Techmeme
July 29, 2015, 11:10 PM

Top News

Facebook:
Facebook Reports Second Quarter 2015 Results  —  Facebook, Inc. (NASDAQ: FB) today reported financial results for the quarter ended June 30, 2015.  —  “This was another strong quarter for our community,” said Mark Zuckerberg, Facebook founder and CEO.  “Engagement across our family …
Josh Constine / TechCrunch:
Facebook Beats In Q2 With $4.04B Revenue, User Growth Slows To 3.47% QOQ To Hit 1.49B  —  People aren't using Facebook less, according to its new earnings report.  Facebook recovered from last quarter's miss, beating the street's estimates in Q2 2015 with $4.04 billion in revenue and $0.50 earnings per share.
Tom Warren / The Verge:
Microsoft is working on streaming PC games to Xbox One  —  Microsoft's Windows 10 operating system debuts today, enabling Xbox One game streaming to PCs.  While that's a neat feature for Xbox One owners, Microsoft is working on streaming PC games to Xbox One consoles too.
Terry Myerson / Windows Blog:
Peter Bright / Ars Technica:
Arjun Sethi / Yahoo:
Yahoo unveils an audioless video messaging app called Livetext, launching in US, UK, Canada, Germany, and France tomorrow  —  Yahoo Livetext - A New Way to Connect  —  We're all walking around with a device in our pockets, primarily to communicate with others.
Carmel DeAmicis / Re/code:
Yelp stock drops 28% following grim earnings; company cites rising talent costs amid competition with “unicorns”  —  Yelp Admits the Unicorn Bubble Is Hurting Its Profits  —  Yelp debuted “surprise losses” on its earnings yesterday, causing its stock to plummet 28 percent by the next day.
More: CNBC and Search Engine WatchTweets: @joshconstine
Drew Olanoff / TechCrunch:
Google Translate's App Now Instantly Translates Printed Text In 27 Languages  —  One of the most intense experiences you'll ever have is visiting a country that speaks a language different than yours.  There's a host of tools you can use, but Google's Translate product has leapfrogged just about everything out there over the years.
Ariha Setalvad / The Verge:
Facebook is testing out LinkedIn-style profile tags  —  Facebook seems to be taking a cue from LinkedIn and is early in the process of testing a new feature — profile tags.  —  Verge reader Luke M. alerted us to Facebook's new profile tags feature, and the company confirmed it was testing …
Jonathan Vanian / Fortune:
Twilio raises $130M Series E led by Fidelity and T. Rowe Price, valuing it at over $1B  —  Twilio lands $130 million to make it easier to communicate via software  —  There's money to be had in the online communications marketplace.  —  San Francisco-based Twilio, a cloud-based communication …
More: bizjournals, TechCrunch and ZDNetTweets: @mdudas
AFP:
Google signs deal with Sri Lanka to bring internet to the entire country via Project Loon  —  Sri Lanka ties with Google for Internet beamed from balloons  —  Sri Lanka teamed up on Tuesday with Google to bring high-speed Internet access to the island using balloons, aiming to become …

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Smartsheet:
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