Techmeme
July 31, 2020, 12:55 PM

Top News

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.
Stephen Nellis / Reuters:
Bloomberg:
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.
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:
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.
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:
Casey Newton / The Verge:
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 …
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 …
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.
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 …
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.
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 …
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.

Sponsor Posts

Airtable:
The central nervous system of your business  —  Used by 80% of Fortune 100 companies, Airtable combines AI with the scale of an infinitely flexible, no-code system.  With all your data in one place, it's like mission control for your company.
Intel:
5G's most deployed platform  —  Powering live networks with built-in Inference across Core and RAN.  That's the power of Intel Inside®
Zoho:
Keep your business moving with delegated signing in Zoho Sign  —  Contracts piling up while you're traveling or stuck in back-to-back meetings?  With Zoho Sign's delegated signing feature, those delays will be a thing of the past.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Big Technology Podcast:
AI Backlash Intensifies, Nvidia GTC Preview, Meta's Embarrassing Delay
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Access:
Meet Starboy, the alien toy that hates being called AI
A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.
Subscribe to Access.
Hard Fork:
A.I. Goes to War + Is 'A.I. Brain Fry' Real? + How Grammarly Stole Casey's Identity
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
Great Chat:
What comes after the Girl Boss?
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Lenny's Podcast:
How I built a 1M+ subscriber newsletter and top 10 tech podcast | Lenny Rachitsky
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Tools and Weapons with Brad Smith:
Everybody Goes Home: How technology is helping prevent wildfires from spreading
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 12:55 PM ET, July 31, 2020.

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

Wall Street Journal:

Earlier Picks

Washington Post:
Associated Press: