Duncan Riley
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Google misses market expectations in Q1 as revenue growth continues to slow
Google Inc., reported its first quarter financials Thursday and while the search giant continues the grow, it once again missed market expectations. Google reported revenue of $17.3 billion and earnings per share of $6.57 for Q1, up 12 percent over the same quarter of 2014. The company noted though that without foreign exchange issues (the rising U.S. ...
Amazon breaks out AWS figures in Q1 results, and it turns out cloud services are highly profitable
Just how much money does Amazon.com Inc. make from its Amazon Web Services (AWS) division? The answer to that question was finally delivered Thursday when Amazon broke out numbers for AWS for the first time in its quarterly financials, and the great news: it turns out cloud services are highly profitable. According to the numbers, AWS ...
Facebook Q1 financials show the social network continuing to grow and grow
Facebook Inc. has continued its stellar upwards projectory with its first quarter results showing the social networking giant continues to grow and grow. In Q1, Facebook posted revenue of $3.54 billion, up 42 percent over the same quarter of 2014. Excluding the impact of foreign exchange rates, revenue would have been up 55 percent. On ...
Meh: Google launches disappointing Project Fi MVNO
Google Inc. Wednesday launched Project Fi, its long expected wireless service, but despite the hype leading prior to launch, it’s fairly disappointing. First with the basics: as rumored Project Fi customers will access the T-Mobile, Sprint, and Wifi networks, seamlessly switching between the three. Google is hyping this feature as being revolutionary, and while the ...
Apple Watch default app creator Belle Gibson confesses: I never had cancer
Belle Gibson, the disgraced creator of the default Apple Watch app The Whole Pantry has finally confessed publicly that her various cancer stories were complete works of fiction. Gibson, who we first covered back in March, built her iOS app, then later Apple Watch app, based on her personal blog, where she told a story that she ...
Fintech startup CompareAsiaGroup raises $40 million Series A in a round led by Goldman Sachs
Financial comparison startup CompareAsiaGroup Ltd. has raised $40 million Series A in a round led by Goldman Sachs that included Jardine Pacific, ACE & Company, and Mark Pincus, the founder of Zynga. Based in Hong Kong, the company offers financial and related services comparisons across eight sites in East Asian countries including Thailand, Taiwan, Philippines, Indonesia, ...
Community fashion marketplace Poshmark raises $25 million Series C
Community fashion marketplace Poshmark Inc. has raised $25 million Series C in a round that included Mayfield, Menlo Ventures, Inventus Capital, Union Grove Venture Partners, Shea Ventures, and SoftTech VC. Founded in 2011, the company primarily offers a sort of mobile focused version of eBay for women’s fashion, with a pitch that was initially directed at fashionistas ...
SaaSy buy: Atlassian acquires the company behind chat & video conferencing service Jitsi
SaaS enterprise solutions provider Atlassian Pty. Ltd. has acquired Blue Jimp SA, the makers of the open-source chat and video conferencing service Jitsi. The price of the acquisition was not disclosed. Based in Strasbourg, France, Blue Jimp’s Jitsi XMPP based service allows users to make secure audio/video calls, video conferences and chat sessions. The platform includes ...
Facebook changes content mix in news feed to make it more usable and less rubbish
In a surprise about-face today Facebook Inc., has announced changes to the way content is displayed in its news feed, in an attempt to make it more usable and less rubbish than it has been for several years now. Under the changes, content from your friends will now be more prominent in the news feed, ...
Spammy: Twitter now allows users to accept DMs from anyone
Twitter Inc. has changed the way its direct messaging (DM) service works by introducing the ability to receive DM’s from anyone. Previously users could only receive DM’s from people they were following, although as TechCrunch notes some users have previously had an exemption to this rule, in particular, brands, and some verified users. With the change, ...









