Techmeme
July 30, 2015, 11:25 AM

Top News

Min-Jeong Lee / Wall Street Journal:
Samsung Q2 profit down 8% YoY, fifth straight quarterly profit drop as Galaxy S6 falls short of market expectations  —  Samsung Profits Hurt By Smartphone Price Declines  —  Cheaper smartphone models from China and India could fuel further price cuts  —  SEOUL- Samsung Electronics Co …
Tom Warren / The Verge:
Ingrid Lunden / TechCrunch:
Caller ID App Truecaller Is Raising $100M At A $1B Valuation  —  Communications apps that strike a chord with users across different markets are hot property these days, and it looks like another one of them may soon enter the so-called unicorn club.  TechCrunch has learned that Truecaller …
Mike Masnick / Techdirt:
Study: Shutdown of Google News and other aggregators in Spain hurt news sites' traffic and ad revenue, particularly for new and smaller publishers  —  Study Of Spain's ‘Google Tax’ On News Shows How Much Damage It Has Done  —  As you may recall, governments across Europe …
Ari Levy / CNBC:
An inside look at Zazzle, which expects $250M+ revenue and a gross margin of 45% this year, larger than Amazon's recent 35% gross margin  —  The anti-Amazon that's making money: Zazzle  —  Amazon.com became the world's most valuable retailer by selling everything imaginable at virtually no profit.
Tweets: @cnbc
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
Jason Koebler / Motherboard:
Obama's New Executive Order Says the US Must Build an Exascale Supercomputer  —  President Obama has established a new initiative across multiple government agencies that will focus entirely on creating the fastest supercomputers ever devised.  The National Strategic Computing Initiative …
Charlie Osborne / ZDNet:
Hammertoss: Russian hackers target the cloud, Twitter, GitHub in malware spread  —  FireEye says a new virulent strain of malware buries itself in network traffic to avoid detection.  —  The newly-discovered Hammertoss malware strain uses network traffic noise from sources including Twitter …
Edgar Alvarez / Engadget:
StubHub lets eventgoers call an Uber from its app  —  People love it when companies make things easier for them, and that's exactly what StubHub is doing today.  If you use the service to buy tickets to events, like a live concert or sports game, you'll now be able to book an Uber directly from its iOS and Android apps.
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.
 

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