Techmeme
July 31, 2018, 4:55 PM

Top News

Apple:
Apple reports Q3 iPhone unit sales of 41.3M, up from 41.0M YoY, revenue of $53.3B, up 17% YoY, net income of $11.5B, up from $8.7B YoY  —  Revenue Up 17 Percent and EPS Up 40 Percent to New June Quarter Records  —  Services Revenue Reaches New All-Time High
Sara Salinas / CNBC:
Apple reports $9.55B in services revenue, up 31% YoY, vs. $9.21B est., as the company moves toward its goal of $14B in quarterly services revenue by 2020  —  - Wall Street had expected software and services revenue to remain essentially unchanged from the previous quarter, according to StreetAccount.
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.
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 …
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:
Inside Waymo's self driving efforts in Phoenix and its partnership with Valley Metro authority as it readies a pilot program to connect people to public transit  —  For the past year, Kyla Jackson has been one of the only teenagers in the world who gets a ride to high school from a robot.
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 …
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.
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 …
Dustin Volz / Wall Street Journal:
DHS announces the creation of a new center aimed at guarding the nation's banks, energy companies, and other industries from major cyberattacks  —  Center's creation is driven by growing recognition that sophisticated cyberattacks can cause systemic failure across society, official says
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 …
Alex Konrad / Forbes:
Customer messaging unicorn Intercom debuts its app store with 100+ apps from partners including Google, Stripe, Salesforce, Atlassian, and Marketo  —  A look at Intercom's app store.  —  Ask Intercom CEO Eoghan McCabe about what he calls the “p word,” and he'll wince like he's describing an overripe fruit.
Tweets: @intercomdevs
Nat Levy / GeekWire:
DocuSign acquires Chicago-based cloud document management company SpringCM for $220M in cash to grow its business beyond electronic signatures  —  DocuSign said it has agreed to acquire SpringCM, a Chicago-based cloud document generation and contract management company, for $220 million in cash.
More: DocuSign BlogThanks:@mnickelsburg
Nat Levy / GeekWire:
Zillow expands its Zillow Rental Manager service by letting US landlords collect applications and rent  —  Zillow Group today debuted new features that let people pay rent and apply for apartments through its website, the latest example of the Seattle tech giant's move to cover a bigger portion of the home rental and sales processes.

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Featured Podcasts

Access:
Is Roblox making the internet better or worse? We asked the CEO
A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.
Subscribe to Access.
Lenny's Podcast:
Why LinkedIn is turning PMs into AI-powered "full stack builders" | Tomer Cohen (LinkedIn CPO)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
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Great Chat:
Code red: our favorite tech rivalries
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
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Big Technology Podcast:
How An AI Model Learned To Be Bad — With Evan Hubinger And Monte MacDiarmid
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
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Channels with Peter Kafka:
PBS Lost a Billion Dollars. Now what? With CEO Paula Kerger
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
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Jeffery C. Mays / New York Times:
Nick Statt / The Verge: