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Techmeme
February 9, 2017, 1:25 PM
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Top News

Lara O'Reilly / Business Insider:
Twitter reports Q4 revenue of $717M, missing estimates, but beats on earnings as MAUs grew 2M from Q3 2016, reaching 319M  —  Twitter missed analysts' expectations for its fourth-quarter revenue — reporting $717 million versus estimates of $740 million — as advertising spend lagged behind …
Brett Molina / USA Today:
Twitter shares fall over 10% on Q4 revenue miss, flat growth, and a 5% YoY drop in US ad revenue  —  So much for the “Trump bump.”  —  Twitter missed on revenue during the fourth quarter, according to results released Thursday, as the social media service struggles to sustain rapid growth among its monthly active user base.
William Alden / BuzzFeed:
Memo: Zenefits is laying off 430 employees, or about 45% of its staff, including 250 from its San Francisco office, as it expands workforces in Canada and India  —  Zenefits will lay off 45% of its employees in an effort to slash costs, according to an internal memo this morning that was obtained …
Bryan Clark / The Next Web:
Google gives devs until March 15 to provide a valid privacy policy for apps or risk administrative action including removal of apps from the Play Store  —  Over the last 24 hours, Google has been sending notices to developers worldwide stating its intention to “limit visibility” …
Kurt Wagner / Recode:
Filing: Snap Inc. has a $1B agreement with Amazon Web Services to use its services alongside Google's; minimum 2017 spend is $50M, rising to $350M by 2021  —  Snap disclosed the deal in a revised version of its S-1 made public Thursday.  —  It turns out that Google isn't the only company Snap …
Gabriela Vatu / Softpedia News:
Researchers detail hard-to-detect malware affecting 140+ banks and other orgs that can be injected directly into computer memory using legitimate system tools  —  A new Kaspersky report talks about at least 140 banks  —  Banks, telcos, and even governmental agencies in the United States …
Eddie Makuch / GameSpot:
E3 opens to non-industry attendees for the first time in 2017, will make 15K tickets available Feb. 13  —  15,000 tickets for E3 2017 will go on sale this coming Monday, February 13.  —  For the first time ever, E3 is opening its doors to the public.  The Entertainment Software Association …

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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.

From Mediagazer

Todd Spangler / Variety:
Comcast plans to spin off its media and entertainment assets, including NBCUniversal and Sky, into a new publicly traded entity, set to close by mid-2027

Rebecca Rubin / Variety:
Industry sources estimate Supergirl could lose $100M to $120M during its theatrical run after a $37.1M domestic and $62.6M worldwide opening weekend, below est.

Madeline Halpert / BBC:
Film director Carl Erik Rinsch, who was convicted last year of defrauding Netflix of $11M, is sentenced to two and a half years in prison

More News

Earlier Picks

Chaim Gartenberg / The Verge:
Verizon debuts Wear24 smartwatch with a 1.39" circular screen, LTE, Wi-Fi, NFC, and Android Wear 2.0, available next month for $300 with a two-year contract
Jasper Jackson / The Guardian:
In an unusual move, Wikipedia editors vote to ban The Daily Mail as a source after finding it “generally unreliable”
Kif Leswing / Business Insider:
Sources: Magic Leap's consumer prototype is in “good shape” ahead of board meeting, but January demos used vaporware; as timeline slips, SDK expected in 2017
Facebook:
Facebook is testing a machine-learning-powered tool to identify ads for housing, employment, and credit, which will face further racial discrimination screening
Emil Protalinski / VentureBeat:
Microsoft releases new Windows 10 preview with a picture-in-picture feature called Compact Overlay, new share icon, Dynamic Lock, more
Anthony Ha / TechCrunch:
Flipboard debuts personalized Smart Magazines, which aggregate stories on various topics, available today
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