Olivier Laurent / TIME:
Getty Images files EU antitrust complaint against Google for scraping pics from websites, displaying and allowing downloads of hi-res images  —  Google Accused of Enabling Photography Piracy  —  Photography company Getty Images is accusing Google of scraping images from third party websites …
Sonam Joshi / Mashable:
Starting 2017, all new mobile phones sold in India must have a “panic button” function that lets users make emergency calls, in move to improve women's safety  —  From 2017, all new mobile phones in India will have a panic button for women's safety
Alex Webb / Bloomberg:
Apple misses with Q2 revenue of $50.6B, down from $58B last year; net income down to $10.5B; 51.2M iPhones sold; sees Q3 sales drop to $41B-$43B
Apple:
Apple Reports Second Quarter Results
Alex Kantrowitz / BuzzFeed:
Source: Facebook is offering some content creators around $250K for 20 live video posts per month over a three-month period  —  As Social Shifts To Video, Content Creators Win Power And Dollars  —  Photo illustration by Alex Kantrowitz, BuzzFeed News / Thinkstock-Facebook
More: Business Insider.  Tweets: @robinwauters.  Thanks:@kantrowitz
Matt Weinberger / Business Insider:
Smart home company Vivint raises $100M co-led by Peter Thiel and Solamere Capital  —  Peter Thiel and Mitt Romney invested $100 million in a company that wants to be the Apple of smart homes  —  Vivint, a smarthome company based out of Provo, Utah, has raised $100 million in its first round of venture-capital funding.
More: TechCrunch, Forbes and BostInno.  Tweets: @mims
Jordan Novet / VentureBeat:
Dropbox previews Project Infinite, which will show files locally but store them remotely; no launch timeline or pricing set  —  Dropbox's Project Infinite shows all company files locally but stores them remotely  —  Cloud file syncing and sharing software company Dropbox today is announcing …

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From Mediagazer

Daniel Thomas / Financial Times:
Sky agrees to acquire ITV's TV business for £1.6B, uniting the UK's two largest commercial broadcasters; ITV says shareholders will receive £950M from the deal

Alex Ritman / Variety:
AI-focused studio Particle 6 plans a full-length feature film to be led by the AI “actor” Tilly Norwood, as a hybrid production using film and TV professionals

Lucas Shaw / Bloomberg:
Sources: Netflix is studying its data to see why viewers quit its shows after S1, with some shows seeing a 30%-70% S2 drop, as it faces a quarter without hits

More News

Reuters:
T-Mobile earns $479M, adds 2.2M customers, as revenue grows 10.6% YoY, to $8.6B in Q1
Mark Hachman / PCWorld:
Intel CEO outlines new strategy: focus on connected things like PC and IoT, cloud, new memory business like 3D XPoint, 5G, manufacturing and fab innovation

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