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July 18, 2019, 4:05 PM
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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.
Ryan Mac / BuzzFeed News:
Inside 18 months of turmoil at Grindr, which some former employees say began with its sale to Chinese company Kunlun Group and elevation of Scott Chen  —  Over the last 18 months, Grindr has faced a federal investigation, layoffs, mismanagement, and internal turmoil.
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.
Jennifer Miller / New York Times:
As podcast service Blubrry says there are now over 700,000 podcasts, with 2,000 to 3,000 launching every month, a look at whether we have reached “peak podcast”  —  If past experience (cough, blogs) is any indication, a shakeout is nigh.  —  In 2016, Morgan Mandriota and Lester Lee …
Julia Alexander / The Verge:
In some ways, Netflix's Q2 results were a disaster, highlighting the weakness of its US market, limits of international growth, and pain of losing huge shows  —  As US growth slows, executives look to international markets  —  Netflix reported earnings on Wednesday night, and the results were disastrous.
Todd Spangler / Variety:
In Q2, Netflix lost US subscribers for the first time since Q3 2011, dropping 130,000, and added fewer global subs than expected, citing a weak Q2 content slate
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%+
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:
As FaceApp goes viral again, many are wary of the image-altering app's weak privacy policy, the fact it's based in Russia, and that photos are sent to the cloud
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.
Ari Levy / CNBC:
Trump confirms he will look into Pentagon's JEDI cloud contract, set to be awarded to Microsoft and Amazon, after “tremendous complaints from other companies”  —  KEY POINTS  — President Trump said he's looking at the JEDI Contract that will be awarded to Microsoft or Amazon.
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
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 …
Dean Takahashi / VentureBeat:
Intel and SAP announce a multi-year partnership focused on data centers, combining Intel's hardware with SAP's software  —  Intel and SAP said they have launched a broader multi-year partnership focused on optimizing Intel's platform innovations for the datacenter.
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.
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:
The European Commission launches a formal antitrust investigation into possible anti-competitive conduct by Amazon in its dual role as marketplace and retailer

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This is a Techmeme archive page. It shows how the site appeared at 4:05 PM ET, July 18, 2019.

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.

From Mediagazer

Jennifer Maas / Variety:
Disney CEO Bob Iger says Marvel is going to reduce output and focus on quality by releasing “about two TV series a year” and a “maximum of three” films per year

Max Tani / Semafor:
Memo: Business Insider Global Editor-in-Chief Nich Carlson is stepping down and will become an editor-at-large focused on longer-term projects

Austin Fuller / Current:
NPR CEO Katherine Maher will not attend a US House committee hearing on May 8 looking at alleged NPR bias due to a schedule conflict, but offers to appear later

More News

Bloomberg:
How Amazon Go, which offers all the selection of a 7-Eleven but with more complexity and cost, became the company's most ambitious research project

Earlier Picks

Cade Metz / New York Times:
How Google Glass and other devices are being tested to teach children on the autism spectrum to make eye contact and recognize emotions
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
Greg Kumparak / TechCrunch:
As part of World Emoji Day, Apple and Google share designs for around 60 new emoji, many focused on representation around disability
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