European Commission fines Qualcomm €242M for abusing its dominance in 3G baseband chipsets by selling below cost to force its competitor Icera out of the market
The European Commission has fined Qualcomm €242 million for abusing its market dominance in 3G baseband chipsets.
Netflix reports Q2 revenue of $4.9B, up 26% YoY, and total paid membership of 152M, up 22% YoY, but it added 2.7M new subs, down from 5.5M YoY; stock down 10%+
Fellow shareholders, As expected, revenue growth accelerated 400 basis points to 26%, and operating income increased 53% year over year in Q2.
DNC warns 2020 presidential campaigns not to use FaceApp; alert from DNC's chief security officer notes that the app was “developed by Russians”
Washington (CNN) — The Democratic National Committee sent a security alert to 2020 presidential campaigns Wednesday afternoon warning …
As FaceApp goes viral again, many are wary of the image-altering app's weak privacy policy, the fact it's based in Russia, and that photos are sent to the cloud
App was launched by Russian developer in 2017 and uses AI to change people's features — The developer of a popular app …
Slack says it is resetting passwords for 1% of its users after receiving new info about the company's 2015 security breach; in April, Slack said it has 10M DAUs
Company said it received a batch of compromised credentials related to the 2015 hack via its bug bounty program.
In Q2, Netflix lost US subscribers for the first time since Q3 2011, dropping 130,000, and added fewer global subs than expected, citing a weak Q2 content slate
need to slow it down so they can produce enough to keep subscribers happy, especially as licensed content leaves. How do you slow down time and speed up production at human speeds? You go internationa...
Netflix says it plans to launch a cheaper mobile-only streaming plan starting in India in Q3
Chris Welch / The Verge :
Microsoft says it has warned ~10,000 customers of nation-state attacks in the past year and tracked 781 cyberattacks by foreign adversaries this election cycle
The tech giant says it has tracked more than 700 cyberattacks by foreign adversaries against U.S. political organizations so far this election cycle.
Google removes seven stalkerware apps from the Play Store that were found by Avast researchers; the apps had been installed more than 130,000 times
You'd think it would be difficult to find an app that can secretly track a person's every move. But researchers have found them right in the open on Google's Play Store.
Sources: Trump is looking into the Pentagon's JEDI contract, which is set to be awarded to Amazon or Microsoft, to decide whether he should intervene
- Pentagon poised to give JEDI contract to Amazon or Microsoft — President frustrated he was unaware of Republican concerns
Instagram expands its test to hide the number of likes on other users' posts to six more countries: Ireland, Italy, Japan, Brazil, Australia, and New Zealand
Would the Internet be a better place if we all paid a little less attention to fake Internet points? Instagram is still trying to figure it out.
The European Commission launches a formal antitrust investigation into possible anti-competitive conduct by Amazon in its dual role as marketplace and retailer
European Commission :
DoJ charges former Microsoft developer, a Ukrainian citizen, for allegedly using a test account to steal $10M by purchasing and reselling Microsoft e-gift cards
‘No safeguards’ on QA accounts, and suddenly this guy gets a Tesla and $1.6m home, say prosecutors
Business travel management platform TravelPerk raises an additional $60M as an extension of its $44M Series C, says its revenue increased by 300% in 2019
Barcelona-based disruptor in the business travel sector has raised an extra $60 million as an extension to its Series C. The investment …
While the Senate hearing on Libra focused on mistrust of Facebook, the House hearing focused on hurdles Facebook may face if it wants to release Libra next year
Lawmakers said in a House hearing on Wednesday that Facebook's plan to enter the world of cryptocurrency and global finance …
A look at the challenges facing Boston Dynamics, chief among them public perception, as it prepares to launch its first commercial bot, called Spot, this year
Not many robotics companies can boast legions of fans online, but not many robotics companies make robots quite like Boston Dynamics. Tweets: @alexjamesfitz , @bob_malak , and @jjvincent Tweets: Alex ...
Wattpad's ad-free subscription tier and Wattpad Paid Stories, which offers exclusive, paywalled content to users, are now available worldwide to its 70M+ users
Online storytelling community Wattpad, also now a content feeder for streaming services and other media companies, is taking its two consumer-facing paid products global.
