PayPal sees 24% revenue growth in its latest quarter

 PayPal impressed Wall Street when it reported fourth-quarter earnings after the bell on Wednesday. The global payments giant beat analyst expectations for both sales and profit. PayPal reported $3.71 billion in revenue on a foreign-exchange neutral basis, or 24% growth from the same period last year. Analysts were expecting $3.63 billion in revenue for the quarter. Adjusted earnings per… Read More

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Facebook reduces time spent by 2 min/user/day to push well-being

 Facebook is putting it’s short-term money where it’s mouth is, reducing the presence of viral videos in an effort to boost well-being of users of its site. Today CEO Mark Zuckerberg announced that “Already last quarter, we made changes to show fewer viral videos to make sure people’s time is well spent. In total, we made changes that reduced time spent… Read More

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Microsoft’s Azure revenue nearly doubled year-over-year in its second quarter

 Microsoft posted a relatively good second quarter this year that continued the ongoing process of its growth into a major cloud entity, in addition to saying it would be taking a significant charge as part of the major tax bill signed late last year. In particular, Microsoft said that its Azure revenue grew 98% year-over-year — a long-running theme alongside many other lines that equate… Read More

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Watch SpaceX launch a flight-proven Falcon 9 live here

 SpaceX’s launch livestream is already started for its GovSat-1 mission, which is launching a satellite from the government of Luxembourg into geostationary transfer orbit.
The launch window opens at 4:25 PM EST and will not include a recovery attempt for the Falcon 9 first stage, which has been used once before during a mission in 2017. Read More

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Hulu’s Live TV app now lets you personalize the Olympics to your liking

 Teased earlier this month at CES, Hulu today has quietly launched its personalized Olympics experience in its Live TV app. The company hasn’t officially announced the new feature, but the option to track your favorite Olympics events pops up when you launch the app today, allowing you to pick from various events like figure skating, ski jumping, snowboard, luge, alpine skiing and many… Read More

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Facebook survives Q4 with slowing 1.4B daily users but record $12.97B revenue

 Despite worries about Russia and that passive News Feed scrolling hurts us, Facebook beat expectations again in its Q4 2017 earnings report. Facebook now has 1.4 billion daily users, up 2.18% compared to growing 3.8% to 1.37 billion users in Q3. That’s a sizeable slow down. It reached $12.97 billion in revenue with $2.21 adjusted GAAP earnings per share if you don’t count a massive… Read More

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GoPro adds mobile cloud backup to its Plus subscription service

 Whether the action cam business can alone sustain the GoPro business (in light of the recent Karma drone program shutdown) is going to at least rely on them continuing to dominate it and find new revenue streams within it. Part of this strategy will be continuing to refine the company’s $4.99 per month subscription service, GoPro Plus. Today, the company is announcing a new change to… Read More

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Lexip’s joystick-mouse combo is a strange but promising hybrid

 While at CES I try to avoid getting bogged down by dozens of random gadgets, and this time I mostly succeeded — but the mouse reviewer in me was intrigued by Lexip’s new gaming mouse that’s also a sort of floating joystick. It’s a strange but cool idea, and although the learning curve is high, I can see some hardcore gamers and productivity fiends getting a lot of use… Read More

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Supermedium launches its virtual reality web browser backed by Y Combinator

 Virtual reality’s content problem has been so frustrating for users because the medium’s promise has been that it can take users anywhere. As developers continue to build up these worlds, Supermedium is launching out of Y Combinator’s winter batch with a browser that it hopes can show people the promises of virtual reality content that lives across the web. While Oculus… Read More

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ICO “rounds” are coming

 Last summer, the news came in dribs and drabs about initial coin offerings, the crowd sales of new cryptocurrencies that give entrepreneurs access to funding. A warning here that some coins sold in ICOs could be considered securities. An alert there that celebrity endorsements of ICOs might be unlawful. Fast forward, and the warnings are starting to come with the kind of velocity that should… Read More

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