Techmeme
February 1, 2018, 10:15 AM

Top News

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.
Recode:
Facebook's daily active user base in the US and Canada fell for the first time ever in Q4, dropping to 184M from 185M in Q3  —  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 …
Richard Nieva / CNET:
Jason Del Rey / Recode:
eBay says it will stop using PayPal for its backend payments service by 2020, will work with Amsterdam-based Adyen instead; PayPal stock 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.
Natasha Lomas / TechCrunch:
Apple pulls Telegram apps from the App Store for inappropriate content; founder Durov expects both apps to return once protections are in place  —  The Telegram messaging apps appear to have breached Apple's App Store guidelines and are currently unavailable for download on iOS. 9to5Mac spotted …
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 …
Katherine Bindley / Wall Street Journal:
Instagram's Facebook-style recommendations and notifications and an uptick in the number of ads in feeds are making the service more annoying to use  —  Why does Instagram want to be so much like its big brother at a time when the pre-eminent social network is drawing so much criticism?
Sarah Frier / Bloomberg:
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%
Miranda Katz / Wired:
Podcasters first look at Apple's Podcast Analytics data shows listeners are highly engaged, with many listening to 80-90% of shows, and prefer longer formats  —  The public radio producer had started a podcast as a side project in early 2017, and the exploration of her experience …
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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Featured Podcasts

Hard Fork:
OpenAI Calls a 'Code Red' + Which Model Should I Use? + The Hard Fork Review of Slop
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
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Is Roblox making the internet better or worse? We asked the CEO
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Lenny's Podcast:
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Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
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Great Chat:
Code red: our favorite tech rivalries
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Big Technology Podcast:
How An AI Model Learned To Be Bad — With Evan Hubinger And Monte MacDiarmid
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More News

Valentina Zarya / Fortune:
CNBC:

Earlier Picks

Daisuke Wakabayashi / New York Times:
Evelyn Cheng / CNBC:
Paul Sawers / VentureBeat: