Techmeme
February 1, 2017, 4:20 PM

Top News

Facebook:
Facebook Reports Fourth Quarter and Full Year 2016 Results  —  Facebook, Inc. (NASDAQ: FB) today reported financial results for the fourth quarter and full year ended December 31, 2016.  —  “Our mission to connect the world is more important now than ever,” said Mark Zuckerberg, Facebook founder and CEO.
Polygon:
ZeniMax awarded $500M damages in breach of NDA lawsuit against Oculus; Oculus to pay $300M, co-founder Iribe to pay $150M, co-founder Luckey to pay $50M  —  What's next?  —  PIN  —  A Dallas, Texas jury today awarded half a billion dollars to ZeniMax after finding that Oculus co-founder …
Darrell Etherington / TechCrunch:
Report: Snap Inc. is working on adding lenses that can recognize and interact with landscapes, an extension of the current set which recognize faces  —  Snap, Inc. is working on an updated version of its in-app Snapchat lenses that would be able to recognize landscapes as well as faces …
Ben Fox Rubin / CNET:
Amazon plans to spend $1.49B to create its first worldwide air cargo hub in Hebron, Kentucky, says the hub will create up to 2.7K new full- and part-time jobs  —  The investment, which could create over 2,000 new jobs, points to Amazon's continued ambitions to expand in shipping and logistics.
Benjamin Mayo / 9to5Mac:
Apple stock is up 6%+ after record Q1 results, nearing all-time high of $135  —  Update: The stock continues to climb as the day progresses, now up 6.5% at around $129, which values the company at more than 670 billion dollars in market cap.  It is also nearing Apple stock's all time high of $135.
Juli Clover / MacRumors:
Jordan Novet / VentureBeat:
Bloomberg:
Sources: Apple is developing a new low-power ARM chip to work alongside Intel's in laptops  —  A part built with ARM Holdings is used in keyboard's Touch Bar  —  New design could help improve battery life in MacBook laptops  —  Apple Inc. is designing a new chip for future Mac laptops …
Chris O'Brien / VentureBeat:
EU announces deal to end all wireless roaming charges starting June 2017  —  The European Union took a big step toward creating a Digital Single Market today with the announcement of a deal that would end roaming charges for mobile consumers across the continent.

Sponsor Posts

Microsoft:
Winning hackathon project now helping millions read and write  —  Teacher Merlyne Graves used to spend hours recording for her students who struggled with reading.  Not any more.
IBM:
IBM will give $200,000 to a team that can come up with a solution for natural disaster preparedness  —  Call for Code, The initiative for developers to use their mastery of the latest technologies, to build solutions that can change the world.
eero:
Another day, another cyber security threat. eero keeps your network protected.  —  VPNFilter is the latest router-based malware and is estimated to affect over 500,000 consumer routers.
Zoho:
It's go time for Go Zoho!  —  It's not often that you hear of a tech company taking a vintage Airstream trailer on the road to help users in their own neighborhood.  Then again, Zoho's no ordinary tech company.

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Todd Spangler / Variety: