Techmeme
July 27, 2018, 5:35 PM

Top News

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 …
Michelle Castillo / CNBC:
Twitter closes down more than 20% after company reports 1M QoQ decline in monthly active users  —  - Monthly active users (MAUs): 335 million vs. 338.5 million, according to StreetAccount and FactSet estimate  —  Twitter shares closed more than 20 percent down on Friday after the company reported …
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.
Claire Boston / Bloomberg:
SEC filing: MoviePass ran out of money and couldn't cover the bills causing service outage on Thursday, had to take out short term $6M+ loan due in early August  —  Helios and Matheson Analytics Inc., the parent company of MoviePass, received a short-term loan for more than $6 million …
Chloe Aiello / CNBC:
New York State Public Service Commission votes to revoke approval of the 2016 Charter/TWC merger, saying company failed to meet broadband buildout obligations  —  - The New York State Public Service Commission voted on Friday to revoke its approval of the 2016 merger agreement between Charter Communications and Time Warner Cable.
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?
Romain Dillet / TechCrunch:
Norway-based browser maker Opera opens up 19.5% on its first day of trading in US after raising $115M in its IPO  —  Opera is now a public company.  The Norway-based company priced its initial public offering at $12 a share — the company initially expected to price its share in the $10 to $12 price range.

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Zoho:
The Partner's guide to marketing on LinkedIn  —  What is LinkedIn® really?  —  It's a question that keeps popping up from time to time, is it a social media site for professionals?  —  Is it a platform for job seekers and recruiters to meet?
Intel:
The Future of Gaming is About More Than Just Processors  —  When it comes to making the PC the best place to play, you have to give developers the tools they need, provide real world performance and anticipate what's next.

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