Techmeme: Sources: AR motorcycle helmet startup Skully effectively shuts down after co-founders are forced out, but remaining leadership still hopes to get new funding (Sarah Buhr/TechCrunch)

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July 27, 2016, 7:10 PM

Top News

Facebook:

Facebook Reports Second Quarter 2016 Results — Facebook, Inc. (NASDAQ: FB) today reported financial results for the quarter ended June 30, 2016. — “Our community and business had another good quarter,” said Mark Zuckerberg, Facebook founder and CEO. “We're particularly pleased …

More: ABC News, Recode, SiliconANGLE, Engadget, ZDNet, Washington Post, WSJ, TechCrunch, Marketing Land, Reuters, AdExchanger, GeekWire, Tech Trader Daily, Silicon Republic, Forbes, internetretailer.com, Variety, CNET and MobileSyrup.com

Tweets: @sarahfrier, @fmanjoo, @jank0, @profjeffjarviss and @sarahfrier

Josh Constine / TechCrunch:

Facebook reports Q2 revenue of $6.44B vs $6.02B expected, $0.97 EPS vs $0.82 expected; mobile ad revenue 84% of total ad revenue, up from 76% last year — Coming off an all-time high stock price of $123.34, Facebook in Q2 2016 smashed earnings again. The social network continued steady growth …

More: Business Insider, Business Insider, Reuters, Bloomberg and TechCrunch

Tweets: @joshconstine, @howardlindzon, @mikeisaac and @chris_ciaccia

Thanks:@joshconstine

Katie Roof / TechCrunch:

GoPro Q2 revenue down 47% YoY to $220.7M, but exceeds estimates of $194.3M

More: CNBC, Reuters and GoPro Inc.

Emil Protalinski / VentureBeat:

Facebook daily active users rise 17% year-over-year to 1.13B for the month of June, mobile DAUs rise 22% year-over-year to 1.03B; stock up 6%+ after hours

More: VentureBeat and Twitter

Apple:

Apple says it has now sold over a billion iPhones — Cupertino, California July 27, 2016At an employee meeting in Cupertino this morning, CEO Tim Cook announced that Apple recently sold the billionth iPhone. — “iPhone has become one of the most important, world-changing and successful products in history.

More: TechCrunch, The Verge, Macworld, USA Today, PCWorld, TIME, Quartz, CNET, GeekWire, MacRumors, The Next Web, VentureBeat, iMore, Business Insider, Liliputing, The Loop, 9to5Mac, TechnoBuffalo, Mashable, Ars Technica UK, Pocket-lint, iDownloadBlog.com, Gigaom, Cult of Mac, SlashGear, Pocketnow, Fortune, iPhone Hacks, Neowin, iLounge, CNNMoney, iPhone in Canada Blog, Wall Street Journal and FierceWireless

Tweets: @pschiller, @jonyiveparody and @tim

Leena Rao / Fortune:

Tim Cook says Apple Pay now accounts for 75% of all contactless payments made in the US

More: The Register, SiliconBeat, TheStreet.com, Variety, Tech Times, TIME, CNET, Associated Press, Fast Company, AppleInsider, Softpedia News, Wired and MacRumors

Tweets: @whatthebit and @iankar_

See also Mediagazer

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

More: CNBC, Vanity Fair, Forbes, MacDailyNews, Tech Times, MediaNama, FierceWireless, Ubergizmo, AnandTech, Recode, AppleInsider, SiliconANGLE, Computerworld, Six Colors and Bloomberg. Tweets: @wsjd

Lucia Maffei / TechCrunch:

Apple's quarterly Greater China revenue dropped 33% YoY to $8.85B, accounted for a little more than 20% of overall company revenue

More: Wall Street Journal, The Verge, CNET, 9to5Mac, AppleInsider, TechEye, Wall Street Journal, BetaNews and eWeek

Raj Iyengar / The Official Google Blog:

Google Play launches Family Library, a way for up to 6 family members to share purchases across devices — Friday night is movie night at our home, and my wife and I look forward to our weekly ritual of putting the kids to bed, getting some takeout, and catching up on our movie wishlist.

Ina Fried / Recode:

Microsoft launches Pix, a free camera app for the iPhone that uses AI to enhance photos — Born in the company's research labs, Microsoft Pix focuses on taking better pictures of people. — Don't look now, but Microsoft is becoming a serious player in the world of iPhone apps.

More: App Store, Microsoft, Computerworld, Digital Trends, TechSpot, The Verge, The Next Web, Engadget, Neowin, WinBeta, Liliputing, AppleInsider, GeekWire, iPhone in Canada Blog, iMore, Lifehacker, The Fire Hose, CNET, VentureBeat, iPhone Hacks, Gizmodo, MacRumors, TechCrunch and 9to5Mac. Tweets: @chrismlacy

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 …

Shari Steele / The Tor Blog:

External investigator hired by Tor confirms inappropriate conduct by Jacob Appelbaum; Tor creates anti-harassment policy, complaints process, community council — Seven weeks ago, I published a blog post saying that Jacob Appelbaum had left the Tor Project, and I invited people to contact …

More: New York Times, Washington Post, The Hill, Ars Technica, Engadget, SiliconBeat, Business Insider, TechCrunch, SC Magazine, The Register and Boing Boing

Tweets: @bcrypt, @jwildeboer and @theremina

Sarah Buhr / TechCrunch:

Sources: AR motorcycle helmet startup Skully effectively shuts down after co-founders are forced out, but remaining leadership still hopes to get new funding — Last week TechCrunch came to you with the [dramatic departure]()of AR helmet maker Skully's CEO and co-founder Marcus Weller …

More: Digital Trends, Wearable Tech Insider, TechEye and The Next Web

Sarah Perez / TechCrunch:

Tumblr launches ads on all users' blogs Thursday, will unveil revenue program for partners later in 2016; users can opt out of ads on their blogs — Tumblr this week quietly announced plans to roll out a new advertising program across its site which will see it implementing ads across users' blogs.

More: Marketing Land, Tumblr Staff, Adweek, Tumblr Support, Engadget, Mashable, tech.co, The Next Web, SocialTimes and Fortune

Tweets: @joshconstine and @caseynewton

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