| Stephen Witt / Billboard: |
Interview with Jeff Bezos and Steve Boom, VP of Amazon Music, about the music industry, Echo and Alexa's place in it, more — Amazon founder Jeff Bezos would make almost any list of the world's most powerful people. In retail, he's clearly on top, and in tech, he's close to it.| Lara O'Reilly / Business Insider: |
Twitter reports Q4 revenue of $717M, missing estimates, but beats on earnings; 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 close down 12.3% due to Q4 revenue miss, flat growth, weak Q1 guidance, 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 … | 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 … | Andrew Liptak / The Verge: |
Facebook hires MTV executive Mina Lefevre as head of development, overseeing scripted and unscripted content — Mina Lefevre had been the head of scripted for MTV — Facebook has been working to make video a central part of how its users experience the site, first with Facebook Live … | Mariella Moon / Engadget: |
Chrome for Android adds WebVR support for the Daydream headset — If you have a Daydream VR headset, you may want to update your Android phone's Chrome browser ASAP. Chrome's stable version now supports WebVR, a JavaScript API necessary for experiences loaded on browsers to work on a VR device.| Sarah Perez / TechCrunch: |
Twitch launches Communities in beta, catering to hundreds of non-gaming interests and topics, available now — Twitch's push to broaden the scope of its video game streaming site to include more types of content continues today with the launch of a new section on its site called “Communities.”| Narottam Medhora / Reuters: |
Nvidia beats estimates with Q4 revenue of $2.17B, up 55% YoY, vs. $2.11B expected, as its GPU sales grow 57% to $1.85B, automotive business up 37.6% to $128M — Nvidia Corp's quarterly revenue surged more than 50 percent for the second straight quarter, helped by rising demand for its graphics chips … | Marcus Ash / Windows Blog: |
Microsoft's Cortana will now suggest reminders based on content of emails, available now on Windows 10 and iOS, Android in the coming weeks — Cortana* already gives you reminders for people, places and times, and helps you make and manage to-do lists so you don't forget a thing.| Mike Minotti / VentureBeat: |
Activision Blizzard beats Q4 estimates with $2.01B in revenue, up 49% YoY; stock up 9%+ — It was a gigantic quarter for Activision Blizzard. — The publisher announced today that it achieved GAAP (generally accepted accounting principles, or earned) revenues of $2.01 billion … | Bloomberg: |
Sources: Airbnb in talks to acquire Luxury Retreats, a Montreal-based villa rental company; one source says the deal is expected to be under $300M — Deal would be Airbnb's largest at under $300 million — High-end rentals encroaches on Expedia and Priceline's turf| Kurt Wagner / Recode: |
Filing: Snap 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 …
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