Techmeme
July 18, 2019, 8:10 PM

Top News

Microsoft:
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:
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.
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 …
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.
Wall Street Journal:
Sources: WeWork co-founder Adam Neumann has cashed out more than $700M from the company ahead of its IPO through a mix of stock sales and debt  —  Adam Neumann has sold some of his WeWork stake and borrowed against some of his holdings, investing the proceeds in real estate and startups
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?
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:
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.
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.
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:
Ari Levy / CNBC:
Trump confirms he will look into Pentagon's JEDI cloud contract, set to be awarded to Microsoft or 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.
Joey Roulette / Orlando Weekly:
Orlando cancels the second phase of its Amazon Rekognition pilot, which began in October 2018, and says it has no immediate plans for future pilots of the tech  —  Orlando's two-phase pilot with Amazon to try out real-time facial recognition software ended Thursday, capping 15 months of technical lags …

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Smartsheet:
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Zoho:
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Google Cloud:
What does the future of cloud computing hold  —  and what does this mean for businesses?  We looked at the data, talked to luminaries, and listened to customers across the world.  Here's what they said.
Intel:
Here's how Intel is powering breakthrough research in astronomy, medicine, AI and beyond  —  Fastest supercomputer in academia - Frontera, is based on 2nd generation Intel® Xeon® Scalable processors.
Mattermost:
The teams behind legendary game titles Halo, Destiny, and others use Mattermost to collaborate.  —  Game studios like Bungie, Wargaming, and Valve keep trade secrets private behind their firewalls.

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