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Techmeme
February 1, 2018, 5:55 PM
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Top News

Business Wire:
Apple Q1: 77.3M iPhones, down 1% YoY, with $796 ASP; 13.2M iPads, up 1% YoY; 5.1M Macs, down 5% YoY; $8.5B services revenue, up 18% YoY; stock up 2%+  —  CUPERTINO, Calif.—(BUSINESS WIRE)—Apple® today announced financial results for its fiscal 2018 first quarter ended December 30, 2017.
Zac Hall / 9to5Mac:
Apple reports Q1 revenue of $88.3B, up 13% YoY; $20.1B net income, up from $17.89B YoY; China revenue of $17.96B, up 11% YoY; Q2 revenue guidance of $60B-$62B  —  After forecasting a record quarter with revenue between $84 billion and $87 billion, Apple has just reported its quarterly results for the last three months of 2017.
Alphabet Investor Relations:
Alphabet Q4 revenue $32.3B, up 24% YoY, net loss of $3B due to $9.9B tax charge; Google ad revenue $27.2B; Other Bets revenue $409M, operating loss $916M  —  MOUNTAIN VIEW, Calif. - February 1, 2018 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter and fiscal year ended December 31, 2017.
Business Wire:
Amazon beats with Q4 revenue of $60.5B, up 38% YoY; $1.9B net income, up from $749M YoY; other revenue of $1.74B, up 60% YoY; ~$789M benefit from new tax law  —  SEATTLE—(BUSINESS WIRE)—Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its fourth quarter ended December 31, 2017.
Deirdre Bosa / CNBC:
CEO Brian Chesky says Airbnb will not go public in 2018; CFO Laurence Tosi is stepping down to focus on his investment fund; Belinda Johnson becomes first COO  —  Airbnb is losing its Wall Street-savvy CFO, getting its first COO and ruling out going public in 2018, delaying any payout …
David Katzmaier / CNET:
YouTube TV is now available on select Roku devices for $35/month; YouTube says the service is coming to Apple TV “very soon”  —  YouTube's $35-per-month alternative to cable TV is now on the most popular streaming platform.  —  Just in time for the big game, the Winter Olympics …
Sarah Perez / TechCrunch:
YouTube expands YouTube Go, a lightweight version of its service for emerging markets, to 130+ countries  —  YouTube Go, a mobile version of YouTube built for emerging markets with features like offline viewing and nearby sharing, is today expanding to over 130 countries worldwide.
Wall Street Journal:
Sources: Alphabet and state-owned oil giant Aramco are in talks to jointly build data centers and a large tech hub in Saudi Arabia  —  Saudi Arabia's state-owned oil giant and Google parent Alphabet Inc., two of the world's biggest companies, are in talks about jointly building …
Ashley Carman / The Verge:
Instagram Stories begins rolling out its “type mode” feature to users, letting them post text-based pages  —  Not so photogenic  —  Instagram's newest Stories feature doesn't feel much like Instagram.  The platform's new “type mode,” which starts rolling out today …
Julia Alexander / Polygon:
Nintendo confirms Switch Online will launch in September for $3.99/month and Mario Kart Tour will come to smartphones by March 2019  —  Company confirms Nintendo Switch Online launches this fall  —  Mario Kart Tour is the next Nintendo mobile game heading to smartphones.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 5:55 PM ET, February 1, 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.

From Mediagazer

Wall Street Journal:
MGM Resorts says talks with People Incorporated are over, after each weighed buying the other; MGM amended its voting deal with People, which owns ~27% of MGM

Mark Stenberg / Adweek:
A source and internal figures: Condé Nast forecasts $130M in Q4 US advertising, $35M+ below its goal; Condé Nast says the figures are “materially inaccurate”

A.J. Katz / The Wrap:
Memo: MS NOW hires former CNN chief legal affairs correspondent Paula Reid as its chief White House reporter

More News

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
Reuters:
India says it does not consider cryptocurrencies legal tender and will eliminate their use for payments, but would explore use of blockchain technology

Earlier Picks

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
Bob Egelko / San Francisco Chronicle:
Federal appeals court rules Twitter not legally responsible for two American deaths in ISIS-linked attack, says ISIS' Twitter use not directly linked to attack
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
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
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
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