Techmeme
July 18, 2019, 12:50 PM

Top News

European Commission:
European Commission fines Qualcomm €242M for abusing its dominance in 3G baseband chipsets by selling below cost to force its competitor Icera out of the market  —  The European Commission has fined Qualcomm €242 million for abusing its market dominance in 3G baseband chipsets.
Donie O'Sullivan / CNN:
DNC warns 2020 presidential campaigns not to use FaceApp; alert from DNC's chief security officer notes that the app was “developed by Russians”  —  Washington (CNN) — The Democratic National Committee sent a security alert to 2020 presidential campaigns Wednesday afternoon warning …
Jim Waterson / The Guardian:
Netflix Investor Relations:
Netflix reports Q2 revenue of $4.9B, up 26% YoY, and total paid membership of 152M, up 22% YoY, but it added 2.7M new subs, down from 5.5M YoY; stock down 10%+  —  Fellow shareholders, As expected, revenue growth accelerated 400 basis points to 26%, and operating income increased 53% year over year in Q2.
Todd Spangler / Variety:
Chris Welch / The Verge:
Catalin Cimpanu / ZDNet:
Slack says it is resetting passwords for 1% of its users after receiving new info about the company's 2015 security breach; in April, Slack said it has 10M DAUs  —  Company said it received a batch of compromised credentials related to the 2015 hack via its bug bounty program.
Ken Dilanian / NBC News:
Microsoft says it has warned ~10,000 customers of nation-state attacks in the past year and tracked 781 cyberattacks by foreign adversaries this election cycle  —  The tech giant says it has tracked more than 700 cyberattacks by foreign adversaries against U.S. political organizations so far this election cycle.
Alfred Ng / CNET:
Google removes seven stalkerware apps from the Play Store that were found by Avast researchers; the apps had been installed more than 130,000 times  —  You'd think it would be difficult to find an app that can secretly track a person's every move.  But researchers have found them right in the open on Google's Play Store.
Bloomberg:
Sources: Trump is looking into the Pentagon's JEDI contract, which is set to be awarded to Amazon or Microsoft, to decide whether he should intervene  —  - Pentagon poised to give JEDI contract to Amazon or Microsoft  — President frustrated he was unaware of Republican concerns
Anthony Ha / TechCrunch:
Haus, a real estate startup started by Uber co-founder Garrett Camp as part of his startup studio Expa, raises $4.1M in seed funding and $3M in debt  —  Haus, a startup aiming to make home ownership more affordable and flexible, is announcing that it has raised $7.1 million in new funding.
More: FinSMEs
Greg Kumparak / TechCrunch:
Instagram expands its test to hide the number of likes on other users' posts to six more countries: Ireland, Italy, Japan, Brazil, Australia, and New Zealand  —  Would the Internet be a better place if we all paid a little less attention to fake Internet points?  Instagram is still trying to figure it out.
Jacob Kastrenakes / The Verge:
Instagram strengthens moderation policies, introducing an alert to warn people when their account is close to being deleted and giving moderators more leeway  —  Instagram is strengthening its moderation policies today and adding a new alert that will warn people who violate rules when their account is close to being deleted.
More: Instagram and Engadget
Manish Singh / TechCrunch:
New Delhi-based MyMoneyMantra, which operates a marketplace for financial services, raises $15M, its first external funding in its 30-year history  —  MyMoneyMantra, a 30-year-old New Delhi-based firm that operates a marketplace of financial services, has raised $15 million in its maiden funding round …
Kyle Wiggers / VentureBeat:
Pivot, whose gym product Smartspot uses a depth-sensing camera to record workouts and identify incorrect postures, comes out of stealth, raises $17M Series A  —  There's no shortage of fitness apps that promise to tone your muscles and boost your baseline heart rate, but a new challenger …
Sarah Perez / TechCrunch:
Wattpad's ad-free subscription tier and Wattpad Paid Stories, which offers exclusive, paywalled content to users, are now available worldwide to its 70M+ users  —  Online storytelling community Wattpad, also now a content feeder for streaming services and other media companies, is taking its two consumer-facing paid products global.
More: BetaKit and The Wrap
Douglas Busvine / Reuters:
After a seven-month probe, Amazon reaches a deal with German antitrust watchdog to give 30 days notice and a reason for removing a merchant from its platform  —  FRANKFURT (Reuters) - Amazon (AMZN.O) has reached a deal with Germany's anti-trust authority to overhaul its terms of service …
European Commission:

Sponsor Posts

Smartsheet:
Gartner research vice president Mike Gotta to present at Smartsheet ENGAGE  —  Gotta will discuss why collaborative work management is increasingly essential for business at Smartsheet's annual customer conference Sept. 30-Oct. 3 in Seattle.
TWiT.tv:
Your first podcast of the week is the last word in tech  —  Tech expert Leo Laporte and top pundits cover the latest tech news, innovations, gear, and pitfalls.  Subscribe to This Week in Tech on your favorite podcatcher.
Google Fi:
Google Fi - a phone plan, by Google  —  We felt that most phone plans just weren't made with you in mind.  So that's why we built Google Fi with features that real people actually want.  Click to learn more.
Zoho:
Email marketing in 2019 — a digital marketer's perspective  —  Pundits have unanimously predicted that the popularity of email marketing will further soar in the coming years.  2019 has almost come to an end …
Ingram Micro:
Apply for the World's Largest Startup Competition  —  B2B ISVs are encouraged to apply for the Comet Competition ahead of the September 30 deadline, with top prize of $1M made possible by Ingram Micro.
Intel:
The field of opportunity for AI is immense—does your CPU have AI Inside?  —  Here are three questions every technology buyer should be asking of their AI tech supplier.

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