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February 1, 2018, 5:10 AM
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| 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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Facebook: Mark Zuckerberg. Tweets: @shiraovide, @shiraovide, @dseetharaman, @sarafischer, @kantrowitz, @jason_kint, @recode, @shiraovide, @joshconstine, @joshconstine, @shiraovide, @joshconstine, @natjarv, @lexnfx, @shiraovide, @shiraovide, @mattrosoff, @jank0, @lexnfx, @lexnfx, @lexnfx, @lexnfx, @kurtwagner8, @lexnfx, @jguynn, @kurtwagner8, @carnage4life, @anthony, @kantrowitz, @business, @recode, @jonerlichman, @caseynewton, @jonerlichman, and @carnage4life
| Recode: |
Facebook's daily active user base in the US and Canada fell for the first time ever in Q4, dropping from 185M to 184M in the previous quarter — It was a small but negative change to daily active users in Facebook's most valuable market. — Here's a troubling data point if you're a Facebook investor …
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Recode, The Register, Business Insider, Fortune, CNBC, and New York Times. Tweets: @kurtwagner8
| 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 — 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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Engadget, Business Insider, Recode, Gizmodo, VentureBeat, AdExchanger, CNBC, Axios, The Verge, and Wall Street Journal
Tweets: @cnbc, @jandawson, and @ranimolla
| 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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Tweets: @jeffgrubb, @markrussinovich, @fxshaw, @sai, @maryjofoley, @mehedih_, and @greene
| Jason Del Rey / Recode: |
eBay says it will stop using PayPal for its backend payments service by 2020, will work with Amsterdam-based payments company Adyen instead; PYPL down 8%+ — The shopping marketplace will instead begin working with Amsterdam-based Adyen. — One of the tech industry's most storied partnerships is coming to an end.
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eBay Newsroom, VentureBeat, CNNMoney, CNBC, Gizmodo, MediaNama, Wall Street Journal, PYMNTS.com, and Engadget
| Nathaniel Popper / New York Times: |
Concerns grow that Bitcoin's price is being propped up by Bitfinex, the widely-used and shadowy exchange subpoenaed in December by the US CFTC — A growing number of virtual currency investors are worried that the prices of Bitcoin and other digital tokens have been artificially propped …
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tetherreport.com, Wired, Tony Arcieri, Business Insider, Bitfinex'ed, Coingeek, Mashable, Bitfinex'ed, and Bloomberg
Tweets: @bryceweiner, @nathanielpopper, @wired, @cburniske, @ncweaver, @super_crypto, and @nouriel
| 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.| Todd Spangler / Variety: |
Pandora announces restructuring, shifting resources to ad tech and audience development, cutting workforce by 5% to save $45M annually, will expand in Atlanta — Pandora is pink-slipping about 5% of its workforce, a move the streaming-music company said will help it save $45 million annually.
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TechCrunch, snl.com, RAIN News, MediaPost, Radio & Television …, Business Insider, AdExchanger, and MarketWatch. Tweets: @conorsen
| 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, @kcoxdc, @jessefelder, @thestalwart, @josheidelson, @shiraovide, @alex, and @sarahfrier
| Eugene Kim / CNBC: |
Qualcomm reports Q1 revenue of $6.04B, up 1% YoY, $6B tax reform charge, and 96% YoY operating profit decline as Apple and others withheld royalty payments — - Qualcomm reported adjusted earnings of 98 cents per share and revenue of $6 billion, beating street estimates of 91 cents per share and $5.93 billion in revenue.
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ZDNet, Reuters, Qualcomm Investor Relations, and Axios
| 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 … | 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 …
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AT&T, 9to5Mac, Engadget, Wall Street Journal, MacRumors, The Register, FierceWireless, ZDNet, Axios, The Wrap, and Reuters
| Alex Kantrowitz / BuzzFeed: |
Twitter now says 1.4M+ US users interacted with tweets from Russia-linked accounts during 2016 election, up from 670K previously announced, has notified them — Twitter on Wednesday said it notified 1.4 million people in the US that they engaged with Kremlin-linked troll accounts during the 2016 US election.Sponsor Posts
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