Techmeme
July 29, 2014, 7:25 PM

Top News

Twitter:
Twitter Reports Second Quarter 2014 Results  —  SAN FRANCISCO, Calif. - July 29, 2014 - Twitter, Inc. (NYSE: TWTR) today announced financial results for the second quarter ended June 30, 2014.  Q2 revenue of $312 million, up 124% year-over-year Q2 net loss of $145 million and non-GAAP net income …
Alex Wilhelm / TechCrunch:
Twitter Skyrockets After Reporting Big Q2 Revenue Of $312M, Profit Of $0.02 Per Share  —  Update: In after-hours trading, Twitter is now up more than 20 percent following its massive beat.  —  Update II: Twitter is now up just under 30%.  Pretty sure Twitter HQ is where the party will be at tonight.
Josh Constine / TechCrunch:
Instagram launches Bolt, its one-touch photo and video messaging app, in Singapore, South Africa, and New Zealand  —  Instagram Launches One-Touch Photo And Video Messaging App Bolt Outside The US  —  Instagram is taking on Snapchat by turning your best friends' faces into the shutter button …
Tom Warren / The Verge:
Microsoft is about to launch a selfie phone and a new ‘high-end’ Windows Phone  —  Microsoft is planning to launch two new Windows Phone 8.1 devices shortly.  Sources familiar with the company's plans tell The Verge that Microsoft devices chief Stephen Elop revealed both handsets during an internal company meeting this week.
Doina Chiacu / Reuters:
U.S. Senate bill proposes sweeping curbs on NSA surveillance  —  (Reuters) - Senator Patrick Leahy will introduce legislation on Tuesday to ban the U.S. government's bulk collection of Americans' telephone records and Internet data and narrow how much information it can seek in any particular search.
Dan Goodin / Ars Technica:
Certificate verification flaw in Android since 2.1 granted malicious apps special access to resources, potentially exposing sensitive user data  —  Android crypto blunder exposes users to highly privileged malware  —  A slide from next week's Black Hat talk titled Android Fake ID vulnerability.
Andy Fixmer / Mashable:
Netflix Signs Peering Deal With AT&T to Reduce Buffering  —  This story has been updated to include a statement from AT&T confirming the peering deal.  —  Netflix has reached an agreement with AT&T to give its streaming service direct access to AT&T's network, with the goal of reducing buffering …
Richard Padilla / MacRumors:
Apple Launches Retina MacBook Pros with Faster Haswell Processors, More RAM Standard  —  As indicated over the weekend and yesterday, Apple today launched refreshed 13-inch and 15-inch Retina MacBook Pros.The new notebooks feature faster versions of Intel's Haswell processors …
Bloomberg:
Ford switching 3,300 workers from BlackBerry to iPhone this year  —  Ford Switching Employees to IPhones From BlackBerries  —  Ford Motor Co. (F) is deploying iPhones for corporate use to employees worldwide, scoring a win for Apple Inc. (AAPL) as it seeks to lure more corporate customers.
Jon Russell / The Next Web:
Flipkart raises $1 billion to strengthen its bid to own India's e-commerce space  —  It's turning into quite a year for Flipkart.  Today the e-commerce company from India has confirmed the much-reported rumor that it has raised $1 billion in fresh investment, as it eyes new verticals …
Yannick LeJacq / Kotaku:
EA announces subscription service for Xbox One: $5/month or $30/year for access to Fifa 14, Peggle 2, Madden NFL 25, and Battlefield 4 to start  —  EA Announces Netflix-Like Subscription Plan On Xbox One  —  Today EA announced a new subscription service for the Xbox One that will give …
Alex Hern / Guardian:
US government increases funding for Tor, giving $1.8m in 2013  —  Despite attempts by the National Security Agency to crack the anonymous browser, the US increased state funding through third parties  —  Tor, the internet anonymiser, received more than $1.8m in funding from the US government in 2013 …
More: The VergeTweets: @anonyops

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Larry Dignan / ZDNet: