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July 28, 2017, 11:30 AM
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| 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.
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| Yoolim Lee / Bloomberg: |
Expedia leads $400M round for Indonesian travel site Traveloka by contributing $350M; source says Traveloka is now valued at $2B — Traveloka Holding Ltd. raised $400 million in a funding round led by Expedia Inc. that conferred a $2 billion valuation on Indonesia's largest online travel startup … | Stipe / Nokiamob: |
As part of patent settlement, Nokia received upfront cash payment of €1.7B from Apple, Finnish company discloses during the earnings call — In today's financial results, Nokia mentioned that it had increased cash inflow thanks to an “up-front cash payment of approximately EUR 1.7 billion …
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Seeking Alpha, 9to5Mac, MacRumors, AppleInsider, iPhone Hacks, Cult of Mac, PhoneRadar, and PhoneArena
| Khari Johnson / VentureBeat: |
Facebook unveils Messenger Platform 2.1 with built-in natural language processing, a payments SDK, and bot-to-human handover protocol in open beta — Facebook today launched Messenger Platform 2.1 with new features to give developers and brands more ways to reach potential customers … | AltspaceVR Inc: |
AltspaceVR, a social platform for virtual reality, to shut down August 3 due to “unforeseen financial difficulties” — It is with a tremendously heavy heart that we let you all know that we are closing down AltspaceVR on August 3rd, 7PM PDT. The company has run …
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The Verge, Engadget, Silicon Valley Business …, GamesIndustry.biz, Road to VR, UploadVR, and TechCrunch. Tweets: @doracheng
| Nat Levy / GeekWire: |
Redfin prices IPO at $15 per share, higher than expected $12-$14, raising $138M, at a valuation of $1.2B — Redfin priced its initial public offering at $15 per share on Thursday night, above the anticipated range, signaling strong interest in the tech-powered real estate brokerage in advance … | Ingrid Lunden / TechCrunch: |
Will.i.am's wearable startup i.am+ acquires Wink smart home hub from Flex — Wink — the smart home hub and platform originally incubated inside the failed connected object maker Quirky, and then acquired by Flextronics (now known as Flex) as part-payment for Quirky's debts … | Juli Clover / MacRumors: |
USB 3.2 specification announced, which promises double data transfer speeds, or up to 20Gbps, over existing Type-C ports and cables — The USB 3.0 Promoter Group, comprising Apple, HP, Intel, Microsoft, and other companies, today introduced an upcoming USB 3.2 specification …
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Business Wire, Engadget, Mashable, On MSFT, Digital Trends, MSPoweruser, iPhone Hacks, AppleInsider, Neowin, TechSpot, Fone Arena, and ExtremeTech
| Katie Roof / TechCrunch: |
Meg Whitman says she will not be Uber CEO, is fully committed to HPE and is not going anywhere — Hewlett Packard Enterprise CEO Meg Whitman wants everyone to know that's not going to Uber. Bloomberg and Recode had reported that she was on the short list for the CEO spot …
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Bloomberg, Wall Street Journal, Los Angeles Times, CNNMoney, New York Times, TheStreet, Silicon Valley Business …, Axios, VentureBeat, CNBC, CNET, SiliconANGLE, Silicon Republic, Fortune, Business Insider, and Axios
Tweets: @megwhitman, @megwhitman, @ahess247, @megwhitman, and @danprimack
| 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 … | Peter Kafka / Recode: |
Sources describe Facebook's paywall plan: 10 free articles/month from a publisher before redirect to publisher's subscription site, with no cut for Facebook — Mark Zuckerberg says he doesn't want publishers' data, either. — Facebook says it wants to help publishers sell subscriptions.| Miles Brignall / The Guardian: |
UK regulator says Airbnb customers who leave early or decide not to to stay in accommodation will be able to leave a review starting August 31 — Accommodation website to allow guests who leave before the end of stay to post comments in bid to expose poor-quality listingsSponsor Posts
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