Techmeme

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Jacob Pramuk / CNBC:
HP Enterprise announces spinoff of its enterprise services unit, which will merge with CSC, meets Q2 expectations with $12.71B in sales; stock up 8%+   —  Hewlett Packard Enterprise on Tuesday reported earnings that met Wall Street's expectations and announced a spin-off of its enterprise services unit …
May 24, 2016, 4:50 PMIn context
Ari Levy / CNBC:
Kleiner Perkins raising close to $1.3 billion for two funds: Sources   —  Kleiner Perkins Caufield & Byers, the venture capital firm that last year defended itself against an explosive sexual discrimination lawsuit, is raising two funds totaling close to $1.3 billion, according to sources familiar with the matter.
May 23, 2016, 11:15 AMIn context
Christine Wang / CNBC:
Square beats revenue estimates with $379M as gross payment volume rises 45% YoY to $10.3B; firm posts larger than expected loss but raises 2016 guidance   —  Square posts quarterly loss, but raises guidance  —  Square is posted another loss after the bell Thursday in its second quarterly report since going public.
May 5, 2016, 4:45 PMIn context
Jacob Pramuk / CNBC:
Carl Icahn announces he sold all of his Apple shares, says China's attitude towards Apple affected his decision   —  Icahn: We're out of Apple, and it's China's fault  —  Carl Icahn, Chairman of Icahn Enterprises, talks about his view on Apple. … Billionaire investor Carl Icahn has sold …
Apr 28, 2016, 2:30 PMIn context
Everett Rosenfeld / CNBC:
Yahoo reports Q1 revenue of $1.087B, slightly higher than expectations but still down 12% YoY   —  Yahoo revenue and profits decline, clear lowered bar  —  Yahoo announced earnings and revenue Tuesday that slightly topped analyst estimates, but acknowledged that a “top priority” for shareholders could involve a corporate sale.
Apr 19, 2016, 5:10 PMIn context
Michelle Castillo / CNBC:
Yahoo's head of media, Martha Nelson, says the company is building on its strengths in sports and finance verticals   —  How Yahoo is trying to save its media business  —  Amid the layoffs, Yahoo's executives insist that the paring down of its media properties is all part of a master plan.
Apr 7, 2016, 1:00 AMIn context
Michelle Castillo / CNBC:
Sources: NFL selected Twitter because it felt Facebook undervalued content rights, has poor monetization model   —  Sources: Bad blood between NFL, Facebook led to Twitter deal  —  Twitter's surprising deal to stream NFL games may have been the result of a dispute between the sports league …
Apr 7, 2016, 12:15 AMIn context
Jacob Pramuk / CNBC:
In new filing, DOJ accuses Apple of raising tech barriers that prevent execution of warrant; Apple calls DOJ “desperate”, plans to reply by March 15   —  DOJ: Apple ‘deliberately’ made hurdles to FBI probe  —  The Justice Department on Thursday filed its latest response to Apple …
Mar 10, 2016, 4:25 PMIn context
Everett Rosenfeld / CNBC:
HP quarterly desktop PC unit sales down 13% YoY, notebooks down 8%, net revenue down 12% YoY to $12.25B   —  HP earnings fall on ‘tough’ PC and printer markets  —  HP Inc. reported quarterly earnings that met analysts' expectations on Wednesday, but revenues in its printing …
Feb 24, 2016, 5:10 PMIn context
Jacob Pramuk / CNBC:
Fitbit beats estimates with EPS of $0.35 vs $0.25 expected, quarterly unit sales up to 8.2M from 5.3M; shares drop over 14% after hours on quarterly guidance   —  Fitbit shares plunge 15% on guidance despite beat  —  CNBC's Seema Mody reports on Fitbit quarterly results.
Feb 22, 2016, 5:00 PMIn context

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