January 27, 2017, 3:00 PM

Top News

Emil Protalinski / VentureBeat:
Microsoft reports Surface revenue down 2% YoY to $1.32B as Azure revenue increased 93% and Phone revenue declined 81%  —  Microsoft today reported earnings for its second fiscal quarter of 2017, including revenue of $26.1 billion, net income of $6.5 billion, and earnings per share of $0.83.
Ryan Lawler / TechCrunch:
Alibaba's Ant Financial buys US-based international money transfer service MoneyGram for $880M, an 11.5% premium to MoneyGram's Wednesday closing price  —  Ant Financial, the Alibaba affiliate controlled by billionaire Jack Ma, is close to sealing a deal to buy U.S. money-transfer service …
Darrell Etherington / TechCrunch:
Tesla files suit against former Autopilot director, says he took proprietary information and tried to poach staff for his new self-driving car startup Aurora  —  Tesla has sued former employee Sterling Anderson, who acted as Director of its Autopilot Programs for just over a year, for breach of contract.
Partnership on Artificial Intelligence:
Apple joins Partnership on AI, the research group that includes Amazon, Google, Facebook, and Microsoft  —  It has been rewarding and energizing to see all of the enthusiastic support about the Partnership on AI to Benefit People and Society (Partnership on AI) following our announcement in September.
Toshiba says it is looking to sell a minority stake in its memory chip business unit to offset an imminent multi-billion dollar writedown  —  Toshiba Corp (6502.T) said it will sell a minority stake in its memory chip business as it urgently seeks funds to offset an imminent multi-billion dollar writedown …
Andy Greenberg / Wired:
The value of hyper-anonymous cryptocurrency Monero has risen 2,760% from 50¢ to $12 over the past year; the collective value of all Monero is close to $165M  —  For the cryptocurrency community, 2016 was a very good year.  Bitcoin doubled in price.  The far-out Bitcoin alternative Ethereum shot up by a factor of 10.
Tiernan Ray / Tech Trader Daily:
VMware reports Q4 revenue of $2.03B, up 8.7% YoY, announces $1.2B stock buyback plan  —  Shares of virtualization software makers VMware (VMW), majority owned by privately held Dell, are up $3.25, or almost 4%, at $87.47, in late trading, after the company this afternoon reported Q4 revenue …

Sponsor Posts

Continuing to serve, veterans deploy to disaster zones  —  Learn how Team Rubicon underwent a digital transformation to help more communities affected by natural disaster.
Learn how eero uses IPv6, the next generation networking standard, to make all connected devices work better.  —  All eeros have received software upgrades including a new, highly requested feature — IPv6.
Zoho Mail Presents: Reader View, Email Status Indicator, and More  —  Have the comfort of reading emails on your own terms, view the statuses of your emails at a glance, call your colleagues from the mailbox, and drag-and-drop your emails as attachments.
3 Ways Large Organizations Are Using Blockchain  —  Check out our 2 infographics on how large organizations are adopting blockchain technology to save money and secure data.

Listen to Techmeme's Podcast:

Techmeme Ride Home for Thursday Mar. 22 Subscribe via Apple Podcasts or RSS.

About This Page

This is a Techmeme archive page. It shows how the site appeared at 3:00 PM ET, January 27, 2017.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Earlier Picks

Matthew Lynley / TechCrunch:
Emil Protalinski / VentureBeat: