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July 26, 2018, 6:40 AM
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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; 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 …
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:
Facebook's share price closed Wednesday at $217.50, a record high, but fell to around $172 after its Q2 earnings call, a market cap drop of roughly $123B
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; 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.
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 …
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 …
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 …
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?
Dona Sarkar / Windows Blog:
Microsoft releases Windows 10 test build with Flashlight, which lets VR users look at their physical environment, and a predictive model for starting updates  —  Hello Windows Insiders!  —  Today, we are releasing Windows 10 Insider Preview Build 17723 (RS5) to Windows Insiders in the Fast ring …

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From Mediagazer

Todd Spangler / Variety:
Netflix and WBD say Netflix revised its WBD offer to an all-cash deal for $27.75/share, with the same $82.7B value; its original bid had $59B in debt financing

Charlotte Tobitt / Press Gazette:
WAN-IFRA: news publications globally had an estimated combined revenue of $125.7B in 2025, down 0.01% YoY; print still accounted for 65% of total revenue

@erikwemple:
The US House Armed Services Committee formally asks the Defense Department how it plans to safeguard Stars and Stripes' congressionally required independence

More News

Earlier Picks

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
Paul Mozur / New York Times:
Source: Chinese government has withdrawn its approval for Facebook's new subsidiary in the country
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