posted 4 days ago on techmeme
Katie Roof / TechCrunch: eBay beats expectations with Q1 revenue of $2.1B, up 4% YoY; with StubHub revenue of $177M up 34% YoY on growth in sports and concert tickets  —  eBay shares rise 5% after beating earnings expectations  —  eBay surpassed first quarter earnings expectations when it reported after the bell on Tuesday.

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Alex Webb / Bloomberg: Apple misses with Q2 revenue of $50.6B, down from $58B last year; net income down to $10.5B; 51.2M iPhones sold; sees Q3 sales drop to $41B-$43B; stock down 6%+  —  Apple Forecasts Another Sales Decline as iPhone Demand Cools  —  Apple Inc. posted its first quarterly revenue drop …

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Business Wire: Apple Reports Second Quarter Results  —  Capital Return Program Expanding to $250 Billion  —  CUPERTINO, Calif.—(BUSINESS WIRE)—Apple® today announced financial results for its fiscal 2016 second quarter ended March 26, 2016.  The Company posted quarterly revenue of $50.6 billion …

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Ingrid Lunden / TechCrunch: Twitter reports mixed Q1 on sales of $595M revenue, up 36% YoY but less than $608M expected, 310 MAUs, up 3% YoY; stock down over 9% after hours  —  Twitter's woes continue on Q1 sales of $595M, a sluggish 310M MAUs and weak guidance  —  Social media platform Twitter reported its Q1 earnings today, and they're not great.

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posted 4 days ago on techmeme
Twitter: Twitter Q1 2016 Shareholder Letter  —  Total revenue in the first quarter reached $595 million, up 36% year-over-year, with 30% adjusted EBITDA margin.  We saw a return to sequential growth in monthly active usage, driven by seasonality and marketing initiatives.

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Emma Brown / Washington Post: Top tech leaders, with 27 governors, urge Congress to boost computer science education, announce private donations of $48M, of which $23M will go to Code.org  —  Top business leaders, 27 governors, urge Congress to boost computer science education  —  Leaders of dozens of the nation's top businesses …

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Jim Finkle / Reuters: Interbank messaging platform SWIFT warns customers of multiple cyber fraud cases, saying the Bangladesh Bank hack was not an isolated incident  —  Exclusive: SWIFT warns customers of multiple cyber fraud cases  —  SWIFT, the global financial network that banks use to transfer billions of dollars every day …

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Devlin Barrett / Wall Street Journal: Sources: FBI plans to keep iPhone-hacking method secret, will discourage White House from beginning internal review of whether it should be disclosed to Apple  —  FBI Plans to Keep Apple iPhone-Hacking Method Secret  —  Move would likely keep Apple in the dark about security weakness

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Adi Robertson / The Verge: HTC launches Vive X, a $100M VR startup accelerator, in Beijing, Taipei, and San Francisco  —  HTC launches $100 million VR startup accelerator  —  HTC is launching a $100 million accelerator program for startups that want to use its VR technology.  The program, called Vive X …

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Charlie Warzel / BuzzFeed: Unicode Consortium internal emails reveal emerging tension over resources going toward development of emoji instead of supporting obscure or minority languages  —  Inside “Emojigeddon”: The Fight Over The Future Of The Unicode Consortium  —  There's trouble afoot inside the Emoji Council of Elders …

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Anthony Ha / TechCrunch: YouTube debuts non-skippable, 6-second Bumper ad unit, to complement existing ad formats  —  YouTube introduces six-second Bumper ads  —  YouTube announced a new ad format today that's all about brevity.  —  In a blog post, Product Manager Zach Lupei said YouTube has been exploring formats …

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Aaron Tilley / Forbes: Hover Camera, a foldable drone, follows you automatically, with 13MP camera for 4K video, ships in summer for less than $600  —  Hover Camera Is A Self-Flying Drone That Doesn't Look Like Anything You've Seen Before  —  Hover Camera's creator, Meng Qiu “MQ” Wang, pulls out a small …

