Jan 27, 2017

Hot in Silicon Valley: LinkedIn's financial numbers

LInkedIn reveals first financial results as part of Microsoft

And it's not too shabby: It generated $228 million in revenue this quarter, and a net income loss of $100 million.

What it means: Microsoft's acquisition of LinkedIn closed in December, so the latter didn't even contribute a full quarter's financials. For context, LinkedIn generated $960 million in revenue the previous quarter. Now as part of Microsoft, it won't publish updated member numbers, but it will still have to show it's growing its revenue and getting users to spend more and more time on the service.

Tesla sues a former employee

The electric car company has filed a lawsuit against Sterling Anderson, a former director of Autopilot programs, for allegedly trying to poach employees for his own startup and taking confidential information, according to TechCrunch.

Why now? Self-driving technology is one of the hottest areas in the industry right now, so it's no wonder that that there's fierce competition among companies.

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Trump says he will campaign against Lisa Murkowski after her support for Mattis

Trump with Barr and Meadows outside St. John's Episcopal church in Washington, D.C. on June 1. Photo: Brendan Smialowski/AFP via Getty Images

President Trump tweeted on Thursday that he would endorse "any candidate" with a pulse who runs against Sen. Lisa Murkowski (R-Alaska).

Driving the news: Murkowski said on Thursday that she supported former defense secretary James Mattis' condemnation of Trump over his response to protests in the wake of George Floyd's killing. She described Mattis' statement as "true, honest, necessary and overdue," Politico's Andrew Desiderio reports.

8 hours ago - World

The president vs. the Pentagon

Trump visits Mattis and the Pentagon in 2018. Photo: Brendan Smialowski/AFP via Getty

Over the course of just a few hours, President Trump was rebuffed by the Secretary of Defense over his call for troops in the streets and accused by James Mattis, his former Pentagon chief, of trampling the Constitution for political gain.

Why it matters: Current and former leaders of the U.S. military are drawing a line over Trump's demand for a militarized response to the protests and unrest that have swept the country over the killing of George Floyd by police.

New York Times says Tom Cotton op-ed did not meet standards

Photo: Avalon/Universal Images Group via Getty Images)

A New York Times spokesperson said in a statement Thursday that the paper will be changing its editorial board processes after a Wednesday op-ed by Sen. Tom Cotton (R-Ark.), which called for President Trump to "send in the troops" in order to quell violent protests, failed to meet its standards.

Why it matters: The shift comes after Times employees began a coordinated movement on social media on Wednesday and Thursday that argued that publishing the op-ed put black staff in danger. Cotton wrote that Trump should invoke the Insurrection Act in order to deploy the U.S. military against rioters that have overwhelmed police forces in cities across the country.