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Techmeme
October 27, 2016, 11:45 AM
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Top News

Matthew Lynley / TechCrunch:
Twitter reports Q3 2016 revenue of $616M, beating expectations of $606M, as MAUs grow 4M to 317M  —  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:
Apple to unveil its new TV guide Thursday, aggregating available content and using deep links to ease searching; sources say Netflix won't be included  —  It's an easier way to find and watch video on Apple TV.  —  Apple plans to unveil its new version of a TV guide tomorrow during a product event in California.
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.
Brian Heater / TechCrunch:
Microsoft debuts Surface Dial, a puck-like input device for Surface Studio that summons app options when on screen, free with Studio preorders, normally $99
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.”
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.
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.

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From Mediagazer

Todd Spangler / Variety:
State attorneys general from Iowa and Montana file a motion with the US Supreme Court to have the antitrust suit against the Paramount-WBD deal thrown out

Reuters:
Puck is in advanced talks for an investment from RedBird Capital; sources: the deal will value Puck at around $250M and give RedBird a significant stake

Elsa Keslassy / Variety:
Pedro Pina, YouTube VP for Europe, Middle East, and Africa, defended YouTube against claims it is fueling British TV's decline during a speech in Edinburgh

More News

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
Amina Elahi / Chicago Tribune:
Groupon to acquire LivingSocial for a price it calls “not material”; stock drops 10%+ after hours

Earlier Picks

Ryan Whitwam / Android Police:
Google acknowledges Pixel lens flare issue and is working on an OTA software fix for HDR+
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