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July 31, 2018, 11:45 AM
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Mediagazer
memeorandum
WeSmirchTop News
| Richard Kerby: |
Review of ~1,500 VCs shows about 40% attended either Stanford or Harvard, and the group is 82% male, 70% white, 26% asian, 3% black, and 1% hispanic — The lack of diversity within venture capital is something I have been hard at work to try and remedy and I write about frequently.
More:
Quartz, Axios, AVC, and TechCrunch
Tweets: @christottman1, @pitdesi, @adambain, @kateglazebrook, @hodges, @ekp, and @rrhoover
| Bloomberg: |
Samsung misses Q2 estimates with an operating profit of ~$13.4B, up 5.7% YoY, on revenue of ~$52.19B, down 4% YoY, amid weak sales of Galaxy S9 — Samsung Electronics Co.'s net income fell short of analysts' estimates as slowing growth in the global smartphone market hits demand for its Galaxy devices … | Nick Statt / The Verge: |
WhatsApp group calling for voice and video, announced at F8, now live globally on iOS and Android, with end-to-end encryption and support for up to four users — Up to four people can chat simultaneously — Back at Facebook's F8 developer conference in May, WhatsApp announced … | Dean Takahashi / VentureBeat: |
Nintendo sells 19.7M Switch consoles to date, with net sales of $1.513B in the quarter ending June 30, up 9% YoY, and profit of $394.6M, up 42% YoY — Nintendo reported net sales of $1.513 billion for the first fiscal quarter ended June 30, up 9 percent from $1.386 billion for the same period a year ago.
More:
The Verge, PCMag, TechCrunch, IGN, Inquirer, Telegraph, Bloomberg, Neowin, Engadget, Thurrott.com, and Kotaku. Tweets: @notpatrick
| New York Times: |
A look at how robotic hands are evolving to perform more complex tasks on their own, thanks to advances in AI and machine learning — Robotic hands could only do what vast teams of engineers programmed them to do. Now they can learn more complex tasks on their own. — A robotic hand?| Ben Thompson / Stratechery: |
Despite Facebook's disappointing Q2 earnings, its moats are deeper than ever and its money-making potential is not only huge but growing — While I was mostly unplugged on my vacation last week, with the news of Facebook's disappointing earnings report and subsequent stock decline …
More:
getrevue.co and Howard Lindzon
| Catherine Shu / TechCrunch: |
Skyline AI, which uses data science and machine learning algorithms to help real estate investments, raises $18M Series A led by Sequoia Capital — A mere four months after coming out of stealth mode with $3 million in seed funding, real estate investment startup Skyline AI announced …
More:
VentureBeat, SiliconANGLE, PE Hub Blog, and Crowdfund Insider
| Paul Sawers / VentureBeat: |
Freshworks, which offers a range of customer support and sales software, has raised $100M Series G co-led by Sequoia and Accel Partners, at a $1.5B valuation — Freshworks, which offers a range of customer support and sales software, has raised $100 million in a series G round of funding co-led … | Axios: |
Sources: Yahoo Finance is launching a full-day live video streaming network by the end of the year that will include market and global financial news updates — Yahoo Finance is launching a full-day live video streaming network by the end of the year, three sources familiar with the plans tell Axios.| Kirsten Korosec / TechCrunch: |
Uber says it will stop development of self-driving trucks and instead focus on self-driving cars; Uber Freight is unaffected by this decision — Uber is shuttering its self-driving trucks unit, a beleaguered program borne out of the company's controversial multi-million acquisition of Otto nearly two years ago.
More:
Ars Technica, VentureBeat, TechSpot, SiliconANGLE, The Next Web, CNBC, FreightWaves, Mashable, Fortune, The Verge, SlashGear, Telegraph, CBS Pittsburgh, Seeking Alpha, Engadget, Financial Times, Slate, The Loop, and Business Insider. Tweets: @jillianiles
| Jeremy Horwitz / VentureBeat: |
Google officially launches the Chrome browser on its Daydream VR platform, with voice search, incognito mode, and a cinema mode that optimizes web video for VR — If you're excited by the prospect of browsing the web from the comfort of your VR headset, good news: Google is bringing … | Jamie Rigg / Engadget: |
Sony reports Q1 revenue of $17.9B with ~$1.8B in profit and 3.2M PS4 sales but lost ~$97M from its smartphone division and predicts those sales will worsen — Sony's new CEO Kenichiro Yoshida has been at the company's helm for just a few short months now, but fortunately … | Julia Alexander / Polygon: |
Social media has shifted from a distraction where comedians found success to a political conversation where old jokes can lead to the end of careers — How jokes became ammo during the social media platform's shift from distraction to political warzone — How do you make a dead baby float? You take your foot off its head.Sponsor Posts
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IDrive:
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Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
Channels with Peter Kafka:
The $12.5 Billion Lakers, the NFL's TV Fight, and Sports Media's Big Split
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
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Big Technology Podcast:
Nick Bostrom: Worries About AI Existential Risk Just Became More Concrete
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Training Data:
Rich Sutton and Khurram Javed: Why AI Models Stop Learning, and How to Start It Again
Sequoia Capital partners host conversations with leading AI builders and researchers to develop a deeper understanding of the evolving technologies and their implications.
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Invest Like the Best:
Ben Thompson on Big Tech, China, and the AI Boom Running Out of Money
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
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Lenny's Podcast:
OpenAI's Head of Design: This is the best time in history to be a designer | Ian Silber
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Tools and Weapons with Brad Smith:
Connecting the Unconnected: Doreen Bogdan-Martin
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
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