Facebook reports Q2 revenue of $13.23B, up 42% YoY, 1.47B DAUs, up 11% YoY, and net income of $5.1B, up 31% YoY
Facebook, Inc. (Nasdaq: FB) today reported financial results for the quarter ended June 30, 2018. — “Our community and business continue to grow quickly,” said Mark Zuckerberg, Facebook founder and ...
In a test conducted by the ACLU, Amazon's Rekognition facial recognition tech erroneously matched 28 members of Congress, 6 of them black, to criminal mugshots
ACLU: “And running the entire test cost us $12.33—less than a large pizza." — The American Civil Liberties Union …
Samsung announces it is developing flexible OLED display certified as “unbreakable” by Underwriters Laboratories, that survived 26 4-foot drops
This is the direction the industry is heading. — Samsung Display has announced that it has developed a truly “unbreakable” …
Qualcomm says it will drop its $44B offer and pay a $2B breakup fee to NXP as the deadline passed with no approval from China
SAN FRANCISCO/BEIJING (Reuters) - The deadline for Qualcomm Inc (QCOM.O) to buy NXP Semiconductors (NXPI.O) passed at midnight U.S. eastern time without any word …
Amid patent dispute, Qualcomm says it believes Apple intends to solely use modems from a competitor, likely Intel, for the next iPhone release
Apple appears to be making some big changes to the chips in its upcoming iPhones — and that could mean your next iPhone downloads data slower than rival Android devices.
Microsoft releases Windows 10 test build with Flashlight, to let VR users look at their physical environment, and a predictive model for starting device updates
Hello Windows Insiders! — Today, we are releasing Windows 10 Insider Preview Build 17723 (RS5) to Windows Insiders …
Qualcomm reports Q3 revenues of $5.6B, up 4% YoY, net income of $1.2B, up 41% YoY; says it will terminate proposed acquisition of NXP
Spotify adds 8M paid subscribers in Q2, up 40% YoY, for a total of 83M subscribers and 180M MAUs, with revenue of €1.27B, up 26% YoY, and operating loss of €90M
For its second ever earnings report, Spotify said it now has 83 million paid subscribers, up 8 million …
Facebook's Q2 earnings saw MAUs climb just 1.54%, down from Q1's 3.14%, marking its slowest ever growth rate, and revenue of $13.23B missed estimates of $13.36B
Josh Constine / TechCrunch :
Facebook closed at $217.50 on Wednesday, near the record high, and opened at $174.89 on Thursday, erasing more than $100B in a market cap value overnight
Josh Constine / TechCrunch :
Twitter CEO addresses claims about some Republican leaders not appearing in search auto-suggestions, points to a thread that offers explanation and vows changes
The latest allegations of shadow banning on the platform were sparked by a Vice News report — Twitter has hit …
ProtonMail introduces full PGP support and address verification, which uses the encrypted contact feature to protect users against man-in-the-middle attacks
In the latest update of ProtonMail, users can now take advantage of the full (Pretty Good Privacy) PGP support and address verification tools, for added security.
Coinbase partners with WeGift to let Coinbase customers in Australia and select EU countries convert their tokens to digital gift cards at popular stores
It's still quite hard to buy physical goods using bitcoins or ethers. Coinbase plans to (partially) solve that issue with a new partnership with WeGift.
Facebook says 2.5B people used at least one of either Facebook, Instagram, WhatsApp, or Messenger in June
Josh Constine / TechCrunch :
Donald Trump criticizes Twitter for “shadow banning” prominent Republicans, says he will look into this “discriminatory and illegal practice”
Bloomberg :
Twitter begins locking accounts that impersonate celebs like Elon Musk or Bill Gates to help combat cryptocurrency giveaway scams using their names
To combat cryptocurrency scammers dropping deceptive links in Musk's replies — Twitter has implemented a new method for combating cryptocurrency scammers …
Members of Google Assistant's personality team, which includes comedians, empathy experts, and others, describe development of tricky features and Easter eggs
Voice assistants are like sleep, magnets, or Advil: We're happy to have them, even if we don't really get how they work.
