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Shona Ghosh / Business Insider:
UK government says it'll charge a 20% tax on companies' earnings that are held offshore from April 2019, a move widely seen to be aimed at tech companies   —  - The Treasury is cracking down on big tech firms like Amazon, Facebook, Google, and Apple that shift UK profits offshore to minimise their tax bills.
Nov 22, 2017, 4:35 PMIn context
Kif Leswing / Business Insider:
How Apple is redesigning the Genius Bar as “Genius Grove” to ease strain on Geniuses, serve customers faster, and alleviate overcrowding in its stores   —  - Apple stores have become overcrowded in recent years as the company has become more popular and successful.
Nov 19, 2017, 5:05 AMIn context
Tom Turula / Business Insider:
Spotify announces it has acquired Soundtrap, a collaborative online music recording startup, reportedly for at least $30M   —  Spotify is buying Swedish music tech startup Soundtrap for an undisclosed amount.  —  Soundtrap is a collaborative online recording studio that was valued at $25 million (SEK 207 million) last year.
Nov 17, 2017, 12:15 PMIn context
Becky Peterson / Business Insider:
Cisco reports Q1 revenue of $12.14B, down 2% YoY, beating $12.11B estimate, as net income grows 3% YoY to $2.4B   —  Cisco's stock shot up 4% in after-hours trading Wednesday after the company announced the end of its multi-quarter decline.  The stock hung around $35.40 in after hours trading, after closing at $34.11.
Nov 15, 2017, 4:43 PMIn context
Nathan McAlone / Business Insider:
A&E, Scripps, Discovery, AMC, and Viacom invest $25M in Philo, a new streaming service with programming from 35+ cable TV channels and 30-day DVR, for $16/month   —  - Philo has launched a $16-a-month internet TV package with programming partners like A+E, AMC, Discovery, Scripps, and Viacom.
Nov 14, 2017, 2:25 PMIn context
Alex Heath / Business Insider:
Source: Snapchat redesign coming Dec. 4, app will still open to camera, all friend-based comms move to left, all crowdsourced, partner, celeb stories to right   —  - Snapchat's biggest redesign ever is planned to debut on December 4, Business Insider has learned.
Nov 8, 2017, 6:55 PMIn context
Alex Heath / Business Insider:
Snap reports Q3 revenue of $207.9M, up 62% YoY, vs. $235.5M est., as DAUs grew 17% YoY or 3% QoQ to 178M   —  Snap CEO Evan Spiegel.  —  Snap Inc. will report its third-quarter earnings after the closing bell on Tuesday.  —  The primary question for investors is whether the young public company …
Nov 7, 2017, 4:27 PMIn context
Alex Heath / Business Insider:
Facebook says 10% or ~207M accounts are estimated to be duplicates, up from 6% and fake accounts total ~60M, up to 2-3% from 1%, as detection methods improve   —  - Facebook quietly increased its number of estimated duplicate accounts from 6% to 10%.  — Estimated fake accounts were raised to 2-3% from 1%.
Nov 1, 2017, 10:40 PMIn context
Troy Wolverton / Business Insider:
Waymo gives journalists showcase of its autonomous Chrysler vans at its Castle test ground, highlighting progress and hurdles   —  - Waymo, Google's self-driving car spinoff, showed off its technology to reporters on Monday at its California testing facility.
Oct 31, 2017, 10:00 AMIn context
Kif Leswing / Business Insider:
Support for third-party developers on Apple's HomePod is limited to messaging, lists, and notes via Siri, shutting out services like Spotify and Uber   —  - Apple's smart speaker, HomePod, will go on sale in December for $349.  People will use it by talking to it.
Oct 30, 2017, 8:30 PMIn context

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