Techmeme
July 30, 2014, 6:30 AM

Top News

Twitter:
Twitter reports Q2 2014 results: revenue $312M, up 124% year-over-year, net loss of $145M  —  Twitter Reports Second Quarter 2014 Results  —  SAN FRANCISCO, Calif. - July 29, 2014 - Twitter, Inc. (NYSE: TWTR) today announced financial results for the second quarter ended June 30, 2014.
Derrick Harris / Gigaom:
Twitter acquires deep learning startup Madbits  —  Twitter has acquired Madbits, a deep-learning-based computer vision startup founded by proteges of Facebook AI director Yann LeCun.  It's the latest in a spate of deep learning and computer vision acquisitions that also includes Google, Yahoo, Dropbox and Pinterest.
Joe Belfiore / Windows Phone Blog:
Windows Phone 8.1 Update expands Cortana to new countries, adds “Live” folders on start screen, and more  —  Windows Phone 8.1 Update brings Cortana to new markets + new features  —  Back in April, you heard me talk about how we believe Windows Phone 8.1 is the world's …
Josh Constine / TechCrunch:
Instagram launches Bolt, its one-touch photo and video messaging app, in Singapore, South Africa, and New Zealand  —  Instagram Launches One-Touch Photo And Video Messaging App Bolt Outside The US  —  Instagram is taking on Snapchat by turning your best friends' faces into the shutter button …
Andy Fixmer / Mashable:
Netflix Signs Peering Deal With AT&T to Reduce Buffering  —  This story has been updated to include a statement from AT&T confirming the peering deal.  —  Netflix has reached an agreement with AT&T to give its streaming service direct access to AT&T's network, with the goal of reducing buffering …
Juli Clover / MacRumors:
Apple's Smartphone Market Share Slips as Huawei, Lenovo Make Gains  —  Apple's growth in the overall worldwide smartphone market continues to slow as it loses ground to smaller Chinese vendors releasing more affordable devices, even as the smartphone market itself grows substantially.
Josh Constine / TechCrunch:
Facebook Is Shutting Down Gifts To Focus On Its Buy Button And Commerce Platform  —  Facebook wants to help other businesses sell things, so it's done selling its own.  Facebook Gifts will shut down on August 12th and stop selling gift cards for businesses like Starbucks and iTunes.
Tom Warren / The Verge:
Microsoft is about to launch a selfie phone and a new ‘high-end’ Windows Phone  —  Microsoft is planning to launch two new Windows Phone 8.1 devices shortly.  Sources familiar with the company's plans tell The Verge that Microsoft devices chief Stephen Elop revealed both handsets during an internal company meeting this week.
Nick Summers / The Next Web:
Microsoft's OneNote for Mac and iOS apps now let you insert Office docs, reorganize notes, and more  —  Microsoft wants everyone to use its productivity software, regardless of the hardware or operating system they use most frequently.  Today it's catering to Apple enthusiasts …
Bloomberg:
Ford switching 3,300 workers from BlackBerry to iPhone this year  —  Ford Switching Employees to IPhones From BlackBerries  —  Ford Motor Co. (F) is deploying iPhones for corporate use to employees worldwide, scoring a win for Apple Inc. (AAPL) as it seeks to lure more corporate customers.
Anthony Ha / TechCrunch:
Palantir Acquires Social Polling Startup Poptip  —  Poptip, a startup that helps companies conduct social media surveys and analyze online conversations, just announced that its team will be joining Palantir Technologies starting on August 1.  —  A Palantir spokesperson confirmed the acquisition but declined to comment further.
More: Poptip Blog and VentureBeatTweets: @jimandelman and @kfalter

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Yannick LeJacq / Kotaku:

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