Techmeme
May 9, 2017, 5:10 PM

Top News

Ingrid Lunden / TechCrunch:
Amazon unveils Echo Show, an Alexa-powered speaker with a 7" touchscreen and video calling for $229.99; preorders open now, ships June 28  —  Look out, world: Alexa is coming to a screen near you.  Today Amazon unveiled the Echo Show, a WiFi-enabled home device with a seven-inch screen …
Casey Newton / The Verge:
Snapchat adds snaps with unlimited viewing time and looping videos, which will both self-destruct on being closed, and new creative tools like a “magic eraser”  —  Infinite snaps, loops, and the magic eraser  —  Snapchat added a set of new creative tools to its arsenal today amid …
Dan Primack / Axios:
Sarah Tavel leaves Greylock Partners to become general partner at Benchmark Capital, the first woman in that role at the firm  —  Sarah Tavel has joined venture capital firm Benchmark Capital as its sixth general partner, after having been with rival Greylock since 2015.
Tom Warren / The Verge:
Docs show Microsoft's plan to turn Windows 10 PCs into Echo rivals with HomeHub feature, which includes an “always on” welcome screen for lists, notes, more  —  Microsoft has been working on a new HomeHub feature for Windows 10 to better compete with devices like Amazon's Echo.
Sarah Buhr / TechCrunch:
Online review startup Podium raised $32M Series A, led by Accel Partners with GV, Summit Partners, and Y Combinator participating  —  Podium, a Utah-based enterprise software company specializing in customer review management has pulled in an over-subscribed $32 million Series A round, led by Accel Partners.
Joe Ciolli / Business Insider:
Yelp cuts full-year guidance to a range of $850M-$865M, down from $880M-$900M, reports Q1 net revenue of $197.3M vs $198.4M est; stock down 27%+ after hours  —  Yelp saw its stock plummet 28% to $25.12 after reporting sales that fell short of analyst forecasts and cutting full-year 2017 estimates for revenue and adjusted EBITDA.
More: TechCrunch and Yelp
Natalie Gagliordi / ZDNet:
Nvidia reports Q1 revenue of $1.94B, up 48% YoY, vs $1.91B expected; stock up 14%+ after hours  —  Nvidia said sharp growth of its deep learning technology helped accelerate revenue growth in the quarter.  —  Graphics chipmaker Nvidia reported first quarter financial results Tuesday.
Matthew Lynley / TechCrunch:
Pinterest adds visual search guides to its Lens and promotes its head of discovery engineering Vanja Josifovski to CTO role  —  Pinterest today is adding a new feature to its Lens — its live camera search — that will help pick apart what's in the image and make it easier to search specific parts of that image.
Bloomberg:
China's Alipay announces deal with payment processor First Data Corp to let its users shop at 4M stores in US  —  Mobile payments wallet to be accepted at 4 million U.S. stores  —  Alipay says it's part of broader international expansion  —  China's mobile-payments king wants a piece of the world's biggest consumer market.
Mike Levine / ABC News:
Sources: Senate Intel Committee sent a secret notice to US AG and DNI warning of potential risks of Kaspersky software, given Russian firm's huge market share  —  Russia's growing aggression toward the United States has deepened concerns among U.S. officials that Russian spies might try …

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