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Techmeme
July 24, 2018, 9:40 AM
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Top News

Alphabet:
Alphabet reports Q2 revenue of $32.7B, up 26% YoY, and net income of $3.2B including EU fine; excluding the fine, net income was $8.3B; stock up 3%+ after hours  —  MOUNTAIN VIEW, Calif. - July 23, 2018 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended June 30, 2018.
Nat Levy / GeekWire:
Alphabet spent ~$5.5B on capital expenditures in Q2, up from ~$2.8B a year ago, as the company continues to expand its cloud business
Brad Sams / Thurrott.com:
Sources: Microsoft working on two new Xbox consoles, one of them a lower-powered streaming box for upcoming game streaming service referred to as Scarlett Cloud  —  Back at E3, Microsoft mentioned that they were working on a next-generation console.  At that time, I noted that this new console …
Brian Krebs / Krebs on Security:
Google says none of its 85,000+ employees have been successfully phished since early 2017, when it required use of physical Security Keys in place of passwords  —  Google has not had any of its 85,000+ employees successfully phished on their work-related accounts since early 2017 …
Ry Crist / CNET:
Amazon adds audio equalizer controls for Echo devices in Alexa app, as well as via English voice commands in US, and opens the EQ functionality to third parties  —  Audiophiles love to nitpick over the way their music sounds, but until now, you haven't been able to do that with any of Amazon's Echo smart speakers.
Ry Crist / CNET:
Amazon rolls out “Tap to Alexa” feature for Echo Show, to let hearing- and speech-impaired users trigger customizable Alexa skills with a few taps on the screen
Maria Deutscher / SiliconANGLE:
Jeff Bezos-backed cloud simulation startup Rescale raises $32M Series B led by Keen Venture Partners, SineWave Ventures, and Initialized Capital  —  Rescale Inc., a startup harnessing the public cloud for scientific simulations and other complex workloads, today announced that it has raised $32 million in fresh funding.
Lucia Moses / Digiday:
Publishers like NPR, Al Jazeera, and Bloomberg Media add editorial resources to smart speaker efforts but monetization remains unclear  —  Home voice assistants or smart speakers are still in their infancy as a consumer and revenue proposition, but publishers are stepping up their efforts …
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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

Alex Weprin / The Hollywood Reporter:
Filing: Byron Allen sold his 10.7% Starz stake over August and September, netting a bit less than $45M; he acquired it from Steve Mnuchin's Liberty 77 for $25M

Wall Street Journal:
MGM Resorts says talks with People Incorporated are over, after each weighed buying the other; MGM amended its voting deal with People, which owns ~27% of MGM

Mark Stenberg / Adweek:
A source and internal figures: Condé Nast forecasts $130M in Q4 US advertising, $35M+ below its goal; Condé Nast says the figures are “materially inaccurate”

More News

Lincoln Pigman / New York Times:
Russian lawmakers propose bill requiring sites with 100K+ daily visitors to take down “inaccurate” posts or comments within a day or face fines up to ~$800K
Bloomberg:
According to speed test service Ookla, Apple's iPhone X on average has downloaded data at 29.7 Mbps, well behind Samsung's Galaxy S9 at 38.9 Mbps

Earlier Picks

Avery Hartmans / Business Insider:
Susan Fowler Rigetti, the former Uber engineer who blew the whistle on sexual harassment at the company, has joined the NYT as technology opinion editor in SF
Shara Tibken / CNET:
Qualcomm unveils first mmWave 5G and sub-6GHz antenna modules for 5G smartphones and mobile hotspots in 2019
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