| Amazon.com, Inc.: |
| Jill Goldsmith / Deadline: |
Amazon reports Q2 “other” category revenue, which mostly covers its ad business, of $7.9B, up 83% YoY, and subscription services revenue of $7.9B, up 28% YoY — Amazon saw second quarter net sales of $113 billion, up 27% but below expectations, dinging the shares in late trading.| 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.| 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 … | Jay Peters / The Verge: |
Snap says a technical issue has impacted some Snapchat users after ~125K reported problems on Downdetector, adds that it is working on a fix — Snap has acknowledged an issue preventing users from logging in — Snapchat is experiencing a massive issue as of Thursday evening … | Abner Li / 9to5Google: |
Neuralink, Elon Musk's brain-computer interface company, raises $205M Series C led by Vy Capital, with GV and others participating — In addition to SpaceX and Tesla, Neuralink is another Elon Musk company. Focused on building a brain machine interface, Neuralink today announced … | 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.| Daniel Estrin / NPR: |
Source: NSO Group has temporarily blocked several government clients globally from using its technology as the company investigates their possible misuse — Israeli spyware company NSO Group has temporarily blocked several government clients around the world from using its technology … | Ben Schoon / 9to5Google: |
A job listing shows that Google is considering making Stadia the backend of other “interactive streaming platforms” as a white-label option — After closing its in-house Stadia Games & Entertainment studios earlier this year, many have wondered what the future of Google's game streaming ambitions will look like.| 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 … | Ryne Hager / Android Police: |
Google updates Play Store policies to ban apps offering “compensated sexual relationships”, likely impacting sugar daddy dating apps, beginning September 1 — Today, Google published a handful of changes to its Play policies, and nestled among precise legalese refinements … | Michail / GSMArena.com: |
| Kieran Leavitt / Toronto Star: |
Canada proposes the creation of a digital safety commissioner role to oversee violations of new harmful online content rules and issue penalties to platforms — The Liberal government has proposed a vast new system that would be tailored to ensure illegal content, such as child pornography and hate-speech … | New York Times: |
A look at Turkey's aggressive regulatory stance towards Google, like banning shopping search ads, which some attribute to Erdogan's authoritarian leadership — The antitrust backlash against Big Tech is playing out in places not known as regulatory hotbeds.| 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 … | 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.| Jing Yang / Wall Street Journal: |
Sources: Didi is considering going private to placate Chinese authorities and compensate investors for losses with money made during its IPO; Didi denies report — Ride-hailing giant has been contemplating delisting plan as crackdown widens and has obtained support from cybersecurity watchdog| Igor Bosilkovski / Forbes: |
Voiceflow, a Canada-based SaaS platform that lets companies launch their own voice and chat bots, raises $20M Series A led by Felicis Ventures — Canadian collaborative conversational AI tool Voiceflow announced today that it has raised $20 million in a Series A round led by Felicis Ventures.| 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 … | Jordan Fabian / Bloomberg: |
More than 90 CEOs, including Cook, Pichai, Jassy, and Zuckerberg, urge Congress to ensure citizenship for Dreamers, after a judge ruled against the program — - More than 90 executives seek legal status for Dreamers — They say allowing citizenship would give U.S. economic boost| Karen Hao / MIT Technology Review: |
Profile of Sophie Zhang, a former Facebook data scientist who wrote an exit memo detailing Facebook's inadequate steps to address global election misinformation — Sophie Zhang, a former data scientist at Facebook, revealed that it enables global political manipulation and has done little to stop it.| Eric Newcomer / Newcomer: |
Profile of Bessemer Venture Partners, an early investor in Twilio and Shopify, as its competition with Andreessen Horowitz, Tiger Global, and SoftBank ramps up — Bessemer Venture Partners is a thoughtful firm in a world of loose money. — 4 hr ago — In 2009, Ethan Kurzweil …
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| Harmeet Singh Walia / Counterpoint Research: |
| Chris Welch / The Verge: |
| Karissa Bell / Engadget: |
| Wall Street Journal: |