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July 27, 2017, 11:45 AM
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| Wall Street Journal: |
Samsung posts record net profit of $9.9B in Q2, up 89% YoY boosted by strong chip and Galaxy S8 sales, revenue rose to $54.8B, up 19.8% — Results position the company to top Apple in quarterly profits — SEOUL—Samsung Electronics Co. delivered its biggest-ever quarter of profits …
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Samsung Global Newsroom, CNNMoney, BGR, AppleInsider, Reuters, Fortune, Digital Trends, VentureBeat, CNBC, PYMNTS.com, 9to5Google, Tom's Guide, MacDailyNews, CNBC, Android Authority, Neowin, The Register, Reuters, TechCrunch, Yonhap News Agency, Bloomberg, Fone Arena, Engadget, and Bloomberg
Tweets: @jandawson, @jandawson, @wsj, @jchengwsj, and @samsung
| Bloomberg: |
Behind the scenes at Samsung, as it posts record profits while being embroiled in a corruption scandal, a year after the exploding Galaxy Note7 debacle — A year after the exploding phones, Samsung is embroiled in the mess that brought down South Korea's president. How is it still thriving?| Micah Singleton / The Verge: |
Google plans to merge Google Play Music with YouTube Red to create a new streaming service, YouTube's head of music Lyor Cohen confirmed — One service to cover everything (almost) — YouTube's head of music confirmed that the company is planning on merging its Google Play Music service …
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AppleInsider, BGR, TechCrunch, Engadget, Android Police, Ars Technica, Business Insider, iLounge, Droid Life, TalkAndroid.com, Guiding Tech, AppAdvice.com, AndroidGuys, ZDNet, hypebot, iDownloadBlog.com, Tom's Guide, The Next Web, SlashGear, MacRumors, Android Beat, 9to5Google, and Android and Me
| Michael Sheetz / CNBC: |
Twitter's Q2 revenue of $574M beats expectations, but monthly active users remain flat at 328M; advertising revenue decreased 8% YoY to $489M, shares fall 8%+ — - Twitter posted better-than-expected earnings and revenue growth in its second-quarter earnings report.
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Bloomberg, Recode, The Verge, TechCrunch, TechCrunch, Axios, Engadget, AdExchanger, Gizmodo, The Next Web, Recode, Associated Press, Wall Street Journal, VentureBeat, Reuters, The Outline, USA Today, VentureBeat, Reuters, Peter O'Kelly's Reality Check, Adweek, Variety, and Recode
Tweets: @sarahfrier, @sarahfrier, @andrewwrites, @hunterwalk, @cnbc, @sarahfrier, and @cnbc
| Bloomberg: |
Jeff Bezos surpasses Bill Gates as world's richest person, with a net worth of ~$90.9B, as Amazon shares surged in trading; Gates held the top spot since 2013 — His net worth climbs more than $1 billion in intraday trading — Gates has held top spot on Bloomberg wealth index since 2013| Bloomberg: |
Sources: Slack raising $250M, led by SoftBank and Accel Partners, valuing the company at more than $5B — Messaging startup is set to be valued at more than $5 billion in new funding round. — Slack Technologies Inc. is raising about $250 million in a funding round co-led by SoftBank Group Corp. …
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The Register, cloudpro.co.uk, TechCrunch, BetaKit, Axios, and Business Insider
| U.S. Department of Justice: |
US Justice Department charges Russia's Alexander Vinnik on suspicion of laundering $4B+ funds via bitcoin, alleges funds obtained via Mt.Gox hack — Defendant Alexander Vinnik Was Arrested in Greece to Face Charges in the United States; Bitcoin Exchange Alleged to Have Received Deposits Valued at Over $4 Billion
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New York Times, WizSec, Engadget, ZDNet, Business Insider, PYMNTS.com, CoinDesk, The Verge, Help Net Security, The Register, CoinDesk, Virtual Mining Bitcoin News, Cointelegraph.com News, CoinDesk, The Merkle, Associated Press, Reuters, Ars Technica, CNBC, Jimmy Song, and The Merkle. Tweets: @coindesk
| CNBC: |
Sources: Amazon's 1492, a skunkworks lab, is working on healthcare tech including a platform for medical records, telemedicine, and apps for devices like Echo — - Areas of exploration include a platform for electronic medical record data, telemedicine and health apps for existing devices like the Amazon Echo.
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Axios, 9to5Mac, GeekWire, TWICE, Cult of Mac, SiliconANGLE, Ubergizmo, Seeking Alpha, Phandroid, Business Insider, Engadget, and CNBC
Tweets: @chrissyfarr and @polotek
| WhatsApp Blog: |
WhatsApp announces it has 1B users every day, up from 1B users per month in February last year — Just last year, we shared that one billion people around the world use WhatsApp every month. Today, we are excited and proud to share that one billion people around the world use WhatsApp every …
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CNET, BetaNews, Engadget, Mashable, Neowin, iPhone Hacks, Android Beat, 9to5Google, The Verge, Ubergizmo, The Next Web, and USA Today
| Josh Constine / TechCrunch: |
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Social Media Today, TechSpot, MediaNama, Android Police, Tech in Asia, TechCrunch, The Wrap, and GeekWire. Facebook: Mark Zuckerberg
| Zoey Chong / CNET: |
PayPal partners with Baidu to connect its 17M merchants to Baidu's 100M wallet users — If you're a PayPal global merchant, you'll now have access to another 100 million potential online shoppers. — There are over 1.3 billion consumers in China, and PayPal wants a piece of the market.
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Reuters, TechCrunch, Financial Times, Mashable, Tech in Asia, Quartz, and Mashable
| Lexi Sydow / App Annie: |
App Annie: Users spent $15B in Q2 on iOS and Android apps, up 35% YoY; emerging markets drove Play Store app downloads' 20% YoY growth, widening lead over iOS — We close the books on a big Q2 that featured Google Play and iOS battling for worldwide download and consumer spend supremacy.| Matt Egan / CNNMoney: |
Amazon and Facebook topped $500B market cap for the first time on Wednesday and Thursday respectively, driven by strong quarterly growth — Earnings fuel Wall Street's record run — Facebook and Amazon have joined an exclusive club open to only the richest companies in the world: both crossed the half-a-trillion mark.
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EJ Insight, The Seattle Times, City A.M., MarketWatch, and MarketWatch
| Aradhana Aravindan / Reuters: |
Amazon launches Prime Now, its two-hour delivery service, in Singapore, taking on Chinese rival, Alibaba — SINGAPORE (Reuters) - Amazon.com Inc launched its two-hour delivery service in Singapore on Thursday, marking the e-commerce giant's biggest push into Southeast Asia and its first head …
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Tech in Asia, Amazon.com, Tech in Asia, Wall Street Journal, The Business Times, BBC, TechCrunch, Bloomberg, CNBC, CNET, and Tech Narratives
| Ina Fried / Axios: |
Tech leaders including Tim Cook, Jack Dorsey, Mark Zuckerberg, Sam Altman, Sundar Pichai, and Marc Benioff speak out against Trump's transgender troop ban — Salesforce and the CEO of Google are among the first tech leaders to publicly speak out after President Trump's announcement Wednesday …
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Bloomberg, 9to5Mac, MacRumors, TechSpot, Slate, iPhone Hacks, USA Today, Patently Apple, Breitbart, AppleInsider, MacDailyNews, MSPoweruser, CNNMoney, SiliconBeat, Washington Post, Business Insider, Recode, Cult of Mac, Fox News, SiliconANGLE, TechCrunch, 9to5Google, Mashable, CNBC, Fortune, CNET, BuzzFeed, The Intercept, Mercury News, AOL, Scientific American, MEL Magazine, Lifehacker, Refinery29, and ATTN
Facebook: Mark Zuckerberg. Tweets: @realdonaldtrump, @realdonaldtrump, @realdonaldtrump, @tim_cook, @sundarpichai, @google, @benioff, @bchesky, @kylegriffin1, @nkulw, @salesforce, @uber_comms, @chaddickerson, @buzzfeednews, @mlevchin, @basti, @sama, @randizuckerberg, and @uber_comms. Thanks:@inafried
| Eliot Brown / Wall Street Journal: |
Dow Jones: 30 US VC funds raised $500M+ each last year, up from 17 in 2015, and the most since 54 in 2000 — Canaan Partners' $800 million fund is the latest jumbo-size capital pool — Giant venture-capital funds are piling up in Silicon Valley, a sign that foundations … Sponsor Posts
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