Techmeme
July 27, 2016, 11:50 AM

Top News

Richard Lai / Engadget:
Xiaomi unveils $750 Mi Notebook Air laptop in 13.3" and 12.5" sizes, launches in China August 2  —  It wouldn't be a Xiaomi event if it was just announcing one product.  In addition to the new Redmi Pro smartphone, the Chinese company threw in a huge surprise by launching its first-ever laptop line …
Leena Rao / Fortune:
Tim Cook says Apple Pay now accounts for 75% of all contactless payments made in the US  —  Apple reported better than expected earnings this afternoon, and one nugget shared on the call by CEO Tim Cook could be a good sign for the company's mobile payments service.
Daisuke Wakabayashi / Wall Street Journal:
Apple beats expectations with quarterly net income of $7.8B, down from $10.68B last year; iPad revenue grows for first time in 10 quarters, to $4.9B  —  Revenue drops for second straight quarter, but shares rise as results still top views  —  Apple Inc. said its quarterly profit fell 27% …
Alex Webb / Bloomberg:
Ina Fried / Recode:
Microsoft Pix is a free camera app for the iPhone that uses AI to enhance photos  —  Born in the company's research labs, Microsoft Pix focuses on taking better pictures of people.  —  Don't look now, but Microsoft is becoming a serious player in the world of iPhone apps.
Daniel Terdiman / Fast Company:
Inside the development of Facebook's $30K Surround 360 Camera, which was just open-sourced  —  Today, Facebook is releasing the open-source design of its 360-degree 3D camera.  Fast Company got an exclusive look behind the curtain.  —  Stapled to the wall outside a lab near Facebook's …
Anthony Ha / TechCrunch:
Mobile gaming company Scopely raises $55M Series B round led by Greycroft  —  Scopely is announcing that it has raised a $55 million Series B round of funding.  —  The Los Angeles-based company has built tools for promoting and monetizing mobile games — some of those games are developed in-house …
Ryan Mac / Forbes:
The genesis story of Niantic, a gaming skunkworks overlooked at Google, and Pokémon Go, which began as an April Fool's Google Maps prank  —  It's not hard to spot players of the most popular smartphone game of all time.  They have a peculiar way of carrying their devices in front …
Sensor Tower App Marketing Blog:
George Slefo / Ad Age:
Reddit to debut Promoted User Posts on August 4, a new ad offering that lets marketers sponsor user-generated posts  —  Marketers Will Be Allowed to Sponsor (Consenting) Redditors' Posts  —  Picture this: It's 2020 and Reddit is the third most downloaded app in Apple's App Store …
Twitter:
Twitter reports Q2 revenue of $602M, an increase of 20% YoY, 313M MAUs, up from 310M last quarter; stock drops on low Q3 guidance of $590M-610M in revenue  —  Dear Shareholders, We look forward to discussing our second quarter 2016 financial results with you at 2:00 p.m. PT today.

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Intercom:
From signed up to satisfied  —  Getting new users is easy; keeping them is hard.  Join Intercom co-founder Des Traynor as he explains how to bridge the gap between a company's initial traction and sustained success.
Zoho:
Zoho Assist teams up with Spiceworks to provide a free remote support tool for IT Pros!  —  Zoho Assist, a remote support and remote access offering from Zoho, has joined hands with Spiceworks, the world's largest community of IT pros.
Worldpay:
Join us on Nov 8th in Burlingame, CA  —  We're leading a panel on the future of web payments with guests Alipay, Samsung Pay and Amex.  Register here.
 

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