Techmeme
July 27, 2018, 4:55 AM

Top News

Bloomberg:
Slack to buy HipChat and Stride assets from Atlassian, Atlassian will make equity investment in Slack; HipChat and Stride to shut down in February 2019  —  Atlassian Corp. is selling its corporate chat software to rival Slack Technologies Inc. and taking a small stake in the startup …
CNBC:
Facebook closes down 19% after the disappointing user numbers and revenue growth projections, losing almost $120B in market value in a day  —  - The company missed projections on key metrics after struggling with data leaks and fake news scandals.  — The stock is flirting with bear market territory …
Amazon.com:
Amazon announces Q2 revenues of $52.89B vs. $53.41B est., net sales of $52.8B, up 39% YoY, and net income of $2.5B, up from $197M in Q2 2017  —  Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its second quarter ended June 30, 2018.  —  Operating cash flow increased 22% …
Matthew Lynley / TechCrunch:
PYMNTS.com:
Stripe announces Stripe Issuing, a service for companies to quickly create, distribute, and manage their own physical and virtual payment cards using an API  —  Payments company Stripe is rolling out a new solution that lets businesses create and issue their own credit and debit cards, the company announced on Thursday (July 26).
More: Stripe and Bloomberg
Christopher Mims / Wall Street Journal:
Study: the higher productivity growth of the biggest companies, including Amazon, Google, and Microsoft, results from investment in their own technology  —  The secret of success for Amazon, Google and Microsoft is how much they invest in their own technology
Zack Hendlin / Official LinkedIn Blog:
LinkedIn rolling out feature that lets users send voice messages on Android and iOS, receive them on mobile and the web; feature available globally within weeks  —  Have you ever typed out a long message and thought about how much faster and easier it would be to say it out loud?
Steven Musil / CNET:
Facebook bans Alex Jones from using his account for the next 30 days after removing four of his videos for violating its community standards  —  Alex Jones, the founder and star of conspiracy site Infowars, has been suspended by Facebook — and may face harsher consequences.
Canalys:
Research: Apple shipped 3.5M Watches in Q2, up 30% YoY, but its market share dropped from 43% in Q1 to 34% in Q2 as global smartwatch sales grew to 10M  —  Apple's smartwatch performed strongly in Q2 2018, with 3.5 million shipped worldwide, 30% more than in the same period last year.

Sponsor Posts

Smartsheet:
5 Simple steps to help you automate mundane tasks  —  Instead of taking on a complex work process automation project, look for technologies that empower users to automate their own processes.
TWiT.tv:
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Zoho:
PSD2 Compliance in Zoho Books  —  The Revised Payment Services Directive, also known as the PSD2, is a set of regulatory guidelines laid down by the European Union (EU) for finance, banking, and payment service companies.
AWS Startups:
How Bustle Leverages AWS Lambda to Help Editorial Teams Scale  —  Bustle Media Group leverages AWS services to efficiently deploy content across its various brands.  Nita Sitaram, Senior Director of Product Management …
Google Fi:
Google Fi - a phone plan, by Google  —  We felt that most phone plans just weren't made with you in mind.  So that's why we built Google Fi with features that real people actually want.  Click to learn more.
TechCrunch Disrupt SF:
Y Combinator's Michael Seibel, Ali Rowghani to reveal new YC top 100 list at Disrupt SF  —  CEO Michael Seibel will be joining us on stage at Disrupt SF this year, along with Ali Rowghani, the CEO of its Continuity growth fund …

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