| Cho Mu-Hyun / ZDNet: |
Samsung posts Q2 operating profit of ~$5.6B, down 56% YoY, on revenue of ~$47.4B, down 4% YoY, after profits from its chip and mobile businesses declined YoY — Samsung expects “persistent uncertainties” in the memory business for the remainder of the year but will pursue an aggressive investment plan in the second half.| Russell Brandom / The Verge: |
Apple joins Google, Facebook, and Twitter in the open-source Data Transfer Project, will develop interoperable systems to bring data in and out of iCloud — Just over a year after its official launch, the Data Transfer Project is announcing a new set of partners and features.| Tim Ingham / Music Business Worldwide: |
Spotify reports 108M paying subscribers in Q2, up 31% YoY, and an operating loss of €3M on revenue of €1.67B, up 31% YoY — Spotify closed its second calendar quarter this year with 108m paying subscribers and 232m total Monthly Active Users (MAUs).| Apple: |
| Chris Welch / The Verge: |
| Todd Haselton / CNBC: |
| Megan Scudellari / IEEE Spectrum: |
Researchers from UCSF and Facebook Reality Labs have successfully decoded question-and-answer dialogue from brain signals in real time, via brain implants — The project is the first to decode question-and-answer speech from brain signals in real time — In 2017, Facebook's Mark Chevillet … | Alex Heath / The Information: |
Sources: Facebook is working on a new TV device that can stream video and make video calls using its Portal tech, and has approached Netflix, Disney, and others — Facebook has approached Netflix, Disney and other media companies about putting their streaming services on a new Facebook device … | Wall Street Journal: |
Four major broadcast networks sue Locast, which is funded by AT&T, to try to stop it from freely retransmitting the signals of their local TV stations — CBS, ABC, NBCU and Fox say AT&T-funded Locast is retransmitting their signals without permission and in violation of copyright law| Richard Waters / Financial Times: |
Filings: Alphabet's cash pile reached $117B, surpassing Apple's as the world's largest for the first time in 10 years, as Apple's declined from $163B to $102B — The corporate world has a new king of cash. The title for the company with the biggest financial reserves, held by Apple for a decade … | Paris Martineau / Wired: |
Behind the rise of the funeral livestreaming industry in the US, where an estimated 20% of funeral homes offer livestreaming services — It was early enough in the morning that Natalie Levy probably shouldn't have been awake—she had recently left a high-stress job at a private-equity firm in San Francisco … | Dan Seifert / The Verge: |
Samsung announces Galaxy Tab S6, it's most high-end Android tablet, with a 10.5-inch OLED display and Snapdragon 855, coming September 6 for $649+ — Thinner, lighter, and faster than the Tab S4 — Samsung has officially announced the new Galaxy Tab S6, a high-end Android tablet that's designed … | Connie Loizos / TechCrunch: |
Lightricks, which makes the popular selfie editing app Facetune, raises $135M Series C led by Goldman Sachs at a post-money valuation of $1B — Facetune, a photo editing app that empowers users to cover their gray hairs, refine their jaw lines, and reshape their noses … | Chris Welch / The Verge: |
In an apparent bid to sway Trump after he rejected Apple's request for Mac Pro part import exclusions, Tim Cook says Apple plans to make the Mac Pro in the US — But reports indicate new model will at least begin production in China — During this afternoon's call with investors … | Anna Baydakova / CoinDesk: |
Sources: Chinese importers in Russia buy ~$30M worth of tether, a USD pegged crypto coin, every day, to send large sums of money back home — The Takeaway — Chinese importers in Russia are buying up to $30 million a day of tether (USDT) from Moscow's over-the-counter trading desks.| Kyle Wiggers / VentureBeat: |
Amazon announces general availability of Neural Text-to-Speech and “newscaster style” in Amazon Polly, its cloud service that converts text to speech — Not to be outdone by Google's WaveNet, which mimics things like stress and intonation in speech by identifying tonal patterns … | Frederic Lardinois / TechCrunch: |
Google says its Titan security keys are now available in Canada, France, Japan, and the UK, expanding beyond the US — Google today announced that its Titan Security Key kits are now available in Canada, France, Japan and the UK. Until now, these keys, which come in a kit with a Bluetooth key … | Raymond Zhong / New York Times: |
Trump's ongoing trade war with China has been a boon for Vietnam, as some tech companies, like Apple and Nintendo, consider shifting production there — Samsung already assembles half of its handsets in the country, which got a big lift from U.S. tariffs on Chinese goods. Now Apple is homing in.| Paul Sawers / VentureBeat: |
Waze now lets Carpool drivers invite up to four other riders to join a carpool; previously, riders beyond the first had to initiate requests to join a carpool — Waze, the community navigation app owned by Google, now allows Carpool users to invite multiple people to join a ride.| Kate Clark / TechCrunch: |
Toronto-based Clearbanc, which offers $10K-$10M investments in e-commerce startups, says it raised $50M led by Highland Capital and announces a new $250M fund — That company disrupting venture capital just raised more venture capital. — Clearbanc has attracted $300 million …
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| Dell Cameron / Gizmodo: |
| Darrell Etherington / TechCrunch: |
| Emil Protalinski / VentureBeat: |
| Steve Dent / Engadget: |
| Catalin Cimpanu / ZDNet: |
| Devlin Barrett / Washington Post: |