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July 25, 2018, 7:35 PM
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| Facebook: |
Facebook reports Q2 revenue of $13.23B, up 42% YoY, 1.47B DAUs, up 11% YoY, and net income of $5.1B, up 31% YoY; stock down 20%+ after hours — Facebook, Inc. (Nasdaq: FB) today reported financial results for the quarter ended June 30, 2018. — “Our community and business continue to grow quickly …
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MarketWatch, BuzzFeed News, CNET, New York Times, CNBC, GeekWire, Axios, Gizmodo, Axios, The Guardian, Reuters, ZDNet, AdExchanger, The Verge, Telegraph, Bloomberg, Business Insider, Engadget, Fast Company, The Daily Caller, Fortune, Digital Commerce 360, and Recode
Facebook: Mark Zuckerberg. Tweets: @sheeraf, @hannahkuchler, @sarahfrier, @chernandburn, @chris_ciaccia, @selina_y_wang, @cnbcnow, @mikeisaac, @jason_kint, @mikeisaac, @jguynn, @benbajarin, @jguynn, @jguynn, @mikeisaac, @nickstatt, @ryanlawler, @tomgara, @willoremus, @chernandburn, @kurtwagner8, @jonerlichman, @lucas_shaw, @joshconstine, @sarahfrier, @alexeheath, @businessinsider, @mikeisaac, and @mikeisaac
| Josh Constine / TechCrunch: |
Facebook's Q2 earnings saw MAUs climb just 1.54%, down from Q1's 3.14%, marking its slowest ever growth rate, and revenue of $13.23B missed estimates of $13.36B — Facebook succumbed to the public backlash over its handling of fake news, privacy, and digital wellbeing to miss Wall Street's estimates …
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Recode, Engadget, Associated Press, Silicon Valley Business …, and CNBC
Tweets: @ryanlawler, @can, @mikeisaac, @joshconstine, @hannahkuchler, and @stevekovach
| Josh Constine / TechCrunch: |
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Business Insider. Tweets: @joshconstine, @joshconstine, @joshconstine, @chernandburn, @nycjim, @joshconstine, @joshconstine, and @caseynewton
| Josh Constine / TechCrunch: |
| Alex Sherman / CNBC: |
Qualcomm will owe a $2B breakup fee to NXP if deal is terminated as expected at end of day Wednesday; Qualcomm launches $30B stock buyback program — - Qualcomm CEO Steve Mollenkopf will address his company's share buyback plans during today's conference call.
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TechCrunch, The Verge, Axios, CNET, Axios, and Seeking Alpha
| Shara Tibken / CNET: |
Amid patent dispute, Qualcomm says it believes Apple intends to solely use modems from a competitor, likely Intel, for the next iPhone release — Apple appears to be making some big changes to the chips in its upcoming iPhones — and that could mean your next iPhone downloads data slower than rival Android devices.
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The Verge, CNBC, Mashable, and Axios
Tweets: @sharatibken, @sharatibken, @cnet, @cnet, and @patrickmoorhead
| Qualcomm: |
Qualcomm reports Q3 revenues of $5.6B, up 4% YoY, net income of $1.2B, up 41% YoY; says it will terminate proposed acquisition of NXP; stock up 4%+ after hours — SAN DIEGO - July 25, 2018 - Qualcomm Incorporated (NASDAQ: QCOM) today announced results for its fiscal third quarter ended June 24, 2018.
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9to5Mac, CNBC, MacRumors, ZDNet, Reuters, iPhone Hacks, Pocketnow, Fast Company, MarketWatch, Bloomberg, Financial Times, and Wall Street Journal
Tweets: @ldignan, @patrickmoorhead, @benwood, and @alexbarinka
| Alfred Ng / CNET: |
Google unveils Titan Security Key, a phishing resistant 2FA device that has USB and Bluetooth versions for ~$20 and ~$25 each, coming to all within a few months — When Google boasted that none of its 85,000-plus employees had their accounts hacked since early 2017, it was all thanks …
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The Keyword, Yubico, The Register, TechCrunch, Gizmodo, Digital Trends, Cyberscoop, 9to5Google, XDA Developers, Mashable, Android Police, SlashGear, TechSpot, and Slashdot
| Casey Newton / The Verge: |
Sources: YouTube removed four videos from Alex Jones' channel for hate speech and child endangerment, but counted the takedowns as one strike toward the channel — The video site removed four of Jones' videos on Tuesday — Conspiracy theorist Alex Jones' YouTube channel received a strike …
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BuzzFeed News, The Hill, NBC Bay Area, CNET, Mashable, Tubefilter, Engadget, Fast Company, and Media Matters for America
Tweets: @willsommer, @parismartineau, and @caseynewton
| Edgar Alvarez / Engadget: |
Facebook rolls out Watch Party, a feature that lets users simultaneously watch, comment, and react to Facebook videos together, to all users — Facebook has made it clear that it wants to make video a crucial part of its business, as it looks to compete with the likes of YouTube, Amazon and Netflix.
