Techmeme: Verizon Reports Q2 Revenue Of $32.2 Billion, EPS Ahead Of Analyst Estimates (TechCrunch)

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July 21, 2015, 9:45 AM

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Giuseppe Macri / InsideSources:

Group of big Silicon Valley firms, including Facebook, Google, Dell, HP, and eBay, filed amicus brief siding with Samsung in Apple patent case — Silicon Valley's Biggest Companies Take Samsung's Side in Apple Patent Fight — A group of Silicon Valley's biggest companies including Facebook …

More: Android Authority, Business Insider, The Verge, 9to5Mac, Engadget, iMore, Inquirer, The Next Web, AppleInsider, MacRumors, Neowin, iPhone Hacks, SlashGear, Ubergizmo, SamMobile and ITProPortal

Nilay Patel / The Verge:

The open web can't flourish if vendors don't work towards closing the rendering performance gap between desktop and mobile web browsers — The mobile web sucks — I hate browsing the web on my phone. — I do it all the time, of course — we all do. Just looking at the stats for The Verge …

More: Guardian. Tweets: @dsilverman, @dangillmor, @mjasay, @joshuatopolsky, @nxthompson, @benthompson, @s_m_i, @lock and @waltmossberg

Wall Street Journal:

Apple hires former Fiat Chrysler SVP Doug Betts who led global quality — Apple Hires Auto Industry Manufacturing Veteran — Hiring of Doug Betts may be signal that efforts to develop electric car may be gaining ground — Apple Inc. has hired one of the auto industry's veteran manufacturing executives …

AnandTech:

Apple Watch review: best wearable ever, but hard to recommend this first generation version — The Apple Watch Review — Prior to the launch of the Apple Watch, there had been rumors that Apple would make a watch for quite some time. In a broader sense, the wearables industry has become …

More: The Overspill and WatchAware

Bloomberg Business:

Toshiba Executives Resign Over $1.2 Billion Accounting Scandal … Toshiba Corp. President Hisao Tanaka and two other executives quit to take responsibility for a $1.2 billion accounting scandal that caused the company to restate earnings for more than six years.

More: ZDNet, The Verge, TechEye, Computerworld, CNNMoney, BBC, Engadget, Gizmodo, The Next Web, Guardian, Pocket-lint, Bloomberg View, Business Insider, TIME, ZDNet, Seeking Alpha and Wall Street Journal

Wall Street Journal:

Qualcomm to Conduct Strategic Review, May Consider Breakup — Chip maker may also look at returning more cash to shareholders after activist investor presses for change — Qualcomm Inc. is expected to conduct a sweeping strategic review that will look at the possibility of a breakup …

More: Tech Trader Daily, The Register, Fortune, Android Authority and Seeking Alpha

Reuters:

Qualcomm reportedly prepares to announce layoffs of thousands of employees, over 10% of its 30K-strong workforce, during earnings report on Wednesday

More: SiliconANGLE, The Information, Tech Trader Daily, Inquirer, Engadget, PE Hub Blog, ZDNet, VentureBeat, Seeking Alpha, Neowin and socalTECH.com

Mark Bergen / Re/code:

Profile of Omid Kordestani, Google's chief business officer, who has the absolute trust of Larry Page — ‘The Soul of Google’: What the Return of Omid Kordestani Says About the Mountain View Monolith — It is no exaggeration to say that Omid Kordestani may be the most likable person in Silicon Valley.

More: Beyond Search. Tweets: @mdudas and @stevenlevy

Christopher Heine / Adweek:

GoPro introduces stock video licensing service, starting with 600 videos priced at $1K each and up — Brands Are About to Find Out How Powerful GoPro Videos Can Be — Spellbinding scenes captured by adventure seekers and even wildlife made GoPro the hottest video camera around.

More: GoPro, Tech Times, TechCrunch, Tubefilter, Gizmodo, The Next Web, Engadget and Pocket-lint. See also Mediagazer

David Pierce / Wired:

Inside Spotify's Hunt for the Perfect Playlist — What kind of music do you listen to? Your answer is probably something like, “Oh, a little bit of everything.” Or maybe, “Anything but country and metal.” (And polka. Everybody hates polka.) The honest truth is, you probably don't know.

More: Spotify Press, everwas, Music Ally and RAIN News

Anthony Clark / Local News from The Gainesville Sun:

Grooveshark co-founder Josh Greenberg, 28, found dead at home; no evidence of foul play, injuries or drugs found — Grooveshark co-founder, 28, found dead in home — Grooveshark co-founder Josh Greenberg, a pioneer in Gainesville's student startup movement, was found dead in his bed Sunday …

TechCrunch:

Verizon Reports Q2 Revenue Of $32.2 Billion, EPS Ahead Of Analyst Estimates — Verizon, now owner of AOL (and thus, us!) reported its second quarter earnings today. The company posted revenues of $32.2 billion on earnings per share of $1.04. Analysts where estimating sales of $32.45 billion …

More: Verizon FiOS & Custom TV, DSLreports, iMore, ZDNet, Tech Trader Daily, Wall Street Journal, Reuters, CNET, Bloomberg Business and Forbes. See also Mediagazer

CNN:

Drones interfere with wildfire-fighting efforts in Los Angeles — California wildfires 11 photos — Smoke from a wildfire rises above Interstate 15 on the Cajon Pass, on July 15 near San Bernardino. — Hide Caption 7 of 11 — The scorched remains of a truck destroyed by the North Fire …

More: Tech Times and Computerworld

Zack Whittaker / ZDNet:

Microsoft releases emergency patch for Windows Vista, 7, 8, 8.1, RT, Server 2008 and later; vulnerability also affects Windows 10 Preview — Microsoft releases emergency patch for all versions of Windows — The flaw, affecting Windows Vista, 7, 8, and 8.1, can allow a hacker to take over a machine.

Mike Shields / Wall Street Journal:

YouTube stars post only one-fifth of their videos on Facebook, which lacks an established ad revenue sharing model — YouTube Stars Keep Facebook at Arm's Length For Now — Nearly a year ago, Facebook started reaching out to YouTube stars and multichannel networks, encouraging …

More: Tubefilter. Tweets: @wsjcmo and @rajhathi

Dawn Chmielewski / Re/code:

Analysts expect iPhone sales to propel Apple's Q3 results with 49-50M shipped, company to post earnings of $1.80/share on $49.26B revenue — Strong iPhone Sales Expected to Propel Apple's Results, Anticipation Surrounds the Watch — As Apple prepares to release its June quarter results …

More: Fortune, Wall Street Journal, VentureBeat, SiliconBeat, Tech Trader Daily, AppleInsider, Associated Press, FierceMobileIT News, Benzinga, CNBC, Forbes, MacDailyNews, International Business Times, The Mac Observer and CNET

Peter Kafka / Re/code:

‘Shark Tank’ Gets a Tech Infusion This Season, With Guest Judges Ashton Kutcher, Troy Carter and Chris Sacca — It's easy to see the link between “Shark Tank” and the current Web boom. The notion that some combination of ingenuity, hard work and luck can unlock an entrepreneurial success story …

More: LOWERCASE capital, Fortune, Forbes and Business Insider

Tweets: @iamgelilabekele, @sacca and @benparr

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