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July 26, 2016, 8:30 PM
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Top News

Alex Webb / Bloomberg:
Apple Q3 revenue down 15% YoY to $42.4B, forecasts Q4 revenue of $45.5B-47.5B; iPhone unit sales for the quarter fell 15% YoY to 40.4M; stock up 6%+  —  Apple Inc. reported lower sales and forecast a third straight quarterly revenue drop, dragged down by slowing demand for iPhones amid …
Business Wire:
Apple Reports Third Quarter Results  —  Services Revenue Grows 19% as App Store Hits All-Time Record  —  CUPERTINO, Calif.—(BUSINESS WIRE)—Apple® today announced financial results for its fiscal 2016 third quarter ended June 25, 2016.  The Company posted quarterly revenue of $42.4 billion …
Daisuke Wakabayashi / Wall Street Journal:
Apple beats expectations with quarterly net income of $7.8B, down from $10.68B last year; iPad revenue grows for first time in 10 quarters, to $4.9B  —  Revenue drops for second straight quarter, but shares rise as results still top views  —  Apple Inc. said its quarterly profit fell 27% …
Twitter:
Twitter reports Q2 revenue of $602M, an increase of 20% YoY, 313M MAUs, up from 310M last quarter; stock drops 10%+ on low Q3 guidance of $590M-610M in revenue  —  Dear Shareholders, We look forward to discussing our second quarter 2016 financial results with you at 2:00 p.m. PT today.
Ryan Mac / Forbes:
The genesis story of Niantic, a gaming skunkworks overlooked at Google, and Pokémon Go, which began as an April Fool's Google Maps prank  —  It's not hard to spot players of the most popular smartphone game of all time.  They have a peculiar way of carrying their devices in front …
Sensor Tower App Marketing Blog:
Pokémon Go hits 75M+ worldwide downloads, has launched in 32 markets and is top for App Store revenue in all of them  —  Niantic's smash hit Pokémon GO has barreled past another major lifetime milestone, having surpassed 50 million worldwide downloads on Google Play alone over the weekend.
Jason Koebler / Motherboard:
President Obama announces the Cyber Incident Severity Schema, a new way the feds will codify the threat level of hacking attacks, but it lacks specifics  —  George W. Bush's Homeland Security Advisory System—the color-coded terrorism “threat level” indicator that became a symbol of post-9/11 fear mongering …
Jordan Novet / VentureBeat:
Microsoft launches Researcher and Editor in Word, Zoom in PowerPoint  —  Microsoft today is announcing new features that are coming to its Word, PowerPoint, and Outlook applications.  —  One new feature in Word, called Editor, is particularly notable because it will help users improve …
Tom Phillips / Eurogamer.net:
Sources: Nintendo NX is a portable console that uses cartridges, has removable controllers and a TV dock  —  It also connects to your TV, and runs cartridges.  —  Nintendo's upcoming NX will be a portable, handheld console with detachable controllers, a number of sources have confirmed to Eurogamer.
Dan Seifert / The Verge:
BlackBerry announces $300 DTEK50 all-touchscreen Android smartphone with the hardware specifications and design of the Alcatel Idol 4  —  BlackBerry has announced its second Android smartphone today, the DTEK50.  The device, which shares hardware specifications and design with the Alcatel Idol 4 …
Bryan Bishop / The Verge:
Vizio acquired by Chinese tech company LeEco for $2 billion  —  Chinese electronics firm LeEco is buying American TV manufacturer Vizio for $2 billion.  The acquisition was announced during a press event this morning in Los Angeles, giving LeEco an instant foothold in the US television market.
Andy Greenberg / Wired:
Popular wireless keyboards from HP, Toshiba, GE, others don't use encryption, can easily be snooped on and exploited to send malicious text to linked device  —  You should be able to trust your wireless keyboard.  And yet security researchers have been warning people to be suspicious …
Alex Wagner / TmoNews:
T-Mobile Binge On gets 16 new video services, including video content from Apple Music  —  Binge On is growing once again.  —  T-Mobile today added 16 more video providers to Binge On that customers with a 3GB or higher data plan can stream without touching their high-speed data allotment.

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From Mediagazer

Benjamin Mullin / New York Times:
Memo: Mark Thompson says he will stay on as CNN chair and EIC under Skydance, arguing David Ellison “supports independent news that CNN has always stood for”

Michael M. Grynbaum / New York Times:
Karoline Leavitt, who left as White House Press Secretary in August, plans to join Fox News as an on-air contributor starting November 1

Max Tani / Semafor:
Democracy Docket, founded by Democratic lawyer Marc Elias to focus on redistricting and more, now has 70,000 subscribers paying $10 per month or $120 per year

More News

David Ovalle / Miami Herald:
Bitcoin not money, Miami judge rules in dismissing laundering charges

Earlier Picks

Anthony Ha / TechCrunch:
Verizon Q2 misses on declining sales of $30.5B, beats with EPS of $0.94
Google Lat Long:
Google Maps gets a cleaner look, highlights busy areas of interest with orange shading, changes color scheme to differentiate between natural/man-made objects
CBS News:
FBI is investigating suspected Russian hack of DNC, which led to an email trove on WikiLeaks
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