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Techmeme
July 18, 2019, 12:40 PM
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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.
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:
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
Chris Welch / The Verge:
Netflix says it plans to launch a cheaper mobile-only streaming plan starting in India in Q3
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
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
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
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
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 …
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 12:40 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

Bloomberg:
Sources: Paramount offers three-year agreements to AMC and Regal to release 30 movies per year exclusively in cinemas for at least 45 days if it acquires WBD

Andrew Zucker / The Hollywood Reporter:
Popular creators are increasingly hiring remote video editors from countries like India and the Philippines, paying anywhere from $30/hour to $100K+ full-time

Todd Spangler / Variety:
Trump names Danielle Thumann, an adviser to FCC Chairman Brendan Carr, to serve as an FCC commissioner; if confirmed, she'd bring the Republican majority to 3-1

More News

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
Brian Merchant / Columbia Journalism Review:
To duck accountability, “on background” has become the default method by which Silicon Valley disseminates information, often abetted by tech journalists
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
CNBC:
Microsoft says AT&T's 250,000 staffers will use Azure and the Office 365 suite in a non-exclusive deal; source says the multi-year deal is worth $2B+
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