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August 3, 2017, 7:45 AM
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| Michelle Castillo / CNBC: |
Sources at ad agencies say a lack of analytics, disinterest of influencers, and other factors are driving clients from Snap, exacerbated by Instagram's strength — - Several agencies said advertiser interest in Snapchat is flat to dwindling, as many opt to move towards Instagram.| Josh Constine / TechCrunch: |
| Abigail Summerville / CNBC: |
Fitbit Q2: revenue of $353.3M, down from $586.5M YoY, vs. $341.6M est.; 3.4M devices sold; new smartwatch on track for launch ahead of holidays; stock up 6%+ — Fitbit reported quarterly results and revenue that beat analysts' expectations on Wednesday. — Here's how the company did compared to what Wall Street expected:
More:
The Verge, Fitbit Investor Relations, TechCrunch, Stock Market News …, Ubergizmo, 9to5Mac, SiliconBeat, Android Authority, and Reuters
Tweets: @jandawson, @laurengoode, @laurengoode, @laurengoode, @laurengoode, and @laurengoode
| Jeff John Roberts / Fortune: |
Bitcoin Cash is now the 3rd most valuable cryptocurrency with market value of ~$7B; Coinbase users threaten to sue over lack of support for Bitcoin Cash — A new version of bitcoin hit the market on Tuesday and, on its second day of trading, it has already tripled in price and its market cap …
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CNBC, PYMNTS.com, Futurism, SiliconANGLE, The Next Web, ExtremeTech, Ars Technica, Quartz, Slashdot, Reuters, Virtual Mining Bitcoin News, VentureBeat, Quartz, Digital Trends, and Motherboard. Tweets: @ericries
| Janko Roettgers / Variety: |
HBO security contractor says hackers stole “thousands of internal documents” in addition to episodes and have leaked personal info of a senior HBO executive — The HBO hack may have been worse than the initial leaks of a few unaired TV show episodes suggested.
More:
HackRead, Reuters, SiliconANGLE, lumendatabase.org, TechCrunch, International Business Times, CNNMoney, Axios, EW.com, Refinery29, CNBC, TechSpot, Business Insider, Engadget, IndieWire, Fortune, Gizmodo, Hollywood Reporter, Gothamist, and Hollywood Reporter
Tweets: @snoodit and @thrmattbelloni
| Canalys: |
Samsung and Apple worldwide smartphone sales were mostly flat YoY in Q2, but Chinese makers saw big growth: Huawei up 20% to ~38M, Oppo up 44%, Xiaomi up 52% — Palo Alto, Shanghai, Singapore and Reading (UK) - Wednesday, 2 August 2017 — Samsung continued to lead the worldwide smartphone market … | Nick Statt / The Verge: |
Asus ZenFone AR, which supports both Google's Tango AR and Daydream VR platforms, now available for pre-order from Verizon for $648 — Not a bad price for both augmented and virtual reality capabilities — Asus' new ZenFone AR, which supports both Google's Tango augmented reality tech … | Julie Verhage / Bloomberg: |
Study of 116 unicorns founded after 1994 finds that about half used complex stock mechanics to raise valuation, devaluing employee and early shareholder stakes — Study finds private valuations aren't grounded in reality — Employees, early investors often lose with stock provisions| Chris Duckett / ZDNet: |
DigiCert to acquire Symantec's web certificate business for about $950M up front in cash, and a 30% stake in DigiCert stock at close — DigiCert will part with $950 million upfront in cash, and hand Symantec a 30 percent stake in exchange for its website security unit.
More:
The Register, PE Hub Blog, Symantec, MarketWatch, MSPmentor, CRN, TheStreet, and Fortune
| Facebook: |
Facebook says it will start ranking faster loading web pages higher in News Feed over the coming months — We're always listening to our community to understand how we can improve their experience of News Feed. We've heard from people that it's frustrating to click on a link that leads to a slow-loading webpage.
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Facebook Media, Social Media Today, Business Insider, Digital Trends, International Business Times, Engadget, Android Police, Adweek, Recode, ZDNet, TechCrunch, The Verge, VentureBeat, and Mashable
Tweets: @auchenberg, @joshconstine, @kurtwagner8, @shanbow, and @davisshaver
| Evan Blass / VentureBeat: |
Source: Note8 to have 6.3" SuperAMOLED screen, Snapdragon 835 in US or Exynos 8895 globally, IP68-certification, two 12MP rear cameras with OIS, 3300mAh battery — As Samsung prepares to announce its stylus-equipped Galaxy Note8 on August 23 in New York City, information about the phone …
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BGR, 9to5Google, International Business Times, Softpedia News, Ubergizmo, Tom's Guide, Pocket-lint, AndroidGuys, Gotta Be Mobile, Mashable, SlashGear, Droid Life, Neowin, TmoNews, MSPoweruser, Liliputing, Android Authority, PhoneDog.com, Business Insider, Android and Me, The Verge, Android Police, Android Beat, and 9to5Google. Tweets: @amitbhawani
| Elzio Barreto / Reuters: |
Chinese online peer-to-peer lending marketplace Dianrong raises $220M Series D led by Singapore's sovereign wealth fund GIC — HONG KONG (Reuters) - Chinese peer-to-peer lending platform Dianrong has raised $220 million from Singapore sovereign fund GIC Pte Ltd [GIC.UL] …
More:
FinSMEs, DealStreetAsia, China Money Network, TechNode, Crowdfund Insider, and Tech in Asia
| Alex Kantrowitz / BuzzFeed: |
Facebook-Google duopoly in online advertising has survived multiple challenges, such as Snap's rise, increasing worry among publishers and some advertisers — For well over a year now, the digital advertising and publishing industries have grappled with the growing power of Google and Facebook …
Tweets: @larakiara
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