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Facebook's Slowing User Growth And Weak WhatsApp Revenue Send Shares Down 9%
Oct 28, 10:28PM
Wall Street wants growth, or else. Twitter reported slow growth of 4.8 percent yesterday down from 6.3 percent last quarter and got hammered with a 9.8 percent share price drop today. And now, Facebook’s growth slowed from 3.125 percent last quarter to 2.27 percent this quarter, and now $FB is down 9.76 percent in after-hours trading. Meanwhile, Facebook broke out financials of its… Read MoreCode School Brings Its Instructional Videos For Developers To iOS
Oct 28, 9:28PM
Code School, the online learning destination that grew out of founder Gregg Pollack’s longtime efforts in creating and sharing technical content with a developer audience, has now made the leap to mobile. With the new iOS application, developers can watch Code School’s over 300 instructional videos covering JavaScript, HTML/CSS, Ruby, iOS and Git as well as other popular… Read MoreWhatsApp's First Half Of 2014 Revenue Was $15M, Net Loss Of $232.5M Was Mostly Issuing Stock
Oct 28, 9:11PM
Facebook disclosed financials of its $22 billion acquisition of WhatsApp for the first time today, and it looks like the 600 million user messaging app’s revenue is still small. In the six months ending June 30, 2014, WhatsApp brought in $15.921 million in revenue, but had a net loss of $232.5 million. However, $206.5 million of that loss was for share-based compensation expenses and… Read MoreApple Closes At New All-Time High Of $106.74
Oct 28, 8:55PM
Slight amendment: Apple closed today at an all-time split-adjusted high. The company traded for a higher per-share price before its split, but today marks Apple’s highest close since its 7:1 share exchange. The company traded in the low 90s following the split, putting its current value up more than 10 percent since the division. Apple ended today worth $618.97 billion, according to… Read MoreFacebook Beats In Q3 With $3.2B Revenue, User Growth Up A Slower 2.27% QOQ To 1.35B
Oct 28, 8:06PM
For the ninth consecutive quarter, Facebook beat earnings projections thanks to 1.12 billion mobile users contributing 66 percent of its ad revenue. Facebook racked up $3.203 billion in revenue with a $0.43 EPS in Q3 2014. Total user count grew 2.27 percent to 1.35 billion monthly users, but that’s slower than its 3.125 percecnt user growth in Q2. Read MoreChina's Chukong Partners With Facebook, Mobile Startups To Offer Developers A Full Suite of Support
Oct 28, 7:37PM
While giants like Facebook and Twitter try to package their acquisitions like crash-testing service Crashlytics or mobile-backend-as-a-service Parse into a suite of services that will entice app makers into their fold, gaming companies are doing the exact same thing for their communities. China’s Chukong has added Facebook support for its Cocos2d-x game engine and partnered with a slew… Read MoreSeen.co Secures $1.25M From Horizons Ventures And KEC To Capture Live Social Events
Oct 28, 7:37PM
As a graduate of The New York Times Company’s “timeSpace” accelerator, New York startup Seen has been plying its wares since 2012, when capturing real-time events via social media was still relatively new and chaotic. They pitched it as a space in between Twitter and Google News. A number of competitors have arisen to also have a go at this area. Rebelmouse came out the same… Read MoreHands On With The Motorola Droid Turbo From Verizon
Oct 28, 7:19PM
The latest Droid device is fully unveiled, and it’s truly a beast of a device. The most prominent and highlighted feature of the phone, it’s ability to charge quickly and last for up to 48 hours, is hard to test properly in a matter of hours. However, the look, feel, and general build of the device is already making an impression on me. Read MoreGoogle[x] Reveals Nano Pill To Seek Out Cancerous Cells
Oct 28, 7:07PM
Detecting cancer could be as easy as popping a pill in the near future. Google’s head of life sciences, Andrew Conrad, took to the stage at the Wall Street Journal Digital conference to reveal that the tech giant’s secretive Google[x] lab has been working on a wearable device that couples with nanotechnology to detect disease within the body. “We’re passionate about… Read MoreApple VP Greg Joswiak On iPhone 6 Plus Sales, iOS 8 Bugs, And Apple's Watch
Oct 28, 7:06PM
In a panel led by Ina Fried and Walt Mossberg at Recode’s Code/Mobile conference, Greg Joswiak opened with a brief explanation of his role as VP of iPhone, iPod, and iOS Product Marketing. Read MoreThe FTC Sues AT&T Over 'Unlimited' Data Claims
Oct 28, 6:36PM
The Federal Trade Commission (FTC) is suing AT&T for having “misled” millions of customers who purchase “unlimited” data plans for their phones, only to have the carrier later drastically reduce the amount of information they could access. According to the FTC’s complaint, AT&T throttled millions of customers tens of millions of times, sometimes after… Read MoreTumblr Rolls Out Auto-Playing Video Ads To Users' Dashboards
Oct 28, 6:04PM
Tumblr’s auto-playing video ads will begin rolling out to users’ dashboards today, in a pilot program that includes participation from ten big-name brands such as CW, Lexus, Universal, JCPenney, and Hulu, and others. The video ad test follows last week’s news of an updated video player offering auto-play capabilities, and looping, “Vine-like” videos. The new brand… Read MoreMatomy Media Acquires Austrian Mobile Ad Platform MobFox For $17.6M
Oct 28, 5:52PM
In a move to increase its mobile capabilities, Israel’s Matomy Media Group is to acquire Austrian mobile-advertising specialist MobFox for $17.6 million in cash and shares ($10.1 million in cash and $7.5 million respectively). Read More
Why Is Kim Kardashian At A Tech Conference?!
Oct 28, 5:40PM
Because she is co-creator of one of the most popular apps of 2014. Because she is poised to make $200 million in cold hard cash from a mobile app this year. Because at $700K a day in earnings just from the app, she is still more successful than most startup founders, at least from a revenue standpoint. Read MoreEMC Frantically Pivots To The Cloud
Oct 28, 5:16PM
EMC announced some big changes today including the purchase of three cloud companies, a new hybrid cloud product and a reorganization designed to emphasize the cloud. For those of you who don’t speak technology-buzzword English, the Hybrid Cloud is an approach where some of your computing is done in an on-premises data center and some is delivered by a public cloud provider such as… Read MoreYouTube Introduces WatchMe For Android To Bring Live Broadcasting Capabilities To Apps
Oct 28, 5:00PM
YouTube is bringing its live broadcasting capabilities to the world of third-party app developers starting today with the launch of the new open source project called “YouTube WatchMe for Android.” The project, available on GitHub, offers a reference app designed for the Android operating system that creates a YouTube Live Streaming Event. The app also introduces a simple… Read MoreW3C Declares HTML5 Standard Complete
Oct 28, 5:00PM
More than four years ago, Steve Jobs declared war on Flash and heralded HTML5 as the way to go. You could be forgiven if you thought the HTML5 standard — the follow-up to 1997’s HTML 4 — has long been set in stone, given that developers, browser vendors and the press have been talking about it for years now. In reality, however, HTML5 was still in flux — until today.… Read MoreWranx Applies Spaced Repetition To B2B Learning
Oct 28, 4:57PM
U.K. startup Wranx is applying a learning technique called spaced repetition to the b2b space to help businesses train their staff more effectively. Read MoreThe US Breeds The Most Unicorns, But The Rest Of The World Is Catching Up
Oct 28, 4:55PM
Most startups that achieved a $1 billion valuation in the past decade came from outside Silicon Valley, according to research from London-based VC Atomico, the VC fund created by by Skype co-founder Niklas Zennström. Atomico looked at 136 companies that reached the billion-dollar mark after an IPO, sale or publicly-declared funding round over the past 10 years. It found 61% of these… Read MoreSingldOut Raises $600K Seed Round To Get Science And Romance On The Same Page
Oct 28, 4:54PM
SingldOut, the platform that uses genetic chemistry to determine a romantic match, has just announced that it has closed a $600k seed round. The round lends much more credibility to the formerly bootstrapped company, which is taking a markedly different and perhaps less understood approach to the dating space. Read MoreIf at any time you'd like to stop receiving these messages, just send an email to feeds_feedburner_com_techcrunch+unsubscribe-hmdtechnology=gmail.com@mail.feed2email.net.
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