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July 30, 2021, 9:25 AM
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| Amazon.com, Inc.: |
Amazon reports Q2 revenue of $113.08B vs. $115.2B est., net sales grew 27% YoY, net income of $7.8B, and AWS net sales of $14.8B, up 37% YoY; stock down 5%+ — SEATTLE—(BUSINESS WIRE) July 29, 2021—Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its second quarter ended June 30, 2021.
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Barron's Online, New York Times, The Guardian, GeekWire, Fast Company, Barron's Online, CNN, CNBC, MarketWatch, Coinspeaker, The Register, Tamebay, PYMNTS.com, Android Central, Telegraph, The Times, Quartz, Investor's Business Daily, Adweek, Reuters, Yahoo Finance, ZDNet, Associated Press, Bloomberg, Australian Financial Review, The Verge, SiliconANGLE, Financial Times, CNET, Insider, Variety, Reuters, and Wall Street Journal
| Stephanie Bodoni / Bloomberg: |
In a filing, Amazon discloses that EU privacy regulators levied a record $888M fine for violating GDPR data storage rules in a July 16 decision — - Luxembourg watchdog wields new powers with highest data fine — Fine follows probe based on complaint by French privacy group
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Wall Street Journal, AppleInsider, The Verge, Engadget, Reuters, Politico, Variety, Insider, and CNBC
Tweets: @privacymatters and @carnage4life
| Jill Goldsmith / Deadline: |
Amazon reports Q2 “other” category revenue, which mostly covers its ad business, of $7.9B, up 83% YoY, and subscription services revenue of $7.9B, up 28% YoY — Amazon saw second quarter net sales of $113 billion, up 27% but below expectations, dinging the shares in late trading.| Reuters: |
Sources: SEC has stopped processing IPO and other registrations by Chinese companies as it crafts guidance for investors disclosures over China's crackdown — (Reuters) - The U.S. Securities and Exchange Commission (SEC) has stopped processing registrations of U.S. initial public offerings … | Maggie Fitzgerald / CNBC: |
Robinhood closes down 8% on its first day of trading, after raising $2.1B in its IPO at a valuation of around $32B — - Stock trading app Robinhood fell more than 8% on its first day of trading on the Nasdaq. — Robinhood's opening price was $38 per share.
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New York Times, The Verge, Crunchbase News, GlobeNewswire News Room, CNN, CNBC, Decrypt, Vox, Bloomberg, CNN, Cointelegraph, Wall Street Journal, PYMNTS.com, Silicon Valley Business …, The Economic Times, Reuters, New York Times, Bloomberg, PitchBook, Bitcoin News, Reuters, CNBC, CoinGeek, WRAL TechWire, SiliconANGLE, Yahoo Finance, Protocol, Bloomberg, StreetInsider.com, Fortune, Bloomberg, MarketWatch, Finextra, Crypto Briefing, Crunchbase News, CoinJournal, MarketWatch, Reuters, Forbes, Fast Company, PYMNTS.com, Bloomberg, The Irish Times, Silicon Republic, Coinspeaker, blockchain.news, Axios, Bloomberg, and Tech News
Tweets: @chrisbloomstran, @thestalwart, @bgurley, @schuldensuehner, @robinhoodapp, @vladtenev, @katie_roof, @mikeisaac, @cryptowendyo, @eringriffith, @dangillmor, @andrew__reed, @vojtech, @danprimack, @pkedrosky, @nycsouthpaw, @thestalwart, @tradingview, @benpopper, @eringriffith, @danprimack, @levynews, @felixsalmon, @wsbmod, @mylesudland, @zerohedge, @jordannovet, @chrisbloomstran, @felixsalmon, @chrisbloomstran, @chrisbloomstran, @chrisbloomstran, @chrisbloomstran, @chrisbloomstran, @mims, and @cnnbusiness
| Tom Wilson / Reuters: |
Binance says it will wind down futures and derivatives trading in Europe, amid regulatory pressure; users will have 90 days to close from a date specified later — Major cryptocurrency exchange Binance said on Friday it would wind down its futures and derivatives products offerings across Europe …
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Binance, CoinDesk, Decrypt, The Block, Coinspeaker, cryptodaily.co.uk, Crypto Briefing, and Cointelegraph
| Daniel Estrin / NPR: |
Source: NSO Group has temporarily blocked several government clients globally from using its technology as the company investigates their possible misuse — Israeli spyware company NSO Group has temporarily blocked several government clients around the world from using its technology … | Jay Peters / The Verge: |
Snap says it resolved an issue that prevented some Snapchat users from logging in and advises users to manually update the app if the issue persists — Snap resolved an issue preventing users from logging in — Snapchat experienced a massive issue Thursday evening, with more than 125,000 users reporting problems on Downdetector.
