August 2, 2017, 11:45 AM

Top News

Sarah Perez / TechCrunch:
PayPal integrates with Skype's mobile app to enable sending money to users in 22 countries including, US, UK, Canada, and others in Europe  —  The PayPal partnerships keep coming.  The still growing payments giant today announced a new deal with Skype that will allow users in 22 countries worldwide …
Josh Constine / TechCrunch:
Instagram says users under 25 use the app 32 minutes on average per day, while half of the businesses on it produced a story in the last month  —  Instagram Stories has blossomed from a Snapchat clone into an integral part of the world's largest dedicated visual communication app in the first year since its launch.
Ashley Carman / The Verge:
Report: Snap in talks to buy Zero Zero Robotics, best known for its Hover Camera Passport Drone, which uses facial recognition to photograph users from the air  —  Snap is still trying to get into the drone business.  After reportedly buying LA-based drone company Ctrl Me Robotics earlier this year …
Brian Krebs / Krebs on Security:
Senators debut a bill requiring IoT devices sold to government are patchable and conform to basic security best practices, like avoiding hard-coded passwords  —  Lawmakers in the U.S. Senate today introduced a bill that would set baseline security standards for the government's purchase …
Tracy Jan / Washington Post:
How Facebook unevenly silences posts about discrimination, censoring important conversations, while often allowing racist content to remain  —  Francie Latour was picking out produce in a suburban Boston grocery store when a white man leaned toward her two young sons and …
Valentina Zarya / Fortune:
Sawyer, which develops a platform for booking children's activities, raises $6M Series A from Advance Venture Partners, Chan Zuckerberg Initiative, others  —  At a time when nearly everything is possible to access at the click of a button—or, more likely, the tap of a phone screen …
More: TechCrunch
Sources: Facebook is working on a video chat device with wide angle lens and large touchscreen, which could be announced at F8, and a standalone smart speaker  —  Product would make it seem like people are in the same room  —  Device aligns with Zuckerberg goal of bringing users closer
Joe Rossignol / MacRumors:
Apple reported Q3 revenue of $45.4B, up 7% YoY, net profit of $8.7B, down from $10.7B YoY, and gross margin of 38.5% vs. 38% last year  —  Apple today announced financial results for the third fiscal quarter of 2017, which corresponds to the second calendar quarter of the year.

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