Techmeme
July 18, 2019, 11:45 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:
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.
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 …
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.
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:
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:
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.
Ionut Ilascu / BleepingComputer:
US Treasury's FinCEN says scammers tried to steal an average of $301M per month via business email compromise scams in 2018, up from $110M per month in 2016  —  The frequency of business email compromise (BEC) scams has increased year over year and so did the value of attempted thefts …

Sponsor Posts

Google Meet:
Try Google Meet Video Meetings  —  Google's premium video meetings are now free for everyone.  Find it at meet.google.com.
Zoho:
Improve customer service with extensions for Zoho Desk powered by Zoho Flow  —  On Zoho Marketplace, we have over 950 extensions to simplify and improve everyday workflows and help make the most of Zoho products.
Techmeme Leaderboards:
Find out who the top reporters are in 43 different tech categories  —  Who are the most influential writers on topics like AI, VR, IoT, or e-commerce?  We've analyzed Techmeme's news crawl data to find out.
Oura:
What are the stages of sleep?  —  REM sleep?  Deep sleep?  Light sleep?  Why each is important, and how much of each stage do you need for a restful night?

Listen to Techmeme's Podcast:

Techmeme Ride Home: Wed. 06/03 - Is On-Device Translation Coming to iOS? Subscribe via Apple Podcasts, Google Play, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 11:45 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.

More News

Ari Levy / CNBC:

Earlier Picks

Ken Dilanian / NBC News:
Greg Kumparak / TechCrunch: