Techmeme
July 31, 2018, 6:05 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.
More: MacRumors
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 …
Bloomberg:
Inside Waymo's self-driving efforts in Phoenix and its partnership with the city's metro authority as it readies a pilot 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.
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.
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 …
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.
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
Dean Takahashi / VentureBeat:
Nintendo has sold 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.
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
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 …
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 …

Sponsor Posts

Smartsheet:
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Zoho:
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Google Cloud:
What does the future of cloud computing hold  —  and what does this mean for businesses?  We looked at the data, talked to luminaries, and listened to customers across the world.  Here's what they said.
Intel:
Here's how Intel is powering breakthrough research in astronomy, medicine, AI and beyond  —  Fastest supercomputer in academia - Frontera, is based on 2nd generation Intel® Xeon® Scalable processors.
Mattermost:
How is Mattermost different from Slack?  —  Learn why Mattermost is the #1 open source Slack alternative.

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Jeffery C. Mays / New York Times:
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