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July 31, 2019, 5:10 PM
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| 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).
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Business Wire, Spotify, Financial Times, The Verge, VentureBeat, TechCrunch, CNET, 9to5Mac, iMore, iPhone in Canada Blog, RAIN News, iPhone Hacks, Cult of Mac, Reuters, MacRumors, Engadget, Memeburn, Quartz, and Bloomberg
| 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.
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Samsung Global Newsroom, CNBC, AnandTech, Reuters, Bloomberg, Engadget, 9to5Google, Gizchina, FutureSin, Android Police, Digital Trends, Android Authority, PYMNTS.com, BBC, TechCrunch, Wall Street Journal, SiliconANGLE, AppleInsider, Financial Times, and Reuters
Tweets: @neiltwitz and @neiltwitz
| 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.| 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 …
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SiliconANGLE, AppleInsider, Financial Times, Mashable, Neowin, Thurrott, Variety, Engadget, The Verge, Reuters, and The Streamable. Tweets: @alexeheath
| 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 … | 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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Digital Trends, Axios, PYMNTS.com, BetaKit, Business Insider, Fast Company, Crunchbase News, and WWD
| 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
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Engadget, CNET, Variety, Axios, The Verge, Light Reading, and The Streamable
| 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 …
Tweets: @parismartineau and @nxthompson
| 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.| 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.
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TechNode, CryptoGlobe, and PYMNTS.com
Tweets: @theanchor_io, @jp_koning, @coindesk, @karolcummins, and @baidakova
| Sean O'Kane / The Verge: |
DJI unveils new goggles for its drones, offering a 720p streaming first-person view, and a new controller, both geared toward racing and available now from $819 — The Chinese giant's first serious move into a growing niche market — DJI is making a fairly bold move into the world of first-person view …
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DroneDJ, Engadget, DroneDJ, TechCrunch, and CNET
| 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 …
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9to5Google, ZDNet, and Tom's Hardware
| 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 …
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PR Newswire, FinSMEs, Reuters, PE Hub Blog, The Times of Israel, VentureBeat, CTECH, and PYMNTS.com. Tweets: @starkupnation
| 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.| 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 … | 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.| Zack Whittaker / TechCrunch: |
Researcher discovers unsecured Honda database, now secured, containing 134M rows of employee systems data that could help hackers compromise its systems — An exposed database at automotive giant Honda allowed anyone to see which systems on its network were vulnerable to unpatched security flaws …
More:
Rainbowtabl.es, Threatpost, BleepingComputer, and DataBreaches.net
| Dan Seifert / The Verge: |
Samsung announces Galaxy Tab S6, its 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 …
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BetaNews, Ars Technica, SiliconANGLE, Laptop Mag, Android Police, TechCrunch, 9to5Google, Gizmodo, XDA Developers, Engadget, Tom's Guide, and Digital Trends
Tweets: @dcseifert and @backlon
| Sarah Scoles / The Verge: |
Newly-released documents on Sentient, the NRO's ambitious analysis tool meant to guide spy satellites to areas of interest, raise more questions than answers — Meet the classified artificial brain being developed by US intelligence programs — At the final session of the 2019 Space Symposium …
Tweets: @scolessarah, @alishagrauso, @verge, @scolessarah, and @daniel_bilar
| Paul Sawers / VentureBeat: |
Harver, which offers pre-hire assessment software for high-volume hiring in enterprises, raises $15M Series B from Insight Partners — The robots are coming to steal our jobs, or so the popular narrative goes, but the reality of automation's impact on the workforce is somewhat more nuanced.
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ReadWrite, Tech.eu, FinSMEs, and EU-Startups
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