Facebook is paying up to $19bn in cash, stock and earnouts to acquire WhatsApp Messenger, the world’s most popular mobile chat app with more than 450m regular users. Here Tim Bradshaw and Hannah Kuchler brought live reaction and comment from Facebook’s conference call.
Google is expanding the number of people who can get hold of Glass, as the FT reported late last year. Now a few friends of each of its first “Explorers” and selected other developers can purchase the experimental wearable device.
With all those new lenses wandering around, it hasn’t escaped Google’s notice that its wearers are getting “a lot of attention”. Google has talked to its existing community of Explorers for some tips on how to deal with the rest of the world, finally acknowledging that it can look “pretty weird”. Read more
Millions of addicted gamers are in a flap over the untimely death of Flappy Bird.
The Vietnamese creator of the most popular mobile game of 2014 has removed the app from sale after saying its internet fame “ruins my simple life”, despite making him tens of thousands of dollars a day. Read more
It may not be the biggest Microsoft story around today, but it’s a big deal for Foursquare: Microsoft is investing $15m in the social-location app as part of a new four-year commercial partnership.
The $15m investment comes in addition to the $35m that Foursquare raised in December last year from DFJ Growth and Capital Group. The app lets users share their location with friends by “checking in” and then recommends new places based on where they’ve been in the past.
Although uptake hasn’t quite lived up to the hype when it launched in 2009, it has collected a lot of data since then: 5bn check-ins, 60m places and 40m tips, all crowdsourced from some 45m users. Read more
Friday’s Personal Tech column reviewed the Narrative Clip, a small wearable camera that takes a photo every 30 seconds. Although it is a well-made product, I encountered some difficulties with the privacy aspects of wearing such a device, and felt that the images it produced were not worth the social awkwardness that it created.
Narrative’s co-founders are a thoughtful bunch and Oskar Kalmaru, the start-up’s chief marketing officer, sent the FT these comments in response: Read more
Apple speculators, take a breath.
Executives from the iPhone maker, including its head of operations, met with officials from the US Food and Drug Administration last month, public records show, to discuss “medical applications”.
What could they possibly have been discussing? Read more
Hardware is hard, so the saying goes. Raising millions of dollars on Kickstarter or Indiegogo can create as many problems as it solves. So the recent explosion in hardware start-ups has produced a crop of incubator and accelerator programmes, such as Lemnos Labs and Haxlr8r. The latest, Highway 1, is a new project from Liam Casey’s PCH International, which typically handles supply chains for rather larger electronics companies such as Apple and Beats Electronics. Read more
Expectations are high that Apple can go back to its old forecast-busting ways when it reports earnings for its December quarter on Monday.
“Investors think that Q1 is going to be a blow-out and the Q2 guide is quite strong,” said analysts at Berenberg in a note after meetings with shareholders last week.
While the iPhone and iPad both look set to turn in double-digit percentage growth rates, falling prices and margins could minimise revenue and earnings growth.
Here’s what to expect after the markets close in New York: Read more