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July 20, 2017, 5:15 PM
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Microsoft:
Microsoft Q4: revenue of $23.3B, up 13% YoY, net income of $6.5B, up 109% YoY; Intelligent Cloud revenue of 7.4B, up 11% YoY; Productivity revenue was $8.4B  —  REDMOND, Wash. — July 20, 2017 — Microsoft Corp. today announced the following results for the quarter ended June 30, 2017:
Russell Brandom / The Verge:
Department of Justice and Europol announce takedown of dark web marketplaces AlphaBay and Hansa Market, both focused on drugs and fraudulent IDs  —  AlphaBay and Hansa Market are gone, dealing a major blow to the online drug trade  —  An international law enforcement effort has brought …
Chris Welch / The Verge:
YouTube debuts Redirect Method, showing vulnerable or isolated would-be extremists curated videos to combat extreme ideologies  —  YouTube is taking its next step in countering extremism and terrorist content on its platform.  Today the company announced that effective immediately …
Sarah Perez / TechCrunch:
Google brings its Motion Skills GIF- and video-making app to Android, 13 months after its iOS debut  —  Google last year introduced an app called Motion Stillsthat aimed to help iOS users do more with their Live Photos - including being able to crop out blurry frames, stabilize images …
Christina Farr / CNBC:
Source: Intel has eliminated its wearables division, which made the Basis smartwatch, and the company's New Technologies Group now focuses on AR  —  - Intel laid off about 80 percent of the team that made the Basis smartwatch in November, and has now eliminated the division entirely, a person familiar tells CNBC.
Tom Warren / The Verge:
Microsoft unveils Cortana-powered thermostat called GLAS, in partnership with Johnson Controls, that will run on Windows 10 IoT Core  —  Built by Johnson Controls  —  Microsoft is partnering with Johnson Controls to build a thermostat.  The software giant unveiled the new GLAS thermostat in a YouTube video today.
Jordan Kahn / 9to5Mac:
Apple updates Clips app with new overlays, including Disney-themed additions, effects, posters, more; Clips has been pre-installed on new iOS devices since May  —  After launching Clips for iOS back in early April, Apple is today releasing an update for the social video editing app that adds a handful of notable new features.
Casey Newton / The Verge:
Twitter says it's taking action against 10x the number of accounts it did a year ago, and that majority of disciplined accounts don't commit a second infraction  —  But real data is in short supply  —  A sustained push to reduce abuse on Twitter has shown promising results, the company said …
BBC:
OnePlus says it has begun rolling out a fix for a bug that rebooted some OnePlus 5s trying to make emergency calls in US, UK, and Europe  —  Phonemaker OnePlus has admitted a glitch in some of its devices prevented people making calls to the emergency services.
Sarah Perez / TechCrunch:
Amazon confirms it is adding Alexa to its shopping app on Android starting this week  —  This spring, Amazon introduced Alexa to a wider audience by making the virtual assistant a feature that could be accessed within the retailer's main shopping app.  However, that integration …
James Vincent / The Verge:
Intel-owned Movidius debuts $79 USB Compute Stick with 12-core Myriad 2 VPU that increases host hardware's AI capabilities  —  The Neural Compute Stick from Movidius makes it easy to add a machine vision processor to any device  —  Step by step, artificial intelligence is moving down from the cloud and into the device in your hand.

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From Mediagazer

Reuters:
Independent Russian newspaper Novaya Gazeta plans to shut down after 30+ years, following pressure from Russian authorities and the persecution of its reporters

Selome Hailu / Variety:
Sources: Reese Witherspoon's Hello Sunshine lays off about 30 employees, roughly 50% of its staff, as it focuses on film and TV projects and its book club brand

Andrew Fedorov / The San Francisco Standard:
A look at Colossus, a VC-backed quarterly mimicking glossy magazine writing with glowing tech exec profiles that investors praise and some journalists call PR

More News

Facebook Media:
Facebook details progress with its Journalism Project after six months: 2.6K publishers met, new features and training for its products, more

Earlier Picks

Wolfie Zhao / CoinDesk:
Ethereum startup Parity warns of flaw in v1.5+ of its wallet software, says three multi-sig wallets have been compromised and ~$30M of Ether has been stolen
Jon Fingas / Engadget:
Samsung's Bixby voice assistant is rolling out to all Galaxy S8 and S8 Plus users in the US today
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