posted about 15 hours ago on techmeme
Ingrid Lunden / TechCrunch: Verizon Q2 meets expectations with $1.07 EPS and revenue of $30.5B down 2% YoY; wireless business sees overall growth of 1.2% to 114.5M users  —  Verizon Communications has been investing in building out new areas of business like media and wireless services to offset declines in legacy products …

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posted about 15 hours ago on techmeme
Michael Sheetz / CNBC: Twitter's Q2 revenue of $574M beats expectations, but monthly active users remain flat at 328M; advertising revenue decreased 8% YoY to $489M, shares fall 8%+  —  - Twitter posted better-than-expected EPS and revenue growth in its second-quarter earnings report.

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posted about 18 hours ago on techmeme
Bloomberg: Behind the scenes at Samsung, as it posts record profits while being embroiled in a corruption scandal, a year after the exploding Galaxy Note 7 debacle  —  A year after the exploding phones, Samsung is embroiled in the mess that brought down South Korea's president.  How is it still thriving?

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posted about 22 hours ago on techmeme
Wall Street Journal: Samsung posts record net profit of $9.9B in Q2, up 89% YoY boosted by strong Galaxy S8 sales, revenue rose to $54.8B, up 19.8%  —  Results position the company to top Apple in quarterly profits  —  SEOUL—Samsung Electronics Co. delivered its biggest-ever quarter of profits …

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posted about 22 hours ago on techmeme
Financial Crimes Enforcement Network: US Treasury's FinCEN fines BTC-e $110M for violating US anti-money laundering laws  —  Immediate Release  —  WASHINGTON—The Financial Crimes Enforcement Network (FinCEN), working in coordination with the U.S. Attorney's Office for the Northern District of California …

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posted about 23 hours ago on techmeme
U.S. Department of Justice: US Justice Department charges Russia's Alexander Vinnik on suspicion of laundering $4B+ funds via bitcoin, alleges funds obtained via Mt.Gox hack  —  Defendant Alexander Vinnik Was Arrested in Greece to Face Charges in the United States; Bitcoin Exchange Alleged to Have Received Deposits Valued at Over $4 Billion

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posted about 24 hours ago on techmeme
Shira Ovide / Bloomberg: Facebook's higher priced ads offset slowing growth in number of News Feed ads; efforts in Instagram, Messenger, WhatsApp, video have valuable growth potential  —  Not Too Shabby  —  Facebook's revenue growth has slowed this year, but it remains strong for a company of its size  —  Healthy Sign

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posted 1 day ago on techmeme
Ingrid Lunden / TechCrunch: WalkMe raises $75M at a $935M valuation for its on-screen task-completion guidance tech  —  More funding is rolling in for Israeli startups.  Today, WalkMe — company that has built a cloud-based platform for businesses to make web and mobile interfaces and experiences easier to navigate …

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posted 1 day ago on techmeme
CNBC: Sources: Amazon's 1492, a skunkworks lab, is working on healthcare tech including a platform for medical records, telemedicine, and apps for devices like Echo  —  - Areas of exploration include a platform for electronic medical record data, telemedicine and health apps for existing devices like the Amazon Echo.

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posted 1 day ago on techmeme
Bloomberg: Sources: Slack raising $250M, led by SoftBank and Accel Partners, valuing the company at more than $5B  —  Messaging startup is set to be valued at more than $5 billion in new funding round.  —  Slack Technologies Inc. is raising about $250 million in a funding round co-led by SoftBank Group Corp. …

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posted 1 day ago on techmeme
Josh Constine / TechCrunch: WhatsApp Status, a Snapchat and Instagram Stories clone, now has 250M DAUs while Snapchat overall has 166M DAUs, and Instagram Stories has 250M+ DAUs  —  Facebook is winning the race to bring Snapchat's Stories format to the rest of the world before its originator.

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posted 1 day ago on techmeme
WhatsApp Blog: WhatsApp announces it has 1B users every day, up from 1B users per month in February last year  —  Just last year, we shared that one billion people around the world use WhatsApp every month.  Today, we are excited and proud to share that one billion people around the world use WhatsApp every …

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posted 1 day ago on techmeme
Ron Miller / TechCrunch: Content management company OpenText acquires forensic security vendor Guidance Software for $240M  —  OpenText, the content management company based in Waterloo, Ontario announced today that it was buying Guidance Software, a forensic security and eDiscovery vendor for $240 million.

