Here’s the tech news you need to know this Thursday.
1. Facebook beat earnings expectations, but its stock sunk. Despite revenue growing 39% year-on-year, its share price dropped around 3.4%.
2. GitHub has landed £160 million ($250 million) in new funding and is now worth £1.28 billion ($2 billion). The round was led by Sequoia Capital, with participation from Andreessen Horowitz, Thrive Capital, and Institutional Venture Partners.
