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July 28, 2017, 1:35 PM
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| 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, TechCrunch, MacRumors, AppleInsider, iPhone Hacks, Phandroid, Cult of Mac, PhoneArena, and PhoneRadar
| 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 … | David Gewirtz / ZDNet: |
iRobot clarifies CEO's comments, says it never intended to sell Roomba data, will only share data with other smart home devices with customer's permission — Exclusive: Are Roomba vacuum cleaners spying on you? Will iRobot sell your home's mapping data? iRobot's CEO sets the record straight.
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The Verge, MacRumors, Engadget, Panda Security Mediacenter, and Silicon Republic
| 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, Wired, Xconomy, Engadget, FinSMEs, Silicon Valley Business …, GamesIndustry.biz, Road to VR, UploadVR, and TechCrunch. Tweets: @doracheng
| 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, Wall Street Journal, CNBC, Retail Dive, TheStreet, cloudcomputing-news.net, Forbes, Mashable, The Verge, CRN, MarketWatch, SiliconANGLE, Quartz, CNBC, The Economic Times, ZDNet, MacDailyNews, Engadget, Variety, VentureBeat, GeekWire, GeekWire, GeekWire, and The Register
| 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 … | Tim Peterson / Marketing Land: |
Twitter is testing a subscription service that automatically promotes advertisers' profiles and up to first 10 tweets a day for $99 per month — For a monthly fee, Twitter would promote up to 10 tweets a day in addition to running month-long Promoted Account ads.| Jonathan Vanian / Fortune: |
With revenues of $15.8B from semiconductor unit, Samsung becomes the biggest chip maker in the world, topping Intel, which brought in $14.76B in sales in Q2 — All products and services featured are based solely on editorial selection. FORTUNE may receive compensation for some links to products and services on this website.
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San Francisco Chronicle, CNBC, and Associated Press
| 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 …
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Engadget, Android Police, The Verge, and Fortune
Tweets: @ingridlunden, @ingridlunden, @davezatz, and @benvblanco
| 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 and climbing, 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 she'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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Wall Street Journal, SiliconBeat, Bloomberg, Los Angeles Times, CNNMoney, New York Times, Silicon Valley Business …, CNBC, TheStreet, VentureBeat, CNET, Axios, Silicon Republic, SiliconANGLE, Fortune, Business Insider, and Axios
Tweets: @megwhitman, @megwhitman, @ahess247, @danprimack, and @megwhitman
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