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July 31, 2020, 11:05 AM
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| 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 5%+ after hours — 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.
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Philip Elmer‑DeWitt, 9to5Mac, Thurrott, Philip Elmer‑DeWitt, CNBC, MSPoweruser, Gizchina, Macworld, Protocol, MacRumors, O'Grady's PowerPage, Digital Trends, Coinspeaker, Pocket-lint, Micky, ZDNet, CCN.com, PYMNTS.com, Ubergizmo, SiliconANGLE, iPhone Hacks, Trusted Reviews, Neowin, MACお宝 …, and The Hill
| Bloomberg: |
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Reuters, 9to5Mac, CNBC, Pocket-lint, and MacRumors
Tweets: @markgurman, @neilcybart, @mims, @tomwarren, @bleedsixcolors, and @chancehmiller
| Stephen Nellis / Reuters: |
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9to5Mac, CNET, CNBC, Softpedia News, BetaNews, AppleInsider, Nikkei Asian Review, Android Authority, MacRumors, and Appleosophy
Tweets: @caro_milanesi, @neilcybart, @somospostpc, @onlyyoontv, and @arjunkharpal
| Todd Haselton / CNBC: |
| Chance Miller / 9to5Mac: |
Internal emails from 2010 show how an Amazon ad prompted Steve Jobs and Phil Schiller to block in-app purchases of Kindle books on iOS — As part of the House Judiciary Committee's antitrust probe into Apple, lawmakers have released a variety of internal emails from Apple.
More:
The Verge, MacRumors, AppleInsider, Business Insider, and iPhone Hacks
Tweets: @caro_milanesi, @gartenberg, @hallstephenj, @reckless, @backlon, @dhh, and @markgurman
| 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 … | Juli Clover / MacRumors: |
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Gizmodo, VentureBeat, GamesIndustry.biz, and Engadget
Tweets: @markgurman, @dhh, @sam_l_shead, and @waltlightshed
| 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
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KnowTechie, iPhone in Canada Blog, MediaNama, and Reuters
Tweets: @alexisgoldstein, @kurtwagner8, and @banditelli
| 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 …
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Ars Technica, Decrypt, The Guardian, CyberScoop, International Business Times, Threatpost, Cointelegraph, Wall Street Journal, Graham Cluley, Associated Press, CNET, Business Insider, MacRumors, SecurityWeek, Silicon Republic, TechRadar, CoinDesk, TechCrunch, Pocket-lint, ComputerWeekly.com, Inc42 Media, CNN, Cryptonews, SlashGear, Bloomberg, Digital Trends, Mashable, and Reuters
Tweets: @twittersupport, @kurtwagner8, @kimzetter, @44, @andrealessi, and @lanceulanoff
| 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.
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Fox Business and The Verge
Tweets: @realdonaldtrump, @kunalmajumder, @robingivhan, and @geoffreyfowler
| David Dayen / American Prospect: |
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New York Times, CNBC, and Pro Market
Tweets: @peterrneumann, @ddayen, @ryanlcooper, @cwarzel, and @karlbode
| 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: |
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Wall Street Journal, Coinspeaker, The Verge, Digital Trends, PYMNTS.com, Bloomberg, Wall Street Journal, Benzinga, The Week, Yahoo Finance, Billboard, Fast Company, Fortune, AdExchanger, Digital Trends, and The Hill
Tweets: @lfdodds, @jgreenblattadl, @theregister, @sarthakgh, @sarahfrier, @b_fung, @alexeheath, @cnbcnow, and @mikeisaac
| Casey Newton / The Verge: |
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Engadget, CNBC, CNET, Social Media Today, New York Times, Coinspeaker, Reuters, Reuters, and Silicon Valley Business …
Tweets: @turnernovak, @reutersbiz, @kurtwagner8, @lexnfx, @marketrebels, @lorakolodny, @levynews, @rmac18, @dhh, @karissabe, @lexnfx, @tonyromm, @kurtwagner8, @loudmouthjulia, and @sarahfrier
| Salvador Rodriguez / CNBC: |
| 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.
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Thurrott, Protocol, AlphaStreet, The National Interest, Cloud Computing News, Android Police, 9to5Google, Variety, PYMNTS.com, Input, Investor's Business Daily, SDxCentral, The Hill, and Android Central
| Jennifer Elias / CNBC: |
| Ina Fried / Axios: |
Apple confirms new iPhone models will arrive a few weeks later than they have in years past, confirming earlier news reports and supplier comments — Apple's financial chief said Thursday that this year's new iPhone models will arrive a few weeks later than they have in years past …
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The Verge, Six Colors, International Business Times, Engadget, Axios, TechSpot, Six Colors, SlashGear, Engadget, Neowin, CNBC, iPhone in Canada Blog, and TechRadar
| 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.
Tweets: @ubi_works, @alexlaughs, @wmmna, @ibogost, @ozm, @30_helens, @bijanstephen, @gretchenamcc, @steverousseau, @techwontsaveus, @caitlindewey, @mvzelenks, and @rileygryc
| 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 5%+ after hours — SEATTLE—(BUSINESS WIRE)—Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its second quarter ended June 30, 2020.| Wall Street Journal: |
Sources: Affirm, a point-of-sale lender for e-commerce, is in early stage preparations for an IPO that would value the company at as much as $10B — Point-of-sale lender is working with Goldman Sachs in early-stage discussions of a potential listing — Affirm Inc. is laying the groundwork …
More:
TechCrunch, Crowdfund Insider, and PYMNTS.com
Tweets: @julieverhage, @ryan_browne_, @cararlombardo, @wsjmarkets, and @sarthakgh
| 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 …
More:
TechCrunch, Associated Press, The Verge, The Hill, Business Insider, and Axios
Tweets: @copia_copma1, @fox6now, @stopfundinghate, and @pkafka
| 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'
Tweets: @martinsfp, @technology, @hkanji, and @business
| South China Morning Post: |
Chinese importers are ramping up chip imports through Hong Kong before US sanctions shut the route; chip imports to China through Hong King are up 11% YoY — Re-exports of semiconductors through Hong Kong to the mainland jumped by 11 per cent in the first half of the year from the same period … Sponsor Posts
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