Techmeme
July 31, 2019, 7:00 PM

Top News

Tim Ingham / Music Business Worldwide:
Spotify reports 108M paying subscribers in Q2, up 31% YoY, revenue of €1.67B, up 31% YoY, and an operating loss of €3M  —  Spotify closed its second calendar quarter this year with 108m paying subscribers and 232m total Monthly Active Users (MAUs).
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 …
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.
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.
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
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.
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 …
Rebecca Aydin / Business Insider:
Sex tech startups protest outside Facebook's NYC offices, saying it bars them from running ads, and launch site to show alleged double standard of ad approvals  —  - The women's wellness companies say Facebook has not allowed them to run ads for their products on Facebook or Instagram.
Shara Tibken / CNET:
A look at the potential benefits of 5G in a variety of applications and services, including AR/VR, healthcare, emergency response, connected cars, and broadband  —  Take a five-minute walk behind Qualcomm's main office in San Diego and you'll find an unlikely kind of lab.
Stephanie Condon / ZDNet:
Qualcomm misses with Q3 revenue of $4.9B, down 13% YoY, and licensing revenue of $1.29B, down 10% YoY; stock down 4%+ after hours  —  Qualcomm says it is well positioned for the 5G ramp to come in early 2020.  —  Qualcomm published its third quarter financial fiscal 2019 results on Wednesday …
More: Qualcomm, CNBC, and Macworld
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.
Olivia Carville / Bloomberg:
Court filing: former IBM HR VP Alan Wild says the company has fired 50,000 to 100,000 staff in recent years; ongoing litigation argues older staff were targeted  —  - Moves were to make IBM appear as ‘cool’ as Google and Amazon  — Big Blue is facing several age-discrimination lawsuits
Tweets: @zachweinberg
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 …

Sponsor Posts

Tribe AI:
Build AI that works  —  Tribe builds tech for top AI companies.  Get in touch to learn how our bench of 500+ engineers and researchers can accelerate your roadmap.
Kulkan Security:
Hire Kulkan as your penetration testing partner  —  Kulkan prioritizes deep-dive manual security reviews, dissecting your software and infrastructure to find issues that once remediated can truly reduce security risk.
Zoho:
Environmental impact of remote support: Reducing carbon footprints in IT  —  Information technology is essential for powering core business processes and facilitating communication.
Mastodon:
Donate to Mastodon  —  Mastodon gGmbH, the non-profit behind the open-source software powering the social web, relies entirely on support from users like you.  Donate directly with a credit card or through Patreon.
The Kevin Rose Show:
Magatte Wade, Unlocking Prosperity in Africa (#53)
Gain unconventional wisdom and insights through conversations with top expert in AI, investing, wellness, technology, and culture.
Techmeme Ride Home:
Thu. 04/18 - Game Emulators On iOS And The Atlas Robot Lives!
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 7:00 PM ET, July 31, 2019.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Dan Seifert / The Verge:

Earlier Picks

Dell Cameron / Gizmodo:
Megan Scudellari / IEEE Spectrum:
Darrell Etherington / TechCrunch:
Apple:
Emil Protalinski / VentureBeat:
Steve Dent / Engadget:
Catalin Cimpanu / ZDNet: