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July 6, 2018, 2:25 PM
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WeSmirchTop News
| Timothy W. Martin / Wall Street Journal: |
Samsung Electronics forecasts quarterly operating profit of ~$13.2B in Q2, up 5% YoY, below analysts' estimates, amid reports of weak Galaxy S9 sales — Company expects operating profit of 14.8 trillion South Korean won; end of record-earnings streak — SEOUL—Samsung Electronics estimates …
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Samsung Global Newsroom, The Verge, PCWorld, Bloomberg, Financial Times, Android Authority, Digital Trends, 9to5Google, TechCrunch, Engadget, Reuters, CNBC, Neowin, Reuters, TalkAndroid.com, XDA Developers, PhonesReviews UK, BGR, Inquirer, TechSpot, CRN, SlashGear, PhonesReviews UK, Silicon Republic, SamMobile, Android Central, and CNET
| Chaim Gartenberg / The Verge: |
Sonos files for an IPO, with plans to raise $100M, and reports a net loss of $14.2M on revenue of $992.5M in the year ending September 30, 2017 — The popular speaker company has announced plans for an IPO — Sonos officially filed for an initial public offering today …
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TechCrunch, Engadget, SiliconANGLE, GeekWire, Android Police, Fox News, MarketWatch, Reuters, Business Insider, Bloomberg, iMore, 9to5Mac, PE Hub Blog, VentureBeat, Business Insider, Variety, CNBC, Fortune, StreetInsider.com, and iPhone in Canada Blog
Tweets: @tonytassell, @shiraovide, @shiraovide, @shiraovide, and @bakermachado
| Kaitlin Benz / CNET: |
Netflix to end users' ability to post new reviews July 30 and remove existing written reviews mid-August, will keep thumbs up and down system — Soon, it'll be a little harder for you to tell everyone what you thought of Marvel's The Avengers. — Netflix is removing a desktop-only feature …
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Engadget, TechSpot, Ars Technica, Gizmodo, Silicon Republic, TechCrunch, Polygon, Neowin, Mashable, KnowTechie, SlashGear, Firstpost, iPhone in Canada Blog, Fortune, and reddit.com
Tweets: @satorical, @netrovert, @codejake, @storyneedle, @thetrueaiekan, @vanrexit, and @splatterh0use
| Penny Crosman / American Banker: |
CipherTrace: the amount of cryptocurrencies stolen from exchanges tripled to $761M in the first half of 2018 compared to all of 2017, may reach $1.5B this year — Three times more cryptocurrency was stolen from exchanges in the first half of 2018 than all of 2017, with a corresponding boost …
More:
Bloomberg, Reuters, PaymentsSource, Cryptovest, CCN, NullTX, eWeek, Fast Company, CCN, and Peter O'Kelly's Reality Check. Tweets: @agoracom
| Jeremy Horwitz / VentureBeat: |
Israeli publication CTech retracts claim of Apple notifying Intel about not using its 5G chips, and Intel says the “5G modem part of the story is inaccurate” — Following yesterday's report from Israeli publication CTech that Apple has decided not to use an Intel 5G modem called …
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CTECH, iPhone in Canada Blog, CRN, AppleInsider, Petri, and ExtremeTech. Tweets: @calcalistech
| Peter Cao / 9to5Mac: |
Twitterrific says it's removing notifications and live streaming for new customers of iOS and macOS apps ahead of Twitter API changes starting around August 16 — Twitterrific is today announcing an update to both its iOS and macOS clients that will be removing certain functionality …
More:
The Breakroom, Firstpost, The Verge, MacRumors, iPhone Hacks, and iDownloadBlog.com
| Michelle Castillo / CNBC: |
Sources: Reddit will top $100M in revenue this year and has been pitching agencies with ad units including a “top post takeover” — - Reddit has been actively luring advertisers as it attempts to take advantage of its vast audience and to build its business.| Kia Kokalitcheva / Axios: |
Sources: Uber and Lyft each held talks to acquire Skedaddle, a startup that creates group bus rides by matching customers headed in the same direction — Uber and Lyft each held talks to acquire Skedaddle, a startup that creates group bus rides by matching customers headed in the same direction, Axios has learned.
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Fortune and Crunchbase News
| Josh Horwitz / Quartz: |
Xiaomi CEO Lei Jun has reportedly backed 300+ companies via his VC firm Shunwei Capital and as an angel investor, while Xiaomi invested in 157 firms — India's top mobile browser. Hong Kong's Uber for logistics. China's second-largest bike-sharing service.| Jon Russell / TechCrunch: |
Singapore's competition regulator says Grab-Uber merger would impede competition and proposes remedies that must be met to avoid fines or unwinding of the deal — Uber's exit from Southeast Asia may be done and dusted, but the deal — which saw Grab take over its local operations in exchange …
More:
CNET, South China Morning Post, cccs.gov.sg, and CNNMoney
| Hans Lee / Bloomberg: |
IBM secures AU$1B contract to be the central technology partner to Australian government over the next five years, providing automation and blockchain services — - Contract comes 2 years after playing role in bungled census — Government savings from 5-year agreement estimated at A$100m| Joseph Cox / Motherboard: |
Israeli indictment says an employee allegedly stole source code of NSO Group's powerful smartphone hacking tools before attempting to sell it for $50M — NSO sells its potent iPhone malware to governments, including Mexico and the United Arabs Emirates. But according to a newly released indictment …
More:
Washington Post, ZDNet, Naked Security, AppleInsider, Forbes, Gizmodo, and Slashdot
Tweets: @rondeibert and @_odisseus
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