Tech Finance

In a handy coincidence of scheduling, Apple and Facebook will both report earnings after the market closes on Wednesday.

The two Silicon Valley giants will give Wall Street a fast look at the state of the mobile and online advertising markets, at a time when tech valuations are facing growing questions from investors like David EinhornRead more

Almost five years after launching, crowd-funding platform Kickstarter has received pledges worth $1bn. Half of the money has apparently been in the past twelve months (see chart below).

If Kickstarter were a venture fund, it would be a fairly significant player. So how exactly has humanity been enriched, for its money? Read more

Sirgoo Lee, chief executive of the South Korean mobile messaging company Kakao, chuckles when asked about Facebook’s acquisition of rival WhatsApp for $19bn. “All I can say is that’s a lot of money,” he says.

While it has a strong presence in India and Hong Kong, WhatsApp is a marginal player in many parts of Asia writes Simon Mundy. Kakao, Japan-based LINE and China-headquartered WeChat dominate mobile messaging in their respective home territories, and are fighting for control of the market in southeast Asia. The Japanese internet company Rakuten, meanwhile, last month spent $900m on Viber, an Israeli company that provides similar free calling and messaging services. Read more

Tim Bradshaw

Mark Zuckerberg’s push to make Facebook a mobile-first company seems to have paid off. Wednesday’s fourth-quarter earnings revealed that it now makes more than half of its advertising revenues from mobile devices, beating Wall Street’s forecasts and sending its stock up as much as 12 per cent in after-hours trading.
Hannah Kuchler and Tim Bradshaw reported from the earnings call as Zuck and his team talked about the opportunities in personalisation, messaging and artificial intelligence. 

Tim Bradshaw

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

The inventor of the 3D printed gun has trained his sights on Bitcoin, fronting a campaign to keep the virtual currency anonymous and beyond the reach of the authorities, writes Jane Wild.

Cody Wilson’s move hits back at efforts by the Bitcoin trade body, businesses and investors who have been working with officials mainly in the US to press for acceptance of virtual currencies and hasten their integration into mainstream financial systems. Read more

Hannah Kuchler

Ladies and gentleman, the moment you have all been waiting for is fast-approaching: Twitter is due to file the small print on its initial public offering, a bulky S-1 registration statement that will allow investors a peek into the messaging platform’s business.

Here is the Financial Times “Ctrl-F” guide to getting the news fast (Alternatively, please tune in to FT.com when it happens, where we’ll do the heavy lifting for you): Read more

Tim Bradshaw

It is three months since Apple announced a whopping $100bn return of cash to investors, topping up its existing $45bn dividend plans with what it billed as the biggest share buyback scheme in American corporate history.

In the weeks that followed that announcement, Apple’s shares soared, finally emerging from the months-long funk that saw them dip below $400. But that rally went into reverse as soon as Apple paid its next dividend on May 9.  Read more

Example of a space selfie, from Planetary Resources' kickstarter page

More than 17,600 people have raised $1.5m for a space telescope Kickstarter campaign, with the majority to receive a picture of themselves from outside the Earth’s atmosphere, writes Connor Radnovich

Yes, a selfie from space.

Planetary Resources – the ambitious space mining company backed by Larry Page and Eric Schmidt of Google alongside other investors such as Ross Perot Jr, raised the money over a 33-day campaign. Read more

Chris Nuttall

Two Silicon Valley companies delivering thousands of entertainment channels over the internet have announced significant funding rounds and milestones for their services.

Roku, whose set-top box delivers more than 700 channels of movies, TV, music, radio and web content, has received $60m in a Series F round, while TuneIn, which gives access to more than 70,000 radio stations, has bagged $25m in Series C funding. Read more