Top News:
Lara O'Reilly / Business Insider:
Twitter reports Q4 revenue of $717M, missing estimates, but beats on earnings as MAUs grew 2M from Q3 2016, reaching 319M — Twitter missed analysts' expectations for its fourth-quarter revenue — reporting $717 million versus estimates of $740 million — as advertising spend lagged behind …
Discussion:
Adweek, VentureBeat, Jack Dorsey, TechCrunch, PR Newswire, Forbes, Reuters, TechCrunch, The Guardian, Fortune, Bloomberg, Vanity Fair, ZDNet, The Guardian, Recode, Recode, Variety, Mashable, @businessinsider, @stevekovach, INSIDER, @raju, Axios, @verge, @bcappelbaum, @recode, VentureBeat and Peter O'Kelly's Reality Check
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Brett Molina / USA Today:
Twitter shares fall over 10% on Q4 revenue miss, flat growth, and a 5% YoY drop in US ad revenue — So much for the “Trump bump.” — Twitter missed on revenue during the fourth quarter, according to results released Thursday, as the social media service struggles to sustain rapid growth among its monthly active user base.
Discussion:
TechCrunch, Forbes, VentureBeat, BBC, @edmundlee, @techcrunch and @cnbc
Eliana Johnson / Politico:
Sources: at least two candidates have turned down WH communications director job, a position that has remained vacant since Jason Miller resigned in December — At least two candidates have turned down the job of White House communications director. — Controlling the message coming …
Jane Martinson / The Guardian:
Sources: Rupert Murdoch was in the room for Trump's Times of London interview with Michael Gove, a sign of his close ties with the president and his family — It is unclear whether Media mogul sat through interview or just introduced new president to former minister and Times columnist
Discussion:
Financial Times, Press Gazette, Mirror.co.uk, @jgrovum, @henrymance, @muradahmed, @robertshrimsley, @mattgarrahan, @mlcalderone, @tomgara and @johngapper
Jasper Jackson / The Guardian:
In an unusual move, Wikipedia editors vote to ban The Daily Mail as a source after finding it “generally unreliable” — Online encyclopaedia editors rule out publisher as a reference citing ‘reputation poor fact checking and sensationalism’ — Wikipedia editors have voted …
Discussion:
Newser, @roureynolds, Engadget, @robaeprice, Code Words, Mashable, Adweek, @chris_coltrane, @edyong209 and Mediaite
Laura Hazard Owen / Nieman Lab:
Pew study: US adult news consumers can only recall the source of a news link 56% of the time, and 10% name Facebook as a news source — “The online news experience is a mix of deliberateness and serendipity,” a new report from Pew finds, noting that no one particular path to finding online news is dominant among users.
Discussion:
Columbia Journalism Review, Pew Research Center, Broadcasting & Cable, @hl_bowen, @ylichterman and @niemanlab
Ben Popper / The Verge:
Sources: Google combines product teams for YouTube Music and Google Play Music, likely paving way for a single music app in the future — Come together, right now, over me — According to several sources familiar with the change, the product teams working on YouTube Music and Google Play Music are being combined into a single unit.
Discussion:
hypebot, Music Industry Blog, Gear, The Tech Portal, 9to5Google, Tubefilter, AndroidHeadlines.com and Variety
Richard Sandomir / New York Times:
Bob Costas ends his 24-year run as NBC's prime-time Olympics host, reducing his overall workload at the network as he takes on a role similar to Tom Brokaw's — When NBC televises next year's Winter Olympics from Pyeongchang, South Korea, a familiar face will be gone from the prime-time anchor seat …
Discussion:
@ap_sports, @businessinsider, @ennisnyt, @braddjaffy, @sinow, @bleacherreport and The Big Lead
Andrew Liptak / The Verge:
Facebook hires MTV executive Mina Lefevre as head of development, overseeing scripted and unscripted content — Mina Lefevre had been the head of scripted for MTV — Facebook has been working to make video a central part of how its users experience the site, first with Facebook Live …
Discussion:
Business Insider and Mina Lefevre
Alexandra Steigrad / WWD:
Condé Nast buys social data and marketing platform CitizenNet to broaden its audience-targeting capabilities beyond its own properties to social platforms — The deal will help expand Condé Nast's audience-targeting capabilities across social platforms. — Condé Nast's New York office.
Discussion:
Condé Nast
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West Virginia Public Broadcasting:
WV Gov. Jim Justice proposes elimination of all state funding for WV Public Broadcasting in new budget, which would translate into staff layoffs of up to 75% — In his proposed budget, Governor Justice proposes the elimination of all state funding for West Virginia Public Broadcasting.
Discussion:
wvpublic.org and @farrahfazal
Trey Williams / MarketWatch:
Gannett beats Q4 expectations with revenue at $867M, up from $739M a year earlier, but print advertising revenue is still declining — Gannett Co. Inc. GCI, +8.51% shares rose nearly 9% in premarket trade on Thursday after the USA Today owner reported fourth-quarter earnings that were better than Wall Street had forecast.
Discussion:
Seeking Alpha, StreetInsider.com and NASDAQ.com