Techmeme: Amazon.com Announces Second Quarter Sales up 23% to $19.34 Billion (Amazon)

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July 24, 2014, 9:15 PM

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Amazon:

Amazon.com Announces Second Quarter Sales up 23% to $19.34 Billion — Amazon.com, Inc. (NASDAQ:AMZN) today announced financial results for its second quarter ended June 30, 2014. — Operating cash flow increased 18% to $5.33 billion for the trailing twelve months, compared with $4.53 billion …

More: VentureBeat, The Verge, The Register, Business Insider, TechCrunch, New York Times, Network World, Re/code, Ars Technica, TechSpot, ZDNet, Tech Trader Daily, Wall Street Journal, Bloomberg, WebProNews and Android Central. Tweets: @jbrodkin

Dan Frommer / Quartz:

Amazon's cloud price war with Google is starting to hurt — The numbers: Mixed, as always. Amazon sales grew in the double-digits for the 52nd quarter in a row. Revenue increased 23% year-over-year to $19.3 billion. Operating loss reached $15 million, down from a $79 million operating profit a year ago.

More: Wall Street Journal, Businessweek and Gigaom

Tweets: @shiraovide, @firstadopter and @carmencrincoli

Alex Wilhelm / TechCrunch:

Amazon Drops 5% After Missing In Q2 With In-Line Sales Of $19.34B, Larger Than Expected Loss Of $0.27 — Following the bell today, Amazon reported its second quarter financial performance including a $0.27 per share loss on revenue of $19.34 billion. Analysts had expected Amazon to lose $0.15 on revenue of $19.34 billion.

More: GeekWire, USA Today, Forbes, Fortune, Guardian, CNET, ABC News, TIME and Electronista. See also Mediagazer

Dean Takahashi / VentureBeat:

Google's $1B purchase of Twitch confirmed — joins YouTube for new video empire — Google has reached a deal to buy game livestreaming firm Twitch for $1 billion, according to sources familiar with the matter. — Citing unnamed sources, Variety said back in May that Google had made an all-cash offer …

Jason Del Rey / Re/code:

Facebook and Uber Discuss Integration of Car Service Into Messenger — Mark Zuckerberg must be looking to Asia for inspiration for the kind of platform Facebook Messenger could become. — Here's one idea: An integration with popular car-hailing service Uber that would be beneficial to both companies and, presumably, their users.

More: VentureBeat, VatorNews, Gizmodo, SlashGear, The Verge, Pocket-lint, WebProNews and The Next Web

Tweets: @marshallk and @dmac1

Bloomberg:

Zillow seeking to acquire Trulia for up to $2 billion, combining the two most-visited US real estate sites — Zillow Said to Be Seeking to Buy Rival Real-Estate Site Trulia — Zillow Inc. is seeking to acquire rival Trulia Inc., people with knowledge of the matter said …

More: Fortune, Business Insider, Wall Street Journal and MarketWatch

Tweets: @emilychangtv, @stalingrad_poor and @bloombergdeals

Andy Greenberg / Wired:

How Hackers Hid a Money-Mining Botnet in the Clouds of Amazon and Others — Hackers have long used malware to enslave armies of unwitting PCs, but security researchers Rob Ragan and Oscar Salazar had a different thought: Why steal computing resources from innocent victims when there's …

Tweets: @pirateorg

Faryaab S. / SamMobile:

Exclusive: Samsung Gear VR setup walkthrough, First look at Gear VR Manager — A few weeks ago, we exclusively confirmed the existence of Samsung's upcoming virtual reality headset, the Gear VR, and revealed some new information about it and posted a render of the actual device.

More: CNET, Droid Life, TechCrunch, Ubergizmo, Gotta Be Mobile, Canadianreviewer.com, Android Central, TechnoBuffalo, The Droid Guy, Pocketnow and 9to5Google

Jillian D'Onfro / Business Insider:

Google Is Offering Three Months Of Free Unlimited Music To Celebrate One Year Of Chromecast — Happy first birthday, Chromecast! — Google released its $35 TV streaming dongle about one year ago, and to celebrate, the company is giving users a free, 90-day subscription to All Access Music …

More: CNET, Gizmodo, TechHive, WebProNews, Android Beat, BetaNews, Phandroid and IntoMobile

Janko Roettgers / Gigaom:

Chromecast has been used 400M times to ‘cast’ sessions to TVs since it launched a year ago

More: Google Chrome Blog, VentureBeat, SlashGear, 9to5Google, Forbes, PC Magazine, Digital Trends, TechCrunch, The Verge, The Droid Guy, The Next Web, Engadget and OStatic blogs. See also Mediagazer

Sarah Perez / TechCrunch:

Instagram's “Bolt” Leak Could Be A New Facebook App Or An App Install Ad Test — Some Instagram users are reporting having briefly seen a banner advertisement within the Instagram application which pointed to a new app called “Bolt,” described as a “one tap photo messaging” app.

