| Apple: |
| Alphabet: |
| Frederic Lardinois / TechCrunch: |
In its Q2 earnings call, Google said its cloud business now has an $8B annual revenue run rate, up from the $4B the company reported in early 2018 — It's been a while since Google last shared any fundamental financial data about its cloud business. In today's earnings call, though … | Frederic Lardinois / TechCrunch: |
| 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.| 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.| 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 … | Emil Protalinski / VentureBeat: |
Q2 AWS sales grew 37% YoY, the first sub-40% growth rate since Amazon started sharing AWS figures; “other” revenue, mostly its ad business, was $3B, up 37% YoY — Amazon today reported earnings for its second fiscal quarter of 2019, including revenue of $63.4 billion … | Amazon.com: |
| Caroline Haskins / VICE: |
FOIA docs show Ring required Lakeland, FL, police to advertise its surveillance cameras in exchange for free products and a portal for requesting footage — The Lakeland, Florida police department is required to “encourage adoption” of Ring products as part of a secret agreement with the company.| 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.| Pew Research Center: |
Study of YouTube channels with 250K+ subs in early 2019: a small share produce most of the content, kids videos do very well, and most videos aren't in English — The media landscape was upended more than a decade ago when the video-sharing site YouTube was launched.| Dieter Bohn / The Verge: |
T-Mobile says it will not carry Samsung's Galaxy Fold when it is released in September; AT&T says it is still working with Samsung — It will still work on the network, but it's a ding against Samsung — Now that Samsung has announced that it has made changes to the Galaxy Fold … | Christina Farr / CNBC: |
Livongo, which makes a platform to help people manage chronic conditions, raises $350M+ in its IPO, closing up 36% at $38.10 and valued at ~$3.6B — KEY POINTS — In 2018, digital health companies raised more than $8.1 billion in venture capital financing, according to Rock Health.| Lucas Matney / TechCrunch: |
Unity announces it is raising $525M from D1 Capital Partners, Canada Pension Plan Investment Board, Light Street Capital, others, doubling its valuation to $6B — Unity's private valuation is climbing but it's growing unclear whether the company's leadership is planning to take the 15-year-old gaming powerhouse public anytime soon.| NEWS.com.au: |
Australia's ACCC releases final report on anti-competitive behavior and market power of tech giants, offers 23 recommendations including a stronger Privacy Act — Tech giants including Google, Facebook will face greater scrutiny after the ACCC handed down its landmark final report today.| Washington Post: |
Current and former moderators in Manila describe how tech companies like Facebook, YouTube, and Twitter outsource the trauma that comes with content moderation — Social media giants have tasked a workforce of contractors with reviewing suicides and massacres to decide if such content … | Matthew Rosenberg / New York Times: |
Facebook's ad library is so plagued by bugs and technical constraints that researchers say it is effectively useless to adequately track political advertising — The social network's new ad library is so flawed, researchers say, that it is effectively useless as a way to track political messaging.| Wall Street Journal: |
Sources: Nubank, a Brazil-based digital bank, is raising $400M led by TCV in a deal that would value the company at more than $10B — TCV expected to lead a $400 million financing in Brazilian financial technology business After SoftBank talks fell through| businesstoday.in: |
WhatsApp to roll out its payments service in India this year, after developing a system that stores data locally to comply with Reserve Bank of India's policy — WhatsApp's ambitious payment services' blueprint in India has been caught in a bind over concerns around authentication and its data storage practices| Christine Fisher / Engadget: |
Google rolls out a new, AMP-powered Swipe to Visit feature for Google Images that lets users see a preview of the website header and swipe up to visit the page — Google wants to make it easier for users to search for content through Google Images. To do so, it's rolling out a new, AMP-powered Swipe to Visit feature.
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| Cecilia D'Anastasio / Kotaku: |
| Tony Romm / Washington Post: |