posted less than an hour ago on techmeme
Hillary Clinton 2016: Clinton campaign: DNC's data analytics program we used was breached; no evidence hackers accessed internal systems  —  Hillary for America Spokesman Nick Merrill released the following statement on news reports regarding cyber hacks targeted at the campaign: “An analytics data program maintained by the DNC …

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posted less than an hour ago on techmeme
CB Insights: Only two of 21 tech companies acquired in 2016 for $1B+ were venture-backed unicorns  —  There are buyers of tech companies doing deals of $1B+.  They're just not interested in overvalued unicorns. … The unicorn list currently consists of 169 venture-backed unicorns valued at a collective $600B.

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posted about 3 hours ago on techmeme
Jon Russell / TechCrunch: Baidu suffers record profit drop after instituting new policies limiting ads on its pages following the death of a man who used treatment he found via Baidu  —  Baidu may be the dominant search company in China by some margin, but it is currently in the midst of its toughest period as a public company.

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posted about 5 hours ago on techmeme
Bloomberg: IRS delivers a notice of deficiency for $3B-$5B to Facebook, claims Facebook undervalued assets transferred to Irish subsidiary in 2010  —  IRS issues notice for 2010 tax year over operations transfer  —  Facebook plans to challenge notice in federal tax court

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posted about 6 hours ago on techmeme
Mary Catherine O'Connor / IOT Journal: Density raises $4M series A as it unveils new people-counter device and service  —  San Francisco startup Density has unveiled a new iteration of its anonymous foot-traffic counting sensor technology, which it is offering to retailers and others through a subscription service.

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posted about 6 hours ago on techmeme
Sam Thielman / Guardian: Clinton campaign: DNC's data analytics program we used was accessed; no evidence of internal systems breach found  —  FBI investigating intrusion, the third Democratic target in broad cyber-attack, as Clinton camp says there's no evidence its internal systems were compromised

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posted about 7 hours ago on techmeme
Bruce Schneier / Schneier on Security: Recent hacks indicate US election systems and voting machines could be targeted too; government must take urgent steps to secure them, and consider retaliation  —  Russia was behind the hacks into the Democratic National Committee's computer network that led to the release of thousands …

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posted about 8 hours ago on techmeme
Reuters: Sources: Clinton campaign computer network hacked in addition to Democratic National Committee and Democratic Congressional Campaign Committee  —  The computer network used by Democratic presidential candidate Hillary Clinton's campaign was hacked as part of a broad cyber attack …

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posted about 9 hours ago on techmeme
Hayley Tsukayama / Washington Post: Instagram will soon let users filter comments on their posts, turn off comments on individual posts, or turn off comments on their posts entirely  —  Instagram is taking an unusual step to deal with the complicated ethics of online commenting.  It's giving users the ability to make the choice …

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posted about 11 hours ago on techmeme
Ingrid Lunden / TechCrunch: Big data integrator Talend pops 54% in Nasdaq debut, raising $94.5M  —  French/American big data startup Talend made its debut as a public company today with a pop. After pricing its shares at $18 last night (above the expected range of $15-17), the company began trading on Nasdaq under …

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posted about 12 hours ago on techmeme
Kevin McLaughlin / The Information: Source: private equity firms including KKR, Apollo Global Management, Carlyle Group contemplate buyout of Hewlett Packard Enterprise; deal would be worth $40B+  —  Several private equity firms including KKR, Apollo Global Management and Carlyle Group are sniffing around Hewlett Packard Enterprise …

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posted about 13 hours ago on techmeme
Jonathan Zdziarski / Zdziarski's Blog of Things: Deleted WhatsApp messages leave behind forensic artifacts that could be reconstructed by someone with access to your device or iCloud backups  —  Sorry, folks, while experts are saying the encryption checks out in WhatsApp, it looks like the latest version of the app tested leaves forensic trace …

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posted about 14 hours ago on techmeme
Nat Levy / GeekWire: Amazon reaches new high of 268,900 employees — skyrocketing 47% in just one year  —  Amazon said it added approximately 23,700 employees worldwide in the second quarter, bringing its total employment to 268,900.  —  Amazon's headcount has grown by a staggering amount over the last few years.