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posted 1 day ago on techmeme
New York Times: Foxconn says it plans to invest $10B in Wisconsin plant, creating 3,000 jobs, manufacturing flat-panel displays for TVs and other consumer electronics  —  Foxconn, the Taiwanese electronics supplier for Apple and other tech giants, said Wednesday it would open its first major American factory in Wisconsin …

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posted 1 day ago on techmeme
Natalie Gagliordi / ZDNet: HPE CEO Meg Whitman leaves HP Inc.'s board, which she's been on since the split in 2015  —  The HPE chief executive is rumored to be on the shortlist for Uber's CEO job.  —  Hewlett Packard Enterprise chief executive Meg Whitman has left HP's board of directors.

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posted 1 day ago on techmeme
Lizette Chapman / Bloomberg: BetterWorks CEO and cofounder Kris Duggan steps down after lawsuit alleges he assaulted a former employee at a company retreat  —  Board searches for replacement; CEO Duggan to become president  —  Suit comes amid wave of industry-wide harassment allegations

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posted 1 day ago on techmeme
Katie Roof / TechCrunch: PayPal reports Q2 revenue rose 18.3% YoY to $3.14B, vs $3.09B est., net new accounts rose 80% YoY, and 1.8B payment transactions, up 23% YoY  —  Payments giant PayPal is growing faster than what analysts were expecting, according to the latest numbers.  —  For the second quarter of 2017 …

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posted 1 day ago on techmeme
Facebook: Facebook Q2: $9.3B revenue, up 45% YoY; 1.3B DAUs, up 17% YoY; 2B MAUs, up 17% YoY; headcount up 43% YoY to 20.7K at end of Q2; mobile revenue was 87% of total  —  “We had a good second quarter and first half of the year,” said Mark Zuckerberg, Facebook founder and CEO.

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posted 1 day ago on techmeme
Tony Romm / Recode: Google.org announces $50M fund to study “changing nature of work” and train job seekers in US and Europe in partnership with other organizations  —  The company's philanthropic arm will study changes in the economy wrought by companies like, well, Google.

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posted 1 day ago on techmeme
Sarah Perez / TechCrunch: Twitter adds features to Notifications tab, including a Nuzzel-like alert about links shared by people you follow  —  Your Notifications tab on Twitter might be getting a little more busy.  The company recently added a new feature to this section on both mobile and web …

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posted 1 day ago on techmeme
Ina Fried / Axios: Tech leaders, including Tim Cook, Jack Dorsey, Mark Zuckerberg, Sam Altman, Sundar Pichai, and Salesforce, speak out against Trump's transgender troop ban  —  Salesforce and the CEO of Google are among the first tech leaders to publicly speak out after President Trump's announcement Wednesday …

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posted 1 day ago on techmeme
Tom Krazit / GeekWire: Microsoft debuts Azure Container Instances, which make it easier to deploy and bill containers on Azure, and joins foundation that oversees Kubernetes  —  Microsoft's cloud business is making two notable moves involving containers Wednesday — unveiling a new service that aims to make it much easier …

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posted 1 day ago on techmeme
Reuters: Greek police arrest Russia's Alexander Vinnik on suspicion of laundering $4B+ via bitcoin; sources say Vinnik was key person behind the BTC-e currency exchange  —  Karolina Tagaris , Jack Stubbs and Anna Irrera  —  ATHENS/MOSCOW/NEW YORK (Reuters) - A Russian man suspected …

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posted 1 day ago on techmeme
Bloomberg: UniCredit, Italy's biggest bank, says hackers stole 400,000 clients' biographical and loan data; the related attacks occurred Sept-Oct 2016 and June-July 2017  —  Bank said to have discovered breaches from 2016 only this week  —  Attack comes after 80 Ukrainian lenders compromised in June

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posted 1 day ago on techmeme
Sarah Buhr / TechCrunch: Apple and Cochlear partner to introduce the Nucleus 7 Sound Processor hearing implant, which works directly with iOS devices rather than via an app  —  Apple has teamed up with Australian-based Cochlearto bring iPhone users the first made for iPhone Cochlear implant.

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