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Techmeme
July 27, 2017, 4:45 PM
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Top News

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 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 …
Bloomberg:
Jeff Bezos surpassed 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
Amazon.com:
Amazon reports Q2 revenue of $38B, up 25% YoY, as net income drops from $857M to $197M YoY; AWS revenue rose 42% YoY to $4.1B; headcount reaches 382K, up 31K  —  Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its second quarter ended June 30, 2017.
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.
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 …
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
Reuters:
Google says it aims to train 10M Africans in online skills over the next five years, alongside 100K software developers in Nigeria, Kenya, and South Africa  —  LAGOS (Reuters) - Alphabet Inc's Google aims to train 10 million people in Africa in online skills over the next five years in an effort …
John Shinal / CNBC:
Report: Google has bought 52 properties in Sunnyvale, California, for $820M to fill in gaps near other campuses  —  - The report comes one month after Google won exclusive rights with the city of San Jose to buy land there.  — Google, which said earlier this week it now has more than 72,000 employees …

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From Mediagazer

Alex Ritman / Variety:
In Channel 4's 2025 Alternative Christmas Message, Jimmy Kimmel said “tyranny is booming” in the US and, on his ABC suspension, “We won, the president lost”

Todd Spangler / Variety:
Trump says Stephen Colbert is a “pathetic trainwreck” and “CBS should, ‘put him to sleep,’ NOW”, after CBS aired a Late Show rerun in which Colbert mocked Trump

Henry Blodget / Regenerator:
Bari Weiss' 60 Minutes decision may have been a way to both signal that she's serious about shifting CBS' sensibility to the right and “improve” a story

More News

U.S. Department of Justice:
US Justice Department charges Russia's Alexander Vinnik on suspicion of laundering $4B+ funds via bitcoin, alleges funds obtained via Mt.Gox hack

Earlier Picks

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
WhatsApp Blog:
WhatsApp announces it has 1B users every day, up from 1B users per month in February last year
New York Times:
Foxconn says it plans to invest $10B in Wisconsin plant, creating 3,000 jobs, manufacturing flat-panel displays for TVs and other consumer electronics
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