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inews.co.uk, iPhone in Canada Blog, TechRadar, ABC, Android Authority, 9News, 9to5Mac, and iMore
Tweets: @snapchatsupport and @snapchat
| Abner Li / 9to5Google: |
Neuralink, Elon Musk's brain-computer interface company, raises $205M Series C led by Vy Capital, with GV and others participating — In addition to SpaceX and Tesla, Neuralink is another Elon Musk company. Focused on building a brain machine interface, Neuralink today announced … | Nick Statt / Protocol: |
A look at the fallout from the Activision Blizzard suit, as the company confirms it fired WoW lead for misconduct last year and hires “union-busting” law firm — Activision Blizzard is in crisis mode. The World of Warcraft publisher was the subject of a shocking lawsuit filed …
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Kotaku, Kotaku, GamesIndustry.biz, New York Times, Rock, Paper, Shotgun, Gamasutra, Game Rant, Metro.co.uk, Eurogamer.net, Reviews, Inverse, PCMag, TechRadar, Game Rant, Game Rant, Polygon, GamesIndustry.biz, Gamasutra, MSPoweruser, PC Games Insider, The Verge, Dot Esports, Ars Technica, and thegamer.com
| Jonathan Greig / ZDNet: |
Researchers detail a never-before-seen attack against Iran's train system and transport ministry from a new threat actor using a reusable wiper called Meteor — SentinelOne analysts were able to recreate the July 9 attack and identify the threat actor behind it.
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SentinelLabs, HackRead, The Record, The Hacker News, BleepingComputer, and SecurityWeek
Tweets: @stick631, @thegrugq, and @campuscodi
| Kieran Leavitt / Toronto Star: |
Canada proposes the creation of a digital safety commissioner role to oversee violations of new harmful online content rules and issue penalties to platforms — The Liberal government has proposed a vast new system that would be tailored to ensure illegal content, such as child pornography and hate-speech … | Salvador Rodriguez / CNBC: |
Pinterest misses on user growth in Q2, with 454M MAUs vs. 482M est., as revenue beats, with $613M, up 125%+ YoY, vs. $562.1M est.; stock down 20%+ — - The company declined to provide third-quarter guidance on monthly active user due to the unknown impact of Covid-19 variants.
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TechCrunch, TheStreet, Pinterest, Coinspeaker, Barron's Online, Investor's Business Daily, MarketWatch, and Wall Street Journal
Tweets: @chrisbrogan, @alex, @andyswan, @ojrenick, @nrossolillo, @buccocapital, @nrossolillo, @lamonicabuzz, @zguz, @mdtrades12, and @richlightshed. Thanks:@sal19
| Edward Ongweso Jr / VICE: |
48 civil rights and advocacy groups ask the FTC to ban corporate facial surveillance technology and continuous corporate surveillance of public space — The open letter uses Amazon as a case study to argue that corporate surveillance technologies cause immense harm and fall under the FTC's authority to ban.
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Washington Post, Input, Common Dreams, The Daily Dot, Medium, and Gizmodo. Tweets: @bigblackjacobin
| Davey Alba / New York Times: |
A look at the development of an Amazon warehouse in Windsor, CT, where the discovery of multiple nooses on site raises questions about Amazon's responsibilities — The discovery of multiple nooses has set off heated debates about the responsibility of companies and the ability of workers to speak their mind.Sponsor Posts
Subquadratic:
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Cloudflare:
Cloudflare Connect 2026: The Agentic Conference — Stop preparing for agents. Start running them. 100+ sessions, workshops, and speakers from OpenAI, Arm, and Cloudflare across AI, security, and performance.
Cloudflare Connect 2026: The Agentic Conference — Stop preparing for agents. Start running them. 100+ sessions, workshops, and speakers from OpenAI, Arm, and Cloudflare across AI, security, and performance.
Zoho:
Stop re-entering Shopify order details in Zoho CRM — This is a guest blog from Xapplets (Zeeyes AI Inc).Here's a scene that plays out in many growing Shopify stores every day: a customer places an order …
Stop re-entering Shopify order details in Zoho CRM — This is a guest blog from Xapplets (Zeeyes AI Inc).Here's a scene that plays out in many growing Shopify stores every day: a customer places an order …
IDrive:
IDrive Autonomy: low-cost L2+ driver assistance with AI — L2+ driver assistance with a scalable AI stack built for automotive companies and laying the foundation for the autonomous future.
IDrive Autonomy: low-cost L2+ driver assistance with AI — L2+ driver assistance with a scalable AI stack built for automotive companies and laying the foundation for the autonomous future.Featured Podcasts
Hard Fork:
The A.I. Mob That Attacked Hugging Face + METR's Ajeya Cotra
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.
Big Technology Podcast:
Cloudflare CEO: We're Ready To Block Millions of Websites From AI — With Matthew Prince
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.
Channels with Peter Kafka:
Data Centers, Elon Musk, and the New Politics of Tech, with David Weigel
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Sources:
Sam Altman on OpenAI's next model and the AI backlash
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
Subscribe to Sources.
Uncapped with Jack Altman:
Brian Singerman from GPx
Conversations with people I admire about things I'm genuinely interested in.
Subscribe to Uncapped with Jack Altman.
Tools and Weapons with Brad Smith:
Connecting the Unconnected: Doreen Bogdan-Martin
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.
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