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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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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.

From Mediagazer

Matthew Keys / TheDesk.net:
E.W. Scripps begins a new round of layoffs and buyout offers ahead of its Q3 earnings report on November 6, affecting stations across the country

Todd Spangler / Variety:
Anime licensing platform AniBiz, launched in July by Crunchyroll founder Kun Gao, raised an initial $6M from TBS Group, Toei Animation, and TV Tokyo Holdings

Reuters:
An Egyptian court orders news site Mada Masr closed after its EIC Lina Attalah was convicted of running it without a license and taken into custody pending bail

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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