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Techmeme
February 2, 2018, 8:55 AM
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Top News

Apple:
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  —  Revenue and EPS Hit New All-Time Records  —  Active Installed Base of Devices Reaches 1.3 Billion in January  —  Apple today announced financial results …
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.
Tim Bradshaw / Financial Times:
CFO Luca Maestri says Apple plans to reduce its net cash balance to “approximately zero” following the new US tax law, possibly via M&A, dividends, and buybacks  —  Apple plans to reduce its net cash balance to “approximately zero” following a new US law that will allow …
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.
Jeremy Horwitz / VentureBeat:
Google releases YouTube TV app for Apple TV and select Roku devices for $35/month, bundling over 50 channels with option to separately purchase more  —  As announced with a tease on Twitter, Google has just released an Apple TV client for YouTube TV, providing owners of the fourth-generation Apple TV …
Business Wire:
Amazon beats with Q4 revenue of $60.5B, up 38% YoY; $1.9B net income, up from $749M 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.
Kurt Wagner / Recode:
Sources: HQ Trivia is raising a $15M round led by Peter Thiel's Founders Fund at a $100M+ valuation  —  Founders Fund partner Cyan Banister is leading the round.  —  HQ Trivia, the popular trivia gameshow app, plans to raise money in a new round of financing that values the company north of $100 million …
Abner Li / 9to5Google:
Google rolling out Chrome OS 64 with browser enhancements, a new screenshot shortcut, and ability to enable VPN for Play apps  —  Following updates to Android, Mac, Windows, and Linux last week, version 64 is now rolling out to Chrome OS.  In addition to several browser enhacements …
Shrutika Verma / Livemint:
India's restaurant search and food delivery service Zomato raises $200M from Ant Financial at a pre-money valuation of $880M  —  The funding includes a $50 million secondary share sale by Zomato shareholder Info Edge to Ant Financials, which will dilute its stake in Zomato to about 30.91% post the fresh capital infusion
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 …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 8:55 AM ET, February 2, 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

Gary Baum / The Hollywood Reporter:
A look at the first “case” brought before Objection, which aims to use AI to evaluate news stories, and a Q&A with Objection's founder; the site is now dark

Daniel Arkin / NBC News:
Gene Shalit, a longtime film critic for NBC's Today who was with the show from 1970 until his retirement in 2010, dies at 100

Malcolm Ferguson / New Republic:
60 Minutes correspondent Cecilia Vega was fired while working on a feature on Francesca Albanese, UN special rapporteur on the Palestinian territories

More News

Earlier Picks

Sarah Perez / TechCrunch:
YouTube expands YouTube Go, a lightweight version of its service for emerging markets, to 130+ countries
Ashley Carman / The Verge:
Instagram Stories begins rolling out its “type mode” feature to users, letting them post text-based pages
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