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July 18, 2019, 5:15 PM
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microsoft.com:
Microsoft reports Q4 revenue of $33.7B, up 12% YoY, operating income of $12.4B, up 20% YoY, and net income of $13.2B, up 49% YoY  —  REDMOND, Wash. — July 18, 2019 — Microsoft Corp. today announced the following results for the quarter ended June 30, 2019, as compared to the corresponding period of last fiscal year:
Jordan Novet / CNBC:
Microsoft reports Q4 Intelligent Cloud revenue of $11.39B, up 19% YoY, with Azure revenue up 64% YoY, its lowest growth rate in at least four years  —  KEY POINTS  —  Microsoft CEO Satya Nadella reacts during a panel session on day three of the World Economic Forum in Davos, Switzerland, on Jan. 24, 2019.
More: Quartz
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.
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 …
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.
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.
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
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  —  Jeff Bezos and his company have spent seven years and hundreds of millions of dollars getting rid of cashiers.  Will it pay off?
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
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.
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.
Reuters:
German transport app FlixMobility raises Series F co-led by TCV and Permira; sources say the Series F was for about €500M, valuing the company at more than €2B  —  FRANKFURT/MUNICH (Reuters) - Transport app FlixMobility has raised around 500 million euros ($561 million) …

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From Mediagazer

Sara Fischer / Axios:
Bari Weiss announces a slate of 18 new contributors, including Derek Thompson and existing Free Press writers like conservative historian Niall Ferguson

The Detroit News:
USA Today Co., which owns the Detroit Free Press, plans to acquire The Detroit News from MediaNews Group and continue to publish it separately

Natalie Korach / Status:
Sources: WaPo is laying off up to 300 employees, including over 100 staffers in the sports, metro, and foreign teams; the sports desk may be shuttered entirely

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
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:
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
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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