| Michael Sheetz / CNBC: |
Twitter's Q2 revenue of $574M beats expectations, but monthly active users remain flat at 328M; advertising revenue decreased 8% YoY to $489M; shares fall 12%+ — - Twitter posted better-than-expected earnings and revenue growth in its second-quarter earnings report.| Kurt Wagner / Recode: |
| Kif Leswing / Business Insider: |
Apple confirms it has discontinued iPod nano and iPod shuffle; iPod touch now starts at 32GB for $199, 128GB for $299 — Apple updated its iPod lineup on Thursday and discontinued the iPod Nano and iPod Shuffle. — They were the last two iPods that didn't run iOS, the same software that runs on the iPhone.| Micah Singleton / The Verge: |
Google plans to merge Google Play Music with YouTube Red to create a new streaming service, YouTube's head of music Lyor Cohen confirmed — One service to cover everything (almost) — YouTube's head of music confirmed that the company is planning on merging its Google Play Music service … | Wall Street Journal: |
Samsung posts record net profit of $9.9B in Q2, up 89% YoY, boosted by strong chip and Galaxy S8 sales, revenue rose to $54.8B, up 19.8% — Results position the company to top Apple in quarterly profits — SEOUL—Samsung Electronics Co. delivered its biggest-ever quarter of profits … | Bloomberg: |
Jeff Bezos surpasses Bill Gates as world's richest person, with a net worth of ~$90.9B, as Amazon rose in intraday trading; Gates held the top spot since 2013 — His net worth climbs more than $1 billion in intraday trading — Gates has held top spot on Bloomberg wealth index since 2013| Joseph Menn / Reuters: |
Sources: Facebook traced accounts targeting Macron to tools used in past by Russia's GRU; 70K French propaganda or spam accounts closed, up from 30K in April — SAN FRANCISCO (Reuters) - Russian intelligence agents attempted to spy on President Emmanuel Macron's election campaign earlier … | Paul Sawers / VentureBeat: |
Kickstarter CEO and cofounder Yancey Strickler to step down later this year as the firm searches for his replacement — Yancey Strickler, cofounder and CEO of Kickstarter, has announced that he's stepping down from the crowdfunding giant later this year. A hunt for his replacement is now in motion.| Rita El Khoury / Android Police: |
LG's mobile division lost $117.2M in Q2, down from a $132M loss in Q2 2016, on $2.39B revenue; LG blames “weaker than expected” G6 sales — LG Home Appliance and Air Solutions Company Again Leads All Business Units; — Overall Profitability and Revenues Up Despite Challenging Quarter for Mobiles| Bloomberg: |
Sources: Slack is raising $250M, led by SoftBank and Accel Partners, valuing the company at more than $5B — Messaging startup is set to be valued at more than $5 billion in new funding round. — Slack Technologies Inc. is raising about $250 million in a funding round co-led by SoftBank Group Corp. … | U.S. Department of Justice: |
| CNBC: |
Sources: Amazon's 1492, a skunkworks lab, is working on healthcare tech including a platform for medical records, telemedicine, and apps for devices like Echo — - Areas of exploration include a platform for electronic medical record data, telemedicine and health apps for existing devices like the Amazon Echo.| Matt Egan / CNNMoney: |
Amazon and Facebook topped $500B market cap for the first time on Wednesday and Thursday respectively, driven by strong quarterly growth — Earnings fuel Wall Street's record run — Facebook and Amazon have joined an exclusive club open to only the richest companies in the world: both crossed the half-a-trillion mark.| Lexi Sydow / App Annie: |
App Annie: Users spent $15B in Q2 on iOS and Android apps, up 35% YoY; emerging markets drove Play Store app downloads' 20% YoY growth, widening lead over iOS — We close the books on a big Q2 that featured Google Play and iOS battling for worldwide download and consumer spend supremacy.| Zoey Chong / CNET: |
PayPal partners with Baidu to connect its 17M merchants to Baidu's 100M wallet users — If you're a PayPal global merchant, you'll now have access to another 100 million potential online shoppers. — There are over 1.3 billion consumers in China, and PayPal wants a piece of the market.| WhatsApp Blog: |
WhatsApp announces it has 1B users every day, up from 1B users per month in February last year — Just last year, we shared that one billion people around the world use WhatsApp every month. Today, we are excited and proud to share that one billion people around the world use WhatsApp every … | Aradhana Aravindan / Reuters: |
Amazon launches its two-hour delivery service, Prime Now, in Singapore, taking on Chinese rival Alibaba — SINGAPORE (Reuters) - Amazon.com Inc launched its two-hour delivery service in Singapore on Thursday, marking the e-commerce giant's biggest push into Southeast Asia and its first head …
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| Natalie Gagliordi / ZDNet: |
| Ina Fried / Axios: |
| Tom Krazit / GeekWire: |
| Sarah Buhr / TechCrunch: |
| Roberto Baldwin / Engadget: |