Techmeme
May 11, 2017, 12:20 AM

Top News

Snap Inc.:
Snap reports Q1 results with DAUs up 36% YoY to 166M, or 5% QoQ, revenue of $149.6M, up 286% YoY; stock down 23%+ after hours to just above its IPO price of $17  —  VENICE, Calif.— Snap Inc. (NYSE: SNAP) today announced financial results for the quarter ended March 31, 2017.
Kurt Wagner / Recode:
Snap's reported Q1 revenue of $149.6M fell short of Wall Street's expectations of $158M  —  Snap finished March with 166 million daily active users.  —  Snap reported earnings for the first time today, and Wall Street isn't happy.  Shares are down more than 20 percent in after-hours trading.
Emil Protalinski / VentureBeat:
Microsoft debuts Azure Cosmos DB, a globally distributed database with five consistency choices, and new MySQL and PostgreSQL options for Azure Database  —  Arguably the biggest Azure news to come out of Microsoft's Build 2017 developer conference is the debut of Azure Cosmos DB.
Tom Warren / The Verge:
Microsoft says 500M devices are now running Windows 10, up from 400M in September 2016  —  Microsoft is announcing today that 500 million active machines are now running Windows 10.  The latest statistic comes almost 8 months after the company revealed 400 million devices were running Windows 10.
Frederic Lardinois / TechCrunch:
Emil Protalinski / VentureBeat:
Adi Robertson / The Verge:
Google acquires Owlchemy Labs, the VR-focused game studio behind Job Simulator and Rick and Morty: Virtual Rick-ality, for an undisclosed sum  —  Google announced today that it's acquiring Owlchemy Labs, the VR-focused studio that created Job Simulator and Rick and Morty: Virtual Rick-ality.
Zack Whittaker / ZDNet:
FCC's website has been flooded with 128K+ identical fake anti-net neutrality comments via its public comment system API  —  Several people we spoke to denied they had posted comments to the Federal Communication Commission's (FCC) feedback pages.  —  A bot is thought to be behind the posting …
Sarah Perez / TechCrunch:
Google launches event suggestions in US search results on mobile web and in app; data pulled from 13 sources including Eventbrite, Ticketmaster, Meetup, StubHub  —  Google today is updating its app and mobile web experience in the U.S. to help web searchers more easily find things to do …
Chance Miller / 9to5Mac:
Apple says it will invest $1B to expand data center and build new shipping warehouse in Reno  —  Earlier this week, it was reported that Apple was planning an expansion of its Reno data center, with the company awaiting city approval.  Today, the Reno City Council officially approved Apple's proposal for a $1 billion expansion...
Josh Constine / TechCrunch:
Facebook says it will now rank sites with “disruptive, shocking or malicious ads” lower in News Feed  —  Facebook will bury links to low-quality websites and refuse to carry ads pointing to them in a News Feed algorithm changeannounced today.  Facebook defines a “low-quality site” …
New York Times:
Interviews with Macron campaign staff reveal the obfuscation techniques used to slow hackers, who US intelligence believe were Russian  —  PARIS — Everyone saw the hackers coming.  —  The National Security Agency in Washington picked up the signs.  So did Emmanuel Macron's bare-bones technology team.

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Earlier Picks

Jason Del Rey / Recode: