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July 19, 2016, 12:46 PM
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Top News

Jim Dalrymple / The Loop:
Apple addresses song matching and auto-deletion issues by incorporating iTunes Match's audio fingerprint feature into Apple Music  —  Apple begins rolling out iTunes Match with audio fingerprint to Apple Music subscribers  —  One of the biggest complaints about Apple Music over the past year …
Jon Russell / TechCrunch:
Sources: Pokémon Go to launch in Japan tomorrow; McDonald's will be the first launch partner, with 3K+ stores set to be sponsored “gym” locations  —  Pokémon Go fever has doubled the value of Nintendo's business, pushing it past Sony in the process.
Harrison Weber / VentureBeat:
Netflix Q2: nets 1.52M international subscribers versus its forecast of 2M, misses on quarterly revenue with $2.11B; stock down over 13%  —  Netflix now has 83.18 million subscribers after adding just 160,000 subscribers in the U.S. and 1.52 million abroad last quarter, missing the modest expectations it set back in April.
Mark Scott / New York Times:
Google is spending almost half a billion dollars by 2017 to remake its image in Europe  —  A yearlong digital training course for Irish high school teachers started in 2014.  A fund to help European news outlets adapt to the web popped up in 2015.  And in March, a virtual reality exhibition began …
Brian Reigh / Android Authority:
Samsung stands behind Galaxy S7 active water resistance certification, despite Consumer Reports tests, will honor warranty for water-damaged phones  —  Earlier this month, Consumer Reports ran a water-resistance test using two Galaxy S7 Active devices, and neither of the units survived to tell the tale.
Todd Spangler / Variety:
Yahoo Q2: $1.3B revenue, up 5% YoY, in line with expectations, $482M writedown on Tumblr; Mayer notes success in cutting costs as bid deadline hits  —  Yahoo, in the midst of final negotiations to sell itself, reported earnings in line with Wall Street's already lowered expectations …
Matt Lapsen / Xbox Wire:
$399 2TB Xbox One S arrives August 2, release date for other hard drive options to be announced  —  Last month, we revealed a new member of the Xbox One family, the Xbox One S. Today, we're excited to announce that the highly-anticipated 2TB Xbox One S launch edition will begin hitting shelves in select regions on August 2.
Rachael King / Wall Street Journal:
IBM beats expectations as Q2 revenue drops 2.8% to $20.24B, 17th straight quarterly decline  —  Big Blue's revenue has fallen for 17 straight quarters  —  Even as International Business Machines Corp. makes some gains in new strategic areas such as cloud computing and artificial intelligence, its total sales continue to decline.
Kellex / Droid Life:
Samsung Pay now available on Gear S2 smartwatch in US, but only for Bluetooth models and on NFC terminals  —  When Samsung introduced the Gear S2 and Gear S2 Classic last year, they made it clear that these devices would at some point support Samsung Pay, allowing owners of each device to make mobile payments with their wrists.
David Ramli / Bloomberg:
SoftBank's deal for ARM would be largest Asian takeover of a UK firm; CEO says deal made regardless of Brexit, noting ARM's stock was up 15% since EU referendum  —  Masayoshi Son will get a steady, high-margin cash stream  —  SoftBank to secure a leader in global mobile computing
Financial Times:
SoftBank agrees to acquire ARM Holdings for £24.3B at £17 per share, a 43% premium over last week's closing price

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From Mediagazer

New York Times:
Sources: Sony Pictures Entertainment and Apollo discussed a joint all-cash offer for Paramount, which is still in an exclusive negotiation window with Skydance

Sara Fischer / Axios:
CalMatters, a nonprofit focused on CA politics and policy, acquires tech news nonprofit The Markup; CalMatters has ~$12.5M in funding and The Markup has $5M

Bron Maher / Press Gazette:
At a town hall, GB News CEO announced job cuts affecting 40 roles, its first major round of cuts after its 2021 launch; GB News had 295 staffers in May 2023

More News

Brad Linder / Liliputing:
HP's Elite x3, a 6" Windows 10 Mobile phablet, ships August 29 for $699, $799 with Desk Dock, which lets you use UWP apps on a monitor with keyboard and mouse
James Phillips / The Official Microsoft Blog:
Microsoft debuts free preview of Microsoft Stream, a video sharing service for businesses, which will replace Office 365 Video as the de facto video experience

Earlier Picks

Bloomberg:
GlaxoSmithKline starts using Apple's ResearchKit for a rheumatoid arthritis study, becoming the first drugmaker to use the framework for clinical research
Reuters:
Chinese consortium to acquire Opera's browser and other businesses for $600M, except for ad, marketing, TV, and game-related operations
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