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January 31, 2018, 5:35 PM
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| Microsoft Investor Relations: |
Microsoft reports $28.92B in Q2 2018 revenue, up 12% YoY, net loss of $6.3B due to $13.8B charge related to tax overhaul — REDMOND, Wash. — January 31, 2018 — Microsoft Corp. today announced the following results for the quarter ended December 31, 2017: · Revenue was $28.9 billion and increased 12%
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TechCrunch, Engadget, GeekWire, GeekWire, Reuters, TechCrunch, ZDNet, Petri, Reuters, The Verge, Windows Central, Business Insider, MSPoweruser, MSPoweruser, MSPoweruser, and Seeking Alpha
Tweets: @sai, @maryjofoley, @mehedih_, and @greene
| Facebook: |
Mark Zuckerberg says showing fewer viral videos reduced the total time people spent on Facebook by ~50M hours every day, as MAUs reach 2.13B, up 14% YoY — Facebook, Inc. (NASDAQ: FB) today reported financial results for the quarter and full year ended December 31, 2017.
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TechCrunch, The Guardian, TechCrunch, Recode, Reuters, Axios, Wall Street Journal, Business Insider, CNBC, TechCrunch, Business Insider, Variety, and CNBC
Facebook: Mark Zuckerberg. Tweets: @kurtwagner8, @kurtwagner8, @lexnfx, @kurtwagner8, @anthony, @kantrowitz, @business, @recode, @jonerlichman, @caseynewton, and @jonerlichman
| Richard Nieva / CNET: |
Facebook reports Q4 revenue of $12.97B, vs $12.55B est., up 47% YoY; net income of $4.27B, up 20% YoY, despite $2.27B charge due to tax overhaul; stock down 3%+ — The world's biggest social network is almost minting money, even after Mark Zuckerberg's warnings that news feed changes could hurt business.
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Recode, Engadget, ABC News, AdExchanger, Axios, The Verge, and Wall Street Journal
| Paul Sawers / VentureBeat: |
Google Flights says it will use historical data and AI to predict when planes may be delayed — Google has announced two new features for its flight-booking search service. — Using historical flight status data, Google Flights will now try to predict when flights will be delayed … | 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.
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CNET, Android Authority, Bloomberg, TWICE, SamMobile, ValueWalk, TechSpot, Android Police, FierceWireless, SlashGear, BGR, Firstpost, Seeking Alpha, Droid Life, VentureBeat, 9to5Google, Android Central, Bloomberg, Financial Times, Reuters, and CNET
Tweets: @jandawson, @jandawson, @business, and @samsung
| 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 …
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Digital Trends, The Next Web, BBC, Engadget, The Verge, CoinSpeaker, Gizmochina, CNBC, Cointelegraph.com News, Mashable, Ubergizmo, CoinDesk, ZDNet, TechSpot, Inquirer, CNBC, Ubergizmo, International Business Times, Neowin, and SlashGear. Tweets: @iamjosephyoung
| Evelyn Cheng / CNBC: |
Jack Dorsey says almost all Square Cash App users can now trade bitcoin on the platform; service isn't available for users in NY, Georgia, Wyoming, Hawaii — - Users of Square's Cash payments app can now trade bitcoin, except for those located in New York, Georgia, Wyoming and Hawaii, according to the company's website.
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The Next Web, Engadget, Bloomberg, Business Insider, TechCrunch, 9to5Google, Bitcoin Magazine, 9to5Mac, Business Insider, and CoinDesk
| 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.
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SiliconANGLE, Uber Newsroom, Gizmodo, The Next Web, The Verge, Engadget, and Axios
| 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.
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NewCo Shift and Vanity Fair
Tweets: @joshconstine, @martinsfp, @jessefelder, @thestalwart, @kcoxdc, @josheidelson, @shiraovide, @alex, and @sarahfrier
| Tim Bradshaw / Financial Times: |
Qualcomm and Samsung announce patent cross-licensing agreement, with Samsung withdrawing its interventions in Qualcomm's appeal against $868M fine — Qualcomm has struck a broad new alliance with Samsung, which could help the mobile chipmaker resolve its antitrust case in South Korea and fend off a hostile takeover bid from Broadcom.
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PR Newswire and Wall Street Journal
| Sarah Perez / TechCrunch: |
Game broadcasting platform Caffeine, founded by two ex-Apple designers, raised $46M across two rounds led by Greylock in 2016 and a16z in 2017 — A team of ex-Apple engineers and execs is taking on Amazon-owned Twitch and Google's YouTube Gaming with today's official launch of a new social broadcasting platform, Caffeine.
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Variety, Tubefilter, MacRumors, AppAdvice.com, VentureBeat, and iPhone in Canada Blog
| CNBC: |
Venezuela's president says a pre-sale of its new “petro” cryptocurrency, with each token backed by one barrel of crude oil, will begin on February 20 — - Critics have slammed the initiative as not only illegal but nothing more than a debt issuance by the government amid quadruple-digit inflation and major shortages.
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Bloomberg, Bloomberg, Motherboard, CoinDesk, Hacker Noon, and Seeking Alpha
Tweets: @_jillruth, @matt_odell, and @jeffjohnroberts
| 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.| 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 … | Reuters: |
South Korea says it has no plans to ban cryptocurrency exchanges, as it uncovers illegal cryptocurrency foreign exchange trading worth nearly $600M — SEOUL (Reuters) - South Korea's finance minister said the government has no plans to shut down cryptocurrency trading …
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Digital Trends, Cointelegraph.com News, CoinSpeaker, TechSpot, Engadget, Bitcoinist.com, BGR, NewsBTC, and NewsBTC
| 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
| Katie Roof / TechCrunch: |
PayPal reports Q4 revenue of $3.71B, up 24% YoY, vs. $3.63B est., processes $131B in total payments volume, up 32% YoY, and adds 8.7M customer accounts — PayPal impressed Wall Street when it reported fourth-quarter earnings after the bell on Wednesday. The global payments giant beat analyst expectations for both sales and profit.
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ZDNet, PayPal Investor Relations, eBay Newsroom, and Reuters
| Roger Cheng / CNET: |
AT&T reports Q4 revenue of $41.7B, vs. $41.8B last year, 4.1M total wireless net adds, and $19B net income, vs. $2.4B last year, boosted by tax reform benefit — AT&T has never shied away from a fight. — The Dallas telecom giant has been in the thick of a long battle … | 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.
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VentureBeat, The Asana Blog, Peter O'Kelly's Reality Check, TechCrunch, Bloomberg, PE Hub Blog, PitchBook, and CNBC. Tweets: @rosenstein
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