Techmeme
July 30, 2021, 6:15 AM

Top News

Amazon.com, Inc.:
Amazon reports Q2 revenue of $113.08B vs. $115.2B est., net sales grew 27% YoY, net income of $7.8B, and AWS net sales of $14.8B, up 37% YoY; stock down 5%+  —  SEATTLE—(BUSINESS WIRE) July 29, 2021—Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its second quarter ended June 30, 2021.
Maggie Fitzgerald / CNBC:
Robinhood closes down 8% on its first day of trading, after raising $2.1B in its IPO at a valuation of around $32B  —  - Stock trading app Robinhood fell more than 8% on its first day of trading on the Nasdaq.  — Robinhood's opening price was $38 per share.
Jay Peters / The Verge:
Snap says it resolved an issue that prevented some Snapchat users from logging in and advises users to manually update the app if the issue persists  —  Snap resolved an issue preventing users from logging in  —  Snapchat experienced a massive issue Thursday evening, with more than 125,000 users reporting problems on Downdetector.
Nick Statt / Protocol:
A look at the fallout from the Activision Blizzard suit, as the company confirms it fired WoW lead for misconduct last year and hires “union-busting” law firm  —  Activision Blizzard is in crisis mode.  The World of Warcraft publisher was the subject of a shocking lawsuit filed …
Jonathan Greig / ZDNet:
Researchers detail a never-before-seen attack against Iran's train system and transport ministry from a new threat actor using a reusable wiper called Meteor  —  SentinelOne analysts were able to recreate the July 9 attack and identify the threat actor behind it.
Salvador Rodriguez / CNBC:
Pinterest misses on user growth in Q2, with 454M MAUs vs. 482M est., as revenue beats, with $613M, up 125%+ YoY, vs. $562.1M est.; stock down ~14% after hours  —  - The company declined to provide third-quarter guidance on monthly active user due to the unknown impact of Covid-19 variants.
Thomas Brewster / Forbes:
Profile of Israeli surveillance startup Paragon, funded with $5-10M from US-based Battery, which sources say allows police to hack encrypted messaging apps  —  Paragon Solutions doesn't have a website.  There's very little information at all about them online, even if the Tel Aviv-based …
Michail / GSMArena.com:
Motorola announces the Edge 20, 20 Pro, and 20 Lite for Europe, Latin America, and Asia, coming in August with prices starting from €349.99  —  A trio of new Motorola phones was announced with the Edge 20 Pro, Edge 20 and Edge 20 Lite.  The Pro model brings a flagship specs sheet …
Karissa Bell / Engadget:
Twitter announces updates to Spaces which will let users tweet directly from the Space; iOS users will be able to search for live and upcoming Spaces  —  another update that makes the audio feature easier to share and discover.  Now, users will be able to compose a new tweet directly from the Space …
Ian Carlos Campbell / The Verge:
Amazon Kindle devices with built-in 3G won't be able to download e-books via cellular connection in the US starting in December as carriers switch off 2G and 3G  —  Devices that can't connect to Wi-Fi will be out of luck  —  Amazon's Kindle e-readers with built-in 3G will begin to lose …

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More News

Kieran Leavitt / Toronto Star:
Jon Porter / The Verge:
Danielle Kaye / Reuters:

Earlier Picks

Chris Welch / The Verge:
Jordan Fabian / Bloomberg:
Eric Newcomer / Newcomer:
Ryne Hager / Android Police:
Karissa Bell / Engadget: