Techmeme
July 26, 2019, 10:26 AM

Top News

Apple:
Apple to acquire the majority of Intel's smartphone modem business in a transaction valued at $1B  —  Cupertino and Santa Clara, California — Apple and Intel have signed an agreement for Apple to acquire the majority of Intel's smartphone modem business.  Approximately 2,200 Intel employees …
New York Times:
Senate Intelligence Committee report acknowledges that Russia targeted election systems in all 50 states in 2016, but key lessons for 2020 were redacted  —  WASHINGTON — The Senate Intelligence Committee concluded Thursday that election systems in all 50 states were targeted by Russia in 2016 …
Pavel Alpeyev / Bloomberg:
SoftBank announces Vision Fund 2, will commit $38B to it with the goal of raising $108B; Apple, Microsoft, and others are expected to contribute  —  SoftBank Group Corp.'s founder Masayoshi Son launched a second Vision Fund, seeking to extend his reign as the world's most influential technology investor.
Alphabet:
Alphabet reports Q2 revenue of $38.9B, up 19% YoY, net income of $9.9B, up from $3.2B YoY, and a stock buyback of $25B; stock up 9%+  —  Alphabet Announces Second Quarter 2019 Results MOUNTAIN VIEW, Calif. - July 25, 2019 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended June 30, 2019.
Frederic Lardinois / TechCrunch:
Bloomberg:
Source: Apple and Goldman Sachs's credit card is targeted to launch as early as the first half of August  —  - Card aims to bolster Apple services, push consumers to Goldman  — The corporate pairing was ambitious, and at times awkward  —  Apple and Goldman Sachs's hotly anticipated …
Steve Lohr / New York Times:
Two antitrust academics say Chris Hughes joined them in meetings with the FTC, the DOJ, and state AGs to lay out a potential antitrust case against Facebook  —  Chris Hughes used to huddle with Mark Zuckerberg in a Harvard dorm room building Facebook from scratch.
Lauren Feiner / CNBC:
Twitter Q2 earnings beat estimates with revenues of $841M, up 18% YoY, and 139M monetizable daily active users (mDAUs), up 14% YoY  —  KEY POINTS  — Its the first quarterly report with a new measurement of engagement — monetizable daily active users (mDAUs).
businesstoday.in:
Daisuke Wakabayashi / New York Times:
Rep. Tulsi Gabbard sues Google for briefly suspending her Ads account after the first Democratic debate; Google says unusual activity triggered the suspension  —  Representative Tulsi Gabbard, the long-shot presidential candidate from Hawaii, said in a federal lawsuit that Google infringed …
Amazon.com:
Quartz:
Long Island Iced Tea Corp's pivot to blockchain in 2017 is being investigated by the FBI for insider trading and securities fraud, according to search warrants  —  Even during the heady days of the epic bitcoin bubble in 2017, Long Island Iced Tea Corp.'s pivot to blockchain was a particularly brash ploy to latch onto the crypto hype.

Sponsor Posts

Meta:
Open Source AI: Available to all, not just the few  —  Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Zoho:
10 ways you can transform your retail business with Zoho Workplace  —  According to Vantage Market Research, the size of the global retail market may reach a staggering $40 trillion by 2030.  That's trillion with a T, followed by thirteen zeros.
Hamming:
Make AI Voice Agents trustworthy  —  Hamming AI automatically tests AI voice agents and continuously monitors them in production.
Techmeme Ride Home:
Tue. 12/03 - Where Does Intel Go From Here?
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:26 AM ET, July 26, 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

NEWS.com.au:
Dieter Bohn / The Verge:

Earlier Picks

Caroline Haskins / VICE:
Pew Research Center:
Kyle Wiggers / VentureBeat:
Washington Post: