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July 24, 2014, 4:10 AM
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Facebook:
Facebook Reports Second Quarter 2014 Results  —  Facebook, Inc. (NASDAQ: FB) today reported financial results for the quarter ended June 30, 2014.  —  “We had a good second quarter,” said Mark Zuckerberg, Facebook founder and CEO.  “Our community has continued to grow …
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.
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.
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.
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:
Preview of Foursquare 8.0, the redesigned exploration app that launches in a few weeks
Josh Ong / The Next Web:
Google Maps challenges Foursquare with new Explore feature on Android and iOS  —  Google announced today the addition of an Explore Nearby button for Google Maps on iOS and Android.  The featuring is rolling out “starting this week.”  —  The new feature expands the Google Maps as more than just your go-to app for directions.
Re/code:
Razer Integrates WeChat into its Nabu Wearable, Says Should Hit U.S. for Under $100  —  Hardware maker Razer said late Wednesday that it is adding support for WeChat into its forthcoming wearable device, the Nabu smartband.  —  In addition to getting notifications on the device …
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 …
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: Tubefilter.  Tweets: @pkafka.  See also Mediagazer
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.
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.
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.
Sarah Perez / TechCrunch:
Amazon Expands Prime Music Catalog By “Hundreds Of Thousands” Of Songs  —  One of the major complaints with Amazon Prime Music, the company's new streaming music service bundled in with its Amazon Prime membership program, was its lack of song selection, and especially current hits.
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.

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Featured Podcasts

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 Square's product chief on the death of the penny and the future of money
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The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Committee to Protect Journalists:
After the building fire, Hong Kong summoned AFP, FT, NYT, AP, Bloomberg, and WSJ journalists, telling them to avoid “trouble making”, and arrested a commentator

Mark Kleinman / Sky News:
Source: Piers Morgan's YouTube-based venture Uncensored is raising £22.5M from The Raine Group, Theo Kyriakou, and others at a £97M pre-money valuation

Alex Weprin / The Hollywood Reporter:
The Academy reports fiscal 2025 revenues of $269.2M, up from $263.1M in 2024, after cutting expenses from $220.1M to $208.1M; Oscars revenue grew to $150.5M

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