Techmeme
July 28, 2016, 10:10 PM

Top News

Bloomberg:
Source: Apple's car project switches focus to developing an autonomous driving software system, though Apple isn't ditching efforts to create its own vehicle  —  Dan Dodge, former founder, CEO of QNX, joined Apple this year  —  Bob Mansfield took over cars initiative with emphasis on tech
Alphabet:
Alphabet Announces Second Quarter 2016 Results  —  Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended June 30, 2016.  —  “Our terrific second quarter results, with 21% revenue growth year on year, and 25% on a constant currency basis reflect …
Jack Nicas / Wall Street Journal:
Alphabet beats expectations with net profit of $4.88B, up 24% YoY, on revenue of $21.5B, up 21% YoY  —  Google parent Alphabet Inc. rode strong advertising demand to a 24% increase in profits, as it continues to capture users and advertisers shifting to mobile.
Wall Street Journal:
How Apple's assertive negotiating style alienated cable providers and networks, and hurt its efforts to revolutionize the TV industry  —  In search of its new big thing, the company has alienated cable providers and networks with an assertive negotiating style; ‘time is on my side’
Saurabh Gupta / Official Google for Work Blog:
Google introduces add-ons for Docs and Sheets on Android; initial integrations include DocuSign and Scanbot  —  Posted by By Saurabh Gupta, Product Manager, Google Apps  —  We know many of you consider your mobile device as your primary tool to consume business information …
Kia Kokalitcheva / Fortune:
Uber launches UberCentral, a website for businesses to book and pay for multiple Uber rides  —  Transportation has long been a helpful extra service that businesses like hotels have used to enhance their customer experiences, and Uber wants a piece of that business.
Jay Greene / Wall Street Journal:
Oracle to Buy Cloud-Software Provider NetSuite for $9.3 Billion  —  Larry Ellison is largest holder of NetSuite, which is led by an ex-Oracle executive  —  Oracle Corp. agreed to buy NetSuite Inc. for $9.3 billion, among the largest acquisitions in its history, bolstering …
Paul Mozur / New York Times:
Didi Chuxing and Uber to become legal in China starting November; drivers must be licensed, have three years experience, and no criminal record  —  HONG KONG — Ride-hailing services in China have attracted billions of dollars in investments.  They have pulled in money from some of the …

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