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Frederic Lardinois / TechCrunch: YouTube brings a new homepage with improved recommendations to its iOS and Android apps  —  Next time you open the YouTube app on your iOS or Android phone, you'll be greeted by a new homepage experience.  —  Before, YouTube would show you a list of recommended items with small thumbnails …

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Jordan Novet / VentureBeat: Dropbox previews Project Infinite, which will show files locally but store them remotely; no launch timeline or pricing set  —  Dropbox's Project Infinite shows all company files locally but stores them remotely  —  Cloud file syncing and sharing software company Dropbox today is announcing …

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Gerry Smith / Bloomberg: Turner to launch ad-free subscription streaming video service, FilmStruck, this fall, to be managed by TCM and the Criterion Collection; price not yet finalized  —  Time Warner's Turner Appeals to Film Nerds With Web-Only Service  —  Ad-free FilmStruck will be managed by Turner Classic Movies

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Zac Hall / 9to5Mac: Microsoft releases Skype for Business Mac Preview with Outlook calendar integration today, plans to add instant messaging, telephony, and more this summer  —  Microsoft introducing Skype for Business Mac Preview w/ Outlook calendar integration  —  Microsoft is getting serious with the Mac today …

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David Shepardson / Reuters: Google, Ford, Volvo, Uber, and Lyft join coalition to push federal action to help speed self-driving cars to market  —  Google, Ford, Uber join coalition to further self-driving cars  —  Alphabet Inc's Google unit (GOOGL.O), Ford Motor Co (F.N), the ride-sharing service Uber [UBER.UL] …

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Juli Clover / MacRumors: Apple's Upgrade Program Now Available for iPhones Purchased Through Online Store  —  With the launch of the iPhone 6s and 6s Plus, Apple introduced an iPhone Upgrade Program in the U.S. designed to let Apple customers pay a monthly installment fee for a new iPhone and trade it in after 12 months …

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Pete Rizzo / CoinDesk: Japanese bitcoin exchange bitFlyer raises $27M Series C, led by SBI Investment and Venture Labo Investment  —  SBI Leads Japanese Bitcoin Exchange's $27 Million Series C  —  Japan-based bitcoin exchange bitFlyer has raised ¥3bn, or just shy of $27m, in a Series C funding round led …

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posted 5 days ago on techmeme
Andrew Cunningham / Ars Technica: 2016 MacBook review: Marginally better CPU, GPU and much better SSD than previous version, but expensive for features and performance it provides  —  Review: The 2016 Retina MacBook is a faster version of the same machine  —  Improved CPUs, GPUs, and SSDs are all welcome, but the core compromises remain.

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Dan Frommer / Re/code: Apple is about to post its first quarterly revenue decline since 2003  —  Apple's incredible growth streak is expected to officially come to an end today, April 26, when the company reports its second-quarter results after the market close.  (Join us for analysis beginning at 4 pm ET, 1 pm PT.)

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Paul Sawers / VentureBeat: Nokia enters the digital health realm with $192 million acquisition of France's Withings  —  Nokia has today announced that it is acquiring Withings, the company behind a range of connected health products, including watches, fitness bands, sleep-trackers, thermometers, and scales.

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Katie Roof / TechCrunch: Leaked Postmates financials show gross margins above 20%, doubling of revenues in six months ending Q1 2016  —  Leaked Postmates financials suggest company might be doing better than everyone thought  —  Postmates, the delivery app, has almost become the poster child for struggling on-demand businesses.

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James Risley / GeekWire: Adobe announces new Document Cloud integrations with Box and Microsoft OneDrive  —  Adobe partners with Box, Microsoft for enterprise cloud integration  —  Box is currently storing more than 2 billion PDFs in the cloud, but before today, Adobe users needed to jump through hoops to get at those files.

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Kane Wu / Wall Street Journal: Alibaba affiliate Ant Financial closes the world's largest private fundraising round for an Internet company at $4.5B, giving it a roughly $60B valuation  —  Alibaba Affiliate Ant Financial Raises $4.5 Billion in World's Largest Private Tech Funding Round  —  China's Ant Financial raises fresh funds at a roughly $60 billion valuation

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