Techmeme
January 31, 2017, 11:55 PM

Top News

Jordan Novet / VentureBeat:
Apple reports Q1 revenue of $78.4B, up from $75.9B a year ago, as profit reaches $17.9B; 78.3M iPhones sold, up 5% YoY, as iPad sales declined 19% YoY to 13.08M  —  Apple today disclosed that it produced a $17.8 billion profit, or $3.36 in earnings per diluted share, on $78.35 billion in sales …
Apple:
Apple Reports Record First Quarter Results  —  iPhone, Services, Mac and Apple Watch Set All-Time Records  —  Apple today announced financial results for its fiscal 2017 first quarter ended December 31, 2016.  The Company posted all-time record quarterly revenue of $78.4 billion …
Nick Statt / The Verge:
Slack debuts Enterprise Grid, an admin-focused tool to scale its software for large firms, including the ability to create an unlimited number of “workspaces”  —  With the launch of its new ‘Enterprise Grid’  —  Team communication service Slack today announced a new product designed …
Todd Spangler / Variety:
WSJ: Facebook building video app for Apple TV and other set-top boxes as it ramps up its original programming efforts  —  Facebook is developing an app for set-top boxes including Apple TV, as a way to bring longer-form video content — and video ads — to big-screen TVs in consumers' living rooms, the Wall Street Journal reported.
Seth Fiegerman / CNNMoney:
Lyft, Airbnb, and Stripe, all backed by Peter Thiel's Founders Fund, have now criticized Trump's immigration order  —  Peter Thiel defends his support of Donald Trump  —  Lyft is having what could only be described as a banner week.  —  The ride-hailing service earned praise from customers …
Josh Constine / TechCrunch:
Hamza Shaban / BuzzFeed:
Casey Newton / The Verge:
Zac Hall / 9to5Mac:
Apple-recommended LG UltraFine 5K Display doesn't operate well near routers, dropping connections or freezing connected Macs; LG acknowledges the issue  —  Apple discontinued its Thunderbolt Display last summer after five years on the market, and now Apple recommends the LG UltraFine 5K Display …
Josh Constine / TechCrunch:
Facebook is now training its News Feed algorithm to detect authenticity of posts to reduce the promotion of spammy, fake, and sensational stories  —  Facebook is prioritizing “authentic” content in News Feed with a ranking algorithm change that detects and promotes content “that people consider genuine …
Brian Barrett / Wired:
How Lego built Lego Life, its child-friendly social network with Instagram-style profiles, a news feed, and more, available now on iOS and Android  —  There are Lego bricks and Lego movies, Lego videogames and Lego books.  The stackable, sortable plastic molds permeate all corners of society.
Jon Russell / TechCrunch:

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