Techmeme
July 25, 2017, 1:55 AM

Top News

Alphabet Investor Relations:
Alphabet Announces Second Quarter 2017 Results  —  Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended June 30, 2017.  —  “With revenues of $26 billion, up 21% versus the second quarter of 2016 and 23% on a constant currency basis …
Steve Kovach / Business Insider:
Alphabet: Q2 revenue of $26.01B, up 21% YoY, vs $25.64B est., net income of $3.52B with EC fine, CPC down 26%, and paid clicks on Google properties up 61% YoY  —  Google's parent company Alphabet beat expectations for its second-quarter earnings on the top and bottom lines …
Miguel Helft / Forbes:
Google CEO Sundar Pichai appointed to Alphabet board of directors as its 13th member  —  Google CEO Sundar Pichai, who has led the company for the past two years, is joining the board of directors of Alphabet, Google's parent company said on Monday.  —  The more represents a vote of confidence …
Terri Cullen / CNBC:
KKR's Internet Brands to acquire WebMD in $2.8B deal, for $66.50 per share, which is a 20% premium to Friday's closing price  —  - Prior to the acquisition WebMD ran a five-month auction and solicited bids from more than 100 companies and private-equity firms.
Samuel Gibbs / The Guardian:
Microsoft Paint, first released with Windows 1.0 in 1985, to be “removed or deprecated” in the Windows 10 Fall Creators Update; Paint 3D to remain  —  Long-standing basic graphics editing program, used throughout childhoods since the 1980s, has been marked for death
Jon Russell / TechCrunch:
Grab raises $2B from SoftBank and Didi Chuxing, which says the round could expand by $500M, to help defeat Uber in SE Asia; source: Grab valuation now over $6B  —  Grab, the ride-hailing company competing with Uber in Southeast Asia, has pulled in $2 billion of new financing …
Bloomberg:
Microsoft designs new AI chip for next version of HoloLens, which will let mixed reality goggles recognize speech and images on device instead of the cloud  —  New HoloLens processor will let mixed reality goggles recognize speech and images  —  Tech companies are keen …
Chris Kirkham / Wall Street Journal:
Expedia and Priceline boost inventory of home-rental options to challenge Airbnb, with Priceline Group's Booking.com upping vacation rental inventory by 50% YoY  —  Online travel giants are boosting inventory of home-rental options that can be booked similarly to a hotel, with just a few clicks

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Featured Podcasts

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Software In Shambles, OpenAI vs. Anthropic Super Brawl, Amazon's Struggles
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Hard Fork:
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Channels with Peter Kafka:
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Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
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Cheeky Pint:
Elon Musk on Space GPUs, AI, Optimus, and his manufacturing method
Stripe cofounder John Collison interviews founders, builders, and leaders over a pint.
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Great Chat:
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A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
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Tools and Weapons with Brad Smith:
Special Edition: Key findings from the Microsoft AI Diffusion Report
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
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More News

Wall Street Journal:

Earlier Picks

Paula Dwyer / Bloomberg: