Techmeme
July 30, 2015, 3:05 PM

Top News

Re/code:
Sources: NBCUniversal close to investing $250M in BuzzFeed at a $1.5B valuation, also investing in Vox Media at a $850M valuation  —  NBCUniversal Poised to Make Big Investments in BuzzFeed and Vox Media  —  NBCUniversal is close to a deal to invest $250 million in BuzzFeed …
Evan Sharp / Pinterest Blog:
Pinterest makes diversity hiring goals for 2016 public for accountability and promises to share findings on what works  —  Our plan for a more diverse Pinterest  —  There's been a lot of talk lately about the lack of diversity in the tech industry.  Back in 2013, one of our engineers Tracy …
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 …
Sarah Perez / TechCrunch:
Groupon launches Groupon To Go food delivery service, available in Chicago, expanding to other metro regions in US throughout the year  —  Groupon Launches Its Own Food Delivery Business, Groupon To Go  —  Following its acquisition of food delivery service OrderUp earlier this month …
Ingrid Lunden / TechCrunch:
Sources: Caller ID app Truecaller looking to raise around $100M at a $1B valuation  —  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 …
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 …
David Meyer / Politico:
Google asks French data protection authority CNIL to withdraw its order forcing right to be forgotten delistings to be applied globally  —  Google challenges global ‘right to be forgotten’ order  —  Don't make us apply European laws around the world, Google pleads.
John Biggs / TechCrunch:
Smartwatch company Olio raises $10M Series A led by New Enterprise Associates  —  Olio Raises $10 Million To Build More Fancy Smartwatches  —  Smartwatch underdog Olio has raised a $10 million Series A led by New Enterprise Associates.  The cash will go to expand Olio's manufacturing prowess …
Vito Pilieci / Ottawa Citizen:
Shopify beats Q2 estimates with $44.9M revenue, lower than expected $3.3M loss, in first results since IPO  —  Ottawa's Shopify reports sales of $44.9M in first results since going public  —  Sales are booming at Ottawa's latest technology darling, Shopify Inc.
Carmel DeAmicis / Re/code:
Yelp stock dropped 28% Wednesday following grim earnings; company cited 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

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