Techmeme
January 31, 2018, 6:25 PM

Top News

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%
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.
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 …
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.
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 …
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 …
Saheli Roy Choudhury / CNBC:
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.
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 …
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.
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 …
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

Sponsor Posts

Microsoft:
Making gaming accessible to all  —  Read the story behind the new Xbox Adaptive Controller, which will make gaming accessible to people with a broad range of disabilities.
eero:
CNET: eero Labs introduces a new innovation playground for networks.  —  eero is introducing eero Labs to give its customers a chance to try out new features on its mesh Wi-Fi system before they go mainstream.
IBM:
Multi-platinum music producer collaborates with AI and APIs  —  See how IBM partnered with Spotify to help Alex da Kid find the perfect match for his upcoming single.
Zoho:
How to connect in 60 seconds...  The best sales professionals are always looking for the slightest advantage to help them connect with more clients and close more deals.  —  They focus on small things …
CB Insights:
How Google Plans To Use AI To Reinvent The $3 Trillion US Healthcare Industry  —  In this report we explore Google's many healthcare initiatives and areas of potential future expansion.

Listen to Techmeme's Podcast:

Techmeme Ride Home for Monday, May 21 Subscribe via Apple Podcasts, Google Play, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 6:25 PM ET, January 31, 2018.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Daisuke Wakabayashi / New York Times:

Earlier Picks

Emil Protalinski / VentureBeat:
Bloomberg: