| Stan Higgins / CoinDesk: |
SEC issues investigative report concluding DAO tokens, a digital asset, were securities, and securities law “may apply” to token sales — The US Securities and Exchange Commission said today that the offering and sale of digital tokens “are subject to the requirements of the federal securities laws”.| Wall Street Journal: |
Trump says Tim Cook has promised Apple will build three “big, beautiful plants” in US, adding they'd be “big, big, big” but no details on timetable or location — Apple declined to comment on president's remarks, which didn't include where or when plants would be built| Dean Takahashi / VentureBeat: |
AMD reports Q2 revenue of $1.22B, up 19% YoY, vs ~$1.16B expected, and a net loss of $16M; shares jump 7%+ — Advanced Micro Devices posted a GAAP second-quarter loss of 2 cents a share and 2 cents a share profit on an adjusted basis, even as it continued with the launch of its most competitive chips in a decade.| Frederic Lardinois / TechCrunch: |
Adobe says it will stop updating and distributing Flash at the end of 2020 — Adobe today announced that Flash, the once-ubiquitous plugin that allowed you to play your first Justin Bieber video on YouTube and Dolphin Olympics 2 on Kongregate, will be phased out by the end of 2020.| Matt Pressberg / The Wrap: |
AT&T beats expectations in Q2 ahead of Time Warner takeover, with $39.8B in revenue, 2.8M wireless net additions, and best-ever 50% margin on wireless — Telecom giant's $85 billion deal is expected to close by the end of the year — A growing and profitable wireless business helped telecom giant … | Johana Bhuiyan / Recode: |
Uber overhauls driver support systems and policies in a bid to decrease turnover; drivers can expect quicker fare fixes and protection from unfair bad ratings — Drivers can expect quicker fare fixes and protection from bad ratings for things that are out of their control.| Bérénice Magistretti / VentureBeat: |
Khosla Ventures leads $50 million investment in Vicarious' AI tech — Vicarious, which is working on narrowing the gap between human and artificial intelligence, announced today that it has raised $50 million in a round led by Khosla Ventures. — The Union City, California-based startup … | Davey Alba / Wired: |
Google files injunction in US district court against Canadian court order to globally alter search results, arguing that doing so in US violates First Amendment — IN JUNE, CANADA'S Supreme Court came down on Google—hard. It ruled that the tech giant must take down certain Google search results for pirated products.| Yossi Matias / Google: |
Google adds SOS Alerts in Search and Maps to provide users with information in a crisis — In times of crisis, access to timely, actionable information is crucial. Working alongside trained responders and volunteers on the ground, technology plays a vital role in providing information … | Camila Russo / Bloomberg: |
LedgerX is set to become the first federally regulated cryptocurrency options exchange and clearinghouse in the US after receiving CFTC license — LedgerX becomes the first regulated bitcoin options exchange — CFTC authorized company to provide clearing services for swaps| Paul Sawers / VentureBeat: |
Giphy launches its GIF Maker tool for mobile browsers — Giphy, the online database and search engine for all things GIF, has announced that it's launching its popular GIF Maker tool for mobile web browsers. — First introduced for desktop browsers back in 2015, GIF Maker is a fairly simple tool … | Alex Kantrowitz / BuzzFeed: |
Companies are increasingly paying Facebook to promote positive press, steering ad dollars away from publishers — When the workplace gossip app Blind expanded its product's availability earlier this summer, it got the word out via an age-old tactic: advertising.| Natasha Lomas / TechCrunch: |
Barcelona-based keyboard startup ThingThing reaches deal with founders of keyboard app Fleksy to continue development, after Pinterest acqui-hired Fleksy — Third party keyboards might seem like an app fad blast from the recent past. But the smartphone keyboard space could be set for a shake … | Eric Newcomer / Bloomberg: |
Sources: Lyft's Q2 gross bookings grew ~25% YoY from $800M to $1B+, a faster rate than Uber during the same period — The company's gross bookings rose 25% quarter over quarter — Lyft has seized on competitor Uber's many public stumbles — Lyft Inc.'s business has been booming … | Tony Romm / Recode: |
House Republicans invite CEOs of Facebook, Google, AT&T, Comcast, and others to testify on Sept. 7 about solving net neutrality with a new framework — A key House committee just scheduled a September 7 hearing. — House Republicans are asking the chief executives of tech and telecom rivals … | Pan Yue / China Money Network: |
Beijing-based autonomous driving tech startup Momenta raises $46M Series B led by Sequoia Capital China, others; Daimler AG and Unity Ventures among investors — NIO Capital, a private equity fund established by Chinese electric car company NIO, has teamed up with Sequoia Capital China … | Graham Ruddick / The Guardian: |
Amazon says it plans to expand its London-based R&D department from 450 to 900 people as part of expansion of UK workforce to 24K staff by end of 2017 — Company will increase number of workers focusing on Prime Video service in capital from 450 to 900| Joyce Lee / Reuters: |
LG Display says it will invest $13.5B to boost output of OLED displays over the next three years, increasing its rivalry with Samsung — SEOUL (Reuters) - LG Display Co Ltd (034220.KS) outlined plans to invest $13.5 billion to boost output of organic light-emitting diode (OLED) …
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