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Alphabet reports a strong third quarter despite free-falling advertising values

27 October, by Matthew Lynley[ —]
Alphabet CEO Larry Page speaks at the Fortune Global Forum in San Francisco, Monday, Nov. 2, 2015. (AP Photo/Jeff Chiu) Alphabet’s strategy of trying to stuff the difference between declining mobile advertising value with additional clicks appears to still be paying off as the company once again showed Wall Street that it can make a ton of money and continue to grow. Alphabet (we’re just gonna call it what it is because we’re talking about the core business: Google) reported earnings of $9.06… Read More

Vine stars react to #RIPVine

27 October, by Josh Constine[ —]
vine-loops-forever Broken hearts, blind rage and calls to follow them on YouTube, Instagram and Snapchat. That’s how Vine stars are coping with the news that Twitter will shut down the Vine app in the coming months. At least since Twitter will let people download their Vines, most of the content should wind up on its competitors’ sites. Click or scroll through our list of the best reactions from the… Read More

It looks like Apple killed its cheapest laptop for consumers

27 October, by Matthew Lynley[ —]
macbook-air-gallery1-2014 Apple seems to have scrubbed the 11-inch MacBook Air from all of its online stores following its MacBook Pro presentation earlier today, and with that, the death of the 11-inch MacBook Air is official. At the event, Apple unveiled a series of new laptops, including a thinner and more lightweight 13-inch MacBook Pro — which still had function keys rather than the touchpad in its… Read More

UberEATS fires up surge pricing for deliveries in some U.S. cities

27 October, by Lora Kolodny[ —]
tip your uber driver UberEATS customers already have the ease-of-use of Uber’s mobile app for food ordering and delivery. Now they’re getting the surge pricing that Uber’s earlier ride-hailing service is known for, as well. In a blog post entitled “Delivery at Uber speed, even when it’s busy,” the company announced today that surge pricing would hit select U.S. cities. In… Read More

60dB brings personalized, short-form audio stories to iPhone and soon, Echo

27 October, by Sarah Perez[ —]
60db_3phones_feedfront A new mobile application called 60dB, launching today, wants to offer a better, more personalized radio service focused on short-form audio content. The app includes news, sports, business, entertainment, comedy stories and more, from a variety of publishers, which are customized to your interests the more you use the service. A separate section for longer stories is also available, for when… Read More

Facebook launches augmented reality selfie “masks” for Live video

27 October, by Josh Constine[ —]
livemasksnewsroomhero_ Copying Snapchat and capitalizing on the acquisition of MSQRD, today Facebook finally integrated augmented reality selfie lenses it calls “Masks” into its main app. Starting with Halloween-themed skeleton, witch and pumpkin masks, some Facebook users can now start to use the special effects when they go Live. Masks simultaneously make Facebook feel more modern, lure users to Live… Read More

Samsung acquires Tachyon to extend enterprise mobile device management

27 October, by Ingrid Lunden[ —]
samsung-AP-sm Samsung’s mobile operation has taken a big hit of late, with profits plunging 30 percent in the last quarter in the wake of the Note 7 recall. But today, the company is announcing an acquisition of a wireless enterprise startup that speaks to how it wants to grow other areas of its business to offset setbacks like this, as well as the larger overall slowdown in handset sales… Read More

LG’s mobile division reports another loss making quarter, revenue down 23% y-o-y

27 October, by Natasha Lomas[ —]
lg-g5 (3 of 14) LG has reported another tough quarter for its mobile division, with revenues for the unit coming in at KRW 2.5 trillion ($2.3BN) in its Q3 2016, 23 per cent lower than in the same quarter in 2015, and a quarterly operating loss of RW 436.4 billion ($389.4M). Read More

Verizon acquires subscription video service Vessel, will shut it down on Oct. 31

27 October, by Anthony Ha[ —]
Vessel co-founders Jason Kilar and Richard Tom Verizon is buying Vessel, the subscription video service founded by Jason Kilar (Hulu’s former CEO) and Richard Tom (its former CTO). Vessel enlisted YouTube stars and other video creators, offering early access to their videos for $2.99 a month. It raised more than $130 million from investors, including Benchmark, Greylock, Bezos Expeditions and Institutional Venture Partners. Tom… Read More

Snapchat is reportedly looking to raise as much as $4B in its upcoming IPO

26 October, by Matthew Lynley[ —]
snap-spectacles In May earlier this year, Snapchat raised around $1.8 billion in a financing round that valued it at around $18 billion — and now it looks like that valuation could double in its upcoming IPO. Bloomberg is reporting that Snapchat is looking to raise as much as $4 billion in its initial public offering that could value it as high as $35 billion. Previously, the company was reportedly… Read More

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