Techmeme: 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 (Josh Constine/TechCrunch)

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July 28, 2016, 12:25 AM

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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 …

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: CNBC, New York Times, Business Insider, Silicon Valley Business …, Business Insider, Bloomberg and TechCrunch

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

Thanks:@joshconstine

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. Tweets: @benedictevans, @tommyrva and @benedictevans

Josh Constine / TechCrunch:

Facebook reports searches up 33% over past nine months to 2B per day, as it hopes to attract more of the chatter that ends up on Twitter

Tweets: @jasonlk, @joshconstine, @mikeisaac, @joshconstine and @joshconstine

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.

Leena Rao / Fortune:

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

More: Wall Street Journal, Variety, The Register, SiliconBeat, Tech Times, TheStreet.com, TIME, CNET, The Verge, New York Times, MacRumors, Associated Press, MediaNama and 9to5Mac. See also Mediagazer

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.

Frederic Lardinois / TechCrunch:

LaunchKit team heads to Google and open-sources its tools for helping devs launch their apps; LaunchKit's hosted services will be discontinued in 12 months — The team behind LaunchKit, a set of tools that helps developers launch their apps, is heading to Google and joining the Developer Product Group.

More: LaunchKit Library, VentureBeat, SiliconANGLE and The Next Web

Tweets: @rrhoover, @launchkit, @svangel, @gvteam and @mgsiegler

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.

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

Tweets: @publicaddress, @jwildeboer, @theremina and @bcrypt

Sam Byford / The Verge:

Samsung reports Q2 revenue of $45.2B, up 5% YoY, and profit of $7.22B, up 18% on strong Galaxy S7 sales — Samsung Electronics has published its full second-quarter earnings, confirming earlier guidance that indicated the company's strongest profits in over two years.

More: Samsung Newsroom, Engadget, Reuters, San Francisco Chronicle and France 24

Sara Randazzo / Wall Street Journal:

Qualcomm to pay $19.5M to settle with 3,300 female employees who said they received lower pay and fewer chances for promotion — Women said they received lower pay and fewer chances for promotion — Chip maker Qualcomm Inc. will pay $19.5 million to settle claims that women …

More: Associated Press, SiliconBeat and PR Newswire

Tweets: @whatthebit and @vchereskin

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

Tweets: @joshconstine and @caseynewton

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