| Adi Robertson / The Verge: |
Magic Leap headset first look: functional and thoughtfully-designed, with some advantages over competitors, but not a radical step forward nor a magical advance — When you write about augmented reality headsets, you're supposed to start by describing something impossible … | Scott Stein / CNET: |
Magic Leap's One AR headset is now available via its website for $2,295+ in Chicago, Los Angeles, Miami, New York, San Francisco (Bay Area), and Seattle — The Magic Leap One AR headset is out now for $2,295, but not everywhere — Surprise! But there's a good chance you still may not be able to buy it.| Josh Constine / TechCrunch: |
Snap reports Q2 revenue of $262.3M, up 44% YoY, vs. $249.8M est., and 188M DAUs, up 8% YoY but down from 191M in Q1; stock down 6%+ — The Stories War has officially killed Snapchat's growth. In Q2 2018 earnings today, Snapchat's daily user count shrank 1.5 percent to 188 million this quarter … | Troy Wolverton / Business Insider: |
Saudi Prince Alwaleed gradually built up a 2.3% stake in Snap, spending $250M through May 25; he paid ~$11/share as Snap's price bottomed out at $10.50 in May — - Saudi Arabian Prince Alwaleed Bin Talal announced Tuesday he's taken a 2.3% stake in Snap — a deal worth about $250 million.| Marc Vartabedian / Wall Street Journal: |
| Josh Constine / TechCrunch: |
Facebook launches two AR games for Messenger video chat that can be played with up to six people — Facebook is diving deeper into in-house game development with the launch of its own version of Snapchat's multiplayer augmented reality video chat games. Today, Facebook Messenger globally launches … | David French / New York Times: |
Given the malleability of the “hate speech” label, tech companies should use libel and slander legal standards when removing content like Infowars — “Hate speech” is extraordinarily vague and subjective. Libel and slander are not. — Mr. French is a First Amendment litigator and senior writer for National Review.| Shoshana Wodinsky / The Verge: |
| Clifton Leaf / Fortune: |
Salesforce names Keith Block, the company's vice chairman and president, co-CEO alongside Marc Benioff — Salesforce announced this evening that Keith Block, the company's vice chairman and president, would become co-CEO alongside Marc Benioff, the socially minded billionaire who has led … | Karl Bode / Motherboard: |
Study shows how millions of customers in the US with very slow broadband speeds are paying the same price as those with much faster speeds — Most Americans pay roughly the same price for their internet connection, even if their service is painfully slow. — Despite the ample hype … | Bloomberg: |
Sources: SoftBank is in talks to invest $500M to $750M in Zume, a California-based startup with delivery trucks that prepare fresh robot-made pizzas en route — SoftBank Group Corp. is in talks to invest from $500 million to $750 million in Zume Inc., a startup that makes and delivers fresh pizzas … | TechCrunch: |
Sources: Slack is raising about $400M or more led by General Atlantic at a post-money valuation of at least $7B — Slack — the app that lets coworkers and others in professional circles chat with each other and call in data from hundreds of integrated apps in the name of getting more work done … | BuzzFeed News: |
Some freelancers say they must agree to opt-in to Upwork's Work Diary feature, which counts keystrokes and takes screenshots, to guarantee payments from clients — “I've never had a client expect to be able to look over my shoulder for every minute of every day," Florin told BuzzFeed News via direct message.| Meagan Flynn / Washington Post: |
Subpoena for Discord, the app used by white supremacists to plan the Charlottesville rally, could reveal their identities — In the months before the Charlottesville “Unite the Right” rally last August, a chat app called Discord was abuzz with alt-right agitators.| Wall Street Journal: |
Sources: Bytedance is raising ~$3B at a valuation of up to $75B ahead of possible Hong Kong IPO this year or next — Owner of China's top news-aggregation app could be valued at $75 billion — Beijing Bytedance Technology Co. has kicked off an equity-fundraising round that could value …
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| Marrian Zhou / CNET: |
| Dell Cameron / Gizmodo: |