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Techmeme
July 7, 2017, 2:20 PM
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Joyce Lee / Reuters:
Samsung Electronics forecasts record quarterly profit of ~$12B in Q2, up 72% year-over-year  —  Samsung Electronics Co Ltd (005930.KS) on Friday said its second-quarter operating profit likely rose 72 percent from a year earlier to a new record, beating analyst estimates, as strong memory chip prices helped widen margins.
Reed Albergotti / The Information:
Source: Jawbone to be liquidated, as founder Hosain Rahman moves to his new startup, Jawbone Health Hub, providing health-related hardware and software services  —  Jawbone, the consumer electronics firm once valued at $3 billion, is going out of business.  The company has begun liquidation proceedings …
Tim Bradshaw / Financial Times:
Qualcomm asks US ITC to ban imports of certain iPhone models using Intel components due to infringement of 6 patents that it claims are not standard-essential  —  Chipmaker claims infringement by some models and seeks ‘cease and desist’ order  —  Read next
Lorenzo Franceschi-Bicchierai / Motherboard:
Interviews reveal a slow start for Apple's bug bounty program as some feel financial rewards are too small or reporting bugs would prevent research  —  In August 2016, Apple's head of security Ivan Krstic stole the show at one of the biggest security conferences in the world with an unexpected announcement.
Jim Waterson / BuzzFeed:
Sources reveal how UK political parties spent ~£3.2M on online ads during 2017 general election, including efforts to coordinate ad targeting on- and off-line  —  During the general election campaign the media focused on how the Conservatives' Facebook advertising could swing key seats …
Lauren Goode / The Verge:
Amazon Echo Look review: useful for taking hands-free photos and it works well with Alexa, but its outfit analysis needs more work and its speaker is subpar  —  Clothes are personal  —  Over the past couple of years, Amazon's connected devices have slowly made their way into the home with increasing levels of boldness and oddity.

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From Mediagazer

Stephen Battaglio / Los Angeles Times:
60 Minutes' 59th season will debut September 13 with an in-depth look at the LA Rams, the first edition of the remade show under Bari Weiss and Nick Bilton

New York Times:
North America's 2026 summer box office revenue of $4.76B is 17% below 2019, adjusted for inflation; est. Jan. 1-Aug. 16 tickets fell 30% vs. same period in 2019

Matt Donnelly / Variety:
Sources: Netflix will report box office grosses for six upcoming movies with theatrical releases, including La Bola Negra, which will have 46 days in theaters

More News

Jason Toff / Google:
Google debuts Blocks, a free VR app for creating 3D objects, available on Oculus Rift and HTC Vive

Earlier Picks

CNBC:
Microsoft says it plans to cut thousands of jobs, mostly from its sales teams outside the US, starting today
Adam Satariano / Bloomberg:
SoundCloud cuts 173 employees, or about 40% of its staff, and plans to close its offices in San Francisco and London to cut costs and stay independent
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