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July 31, 2018, 1:30 PM
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Top News

New York Times:
Sources: Facebook has alerted Congress to new coordinated political influence campaign, with dozens of inauthentic accounts and pages, ahead of midterms  —  WASHINGTON — Facebook is preparing to announce that it has identified a coordinated political influence campaign …
Facebook:
Facebook bans 32 Pages and accounts from FB and Instagram for “coordinated inauthentic behavior”, says they were far better at covering tracks than Russia's IRA  —  Today we removed 32 Pages and accounts from Facebook and Instagram because they were involved in coordinated inauthentic behavior.
Richard Kerby:
Review of ~1,500 VCs shows about 40% attended either Stanford or Harvard, and the group is 82% male, 70% white, 26% Asian, 3% black, and 1% Hispanic  —  The lack of diversity within venture capital is something I have been hard at work to try and remedy and I write about frequently.
Bloomberg:
Samsung misses Q2 estimates with an operating profit of ~$13.4B, up 5.7% YoY, on revenue of ~$52.19B, down 4% YoY, amid weak sales of Galaxy S9  —  Samsung Electronics Co.'s net income fell short of analysts' estimates as slowing growth in the global smartphone market hits demand for its Galaxy devices …
Nick Statt / The Verge:
WhatsApp group calling for voice and video, announced at F8, now live globally on iOS and Android, with end-to-end encryption and support for up to four users  —  Up to four people can chat simultaneously  —  Back at Facebook's F8 developer conference in May, WhatsApp announced …
Ben Thompson / Stratechery:
Despite Facebook's disappointing Q2 earnings, its moats are deeper than ever and its money-making potential is not only huge but growing  —  While I was mostly unplugged on my vacation last week, with the news of Facebook's disappointing earnings report and subsequent stock decline …
Dean Takahashi / VentureBeat:
Nintendo sells 19.7M Switch consoles to date, with net sales of $1.513B in the quarter ending June 30, up 9% YoY, and profit of $394.6M, up 42% YoY  —  Nintendo reported net sales of $1.513 billion for the first fiscal quarter ended June 30, up 9 percent from $1.386 billion for the same period a year ago.
Wall Street Journal:
Apple has recently come under fire from several Chinese state media outlets for allegedly failing to effectively counter prohibited content in iMessages  —  The state-controlled media criticism comes amid rising trade tensions with the U.S.  —  BEIJING— Apple Inc. AAPL .32% has come under fire …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 1:30 PM ET, July 31, 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

Benjamin Mullin / New York Times:
The NYT added 210,000 digital subscribers in Q1, for 10.5M subscribers in total, up 8% YoY, and ad revenue fell 2.4% YoY to $103.7M; the OpenAI lawsuit cost $1M

Austin Fuller / Current:
NPR CEO Katherine Maher will not attend a US House committee hearing on May 8 looking at alleged NPR bias due to a schedule conflict, but offers to appear later

Joshua Benton / Nieman Lab:
A historical look at Pulitzer winners shows the decline of local and regional newspapers and the growth in online news outlets, especially at the local level

More News

Dustin Volz / Wall Street Journal:
Sources: DHS to announce the creation of a new center aimed at guarding the nation's banks, energy companies, and other industries from major cyberattacks
Jeffery C. Mays / New York Times:
Some civil rights groups join Uber's fight against NYC's proposed one-year freeze on for-hire vehicle licenses, say it will adversely impact blacks and Latinos

Earlier Picks

Kirsten Korosec / TechCrunch:
Uber says it will stop development of self-driving trucks and instead focus on self-driving cars; Uber Freight is unaffected by this decision
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