Techmeme
January 27, 2017, 12:35 PM

Top News

Ryan Lawler / TechCrunch:
Microsoft reports Q2 revenue of $26.1B, up from $25.7B last year, as Office 365 revenue grew 10% for the quarter to $7.4B and IC revenue grew 8% YoY to $6.9B  —  Microsoft reported financials for its fiscal second quarter today, posting earnings of $0.83 per share on $26.1 billion in revenue.
Emil Protalinski / VentureBeat:
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.
Bloomberg:
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.
Matthew Lynley / TechCrunch:
Alphabet beats Q4 estimates with $26.06B revenue; Other Bets revenue up from $150M a year ago to $262M as division's losses shrink to $1.1B from $1.2B  —  Google reported mixed earnings for its fourth quarter today — but we're starting to see some flashes of improvement in its “other bets” …
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 …
Evan Blass / VentureBeat:
Leaked image shows Samsung Galaxy S8 with rear-facing fingerprint reader, no home button; source says S8 will be unveiled March 29 in 5.8", 6.2" configurations  —  EXCLUSIVE:  —  Samsung is preparing to unveil a pair of Galaxy S8 smartphones significantly different from past models …

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Featured Podcasts

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Google's AI Infrastructure Chief, Amin Vahdat, on the Physics & Economics of Frontier AI
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More News

Dean Takahashi / VentureBeat:

Earlier Picks

Peter Kafka / Recode:
Emil Protalinski / VentureBeat: