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July 28, 2017, 12:00 PM
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| Amazon.com: |
Amazon reports Q2 revenue of $38B, up 25% YoY, as net income drops from $857M to $197M YoY; AWS revenue rose 42% YoY to $4.1B; headcount reaches 382K, up 31K — Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its second quarter ended June 30, 2017.
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Business Insider, Fortune, CNBC, Wall Street Journal, Retail Dive, The Verge, cloudcomputing-news.net, Forbes, Mashable, CRN, Quartz, The Economic Times, CNBC, MarketWatch, SiliconANGLE, TheStreet, ZDNet, Engadget, MacDailyNews, Variety, GeekWire, VentureBeat, GeekWire, The Register, and GeekWire
| Yoolim Lee / Bloomberg: |
Expedia leads $400M round for Indonesian travel site Traveloka by contributing $350M; source says Traveloka is now valued at $2B — Traveloka Holding Ltd. raised $400 million in a funding round led by Expedia Inc. that conferred a $2 billion valuation on Indonesia's largest online travel startup … | Stipe / Nokiamob: |
As part of patent settlement, Nokia received upfront cash payment of €1.7B from Apple, Finnish company discloses during the earnings call — In today's financial results, Nokia mentioned that it had increased cash inflow thanks to an “up-front cash payment of approximately EUR 1.7 billion …
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Seeking Alpha, 9to5Mac, MacRumors, AppleInsider, iPhone Hacks, Cult of Mac, PhoneRadar, and PhoneArena
| AltspaceVR Inc: |
AltspaceVR, a social platform for virtual reality, to shut down August 3 due to “unforeseen financial difficulties” — It is with a tremendously heavy heart that we let you all know that we are closing down AltspaceVR on August 3rd, 7PM PDT. The company has run …
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The Verge, Engadget, Wired, Silicon Valley Business …, Xconomy, GamesIndustry.biz, Road to VR, UploadVR, and TechCrunch. Tweets: @doracheng
| Khari Johnson / VentureBeat: |
Facebook unveils Messenger Platform 2.1 with built-in natural language processing, a payments SDK, and bot-to-human handover protocol in open beta — Facebook today launched Messenger Platform 2.1 with new features to give developers and brands more ways to reach potential customers … | Ingrid Lunden / TechCrunch: |
Will.i.am's wearable startup i.am+ acquires Wink smart home hub from Flex — Wink — the smart home hub and platform originally incubated inside the failed connected object maker Quirky, and then acquired by Flextronics (now known as Flex) as part-payment for Quirky's debts … | Nat Levy / GeekWire: |
Redfin opens up 30%+ on its first day of trading, after pricing IPO at $15 per share and raising $138M at a valuation of $1.2B — Post updated with details on early trading. — Redfin stock popped as it debuted on the Nasdaq exchange Friday morning, opening at close to $20, well above the opening price of $15.
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Axios, MarketWatch, PE Hub Blog, GeekWire, and Redfin
| Juli Clover / MacRumors: |
USB 3.2 specification announced, which promises double data transfer speeds, or up to 20Gbps, over existing Type-C ports and cables — The USB 3.0 Promoter Group, comprising Apple, HP, Intel, Microsoft, and other companies, today introduced an upcoming USB 3.2 specification …
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Business Wire, Engadget, Mashable, On MSFT, Digital Trends, MSPoweruser, iPhone Hacks, AppleInsider, Neowin, TechSpot, Fone Arena, and ExtremeTech
| Katie Roof / TechCrunch: |
Meg Whitman says she will not be Uber CEO, is fully committed to HPE and is not going anywhere — Hewlett Packard Enterprise CEO Meg Whitman wants everyone to know that's not going to Uber. Bloomberg and Recode had reported that she was on the short list for the CEO spot …
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Tweets: @megwhitman, @megwhitman, @ahess247, @megwhitman, and @danprimack
| Peter Kafka / Recode: |
Sources describe Facebook's paywall plan: 10 free articles/month from a publisher before redirect to publisher's subscription site, with no cut for Facebook — Mark Zuckerberg says he doesn't want publishers' data, either. — Facebook says it wants to help publishers sell subscriptions.| John Shinal / CNBC: |
Report: Google has bought 52 properties in Sunnyvale, California, for $820M to fill in gaps near other campuses — - The report comes one month after Google won exclusive rights with the city of San Jose to buy land there. — Google, which said earlier this week it now has more than 72,000 employees … | Janko Roettgers / Variety: |
Google hires Liron Damir, head of UX at Andy Rubin's Essential and former VP of design at Pebble, to lead UX for Google Home — Google has hired a former lead Pebble and webOS designer Liron Damir as the new head of user experience of its Google Home group, which works on products such as Google Home, Chromecast and Google Wifi.Sponsor Posts
Tribe AI:
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Zoho:
Environmental impact of remote support: Reducing carbon footprints in IT — Information technology is essential for powering core business processes and facilitating communication.
Environmental impact of remote support: Reducing carbon footprints in IT — Information technology is essential for powering core business processes and facilitating communication.
Mastodon:
Donate to Mastodon — Mastodon gGmbH, the non-profit behind the open-source software powering the social web, relies entirely on support from users like you. Donate directly with a credit card or through Patreon.
Donate to Mastodon — Mastodon gGmbH, the non-profit behind the open-source software powering the social web, relies entirely on support from users like you. Donate directly with a credit card or through Patreon.Who's Hiring In Tech?
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