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July 19, 2019, 10:15 AM
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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:
Tom Warren / The Verge:
Microsoft's Xbox hardware revenue declined 48% YoY in Q4, but Xbox Live active users grew to 65M
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
Geoffrey A. Fowler / Washington Post:
Chrome and Firefox extensions with up to 4M installs leaked sensitive data, including names and passwords, to marketing intelligence service Nacho Analytics  —  As many as 4 million people have Web browser extensions that sell their every click.  And that's just the tip of the iceberg.
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.
Brandon Bilinski / YouTube Blog:
YouTube adds one click switch between audio and video for YouTube Premium and YouTube Music Premium subscribers, has time-matched over 5M songs  —  Imagine listening to a new track by your favorite artist in the YouTube Music app and having the ability to seamlessly switch over to watch …
Catalin Cimpanu / ZDNet:
The Kazakhstan government is making ISPs force users to install a government-issued certificate on all devices and in every browser to intercept HTTPS traffic  —  Kazakh government first wanted to intercept all HTTPS traffic way back in 2016, but they backed off after several lawsuits.
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.
Wall Street Journal:
The Google Transparency Report, a searchable database of political ads has errors, delays, and often does not record political ads bought with Google's ad tools  —  Mistakes have occurred in the Google Transparency Report for both Democratic and Republican presidential and congressional candidates
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 …
Washington Post:
The panic over FaceApp highlighted how public attitudes about the internet have changed amid a widespread reckoning over data privacy and election interference  —  Shortly after the playful photo-transforming FaceApp went viral Wednesday as the most downloaded smartphone app in America …
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
Frederic Lardinois / TechCrunch:
Lexion, which develops AI-powered solutions for managing contracts, raises a $4.2M seed round  —  Contract management isn't exactly an exciting subject, but it's a real pain point for many companies.  It also lends itself to automation, thanks to recent advances in machine learning and natural language processing.
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?

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From Mediagazer

Winston Cho / The Hollywood Reporter:
The FTC bans noncompete clauses that restrict job switching, potentially complicating hiring in Hollywood as firms try to protect trade secrets and other info

Rolling Stone:
Ex-AMI CEO David Pecker testifies about agreeing to be Trump's “eyes and ears” and how the National Enquirer used Michael Cohen's prompts to bash Trump rivals

New York Times:
Sources detail NPR's struggles with declining audiences, falling sponsorship revenue, internal conflicts over turning things around, and a diversity push

More News

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”
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

Earlier Picks

Shelby Brown / CNET:
Google increases Chrome bug bounty rewards, tripling the maximum baseline reward from $5,000 to $15,000 and doubling the maximum reward from $15,000 to $30,000
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”
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
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
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