| Bloomberg: |
Sources: President Trump plans to sign an order to direct China's ByteDance to divest its ownership of TikTok — President Donald Trump plans to sign an order to direct China's ByteDance Ltd.'s to divest its ownership of the popular U.S.-based music-video app TikTok, according to people familiar … | Financial Times: |
Sources: Nvidia in talks to buy Arm in a cash-and-stock deal that would value it at more than the $32B SoftBank paid to buy the UK chip designer in 2016 — US chipmaker seeks cash-and-stock purchase of UK chip designer from its Japanese owner — US chip company Nvidia is in talks to buy … | Sarah Perez / TechCrunch: |
Facebook confirms it will begin rolling out official music videos across its platform in the US, and introduce a new Music destination within Facebook Watch — Facebook today confirmed it will begin rolling out official music videos across its platform in the U.S., as TechCrunch first reported … | Bloomberg: |
Sources: Facebook has made deals with Sony, UMG, and Warner Music for the right to show music videos and approached artists about exclusive rights to videos — - Social giant also could bankroll some video production — Music videos have surged on YouTube during the pandemic| Caitlin Dewey / OneZero : |
A look at the “hustle economy”, where unemployed teachers, cooks, and dancers are turning to Patreon, Twitch, and OnlyFans to monetize their digital offerings — Unemployed teachers, cooks, dancers are turning to Patreon, Twitch, and OnlyFans — e have nothing to sell besides physical touch.| Jay Peters / The Verge: |
In an update to the July 15 hack, Twitter says a few employees were targeted in a phone spear phishing attack, and it had since limited access to internal tools — ‘This attack relied on a significant and concerted attempt to mislead certain employees’ — Twitter provided an update … | Politico: |
North Face and Heineken are among the companies who say they will resume Facebook ads from August, Levi Strauss and Smucker Co. will continue the boycott — More than 1,000 organizations stopped ads for the month of July, without getting many concessions. Can they keep it going and build global pressure?| Facebook: |
| Salvador Rodriguez / CNBC: |
| Casey Newton / The Verge: |
| Makena Kelly / The Verge: |
Emails from Jeff Bezos and other Amazon employees suggest the acquisition of Ring was for “market position - not technology” — ‘And that market position and momentum is very valuable’ — On Wednesday, the House Judiciary Committee held its last hearing as part … | Chance Miller / 9to5Mac: |
| Steven Musil / CNET: |
Twitter permanently bans the account of white supremacist David Duke — Duke's Twitter account was “permanently suspended” for violating the company's policy against hateful conduct, a spokesperson for the social network says. — White supremacist David Duke has been permanently banned … | Apple: |
Apple reports Q3 revenue of $59.7B, up 11% YoY, of which $46.5B came from products, $13.1B from services, and net income of $11.2B; stock up 6%+ — Revenue up 11 percent and EPS up 18 percent to new June quarter records — Apple today announced financial results for its fiscal 2020 third quarter ended June 27, 2020.| Bloomberg: |
| Kevin Roose / New York Times: |
The hearing at times felt like gaslighting, with the CEOs trying to convince lawmakers that the evidence the House collected wasn't really evidence of anything — It is less clear that tech executives' strategy of evasive answers will continue to work now that lawmakers have begun doing their homework.| Bloomberg: |
The French startup scene also suffers from a lack of diversity, but it cannot be measured because it is mostly illegal in France to track people's ethnicity — - Bloomberg polled top venture capital firms on diversity policy — 'Absence of ethnic diversity doesn't seem to bother investors'| Sean Keane / CNET: |
Canalys, Counterpoint, and IDC agree that Huawei became the biggest smartphone vendor in Q2, surpassing Samsung, and pushing Apple to the third place — Samsung and Apple held the top spot for years, but Canalys Counterpoint and IDC say the coronavirus pandemic gave the Chinese company the edge.| Amy Lewin / Sifted: |
Netherlands-based “Slack for doctors” app raises $10.5M Series A led by Heal Capital, with Philips Health Technology Venture Fund and EQT Ventures participating — The collaboration tool for medics wants to ensure you never have to explain why you're in hospital 20 times over ever again.| Todd Bishop / GeekWire: |
Porch, which connects homebuyers to movers, insurance providers, TV/internet companies, and others, to go public at a $523M valuation via merger with a SPAC — Porch, a real estate technology venture and home improvement marketplace that has spent four years quietly renovating its own business … | Alphabet: |
Alphabet reports Q2 revenue of $38.3B, down 2% YoY, net income of $6.96B, down from $9.9B YoY, Other Bets operating loss grew to $1.1B — MOUNTAIN VIEW, Calif. - July 30, 2020 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended June 30, 2020.| Jennifer Elias / CNBC: |
| Amazon.com: |
Amazon reports Q2 revenue of $88.91B, up 40% YoY, net income of $5.2B, up from $2.5B in Q1 2019, and AWS revenue of $10.81B, up 29%; stock up 4%+ — SEATTLE—(BUSINESS WIRE)—Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its second quarter ended June 30, 2020.
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| Wall Street Journal: |