Techmeme
January 31, 2018, 2:35 PM

Top News

Saheli Roy Choudhury / CNBC:
Samsung Electronics posts record Q4 profit of $14.15B driven by chip sales, while its mobile business saw a 3.2% YoY profit decline to ~$2.25B  —  - Samsung Electronics recorded an operating profit of about $14.15 billion for the December quarter — in line with guidance.
Jon Russell / TechCrunch:
Samsung confirms it is manufacturing ASIC chips, which are used to mine cryptocurrencies; the ASIC industry is dominated by China's Bitmain and Canaan Creative  —  Fresh from toppling Intel as the planet's biggest seller of chipsets, Samsung has confirmed that it has begun manufacturing ASIC chips …
Janko Roettgers / Variety:
Spotify is testing a separate Pandora-style music app called “Stations” on Android in Australia  —  Music streaming service Spotify released a new Android app that's all about free music Tuesday.  The app, dubbed Stations, lets users stream curated music stations without …
Megan Rose Dickey / TechCrunch:
Uber partners with JUMP to begin piloting a bike-sharing service called Uber Bike in San Francisco starting next week  —  Uber is launching a bike-sharing service next week in partnership with JUMP, a startup that recently received the first and only permit to operate dockless bike-sharing in San Francisco.
Arjun Kharpal / CNBC:
Nintendo beats expectations with Q3 revenue of $4.44B, up 177% YoY, profit of $1.07B, up 261% YoY, and raises annual Switch sales forecast to 15M units from 14M  —  - The Japanese gaming giant raised its sales forecast for the Nintendo Switch from 14 million to 15 million to the end of March 2018.
Becky Peterson / Business Insider:
Dustin Moskovitz's productivity startup Asana raises $75M Series D led by Al Gore's Generation Investment Management; sources say at a $900M valuation  —  - The collaboration and productivity application company Asana raised $75 million in a series D, the company announced Tuesday.
Salvador Rodriguez / Reuters:
Slack CEO Stewart Butterfield says its Enterprise Grid service, launched one year ago, has 150+ customers  —  SAN FRANCISCO (Reuters) - Slack Technologies Inc now has more than 150 customers using the enterprise version of its workplace collaboration software, Chief Executive Stewart Butterfield told Reuters.
Thanks:@sal19
Bloomberg:
Fujifilm buys control of Xerox to form an $18B company, marking an end to the iconic American giant's independence  —  Joint venture to eliminate 10,000 jobs globally in revamp  —  Deal will end independence of U.S. firm formed in early 1900s  —  Fujifilm Holdings Corp. is buying control …
Pavel Alpeyev / Bloomberg:
Line Corp., creator of Japan's biggest messaging app, is expanding into cryptocurrency trading, insurance, and other financial services  —  Japan's biggest messenger creates a financial holdings company  —  Line applied for cryptocurrency exchange license in Japan
Daisuke Wakabayashi / New York Times:
As jury selection begins in Waymo-Uber trial, a rundown of both sides' core arguments on trade secrets, R&D, Anthony Levandowski's role, and more  —  SAN FRANCISCO — After nearly a year of legal wrangling, dramatic last-minute delays and uncooperative witnesses, a jury will soon hear arguments …
Ingrid Lunden / TechCrunch:
Big data business intelligence startup Trifacta raises $48M Series D from investors including Google, Ericsson, Accel, and others  —  Trifacta, a big-data startup that is building tools to help businesses structure and analyse data that gets generated in their networks through customer interactions …
Kyle Stock / Bloomberg:
Nuro exits stealth after unveiling an autonomous delivery vehicle prototype, has raised $92M from investors including Banyan Capital and Greylock Partners  —  A secretive startup has unveiled its new grocery-getter, one of many automakers that are leaving people out of the equation.
Sarah Frier / Bloomberg:
Users around the world who infrequently log in to Facebook say it has been increasing re-engagement prompts via emails and text messages recently  —  It's been about a year since Rishi Gorantala deleted the Facebook app from his phone, and the company has only gotten more aggressive in its emails to win him back.

Sponsor Posts

Microsoft:
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IBM:
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