Techmeme
August 8, 2018, 12:50 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 …
Marc Vartabedian / Wall Street Journal:
Snap's DAU decline in Q2 marks the first time Snapchat has lost daily users since the company was founded in 2011  —  Report of disappointing growth follows news that Facebook and Twitter are seeing a slowdown  —  Snap Inc. reported its first quarterly decline in daily users …
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:
David French / New York Times:
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
Mozilla Press Center:
Mozilla unveils Advance, an experimental machine learning-driven Firefox extension that recommends pages to read next based on browsing habits and user input  —  The internet today is often like being on a guided tour bus in an unfamiliar city.  You end up getting off at the same places that everyone else does.
Dell Cameron / Gizmodo:
Report from FCC's inspector general refutes controversial claims by senior FCC officials that a cyberattack hobbled its comment system in May 2017  —  An investigation carried out by Federal Communication Commission's own inspector general officially refutes controversial claims that a cyberattack …
Todd Spangler / Variety:
Video streaming startup NewTV, led by Jeffrey Katzenberg and Meg Whitman, raises $1B round with Disney, Alibaba, NBCUniversal, Viacom, and others participating  —  Backers include Disney, Fox, Sony, Lionsgate, MGM, NBCU, Viacom, WarnerMedia, Alibaba, Liberty Global, Madrone Capital
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 …
Instapaper:
Instapaper returns to EU users after being unavailable since May 24 for GDPR compliance and relaunches Instapaper Premium subscription for $2.99/month  —  This year Instapaper celebrated its tenth birthday and, now that we are an independent company, we've been thinking a lot about the next ten years of Instapaper and beyond.

Sponsor Posts

SignalFire:
We need startups to fight prompt injection, the top LLM security risk  —  Check out our AI security market map, and reach out if you're building a way to defend chatbots from this new hacking technique.
Tribe AI:
Is AI just hype?  —  Find out how top enterprises use Tribe to get real business results.
Techmeme Leaderboards:
Discover the top reporters on AI, VR, policy, and much more  —  We've analyzed Techmeme's news crawl to identify the most influential and prolific writers on 48 news topics.  Download reports immediately for just $100.
Zoho:
Craft the perfect job description with Smart Assist  —  A job description (JD) is often your first line of communication with candidates.  This is your opportunity to share what you expect out of the role and what life is like at your company.
Techmeme Ride Home:
(Bonus) Ed Zitron On The Social Landscape
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 12:50 AM ET, August 8, 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.

More News

Earlier Picks

Robert Safian / Fast Company:
Emil Protalinski / VentureBeat: