Techmeme
February 1, 2018, 1:45 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.
Richard Nieva / CNET:
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%
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 …
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.
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 …
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.
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 …
Reuters:
Lenovo reports Q3 $289M net loss, recorded $400M charge due to US tax reform; core PC and smart devices business group posted 8% rise in revenue to $9.25B  —  HONG KONG (Reuters) - Chinese personal computer maker Lenovo Group reported a quarterly loss of $289 million on Thursday …

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Earlier Picks

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Jon Russell / TechCrunch:
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