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Techmeme
July 6, 2018, 5:55 PM
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Top 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 …
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 …
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 …
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 …
Tim Cushing / Techdirt:
The Malaysian government, now led by a new prime minister, says it plans to repeal the Anti-Fake News Act 2018  —  Malaysia's government seized upon the term “fake news” as a way to silence coverage of internal corruption.  The new law gave the government a way to steer narratives …
Bloomberg:
US Court of Appeals for DC Circuit upholds FAA's ability to police hobbyist drone use, overturning a decision from last year that said FAA's system was illegal  —  - Craft operator had argued U.S. agency exceeded its authority  — Ruling sets stage for government to expand drone commerce
More: TechCrunch
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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The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Lucia Moses / Business Insider:
WaPo opinion editor Adam O'Neal says he's stepping down after a year in the role; his hiring was part of a push to promote “personal liberties and free markets”

Matt Stout / The Boston Globe:
The Massachusetts Senate passes an amendment that would in many instances bar judges, grand juries, and others from forcing reporters to identify their sources

Nancy Scola / Washingtonian:
A deep look at FCC Chairman Brendan Carr's moves favoring the Trump administration; former chair Tom Wheeler warns against the agency becoming a political tool

More News

Earlier Picks

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
Benjamin Mayo / 9to5Mac:
Ming-Chi Kuo report: 6.5" OLED iPhone should cost ~$1K and come in three colors; 6.1" LCD model should cost ~$700 and come in five colors including blue and red
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