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February 2, 2017, 8:50 PM
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| U.S. Securities and Exchange Commission: |
Snap Inc.'s S-1 SEC filing for IPO — This is an initial public offering of shares of non-voting Class A common stock of Snap Inc. Snap Inc. is offering to sell shares of Class A common stock in this offering. The selling stockholders identified in this prospectus are offering an additional shares of Class A common stock.
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See also Mediagazer| Jordan Novet / VentureBeat: |
Snap Inc. files for IPO, aiming to raise $3B; firm had $404M in revenue in 2016, up 500% YoY, on a $514M net loss — Snap today filed its S-1 paperwork with the Securities and Exchange Commission (SEC), triggering the process to go public. The company aims to raise $3 billion …
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See also Mediagazer| Matthew Lynley / TechCrunch: |
Snapchat had 161M DAUs in December 2016, up from 110M last year, with 69M located in US and 53M in Europe; the firm makes $1.05 per user in revenue on average — It's here! Snap — which confidentially filed for its IPO late last year — has released its public filing through the Securities and Exchange Commission.
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| Mike Isaac / New York Times: |
Travis Kalanick tells employees in internal memo that he's leaving President Trump's economic advisory council — SAN FRANCISCO — Travis Kalanick, chief executive of Uber, plans to step down from President Donald J. Trump's economic advisory council, according to an email that the executive sent …
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See also Mediagazer| Kara Swisher / Recode: |
Sources: Facebook, Microsoft, Google, Apple, and Amazon circulating draft open letter to Trump on recent immigration order ahead of planned release this week — It's the first joint effort from big U.S. businesses to try to support immigration. — Alphabet, Apple, Facebook, Microsoft …
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| Brad Smith / Microsoft on the Issues: |
Microsoft asks Trump administration for a formal process to grant exceptions to visa-holding workers and students affected by immigration order — Proposal calls for case-by-case exception process for law-abiding visa holders with pressing needs — In last Friday's executive order …
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Microsoft, CNNMoney, The Hill, Ars Technica, Axios, Bloomberg, The Register, CNET, Washington Post, Computerworld, BuzzFeed, TechCrunch, Engadget, Breitbart, The Guardian, BGR, Wall Street Journal, Windows Central, MSPoweruser, The Verge, On MSFT, TechCrunch, GeekWire, Recode, Silicon Valley Business …, Vanity Fair, The Hill, Gizmodo, CNET, CNBC, iPhone in Canada Blog, SiliconBeat, The Fire Hose, Forbes, USA Today, Wall Street Journal, Wall Street Journal, and The Next Web
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| Bob Fernandez / Philly.com: |
Thousands of Comcast employees stop work in Philadelphia and other cities to protest Trump's immigration executive order — Thousands of Comcast employees in Philadelphia streamed out of the Comcast Center on Thursday afternoon to protest President Trump's recent executive order on Muslim immigrants and refugees from seven nations.
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Billy Penn, Engadget, Daring Fireball, Business Insider, The Verge, Mashable, CBS San Francisco, and Bloomberg
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See also Mediagazer| Business Wire: |
Amazon.com Announces Fourth Quarter Sales up 22% to $43.7 Billion — Operating cash flow increased 38% to $16.4 billion for the trailing twelve months, compared with $11.9 billion for the trailing twelve months ended December 31, 2015. Free cash flow increased to $9.7 billion …
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Tweets: @jonerlichman, @jkrisch, @reuterstech, and @jonerlichman
| John Mannes / TechCrunch: |
Amazon reports Q4 revenue of $43.7B, up 22% YoY, vs $44.68B expected, as net income reaches $749M; stock down 3%+ — Mixed faces in Seattle today as Amazon delivered its Q4 2016 earnings. The e-commerce company reported lower than expected revenue of $43.74 with better than expected earnings per share of $1.54.| Jordan Novet / VentureBeat: |
| Joseph Cox / Motherboard: |
Hackers release iOS cracking tools used by Cellebrite, the Israeli firm known for breaking into phones; expert says the tools are similar to jailbreaking tools — The hacker says this demonstrates that when organizations make hacking tools, those techniques will eventually find their way to the public.
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9to5Mac, AppleInsider, The Mac Observer, iPhone Hacks, iLounge, and MacDailyNews
Tweets: @josephfcox, @panzer, @scribandotcom, @smitherinda, and @josephfcox
| Tom Warren / The Verge: |
Microsoft updates Outlook for iOS with support for apps and add-ons, starting with Giphy, Evernote, Trello, more — Microsoft is bringing apps and add-ins to its Outlook for iOS email application today. The software giant has partnered with Evernote, Giphy, Nimble, Trello …
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Tweets: @officenews and @maryjofoley
| John Mannes / TechCrunch: |
Facebook to let users search for photos using keywords to describe them, powered by its Lumos AI, which has been used to help the visually impaired — Initially used to improve the experience for visually impaired members of the Facebook community, the company's Lumos computer vision platform …
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Facebook Code, Digital Trends, SiliconANGLE, Silicon Valley Business …, VentureBeat, ZDNet, The Verge, Fast Company, and Mashable. Tweets: @joshconstine
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