Techmeme
July 24, 2014, 7:50 AM

Top News

Janet Van Huysse / The Twitter Blog:
Twitter releases diversity report: global employees are 70% male; in US 59% white, 29% Asian  —  Building a Twitter we can be proud of  —  At Twitter, we have a goal to reach every person on the planet.  We believe that goal is more attainable with a team that understands and represents different cultures and backgrounds.
Josh Constine / TechCrunch:
Facebook Beats In Q2 With $2.91 Billion, In Revenue, 62% Of Ad Revenue From Mobile, 1.32B Users  —  Facebook's earnings beat projections for the 8th quarter straight with $2.91B in revenue and $0.42EPS in Q2 2014 .  It now has 1.07 billion mobile monthly users, and 654million daily mobile users.
Facebook:
Mark Gurman / 9to5Mac:
OS X Yosemite planned for late Oct. as Apple preps 4K desktop & 12-inch Retina MacBook  —  While iOS 8 for the iPhone, iPad, and iPod touch is set for a September launch, Apple is planning to bring its next-generation Mac software, OS X Yosemite, into the wild a month later, in October, according to several sources.
Ellis Hamburger / The Verge:
Sense sleep tracker uses two devices to analyze your room conditions and sleep patterns  —  Sense is a glowing sphere that watches over you while you sleep  —  This sleek sleep tracker analyzes your bedroom, and your sleep patterns  —  At age 19, Londoner James Proud decided to skip out on college and move to the States.
Ina Fried / Re/code:
LG Shipped 14.5 Million Smartphones in Q2, up 20 Percent, As Phone Business Turned a Profit  —  Korea's LG Electronics said on Wednesday that its mobile unit turned profitable in the second quarter as the company shipped a record 14.5 million smartphones, up 20 percent year-over-year.
Arik Hesseldahl / Re/code:
HP Makes $50 Million Strategic Investment in Hortonworks  —  To the steadily growing list of big companies making strategic investments in the open source big data platform known as Hadoop, you can now add computing giant Hewlett-Packard.  —  Re/code has learned that HP today will announce …
Charlie Osborne / ZDNet:
European Central Bank suffers security breach, personal data stolen  —  Summary: The European Central Bank's website has been hacked and personal information has been stolen by a cybercriminal.  —  The European Central Bank (ECB) admitted Thursday that a security breach has led to the theft of personal data.
Nick Summers / The Next Web:
Reddit Live is now official, lets anyone create their own breaking news live blog  —  Today, Reddit officially launched its own live-blogging platform.  The company calls it Reddit Live and the feature has actually been in “semi-open beta” for a few months now - you may have stumbled across …
Jack Linshi / TIME:
Foursquare moving all check-ins to secondary app Swarm starting Thursday  —  You Can't Check-In on Foursquare's Main App Starting Tomorrow  —  You can check out Foursquare's new app starting in the next few weeks, but you can't check-in.  —  Foursquare said Wednesday that users …
Ellis Hamburger / The Verge:
Mark Gurman / 9to5Mac:
Apple ‘tentatively’ plans mid-September iPhone event as iOS 8 nears completion  —  Apple is gearing up for its first major hardware and software launches of 2014.  The Cupertino-based company is “tentatively” planning a keynote address in mid-September to announce the iPhone 6 and provide final details …
Darrell Etherington / TechCrunch:
Samsung Backs GamePop As BlueStacks Adds $13M In New Funding  —  Samsung's venture arm has contributed to a round of funding that adds $13 million to the total raised by BlueStacks, the virtualization startup that debuted its GamePop platform earlier this year to offer over-the-top mobile gaming for living room and TVs.
Karen Freifeld / Reuters:
Seven arrests made in $1.6 million StubHub cyberfraud case  —  (Reuters) - Police have arrested seven people on charges they were tied to an international ring that defrauded eBay Inc's StubHub online ticketing service of some $1.6 million, the latest in a string of high-profile cybercrime busts in recent months.
Benjamin Mayo / 9to5Mac:
Apple reportedly discussing mobile wallet plans with credit card companies, may launch with iPhone 6  —  The Information has a new report out discussing Apple's progress on a mobile wallet payments service.  The post echoes reporting by 9to5Mac earlier in the year.
Peter Kafka / Re/code:
Chernin and AT&T Set to Buy Control of Fullscreen YouTube Network  —  Fullscreen, the YouTube network that has been talking to prospective buyers for months, is ready to make a deal.  Sources familiar with the company say it is finalizing a deal to sell a majority stake to Otter Media …
More: TubefilterTweets: @pkafkaSee also Mediagazer

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Microsoft:
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