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Facebook, TechCrunch, iMore, Marketing Land, Pocket-lint, Thurrott.com, iPhone Hacks, Android Police, TechSpot, KnowTechie, MacRumors, and NBC Bay Area. Tweets: @edbott
| Phil LeBeau / CNBC: |
Waymo partners with Walmart, AutoNation, Avis, and others to ferry their customers to various locations in Phoenix, Arizona — Waymo, the Alphabet company that spun out of Google's former self-driving car division, is partnering with some of the country's largest companies to expand how many people ride in its self-driving vehicles.
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Waymo, NPR, TechCrunch, Engadget, CNNMoney, The Verge, Washington Post, Crunchbase News, SiliconANGLE, Gizmodo, New York Times, 9to5Google, Quartz, Digital Trends, Mashable, and TechSpot
| Marc Vartabedian / Wall Street Journal: |
Facebook's General Counsel Colin Stretch, who led the company's investigation into Russian election interference, is leaving at the end of the year — Colin Stretch's announced exit marks the second high-level departure in recent weeks — Facebook Inc.'s FB 1.78% top lawyer … | Paul Mozur / New York Times: |
Source: Chinese government has withdrawn its approval for Facebook's new subsidiary in the country — SHANGHAI — For Facebook, success in China was brief. Very brief. — For several hours, a Chinese government database showed that Facebook had gained approval to open a subsidiary in the eastern province of Zhejiang.
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Patently Apple, Fortune, Quartz, Engadget, Business Insider, Slate, The Verge, TechCrunch, Axios, Telegraph, BBC, Reuters, and Tech in Asia
Tweets: @ruima, @jacobshap, and @niubi
| Ry Crist / CNET: |
Amazon's Cloud ESP, a feature for third-party Alexa devices that lets the device closest to a user respond to a question or command, is now generally available — One of the biggest parts of Amazon's strategy for expanding the voice-activated Alexa ecosystem is to help third-party manufacturers make Alexa gadgets of their own.| Kevin Parrish / Digital Trends: |
Some 2018 MacBook Pro and iMac Pro users reporting crashes, possibly due to Apple's T2 processor and Bridge OS; some fixes in macOS 10.13.6, no complete fix yet — Many iMac Pro owners have reportedly suffered numerous kernel panics — the MacOS version of the dreaded Blue Screen of Death in Windows …
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VentureBeat, Cult of Mac, eWeek, The Verge, CNET, and MacDailyNews
| Dan Ackerman / CNET: |
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Macworld, Motherboard, Apple Gazette, Inquirer, PC Gamer, Fast Company, TechCrunch, The Verge, Six Colors, Boing Boing, Mashable, AppleInsider, Ubergizmo, BetaNews, CNBC, MacRumors, iPhone Hacks, TechnoBuffalo, USA Today, Wired, Gotta Be Mobile, The Register, Tom's Guide, Neowin, Digital Trends, MacStories, The Next Web, and 9to5Mac. Tweets: @austinnotduncan. Thanks:@danackerman
| Kurt Wagner / Recode: |
The CEO of Nextdoor, Nirav Tolia, plans to step down from his role after almost eight years, emailing employees that he will take an “active” chairman role — Tolia is looking for his own replacement, but the move raises a number of questions for Nextdoor.
More:
GeekWire and TechCrunch
| BuzzFeed News: |
Source: Sheryl Sandberg and Jack Dorsey to testify before Senate Intelligence Committee in September; Sundar Pichai has not yet responded to committee's invite — Internet executives are expected once again to face a grilling by lawmakers about foreign interference on their platforms … | Axios: |
Big pharma firm GlaxoSmithKline buys $300M stake in 23andMe, forming 4-year partnership to develop new drugs, whereby both firms will share costs and revenues — 23andMe, the maker of genetic testing kits for consumers, is partnering with pharmaceutical giant GlaxoSmithKline to develop new drugs.| Jeff John Roberts / Fortune: |
Coinbase says its investigation into whether any employees profited from insider trading relating to Bitcoin Cash has concluded and found no wrongdoing — Photograph by Winni Wintermeyer for Fortune — Coinbase, the biggest U.S. cryptocurrency exchange, launched an inquiry last December …
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Bitcoinist.com, Coingeek, Bitsonline, Bitcoin Magazine, NewsBTC, CryptoGlobe, and Bankless Times
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