After a seven-month probe, Amazon reaches a deal with German antitrust watchdog to give 30 days notice and a reason for removing a merchant from its platform
FRANKFURT (Reuters) - Amazon (AMZN.O) has reached a deal with Germany's anti-trust authority to overhaul its terms of service …
Facebook executives, from Zuckerberg to Sandberg to Marcus, have argued that more US regulation aids Chinese rivals, but this assertion is far from clear
Josh Constine / TechCrunch :
As part of World Emoji Day, Apple and Google share designs for around 60 new emoji, many focused on representation around disability
even if you're a vampire Jenny G. Zhang / Eater : The Worst-Faith Interpretations of Apple's New Food Emoji Jules Wang / Android Police : Google shows off its new emoji designs that will debut with An...
Pivot, whose gym product Smartspot uses a depth-sensing camera to record workouts and identify incorrect postures, comes out of stealth, raises $17M Series A
There's no shortage of fitness apps that promise to tone your muscles and boost your baseline heart rate, but a new challenger …
Wavecell, a cloud-communications platform for companies in SE Asia, has been acquired by cloud-based conferencing solutions provider 8x8 in a deal worth ~$125M
Catherine Shu / TechCrunch :
Uber riders in some cities, including DC and San Diego, were charged 100x the advertised fare, with some fares exceeding $1,000; Uber says glitch has been fixed
and people are livid BBC : ‘My $19 Uber ride cost 100 times that’ Georgina Torbet / Engadget : Uber error charges riders 100 times more than the original price Tweets: @markdubya : This happened to me...
eBay picks up a 5.5% stake in Paytm Mall to open up its global inventory to ~130M+ users on Paytm platforms; sources say the deal is valued at ~$150M
Aditi Shrivastava / The Economic Times :
Legal chatbot DoNotPay introduces Free Trial Card, a service that lets users sign up to free trials anonymously and declines payment after the trial period ends
Emily Dreyfuss / Wired :
German mobile banking startup N26 raises $170M from existing investors, a top-up to the $300M Series D it raised in January, at a $3.5B valuation
Ryan Browne / CNBC :
“Not designed for children” warning appearing on some Play Store listings; developers have the option to apply it where kids are outside the target age group
Abner Li / 9to5Google :
Microsoft says AT&T's 250,000 staffers will use Azure and the Office 365 suite in a non-exclusive deal; source says the multi-year deal is worth $2B+
IBM reports Q2 revenue of $19.2B, down 4.2% YoY, with Cloud and Cognitive Software revenue of $5.6B, up 3.2% YoY, more on Red Hat acquisition to be shared Aug 2
Jordan Novet / CNBC :
Haus, a real estate startup started by Uber co-founder Garrett Camp as part of his startup studio Expa, raises $4.1M in seed funding and $3M in debt
Anthony Ha / TechCrunch :
How Google Glass and other devices are being tested to teach children on the autism spectrum to make eye contact and recognize emotions
and this is a wonderful example.] Google Glass May Have an Afterlife as a Device to Teach Autistic Children - https://www.nytimes.com/... https://twitter.com/... Michelle Manafy / @michellemanafy : Go...
eBay beats with Q2 revenue of $2.7B, up 2% YoY, net income of $403M, and says it is considering selling both StubHub and its Classifieds services; stock up 5%+
Natalie Gagliordi / ZDNet :
BMW's ReachNow car-sharing service, which operates in Seattle and Portland, shuts down, effective immediately, following a joint venture deal with Daimler
Taylor Soper / GeekWire :
Peer-to-peer car sharing marketplace Turo raises $250M Series E from IAC at a $1B+ valuation, bringing its total raised to nearly $450M
Darrell Etherington / TechCrunch :
Reflecting on VidCon, it's clear that influencers' command of social media foreshadows future power in politics and elsewhere
Kevin Roose / New York Times :
To duck accountability, “on background” has become the default method by which Silicon Valley disseminates information, often abetted by tech journalists
it's become a scourge, and it's time to unite to destroy it. Me in @CJR: https://www.cjr.org/... Alex Kantrowitz / @kantrowitz : I'm with @bcmerchant on this one. Tech companies spinning on background...
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.