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posted about 15 hours ago on techmeme
Olivia Solon / Guardian: US district court rules Facebook must refund in-app purchases made by minors in the US should they or their parents request it  —  California court ruled in favor of parents who filed lawsuit after children unknowingly spent hundreds of dollars on Facebook virtual currency for games

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posted about 16 hours ago on techmeme
Jon Russell / TechCrunch: Sony posts $205M profit as downsized mobile business stops bleeding cash  —  Sony posted a slim ¥21.2 billion ($205 million) profit for its Q1 2016.  That's down on the ¥82.4 billion profit it carded this time last year, but in general the quarter was a mixed bag of positives …

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posted about 18 hours ago on techmeme
Mary Jo Foley / ZDNet: Filing: Microsoft to layoff 2,850 from mobile and sales divisions as it completes Nokia cuts, which started in 2015  —  MIcrosoft is cutting 2,850 more jobs beyond the 1,850 that the company announced would be eliminated earlier this year.  The new cuts will hit phone hardware and sales.

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posted 1 day ago on techmeme
Reuters: Sources: FBI investigates cyber intrusion into DCCC, following DNC breach, and its potential ties to Russian hackers  —  The FBI is investigating a cyber attack against another Democratic Party group, which may be related to an earlier hack against the Democratic National Committee, four people familiar with the matter told Reuters.

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posted 1 day ago on techmeme
Kate Conger / TechCrunch: Gurbaksh Chahal out as CEO of Gravity4, will be replaced by his sister Kamal Kaur, after judge finds he violated probation  —  Tech founder Gurbaksh Chahal has handed over his CEO role at Gravity4 to his sister, Kamal Kaur, after a judge found last week that he violated his domestic violence probation.

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posted 1 day ago on techmeme
Kia Kokalitcheva / Fortune: Uber launches UberCentral, a website for businesses to book and pay for multiple Uber rides  —  Transportation has long been a helpful extra service that businesses like hotels have used to enhance their customer experiences, and Uber wants a piece of that business.

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posted 1 day ago on techmeme
Jason Del Rey / Recode: Earning $857M in Q2, Amazon posts record profit for the third straight quarter  —  Yes, that Amazon.  —  Amazon — yes, Amazon — is on a profits streak.  —  The company with the long-time reputation on Wall Street as a money-loser just revealed a record-setting quarterly profit for the third straight quarter.

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posted 1 day ago on techmeme
Mark Bergen / Recode: Alphabet shows strong growth in non-ads business, reporting $2.17B in “other revenues” from segments like enterprise, Google Play, and hardware, up 33% YoY  —  Looking to the cloud.  —  Facebook isn't the only tech giant keeping Wall Street happy.

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posted 1 day ago on techmeme
Jordan Novet / VentureBeat: Amazon Web Services posts $2.88 billion in revenue in Q2 2016, up 58% from last year  —  Ecommerce company Amazon today disclosed that its Amazon Web Services (AWS) public cloud division generated $2.88 billion in revenue in the second quarter of this year.  That's 58 percent more than AWS generated in the second quarter of 2015.

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posted 1 day ago on techmeme
Jack Nicas / Wall Street Journal: Alphabet beats expectations with net profit of $4.88B, up 24% YoY, on revenue of $21.5B, up 21% YoY  —  Google parent Alphabet Inc. rode strong advertising demand to a 24% increase in profits, as it continues to capture users and advertisers shifting to mobile.

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posted 1 day ago on techmeme
Katie Roof / TechCrunch: Amazon beats expectations in Q2 with $1.78 earnings per share vs. $1.11 expected and $30.4B in revenue vs. $29.55B expected  —  Amazon shattered expectations when it reported second quarter earnings after the bell on Thursday.  Adjusted earnings per share came in at $1.78, when Wall Street was forecasting $1.11.

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posted 1 day ago on techmeme
Business Wire: Amazon.com Announces Second Quarter Sales up 31% to $30.4 Billion  —  SEATTLE—(BUSINESS WIRE)—Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its second quarter ended June 30, 2016.  —  Operating cash flow increased 42% to $12.7 billion for the trailing twelve months …

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