Amazon reports Q2 revenue of $38B, up 25% YoY, as net income drops from $857M to $197M YoY; AWS revenue rose 42% YoY to $4.1B; headcount reaches 382K, up 31K
Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its second quarter ended June 30, 2017.
Expedia leads $400M round for Indonesian travel site Traveloka by contributing $350M; source says Traveloka is now valued at $2B
Traveloka Holding Ltd. raised $400 million in a funding round led by Expedia Inc. that conferred a $2 billion valuation on Indonesia's largest online travel startup …
As part of patent settlement, Nokia received upfront cash payment of €1.7B from Apple, Finnish company discloses during the earnings call
In today's financial results, Nokia mentioned that it had increased cash inflow thanks to an “up-front cash payment of approximately EUR 1.7 billion …
AltspaceVR, a social platform for virtual reality, to shut down August 3 due to “unforeseen financial difficulties”
It is with a tremendously heavy heart that we let you all know that we are closing down AltspaceVR on August 3rd, 7PM PDT. The company has run …
USB 3.2 specification announced, which promises double data transfer speeds, or up to 20Gbps, over existing Type-C ports and cables
The USB 3.0 Promoter Group, comprising Apple, HP, Intel, Microsoft, and other companies, today introduced an upcoming USB 3.2 specification …
Meg Whitman says she will not be Uber CEO, is fully committed to HPE and is not going anywhere
Hewlett Packard Enterprise CEO Meg Whitman wants everyone to know that's not going to Uber. Bloomberg and Recode had reported that she was on the short list for the CEO spot …
Facebook unveils Messenger Platform 2.1 with built-in natural language processing, a payments SDK, and bot-to-human handover protocol in open beta
Facebook today launched Messenger Platform 2.1 with new features to give developers and brands more ways to reach potential customers …
Twitter is testing an advertising subscription service that automatically promotes advertisers' tweets for $99 per month
Twitter sets its sights on recurring revenue with a new test. — Twitter is testing an advertising subscription service that automatically promotes advertisers' tweets and profiles for $99 per month.
Redfin opens up 30%+ on its first day of trading, after pricing IPO at $15 per share and raising $138M at a valuation of $1.2B
Post updated with details on early trading. — Redfin stock popped as it debuted on the Nasdaq exchange Friday morning, opening at close to $20, well above the opening price of $15.
Apple confirms it has discontinued iPod nano and iPod shuffle; iPod touch now costs $199 for 32GB and $299 for 128GB
Kif Leswing / Business Insider :
Will.i.am's wearable startup i.am+ acquires Wink smart home hub from Flex
Wink — the smart home hub and platform originally incubated inside the failed connected object maker Quirky, and then acquired by Flextronics (now known as Flex) as part-payment for Quirky's debts …
UK regulator says Airbnb customers who leave early or decide not to to stay in accommodation will be able to leave a review starting August 31
Miles Brignall / The Guardian :
Sources describe Facebook's paywall plan: 10 free articles/month from a publisher before redirect to publisher's subscription site, with no cut for Facebook
Mark Zuckerberg says he doesn't want publishers' data, either. — Facebook says it wants to help publishers sell subscriptions.
Google hires Liron Damir, head of UX at Andy Rubin's Essential and former VP of design at Pebble, to lead UX for Google Home
Janko Roettgers / Variety :
Report: Google has bought 52 properties in Sunnyvale, California, for $820M to fill in gaps near other campuses
- The report comes one month after Google won exclusive rights with the city of San Jose to buy land there. — Google, which said earlier this week it now has more than 72,000 employees …
Microsoft makes Windows 10 S available to developers and education users ahead of wider rollout
Paul Thurrott / Thurrott.com :
Intel reports Q2 revenue of $14.8B, up 9% YoY, vs. $14.4B expected, net income of $2.8B, up 111%; IoT revenue $720M, up 26% YoY; data center revenue was $4.4B
Natalie Gagliordi / ZDNet :
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Zoho CRM Plus in 2025: A year of thoughtful CX improvements
2025 marked 11 years of building a customer experience platform designed to support organizations as customer expectations, channels …
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Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.