Techmeme
July 27, 2018, 8:15 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 …
Paresh Dave / Reuters:
Twitter posts record Q2 profit of $100M, beats estimates on revenue of $711M, up 24% YoY, but monthly users fell by 1M from Q1 to 335M due to increased removals  —  SAN FRANCISCO (Reuters) - Twitter Inc (TWTR.N) posted record profit on Friday with second quarter revenue that beat financial analysts' estimates …
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 …
Corbin Davenport / Android Police:
Google updates Play Store policies, no longer allowing crypto miners, apps that aid the sale of firearms or accessories, apps that primarily serve ads, and more  —  Google regularly updates its Play Store developer policies; the last time it happened, fake ID apps were banned from being submitted by developers.
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).
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.
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?
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

Sponsor Posts

Smartsheet:
Gartner research vice president Mike Gotta to present at Smartsheet ENGAGE  —  Gotta will discuss why collaborative work management is increasingly essential for business at Smartsheet's annual customer conference Sept. 30-Oct. 3 in Seattle.
TWiT.tv:
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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.
Zoho:
Why does your employees happiness quotient matter?  —  It is Monday morning.  Everything is a blur and everyone is in a hurry.  Most people are heading to work, still not fully recovered from the weekend, and it's written all over their faces.
Ingram Micro:
Apply for the World's Largest Startup Competition  —  B2B ISVs are encouraged to apply for the Comet Competition ahead of the September 30 deadline, with top prize of $1M made possible by Ingram Micro.
Intel:
The field of opportunity for AI is immense—does your CPU have AI Inside?  —  Here are three questions every technology buyer should be asking of their AI tech supplier.

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Earlier Picks

New York Times:
Dieter Bohn / The Verge:
Cyrus Farivar / Ars Technica:
Jon Levine / The Wrap: