Techmeme
July 26, 2018, 7:20 AM

Top News

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  —  Facebook, Inc. (Nasdaq: FB) today reported financial results for the quarter ended June 30, 2018.  —  “Our community and business continue to grow quickly,” said Mark Zuckerberg, Facebook founder and CEO.
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 has hit a wall.  The social network succumbed to the public backlash over its handling of fake news, privacy …
Josh Constine / TechCrunch:
Reuters:
Qualcomm says it will drop its $44B NXP offer as the deadline passed with no approval from China and pay a $2B breakup fee to NXP  —  SAN FRANCISCO/BEIJING (Reuters) - The deadline for Qualcomm Inc (QCOM.O) to buy NXP Semiconductors (NXPI.O) passed at midnight U.S. eastern time without …
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.
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  —  SAN DIEGO - July 25, 2018 - Qualcomm Incorporated (NASDAQ: QCOM) today announced results for its fiscal third quarter ended June 24, 2018.
Andrew Martonik / Android Central:
Samsung announces it is developing flexible OLED display certified as “unbreakable” by Underwriters Laboratories, that survived 26 4-foot drops  —  This is the direction the industry is heading.  —  Samsung Display has announced that it has developed a truly “unbreakable” …
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 …
Romain Dillet / TechCrunch:
Coinbase partners with WeGift to let Coinbase customers in Australia and select EU countries convert their tokens to digital gift cards at popular stores  —  It's still quite hard to buy physical goods using bitcoins or ethers.  Coinbase plans to (partially) solve that issue with a new partnership with WeGift.
Jon Levine / The Wrap:
Twitter CEO addresses claims about some Republican leaders not appearing in search auto-suggestions, points to a thread that offers explanation and vows changes  —  The latest allegations of shadow banning on the platform were sparked by a Vice News report  —  Twitter has hit …
Bloomberg:
A look at how Google treats its contract workers, some of whom write code, recruit staff, and manage teams, yet don't have access to the firm's celebrated perks  —  About half of Google's workers are contractors who don't receive the same benefits as direct employees
Erin Teague / YouTube Blog:
YouTube adds a Watch Together button to its VR app on Daydream View and Samsung Gear VR that lets users watch and discuss videos with others in a virtual space  —  We love VR at YouTube because it's a powerful way to see and experience the world.  Have you ever wondered what it's like in the ice caves of Antarctica?
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 …

Sponsor Posts

Wavefront by VMware:
Metrics and Analytics by Wavefront by VMware: Enter to Win $500  —  Discover Wavefront's out-of-the-box monitoring suite for Containers, AWS, Windows, Linux & more.  Try Free for 30 days, enter to win $500
eero:
The eero Plus experience keeps getting better with regular updates.  —  With the latest version of the eero app for iOS and Android, it's now easy to track your eero Plus daily, weekly, and monthly activity of Inspections …
Zoho:
Zoho Recruit and MailChimp join hands.  —  Recruiters are actually marketers, and I'm not throwing that term around lightly.  They do more than hire candidates.  Rather, recruiters research specific industries …
TechCrunch Disrupt SF:
Techmeme readers save 15% off Disrupt SF passes  —  TechCrunch's Disrupt SF (Sept. 5-7) is our most ambitious event ever where our 10k attendees will extract more startup insights & inspiration than ever before.

Listen to Techmeme's Podcast:

Techmeme Ride Home: Tuesday, 8/14 - Is Kevin Durant teaming up with Marc Andreessen? Subscribe via Apple Podcasts, Google Play, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 7:20 AM ET, July 26, 2018.

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.

More News

Dona Sarkar / Windows Blog:

Earlier Picks

Edgar Alvarez / Engadget:
Paul Mozur / New York Times: