Techmeme
July 7, 2017, 12:25 PM

Top News

Joyce Lee / Reuters:
Samsung Electronics forecasts record quarterly profit of ~$12B in Q2, up 72% year-over-year  —  Samsung Electronics Co Ltd (005930.KS) on Friday said its second-quarter operating profit likely rose 72 percent from a year earlier to a new record, beating analyst estimates, as strong memory chip prices helped widen margins.
Reed Albergotti / The Information:
Source: Jawbone to be liquidated, as founder Hosain Rahman moves to his new startup, Jawbone Health Hub, providing health-related hardware and software services  —  Jawbone, the consumer electronics firm once valued at $3 billion, is going out of business.  The company has begun liquidation proceedings …
Tim Bradshaw / Financial Times:
Qualcomm asks US ITC to ban imports of certain iPhone models using Intel components due to infringement of 6 patents that it claims are not standard-essential  —  Chipmaker claims infringement by some models and seeks ‘cease and desist’ order  —  Read next
CNBC:
Microsoft says it plans to cut thousands of jobs, mostly from its sales teams outside the US, starting today  —  Microsoft announced a major reorganization on Wednesday that will include thousands of layoffs, largely in sales.  —  The job cuts amount to less than 10 percent …
Lorenzo Franceschi-Bicchierai / Motherboard:
Interviews reveal a slow start for Apple's bug bounty program as some feel financial rewards are too small or reporting bugs would prevent research  —  In August 2016, Apple's head of security Ivan Krstic stole the show at one of the biggest security conferences in the world with an unexpected announcement.
Adam Satariano / Bloomberg:
SoundCloud cuts 173 employees, or about 40% of its staff, and plans to close its offices in San Francisco and London to cut costs and stay independent  —  Music service will close offices in San Francisco, London  —  SoundClound has struggled to compete against Spotify, Apple
Sarah Buhr / TechCrunch:
Self-driving car startup Comma.ai launches Panda, an $88 dongle that acts as a universal car interface and collects a car's data  —  George Hotz, aka geohot, is fidgeting in his living room, wearing dark shades and a giant comma on his t-shirt as he shows me his company's latest product, an $88 universal car interface called Panda.
Jason Toff / Google:
Google debuts Blocks, a free VR app for creating 3D objects, available on Oculus Rift and HTC Vive  —  Today, it takes complex software and a specific skillset to create compelling VR and AR experiences.  That software also requires building 3D objects on a 2D screen—something our brains aren't wired to do.
Andrew J. Hawkins / The Verge:
Uber rolls out rider tipping and its “pay for wait” program, penalizing riders who make drivers wait 2+ minutes, to over 100 US and Canadian cities today  —  A change is gonna come  —  Starting today, Uber's new in-app tipping option is being rolled out in 100 cities in the US and Canada …

Sponsor Posts

Microsoft:
Financial services industry banks on the Microsoft Cloud  —  Examples of scenarios and solutions companies are implementing to drive their digital transformation.
eero:
eero data report  —  Read about trends in connected device adoption, usage patterns and behaviors from 10 major metropolitan areas.
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:
Introducing Zoho ShowTime's Open Mic: Let your learners have their say!  —  Traditional classroom training has always enjoyed one significant advantage over virtual training - the personal touch.
Worldpay:
Join us at the Web Executive Forum on Nov 8th  —  We're moderating an awesome panel on the future of web payments.  See the full event agenda and register here.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 12:25 PM ET, July 7, 2017.

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.

More News

Jim Waterson / BuzzFeed:
Lauren Goode / The Verge:

Earlier Picks

Lucas Shaw / Bloomberg:
Wall Street Journal: