Techmeme
July 26, 2018, 7:55 PM

Top News

Bloomberg:
Slack to buy HipChat and Stride products from Atlassian; Slack CEO says Atlassian will make “nominal” but strategically important financial investment  —  Atlassian Corp. is selling its corporate chat software to rival Slack Technologies Inc. and taking a small stake in the startup …
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:
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 …
Cyrus Farivar / Ars Technica:
In a test conducted by the ACLU, Amazon's Rekognition facial recognition tech erroneously matched 28 members of Congress, 6 of them black, to criminal mugshots  —  ACLU: “And running the entire test cost us $12.33—less than a large pizza."  —  The American Civil Liberties Union …
New York Times:
Sources: Robert Mueller wants to question Donald Trump over tweets about Sessions and Comey as part of an obstruction of justice inquiry  —  WASHINGTON — For years, President Trump has used Twitter as his go-to public relations weapon, mounting a barrage of attacks on celebrities …
PYMNTS.com:
Stripe announces Stripe Issuing, a service for firms 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).
Dieter Bohn / The Verge:
Review of Google Assistant-powered Lenovo Smart Display, the first device to run on Android Things, available July 27 with 8"/10" screens for $199 and $249  —  Google Assistant gets a screen  —  The basic idea behind the new Google-powered Smart Displays that are coming this summer is simple …
João Carrasqueira / Neowin:
Telegram launches Telegram Passport, an authorization method for services requiring real-world identification that encrypts documents end-to-end in the cloud  —  Telegram, the privacy-oriented messaging app, has released version 4.9 of its app for both Android and iOS devices bringing a major new feature: Telegram Passport.
Steve Dent / Engadget:
Spotify adds 8M paid subscribers in Q2, up 40% YoY, for a total of 83M subscribers and 180M MAUs, with revenue of €1.27B, up 26% YoY, and operating loss of €90M  —  For its second ever earnings report, Spotify said it now has 83 million paid subscribers, up 8 million …
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
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:

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