Techmeme
July 28, 2016, 11:15 AM

Top News

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 …
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 …
Facebook:
Frederic Lardinois / TechCrunch:
Upthere, a cloud storage service letting all your devices see the same files, exits beta, announces $77M in funding led by KPCB and Western Digital  —  Upthere isn't your parents' personal cloud storage service.  The team behind the service, which is coming out of beta today with $77 million …
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.
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.

Sponsor Posts

Microsoft:
AI for Earth can be a game-changer  —  Microsoft commits $50 million to put artificial intelligence to work to protect our planet.
eero:
New security features from eero Plus  —  Protect all your connected devices with VPN, 1Password, Malwarebytes, and Ad blocking.
Smartsheet:
Automate Three Processes to Free Up Time for High-Value Work  —  Information workers spend as much as a quarter of their work week on manual, repetitive tasks.  Take three actions now to get started with business automation.
Zoho:
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Worldpay:
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More News

Mitchel Broussard / MacRumors:
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Earlier Picks

Shari Steele / The Tor Blog:
Raj Iyengar / The Official Google Blog:
Ina Fried / Recode:
Richard Lai / Engadget: