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Techmeme
July 27, 2018, 10:10 PM
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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 …
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.
Louise Matsakis / Wired:
Profile of the Guerrilla Skepticism on Wikipedia project, which has 120+ volunteers rewriting articles on conspiracy theories and unscientific health info  —  SUSAN GERBIC SPENT her career photographing babies at a department store in Salinas, California, just 100 miles south of San Francisco.
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.
Shona Ghosh / Business Insider:
UK-based Improbable raises $50M from NetEase to bring its large-scale game simulation platform SpatialOS to China; sources: Improbable doubled valuation to $2B  —  - SoftBank-backed Improbable has raised $50 million via a strategic investment from Chinese gaming giant NetEase.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:10 PM ET, July 27, 2018.

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

Todd Spangler / Variety:
On a staff call, Bari Weiss defends firing Scott Pelley, saying the foundation of “trust and mutual respect” was broken after Pelley's outburst on Monday

Bloomberg:
Bill Ackman's Pershing Square plans to sell its stake in Universal Music Group, days after the Amsterdam-listed group rejected his takeover bid

Washington Post:
Two Stars and Stripes advisory board members sue the US Defense Department, saying new restrictions on the paper violate the First Amendment and federal law

More News

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

Earlier Picks

Washington Post:
New study of nine US cities says services like UberPool are increasing traffic congestion by luring customers who would otherwise have taken transit or walked
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
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
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