Despite the good news in Twitter’s first quarterly earnings report as a publicly traded company — particularly stronger-than-expected revenue of $243 million and $0.02 earnings per share — the stock was down more than 20 percent in pre-market trading. Just before trading opened, the stock was at $51.40, more than 22 percent below its closing price of $65.97. The reason for the slide seems to be the company’s slow user growth in 2013: an increase of just 30 percent year-over-year. Pre-market shares tend to be more volatile than after the opening bell, but it’s still not looking very pretty.
In its first earnings report as a public company, Twitter reported revenue and profits higher than had been expected, but it’s user base continues to grow slower than company watchers had hoped. Read more »
Longtime Google employee Susan Wojcicki will take over as boss of YouTube, and her skills with ads could be what the platform needs to solve its money woes for creators. Read more »
Microsoft puts a stake in Foursquare’s future, offering the startup $15 million for access to location-award datasets and technology that could help Microsoft compete with Apple and Google in mobile. Read more »
If practically everything about Facebook as a user experience on both desktop and mobile bothers you, then Paper might answer your prayers. Read more »
Alma modernizes school administration software, with help from the cloud. Read more »
ZappRx, a mobile app that manages mobile prescriptions, closed a million-dollar seed round led by Atlas Venture and SR One, the venture arm of GlaxoSmithKline Read more »
Imgur is bringing data to its massive catalog of images, offering brands and pro users to take a peek into traffic for their “viral” content. Read more »
Akamai’s Q3 State of the Internet Report shows a surprising rebound in connectivity in the U.S., motivated by high broadband adoption. Meanwhile, IPv6 uptake remains slow. Read more »
It’s the 30th birthday of the Mac, and Apple has rolled out a website to celebrate. Read more »
Fertility app Glow is expanding to include women who don’t want to get pregnant, using data for prevention instead of conception. Read more »
Despite the hubbub over the revelation that well-known Youtube gaming channel Machinima takes “marketing partnerships” with game companies that essentially amount to paying vloggers to hype up followers about games, and the mounting gray area over whether such a thing is ethical, the FTC told Polygon that it can’t really do anything about it from a legal standpoint.
Apparently because the FTC guidelines are just guidelines, they are unenforceable in a court of law. There is a possibility that the FTC could go after a big player, like Machinima or the game companies it works with, for unsavory practices at some point, but until then, it’s best to stay smart about which media sources you trust.
AOL will acquire interest-based content personalization startup Gravity to help tailor its publication materials. Read more »
Investor Carl Icahn went on the phone with Bloomberg TV and called for eBay Read more »
This neat simulation, developed by the ESA, shows the spacecraft Rosetta’s entire journey to meet its comet — and where it will go after it does. Read more »
Months of tension around the use of San Francisco’s public bus stops by Silicon Valley companies to transport workers finally led to action on Tuesday night, as the San Francisco Municipal Transit Authority (SFMTA) moved forward with its previously outlined plans to charge each bus $1 per stop, according to The Verge.
Reactions to the new rule are mixed at best: many opponents to the shuttles’ presence said that the $1 per stop charge is not enough to offset the delays private companies cause public busses, while Silicon Valley employees suggested that other conditions could push them to drive cars. Something tells me that this is far from over.
Chris Poole’s big post-4chan startup, DrawQuest, is shutting down, and his fair, graceful blog post should be required reading for all startup CEOs. Read more »
To say December wasn’t a pretty month for Yahoo would be quite the understatement. Between its protracted troubles with its Mail client and hiccups with services like Flickr, Yahoo was on PR clean-up to keep users happy. But, apparently its users just don’t know how to quit it, as ComScore revealed Tuesday that Yahoo remained the most trafficked website for December 2013 for desktop PCs in the U.S., barely edging out Google. While the desktop-only caveat is not to be ignored — it signals an older age bracket and doesn’t reveal Yahoo’s standing on mobile — Yahoo’s still entrenched in long-term user loyalty, for better or for worse.
Analysis of social media activity between Q2 and Q4 of 2013 show that Instagram and mobile are growing rapidly, but Facebook rules the roost — and teens aren’t really leaving it quite yet. Social media diversity, it seems, is key. Read more »
When your big console is a bust, where do you go? Nintendo is answering some hard questions after the Wii U flopped last year. Read more »
Ars Technica revealed a report that showed Microsoft had an “astroturfing” deal with Youtube gaming empire Machinima. What does it all mean for gaming journalism ethics? Read more »
On the eve of his 40th birthday, Mega creator Kim Dotcom gives a taste of his new music operation, Baboom. Read more »
ABC’s brutal restriction of next-day online episodes to cable customers and Hulu Plus subscribers only may have led cord-cutters to turn to pirated content sites. Read more »
Michael Sippey, Twitter’s VP of Products, announced on Friday that he would be stepping down to an advisory role at the company. “Over the past few weeks I’ve talked with Dick and Ali about what I want next in my career, and what Twitter needs at this stage of its life,” Sippey said. “And I’ve decided that it’s time for me to move on.”
Blueprint Health’s Winter 2014 class offers enhanced communication and efficiency for everyday tasks at hospitals, clinics and care facilities. Read more »
The Wii U is a flounder, forcing creator Nintendo to slash sales and take a loss on the console for the third year in a row. Read more »
A study of 9 million words and phrases within fundraisers on Kickstarter says that there are words that will get you ahead — and ones that lead to a dead end. Read more »
Education startup Curious released its first app today for iOS, focusing on its small, skill-focused courses. Read more »
Game video and live streaming service Twitch’s year in review shows staggering numbers for the platform, including the user base on Sony’s PlayStation console doubling in just one month. Read more »
Rumor has it that Windows 9 will be announced soon, but it’s got some big decisions to make if it wants to be any better than Windows 8. Read more »
Ed-tech marketplace Udemy is expanding its reach with a new Android app, available today. Read more »
Offering a library of books for $9.95 per month, Oyster will get an expansion thanks to a big influx of cash. Read more »
Users will now be able to hook up their Oculus Rift to their Steam Client to enjoy VR games. Read more »
After eight years on the job, Automattic CEO Toni Schneider will switch positions with founder Matt Mullenweg. Read more »
Apple’s sales of the iPhone continue to do very well domestically, with the iPhone 5s and iPhone 5c boasting record numbers last year, but the Cupertino company struggles to bring its products to countries that are just now embracing smartphones. A feature in the New York Times on Sunday showed the intricacies of Apple’s iPhone sales in India, employing monthly plans and special discount deals to sell phones — key in an area where incomes can be just a few hundred a month. It’s a good glimpse into the brand’s attempt to crack developing markets and gain crucial users.
Target’s massive data breach, which occurred in mid-December of last year, has affected millions of customers, but the company has remained quiet about how personal and financial information was leaked. But CEO Gregg Steinhafel’s interview with CNBC yesterday finally shed some light on the attack, and it’s not pretty: the information was lifted via malware distributed directly through Target’s point-of-sale systems, and the company waited four days before disclosing the attack. That’s probably not very reassuring to the 110 million customers potentially affected by the attack.
In case you weren’t already convinced, Nintendo has a favorite console, and that would be its successful 3DS line of mobile handhelds. In a press release on Friday, the Japanese company boasted that more than 11.5 million units of the 3DS console line (including the 3DS XL and the 2DS) have sold in the U.S. alone since its release in 2011. In addition, the company sold roughly 16 million units of software — both physical and digital — for the year 2013. It’s definitely a positive note for Nintendo, if a bit glossy: Despite extolling the virtues of the 3DS, the still-struggling Wii U was not mentioned at all.
The university is launching a flagship course for a new professional-focused online program. Read more »
Target’s data breach will not quit — personal information like email addresses and phone numbers were also lifted in the December attack. Read more »
Apple is swelling with potential to heat up the gaming world, but it relies on products out of its hands. Read more »