A look at how Google treats its contract workers, some of whom write code, recruit staff, and manage teams, yet don't have access to the firm's celebrated perks
About half of Google's workers are contractors who don't receive the same benefits as direct employees
Overview of the questions Facebook dodged in a conference call with the press Tuesday on its efforts to fight election interference and false information
Josh Constine / TechCrunch :
Review of Google Assistant-powered Lenovo Smart Display, the first device to run on Android Things, available July 27 with 8"/10" screens for $199 and $249
Dieter Bohn / The Verge :
Sources: Chinese social commerce startup Pinduoduo raises $1.63B after pricing its US IPO at $19/share, the high end of the range, valuing the company at $23.8B
HONG KONG (Reuters/IFR) - Chinese online group discounter Pinduoduo Inc (PDD.O) priced its U.S. initial public offering (IPO) …
Facebook acquires Redkix, the email startup that combines email, messaging, and calendar features into one app, plans to integrate it with Workplace
The email startup is joining Workplace, the social network's enterprise offering. — Facebook has acquired Redkix, an email startup that combines email …
YouTube adds a Watch Together button to its VR app on Daydream View and Samsung Gear VR that lets users watch and discuss videos with others in a virtual space
Erin Teague / YouTube Blog :
YubiKey maker Yubico says it does not manufacture Google's security keys and that Bluetooth-based keys are not as secure as NFC and USB-based keys
Stina Ehrensvard / Yubico :
Dropbox launches add-on for Gmail, allowing users to access Dropbox content in Gmail, available now on the web and Android, coming soon to iOS
Nathan Ingraham / Engadget :
Some 2018 MacBook Pro and iMac Pro users reporting crashes, possibly due to Apple's T2 processor and Bridge OS; some fixes in macOS 10.13.6, no complete fix yet
Kevin Parrish / Digital Trends :
Boston-based Flywire, which helps universities, hospitals, and businesses accept payments made in foreign currencies, raises $100M Series D led by Temasek
Flywire CEO Mike Massaro has helped build a payments company that expects to reach $100 million in annualized revenue this year.
Scandit raises $30M Series B led by GV to bring AR and computer vision to mobile barcode scanning for enterprises
Scandit, a Swiss barcode scanning platform for mobile enterprise apps, has raised $30 million in a series B round of funding led by Alphabet's venture capital (VC) arm GV.
Sources: YouTube removed four videos from Alex Jones' channel for hate speech and child endangerment, but counted the takedowns as one strike toward the channel
but he's still not banned Mark Wycislik-Wilson / BetaNews : YouTube slaps Alex Jones with another strike and removes Infowars founder's videos NBC Bay Area : YouTube Issues Warning to Infowars Founder...
Coinbase says its investigation into whether any employees profited from insider trading relating to Bitcoin Cash has concluded and found no wrongdoing
Jeff John Roberts / Fortune :
AMD reports Q2 revenue of $1.76B, up 53% YoY, vs $1.72B est., and net income of $156M; stock up 5% after hours
Making Sense of Facebook's Deep Plunge Craig Russo / SludgeFeed : AMD Reports Lower Q2 Sales of GPU Products in the Blockchain Market Dean Takahashi / VentureBeat : AMD reports double-digit Ryzen ship...
Amazon's Cloud ESP, a feature for third-party Alexa devices that lets the device closest to a user respond to a question or command, is now generally available
Ry Crist / CNET :
Source: Sheryl Sandberg and Jack Dorsey to testify before Senate Intelligence Committee in September; Sundar Pichai has not yet responded to committee's invite
BuzzFeed News :
Google announces its Cloud IoT Edge software and Edge TPU chip, which will be released as a reference design in October, to bring machine learning to IoT
Tom Krazit / GeekWire :
Tencent is investing $150M a year in the $13B esports market and working with the NBA and Under Armour on revenue deals, as the gaming mania spreads in China
Bloomberg : Tweets: @luluyilun Tweets: Lulu Yilun Chen / @luluyilun : At least 10k esports teams exist across China, with top gamers boasting net worths of up to 10 m yuan & #Tencent investing at lea...
The CEO of Nextdoor, Nirav Tolia, plans to step down from his role after almost eight years, emailing employees that he will take an “active” chairman role
Kurt Wagner / Recode :
GlobalWebIndex, a market research firm founded in 2009 that provides marketers with consumer insights and whose customers include Google, raises $40M Series A
Natasha Lomas / TechCrunch :
PayPal reports Q2 revenues of $3.86B, up 23% YoY, vs. $3.81B est., net income of $703M, up from $554M YoY, and says board approved up to $10B in share buybacks
Christine Wang / CNBC :
Sources: Chinese chip manufacturer Tsinghua Unigroup signed a deal last month to acquire French smart chip components maker Linxens for about €2.2B
Kane Wu / Reuters :
AI-powered law for startups
Soxton automates startup legal so founders can move faster and sleep better. We handle incorporation, advisor, employment and commercial contracts. Join the waitlist for early access!
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 …
Protecting your Cloud Applications Data
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.