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July 27, 2017, 12:25 PM
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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, CNET, BGR, AppleInsider, Reuters, Fortune, Digital Trends, CNBC, VentureBeat, PYMNTS.com, Tom's Guide, 9to5Google, CNBC, MacDailyNews, Android Authority, Neowin, The Register, TechCrunch, Reuters, Yonhap News Agency, Bloomberg, Fone Arena, Engadget, and Bloomberg
Tweets: @jandawson, @jandawson, @wsj, @jchengwsj, and @samsung
| 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 12%+ — - Twitter posted better-than-expected earnings and revenue growth in its second-quarter earnings report.
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Bloomberg, Recode, TechCrunch, The Verge, TechCrunch, Axios, Engadget, AdExchanger, TechCrunch, Gizmodo, The Next Web, Recode, VentureBeat, Associated Press, The Outline, Reuters, Wall Street Journal, USA Today, VentureBeat, Peter O'Kelly's Reality Check, Reuters, Adweek, Variety, and Recode
Tweets: @sarahfrier, @sarahfrier, @noupside, @andrewwrites, @hunterwalk, @cnbc, @sarahfrier, and @cnbc
| 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, Android Police, TechCrunch, Engadget, Ars Technica, Business Insider, iLounge, RAIN News, Ubergizmo, Droid Life, Guiding Tech, AppAdvice.com, TalkAndroid.com, AndroidGuys, hypebot, Tom's Guide, ZDNet, The Next Web, SlashGear, MacRumors, iDownloadBlog.com, Android Beat, 9to5Google, and Android and Me
| Bloomberg: |
Jeff Bezos surpasses Bill Gates as world's richest person, with a net worth of ~$90.9B, as Amazon rose in intraday 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
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CNBC, New York Times, The Verge, The Next Web, Forbes, USA Today, Business Insider, Windows Central, Gizmodo, Quartz, TechCrunch, GeekWire, KTLA, Neowin, iDownloadBlog.com, New York Magazine, Mashable, and Fortune
Tweets: @vindugoel, @rmac18, and @calbucci
| 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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cloudpro.co.uk, TechCrunch, The Register, 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
| 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, Phandroid, Seeking Alpha, Business Insider, and Engadget
Tweets: @chrissyfarr and @polotek
| 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.| 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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The Verge, CNET, Engadget, BetaNews, Mashable, Neowin, iPhone Hacks, Android Beat, 9to5Google, Ubergizmo, The Verge, The Next Web, and USA Today
| Josh Constine / TechCrunch: |
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Forbes, Social Media Today, TechSpot, Android Police, MediaNama, Tech in Asia, The Wrap, TechCrunch, and GeekWire. Facebook: Mark Zuckerberg
| Kif Leswing / Business Insider: |
Apple confirms it has discontinued iPod nano and iPod shuffle; iPod touch now starts at 32GB for $199, 128GB for $299 — Apple no longer sells the most recent iPod Nano model. — Apple simplified and streamlined its iPod lineup on Thursday and discontinued the iPod Nano and iPod Shuffle.
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MacRumors, 9to5Mac, MacRumors, The Verge, iMore, iPhone Hacks, Mashable, and iDownloadBlog.com. Thanks:@stevetweedie
| 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.
More:
Reuters, Financial Times, TechCrunch, Mashable, Tech in Asia, Quartz, and Mashable
| Paul Sawers / VentureBeat: |
Kickstarter CEO and cofounder Yancey Strickler to step down later this year as the firm searches for his replacement — Yancey Strickler, cofounder and CEO of Kickstarter, has announced that he's stepping down from the crowdfunding giant later this year. A hunt for his replacement is now in motion.| 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.Sponsor Posts
Subquadratic:
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Cloudflare:
Cloudflare Connect 2026: The Agentic Conference — Stop preparing for agents. Start running them. 100+ sessions, workshops, and speakers from OpenAI, Arm, and Cloudflare across AI, security, and performance.
Cloudflare Connect 2026: The Agentic Conference — Stop preparing for agents. Start running them. 100+ sessions, workshops, and speakers from OpenAI, Arm, and Cloudflare across AI, security, and performance.
Zoho:
Automate your scheduling workflows with Zoho Calendar — Your calendar can do more than schedule meetings Creating a calendar event takes only a few seconds. But scheduling is rarely just about creating the event.
Automate your scheduling workflows with Zoho Calendar — Your calendar can do more than schedule meetings Creating a calendar event takes only a few seconds. But scheduling is rarely just about creating the event.
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
Invest Like the Best:
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Grit explores what it takes to create, build and scale world-class organizations.
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Lenny's Podcast:
90 minutes of unfiltered product advice from Snap and Discord's product chief | Peter Sellis
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
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Big Technology Podcast:
AI Doom Backlash Arrives, Anthropic & OpenAI IPO Outlook, Frontier Business Momentum Slows
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Channels with Peter Kafka:
AI Wants to Shop for You. What Could Go Wrong?
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
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Sources:
Baseten's CEO on why every company will want to own its AI
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
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