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Techmeme
July 7, 2017, 7:15 PM
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Top News

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.
Eric Newcomer / Bloomberg:
Waymo drops 3 of 4 patent infringement claims against Uber, says Uber no longer uses infringing tech; bulk of the case related to trade secrets theft remains  —  Waymo, Alphabet Inc.'s self-driving car division, dropped three of four patent infringement claims in its lawsuit against Uber Technologies Inc …
George Avalos / Mercury News:
Facebook proposes Willow Campus, “mixed-use village” expansion to its Menlo Park campus with office buildings, housing, retail space, and a grocery store  —  The proposed village includes offices, home, a grocery store, and parks and plazas  —  MENLO PARK — Aiming …
Nat Levy / GeekWire:
Microsoft CIO Jim DuBois departs amid layoffs; Kurt DelBene named chief digital officer  —  Microsoft's Chief Information Officer Jim DuBois has left his post, the company confirmed Friday.  —  DuBois was on sabbatical and decided to leave Microsoft as part of the reorganization of its global sales staff …
CNBC:
Microsoft says it plans to cut thousands of jobs, mostly from its sales teams outside the US, starting today
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
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 …
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.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 7:15 PM ET, July 7, 2017.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Wall Street Journal:
UMG shares fall 25%, the record company's worst day since its 2021 IPO, following disappointing Q2 results; UMG is down 40%+ over the past 12 months

Minho Kim / New York Times:
Sarah B. Rogers, Trump's nominee to lead USAGM, says she would reinstate some agency employees; if confirmed, she would still serve in the State Department

Matt Stout / The Boston Globe:
The Massachusetts Senate passes an amendment that would in many instances bar judges, grand juries, and others from forcing reporters to identify their sources

More News

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

Earlier Picks

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