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Techmeme
July 27, 2018, 12:05 AM
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Top News

Bloomberg:
Slack to buy corporate chat software HipChat and Stride from Atlassian, will pay for the IP over 3 years; 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 …
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:
Amazon Web Services' Q2 revenues were $6.1B, with $1.6B in operating income; Amazon's retail operations earned nearly $47B in revenue and $1.3B+ in net income
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 …
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
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 …
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.
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?

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From Mediagazer

Axios:
Sources: Paramount seeks a business-side counterpart to Bari Weiss, implying she would oversee editorial across CBS News and CNN if Paramount's WBD deal closes

Peter Chapman / Bloomberg:
The UK CMA launches a probe into Paramount's $110B acquisition of WBD, and sets an initial ruling deadline on August 7; the EU has already set a July 7 deadline

Scott Nover / Washington Post:
Email: the WH press corps won't be allowed on White House grounds Sunday due to the UFC fight; only press poolers will be allowed unless UFC gives credentials

More News

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

Earlier Picks

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
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
Reuters:
Qualcomm says it will drop its $44B offer and pay a $2B breakup fee to NXP as the deadline passed with no approval from China
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
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