Techmeme
July 24, 2017, 7:10 PM

Top News

Alphabet Investor Relations:
Alphabet Announces Second Quarter 2017 Results  —  Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended June 30, 2017.  —  “With revenues of $26 billion, up 21% versus the second quarter of 2016 and 23% on a constant currency basis …
Miguel Helft / Forbes:
Google CEO Sundar Pichai appointed to Alphabet board of directors as its 13th member  —  Google CEO Sundar Pichai, who has led the company for the past two years, is joining the board of directors of Alphabet, Google's parent company said on Monday.  —  The more represents a vote of confidence …
Terri Cullen / CNBC:
KKR's Internet Brands to acquire WebMD in $2.8B deal, for $66.50 per share, which is a 20% premium to Friday's closing price  —  - Prior to the acquisition WebMD ran a five-month auction and solicited bids from more than 100 companies and private-equity firms.
Samuel Gibbs / The Guardian:
Microsoft Paint, first released with Windows 1.0 in 1985, to be “removed or deprecated” in the Windows 10 Fall Creators Update; Paint 3D to remain  —  Long-standing basic graphics editing program, used throughout childhoods since the 1980s, has been marked for death
Jon Russell / TechCrunch:
Grab raises $2B from SoftBank and Didi Chuxing, which says the round could expand by $500M, to help defeat Uber in SE Asia; source: Grab valuation now over $6B  —  Grab, the ride-hailing company competing with Uber in Southeast Asia, has pulled in $2 billion of new financing …
Kurt Wagner / Recode:
Facebook has acquired a content rights startup called Source3 to help fight video pirates  —  Facebook wants to make sure video creators can't get ripped off.  —  Facebook has acquired a startup to help it crack down on users who share pirated videos and other content without permission.
More: TechCrunch and ZDNetTweets: @hunterwalk
Bloomberg:
Microsoft designs new AI chip for next version of HoloLens, which will let mixed reality goggles recognize speech and images on device instead of the cloud  —  New HoloLens processor will let mixed reality goggles recognize speech and images  —  Tech companies are keen …
Julia Fioretti / Reuters:
EU sets July 20 date for new proposals from Facebook, Google, Twitter to bring their user terms into compliance, after deeming earlier proposals insufficient  —  BRUSSELS (Reuters) - European Union authorities have increased pressure on Facebook, Google and Twitter to amend their user terms …
Tom Hancock / Financial Times:
BingoBox already has more than a dozen Amazon Go-like unmanned shops open in China, plans to have almost 200 more by the end of August  —  Wide use of mobile payments propels country's vendors past the likes of Amazon Go  —  Read next … Like other convenience stores across China …
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 7:10 PM ET, July 24, 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.

More News

Earlier Picks

Paula Dwyer / Bloomberg: