| 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 … | 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 … | 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 … | 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 … | 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 … | 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 … | 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.| 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 … | 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 …
Meet Okara, the AI platform that doesn't train on your data — Chat with 30+ open-source models (Llama, Kimi, Qwen, DeepSeek) through encrypted infrastructure. Used by teams handling proprietary code and strategy.
AI-powered law for startups — Soxton automates startup legal so founders can move faster and sleep better. We handle incorporation, advisor, employment and commercial contracts. Join the waitlist for early access!
Zoho Books Launches CT600 & Final Accounts Filing for Micro-Entities in the UK — Tax compliance is the fulcrum of accounting and Zoho Books has come a long way in helping different business structures in the UK stay compliant with their tax obligations.
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.
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| Natasha Lomas / TechCrunch: |