Techmeme
July 30, 2019, 7:00 PM

Top News

Apple:
Apple reports Q3 revenue of $53.8B, up 1% YoY, record Services revenue of $11.5B, up from $10.2B YoY, iPhone revenue of $26B, down from $29.5B YoY; stock up 4%+  —  Company Revenue Sets June Quarter Record Services Revenue Reaches New All-Time High  —  Apple today announced financial results …
Chris Welch / The Verge:
iPhone is less than half of Apple's revenue for the first time since 2012; Mac had Q3 revenue of $5.8B, up from $5.3B YoY, iPad's rose to $5B, up from $4.6B  —  Apple is diversifying ahead of major services coming this fall  —  Apple today reported its fiscal third quarter 2019 earnings …
Todd Haselton / CNBC:
Tim Cook says the Apple Card will launch in August  —  KEY POINTS  — The Apple Card is launching in partnership with Goldman Sachs and will provide detailed information on purchases in the iPhone's Wallet app.  — Apple may use the credit card to build more financial services into the Wallet app in the future.
Bloomberg:
A researcher's tip to Capital One about leaked data led to the arrest of ex-Amazon employee Paige Thompson, who prosecutors say boasted online of her exploits  —  - Former Amazon employee stole data, boasted online, U.S. says  — ‘I gotta find somewhere to store it,’ hacker allegedly wrote
Devlin Barrett / Washington Post:
Capital One announces breach affecting ~106M US and Canadian customers, with most info accessed from credit card applications; FBI has arrested suspected hacker  —  Capital One, the Virginia-based bank with a popular credit card business, announced Monday that a hacker had accessed …
Megan Scudellari / IEEE Spectrum:
Larry Dignan / ZDNet:
AMD reports Q2 revenue of $1.53B, down 13% YoY, net income of $35M, and third-quarter guidance below Wall Street expectations; stock down 6%+ after hours  —  AMD projected third quarter revenue of about $1.8 billion, give or take $50 million.  Wall Street expected AMD to report revenue of $1.95 billion.
Catalin Cimpanu / ZDNet:
Steve Dent / Engadget:
Sony Q1: 3.2M PS4s sold, 100M sold since launch in 2014, while smartphone revenue dropped 15% QoQ, with 900K units shipped, less than half of Q1 2018  —  Despite flagging sales of late, Sony's PlayStation 4 has sold 100 million units, making it the fastest-selling console to hit that number.
Saheli Roy Choudhury / CNBC:
Huawei H1 2019: revenue of $58.26B, up 23.2% YoY; smartphone shipments of 118M, up 24% YoY; Canalys report says Huawei leads in China with 38.2% market share  —  KEY POINTS  — China's Huawei reported a 23.2% year-over-year increase in revenue for the first six months of 2019 despite facing political headwinds.
Kyle Wiggers / VentureBeat:
Identity verification startup Truework raises $12M Series A round led by Sequoia Capital  —  Truework, a San Francisco-based developer of cloud-hosted identity verification solutions, today announced that it has secured $12 million in a series A round led by Sequoia Capital, bringing its total raised to $15 million.
More: Forbes and PE Hub Blog
CoinDesk:
Coinbase's VP of Engineering Tim Wagner is leaving the exchange after just over a year at the company; two other senior engineering employees are also leaving  —  Coinbase executive Tim Wagner is leaving the crypto exchange after slightly over a year on the job.
Ingrid Lunden / TechCrunch:
Workplace collaboration platform Monday.com raises $150M Series D led by Sapphire Ventures, sources say at a $1.9B valuation  —  Workplace collaboration platforms have become a crucial cornerstone of the modern office: workers' lives are guided by software and what we do on our computers …
Emil Protalinski / VentureBeat:
Chrome 76 arrives with Flash blocked by default, a new safeguard to prevent Incognito mode detection, PWA improvements, and more  —  Google today launched Chrome 76 for Windows, Mac, Linux, Android, and iOS.  The release includes Adobe Flash blocked by default, Incognito mode detection disabled …
More: PCWorld
Saritha Rai / Bloomberg:
Pocket Aces, an India-based studio that uses AI to test show ideas before developing them, strikes a deal with Netflix, raises $14.7M from Sequoia, and others  —  - Digital studio Pocket Aces' Little Things now streams globally  — The Mumbai-based content creator snagged $15 million funding
Mary Jo Foley / ZDNet:
Microsoft says Skype for Business Online will be “retired” on July 31, 2021; Skype consumer users will be able to communicate with Teams users starting Q1 2020  —  As part of its Skype for Business Online to Teams transition, Microsoft will enable Skype consumer users to communicate …
Frederic Lardinois / TechCrunch:
DigitalOcean appoints former SendGrid COO and CFO Yancey Spruill as its new CEO, replacing Mark Templeton, who announced his decision to step down in May  —  DigitalOcean, the cloud infrastructure service that made a name for itself by focusing on low-cost hosting options in its early days …

Sponsor Posts

Google:
Try Gemini 3 Pro  —  Google's newest and most intelligent AI model that helps you bring any idea to life
Shopify:
Transform ML Experimentation with Tangle  —  Save months of compute time with Tangle, built by Shopify.  Try this open-source platform to simplify ML workflows, ensure reproducibility, and seamlessly share with collaborators.
Zoho:
Contract Signed.  Project Ready.  Tasks Created.  —  Every project begins with a promise; a contract that outlines the deliverables, the timelines, and the terms.  But for most businesses …
Bitrix24:
Bitrix24 powers the next generation of high-performing businesses  —  Chat, projects, CRM, and automation — all in one place.  Replace dozens of tools so your team moves faster, collaborates smarter, and grows effortlessly.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Hard Fork:
OpenAI Calls a 'Code Red' + Which Model Should I Use? + The Hard Fork Review of Slop
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
Access:
Is Roblox making the internet better or worse? We asked the CEO
A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.
Subscribe to Access.
Lenny's Podcast:
Why LinkedIn is turning PMs into AI-powered "full stack builders" | Tomer Cohen (LinkedIn CPO)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Great Chat:
Code red: our favorite tech rivalries
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Big Technology Podcast:
How An AI Model Learned To Be Bad — With Evan Hubinger And Monte MacDiarmid
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 7:00 PM ET, July 30, 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

Earlier Picks

Louise Matsakis / Wired: