Techmeme
October 27, 2016, 10:05 AM

Top News

Matthew Lynley / TechCrunch:
Twitter reports Q3 2016 revenue of $616M, beating expectations of $606M, as MAUs grow 4M to 317M; stock up 4% pre-market  —  With Twitter's acquisition hopes essentially dead, the company now seems it's on its own to fend for itself and needs to figure out a way to build a reasonable and profitable business.
Kurt Wagner / Recode:
Twitter will cut 9% of its workforce, or roughly 350 people; sources say cuts are company-wide with a focus on sales and marketing teams  —  The layoffs were announced alongside Twitter's Q3 earnings Thursday morning.  —  Twitter is cutting 9 percent of its staff, or roughly 350 people …
Ian King / Bloomberg:
Qualcomm to Buy NXP Semiconductors for $47 Billion in Cash  —  NXP would allow Qualcomm to diversify away from smartphones  —  Target is largest maker of semiconductors used in cars  —  Qualcomm Inc., the largest maker of mobile-phone chips, will acquire NXP Semiconductors NV for $47 billion …
Jacob Kastrenakes / The Verge:
What to expect at Apple's “hello again” event: updated MacBook Pros, MacBook Air, and more  —  Optimus Macsimus  —  If there has been one refrain from Apple fans over the past year, it's that the Mac is well overdue for an upgrade.  This week, it looks like it's finally going to get one.
Peter Kafka / Recode:
Mike Krahulik / Penny Arcade:
Surface Studio review: beautiful display, adjustable screen that's sturdy in all positions, overall a dream computer  —  If you have not heard already, Microsoft just announced a new device called the Surface Studio.  It's essentially a Surface computer for your desktop.
Darrell Etherington / TechCrunch:
Matthew Panzarino / TechCrunch:
Apple says it needs “a little more time” to get AirPods ready, delaying the launch  —  If you've been waiting for Apple's AirPod wireless headphones to go on sale, you're going to have to wait a little longer.  Apple says that it is not ready and will need “a little more time.”
BBC:
Samsung Q3 operating profit plunges 30% YoY to $4.57B, the lowest level in two years, after the Note7 recall  —  The world's largest smartphone maker Samsung has seen its operating profit plunge by 30%, pulled down by the recall of its high-end Note 7 phone.
Bloomberg:
Sources: Snap Inc. will seek to raise as much as $4B in its planned IPO, valuing the company at between $25B and $35B  —  Snapchat will seek to raise as much as $4 billion in its planned initial public offering, according to people familiar with the matter, Bloomberg News reports.
Alex Konrad / Forbes:
Giphy has 100M daily users who share 1B GIFs every day across a range of platforms  —  Cleveland's Andrew Miller slamming his fist against his glove after getting out of a jam in Game 1 of the World Series against the Cubs.  Halloween greetings from David S. Pumpkins, a recent Tom Hanks character …
More: GIPHY, Engadget and Adweek
Ina Fried / Recode:
Verizon to acquire Jason Kilar's video startup Vessel, will use its tech but shut service down; co-founder Richard Tom to become CTO for Verizon digital efforts  —  Kilar won't be joining Verizon, but his co-founder, Richard Tom, will.  —  Verizon said Wednesday it is buying the technology behind Vessel …
Amina Elahi / Chicago Tribune:
Groupon to acquire LivingSocial for a price it calls “not material”; stock drops 10%+ after hours  —  Groupon says it is acquiring LivingSocial.  —  Blue Sky Innovation  —  Privacy Policy  —  Groupon will acquire LivingSocial, a smaller competitor in the deals space …
Emil Protalinski / VentureBeat:
Windows 10 “Creators Update” coming early 2017 for free, featuring 3D and mixed reality, 4K gaming, more  —  At its Windows 10 event in New York City today, Microsoft announced the Creators Update for Windows 10.  The company detailed a slew of new features coming to its latest and greatest operating system, for free.

Sponsor Posts

Microsoft:
Helping a groundswell of citizen scientists aid the environment  —  See how Microsoft's AI for Earth program is partnering with iNaturalist to help amateur and expert scientists share data.
eero:
eero: your first line of defense against security breaches.  —  Thanks to our automatic and regular software updates as well as a number of other security measures built into our devices and software …
Mozilla:
Facebook Container Extension: Take control of how you're being tracked  —  Our Multi-Account Containers extension has been a game changer for many users, letting them manage various parts of their online life without intermingling their accounts.
Zoho:
Announcing Zoho Mail Desktop Lite Client  —  Get the best of both worlds.  —  There are times when you can't afford distractions while communicating over email.  This is especially true in the case of business emails …

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