Techmeme
February 14, 2018, 8:00 AM

Top News

Eric Newcomer / Bloomberg:
Uber says Q4 net revenue was $2.22B, up 61% YoY, total value of fares was $11B, UberEats is ~10% of its business, and it lost $4.5B on $7.5B sales in 2017  —  Uber Technologies Inc. had a painful 2017, but the business managed to grow.  —  Adjusted net revenue increased 61 percent in the fourth quarter from the same period in 2016.
Lauren Goode / The Verge:
Fitbit acquires cloud-based software startup Twine Health, which connects patients with health coaches and doctors and had raised ~$10M according to Crunchbase  —  Nearly all Twine Health employees will join Fitbit  —  Fitbit announced today that it has acquired a small …
Sarah Perez / TechCrunch:
Google's Area 120 incubator announces Reply, a project that brings Google's Smart Reply feature to other chat apps, initially available only on Android  —  Smart Reply, the clever A.I.-powered technology that automatically creates responses to your inbound messages, first debuted …
Zac Hall / 9to5Mac:
Apple shareholders meeting recap: wearables business approaching Fortune 300 size, iPhone X has 99% customer satisfaction, Cook “not a fan” of special dividends  —  As scheduled, Apple's annual shareholders meeting took place at Steve Jobs Theater at Apple Park today.
Nick Statt / The Verge:
Skydio, an autonomous drone startup, unveils R1, an AI-powered drone that can shoot 4K video and navigate entirely on its own, flies 16 minutes on single charge  —  This drone can be flown without expertise and doesn't even come with a controller  —  Skydio, an autonomous drone startup based …
Chris Welch / The Verge:
Amazon says it will provide Amazon.com store credit to everyone who paid to remove ads from Prime Exclusive smartphones  —  Last week, Amazon announced that it would stop displaying advertisements and offers on the lock screen of discounted smartphones that the company sells to Prime customers.

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