More: The Verge, TechnoBuffalo, Business Insider, Gizmodo, VentureBeat, PC Magazine, iPhone Hacks, 9to5Google, Pocket-lint, Engadget, Mashable, SlashGear, Cult of Mac, SocialTimes, App Advice, WebProNews and POPSUGAR

Mary Jo Foley / ZDNet:

Microsoft moves Yammer under Office 365; Co-founder David Sacks is out — Summary: Microsoft is fine-tuning further its Office businesses and is moving Yammer under Office 365. Yammer Co-founder David Sacks is leaving Microsoft. — Ever since Microsoft bought enterprise social-networking vendor Yammer …

More: TechCrunch, VentureBeat, Wall Street Journal, Business Insider, GeekWire and The Register

Politico:

President Barack Obama to issue executive order on drone privacy — President Barack Obama plans to issue an executive order to develop privacy guidelines for commercial drones operating in U.S. airspace, POLITICO has learned. — The order would put the National Telecommunications …

More: TechCrunch, Gigaom, VentureBeat, SlashGear, Ubergizmo, ReadWrite and The Verge. Thanks:@ericengleman

Ravi Somaiya / New York Times:

Joshua Topolsky, editor in chief of The Verge, joins Bloomberg as editor of a series of new online ventures, will be replaced by Nilay Patel — Josh Topolsky of The Verge Is Joining Bloomberg — Josh Topolsky, the co-founder of the technology website The Verge, will join Bloomberg …

Anthony Ha / TechCrunch:

Pandora Q2 Tops Estimates Slightly With $218.9M In Revenue, But Its Stock Is Falling — Pandora came in barely ahead of analyst estimates in its just-released second quarter earnings report. — The streaming music company reported revenue of $218.9 million (up 38 percent on a non-GAAP basis) …

More: Re/code, AdExchanger, CNET, Business Wire, Tech Trader Daily and TheStreet.com. See also Mediagazer

Jon Brodkin / Ars Technica:

FCC gets its chance to overturn state limits on broadband competition — FCC Chairman Tom Wheeler has been saying he'll use the agency's authority to overturn state laws that limit municipal broadband networks, and now he has a chance to make good on that promise.

More: TechCrunch, Electronista, Gigaom and GamePolitics blogs. See also Mediagazer

Steve Dent / Engadget:

IFTTT's recipe-powered automation now works with Square mobile payments — Consumers have been automating apps with IFTTT (If This Then That) for awhile by, say, backing up Instagram photos to Dropbox whenever they snap a photo. Now, businesses will be able to take advantage of IFTTT directly from the Square mobile payment app.

More: VentureBeat, Gigaom, AppleInsider, Electronista, 9to5Mac, SlashGear and The Next Web

Abby Phillip / Washington Post:

Wikipedia blocks anonymous edits (and trolling) from a congressional IP address — A Wikipedia administrator has blocked anonymous edits from a congressional IP address for 10 days because of “disruptive” edits being made by someone located in the House of Representatives, a spokesman for the Wikimedia Foundation confirmed.

More: Mediaite, Gizmodo, PandoDaily, Ars Technica, The Hill and Nextgov. Tweets: @insidejobscast. See also Mediagazer

Tracy Chou / Pinterest engineering blog:

Pinterest releases diversity report: global employees are 60% male, 50% Caucasian, 42% Asian — Diversity and Inclusion at Pinterest — Last October, I posed the question: “Where are the numbers?”. It was a call to action for the tech industry to share metrics on diversity in the workplace.

More: PC Magazine, ReadWrite, The Next Web and Business Insider

Deborah Gage / Wall Street Journal:

Digital Whiteboard Trello Spins Out of Fog Creek With $10.3M — For the second time, Fog Creek Software Inc. has spun out a company—Trello Inc., an internal project management tool that became so popular, according to the founders, it needed to exist on its own.

More: TechCrunch, Joel on Software, Bijan Sabet and VentureBeat. Tweets: @marshallk

Tracey Lien / Polygon:

Sony agrees to $15M settlement in 2011 data breach class action — Sony today agreed to a $15 million preliminary settlement in a class action lawsuit over its 2011 data breach, which led to the theft of names, addresses and possibly credit card data belonging to 77 million user accounts.

Ernesto / TorrentFreak:

Pirate Bay Launches Mobile Site, Teases More Expansions — One of The Pirate Bay's strengths has been its resilience. No matter how hard the movie and music industries try, the site remains operational. — Over the years the Pirate Bay site has undergone many changes to make it harder to shut down.

More: VentureBeat and Plagiarism Today. See also Mediagazer

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