Techmeme
August 8, 2018, 6:20 AM

Top News

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  —  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 …
Shoshana Wodinsky / The Verge:
Following bans of Infowars' content, its mobile app has shot up iOS App Store and Google Play Store charts, going from 47th to 4th in US news category on iOS  —  ‘Infowars WILL NOT be silenced’  —  Infowars Official, the app named after Alex Jones' controversial radio talk show …
CNBC:
Twitter says accounts for Alex Jones and Infowars do not violate its policies, and it will leave them live for now  —  - Apple, Facebook and Google-owned YouTube removed videos, pages and podcasts posted by the controversial radio host.  — Jones took to Twitter and its wholly owned …
David French / New York Times:
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 …
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 …
More: SiliconANGLETweets: @joshconstine
Marrian Zhou / CNET:
Apple responds to Congress' inquiry from last month on privacy and security with 19-page letter that covers location tracking, microphone use, and more  —  Apple has just responded to Congress' inquiry on how it protects user privacy.  —  The House Committee on Energy and Commerce …
Jem Aswad / Variety:
Warner Music Group sells its entire stake in Spotify for $504M  —  UPDATED: In its earnings call on Tuesday morning, Warner Music Group announced that it has now sold its entire stake in Spotify, realizing $504 million.  —  CEO Steve Cooper said that the sale resulted in $126 million …

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