Techmeme
July 27, 2016, 10:05 AM

Top News

Leena Rao / Fortune:
Tim Cook says Apple Pay now accounts for 75% of all contactless payments made in the US  —  Apple reported better than expected earnings this afternoon, and one nugget shared on the call by CEO Tim Cook could be a good sign for the company's mobile payments service.
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% …
Apple:
Alex Webb / Bloomberg:
Richard Lai / Engadget:
Xiaomi unveils $750 Mi Notebook Air laptop in 13.3" and 12.5" sizes, launches in China August 2  —  It wouldn't be a Xiaomi event if it was just announcing one product.  In addition to the new Redmi Pro smartphone, the Chinese company threw in a huge surprise by launching its first-ever laptop line …
Daniel Terdiman / Fast Company:
Inside the development of Facebook's $30K Surround 360 Camera, which was just open-sourced  —  Today, Facebook is releasing the open-source design of its 360-degree 3D camera.  Fast Company got an exclusive look behind the curtain.  —  Stapled to the wall outside a lab near Facebook's …
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:
Anthony Ha / TechCrunch:
Mobile gaming company Scopely raises $55M Series B round led by Greycroft  —  Scopely is announcing that it has raised a $55 million Series B round of funding.  —  The Los Angeles-based company has built tools for promoting and monetizing mobile games — some of those games are developed in-house …
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.
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 …
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 …
Twitter:
Twitter reports Q2 revenue of $602M, an increase of 20% YoY, 313M MAUs, up from 310M last quarter; stock drops 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.

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Earlier Picks

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