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Reuters: Alibaba says it will invest another $1B into its Aliyun cloud computing arm to take on AWS  —  Alibaba cloud unit sets sights on Amazon in $1 billion global push  —  China's Alibaba Group Holding Ltd (BABA.N) said on Wednesday it would invest $1 billion in the next three years …

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Min-Jeong Lee / Wall Street Journal: Samsung Q2 profit down 8% YoY, fifth straight quarterly profit drop as Galaxy S6 falls short of market expectations  —  Samsung Profits Hurt By Smartphone Price Declines  —  Cheaper smartphone models from China and India could fuel further price cuts  —  SEOUL- Samsung Electronics Co …

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Carmel DeAmicis / Re/code: Yelp stock drops 28% following grim earnings; company cites rising talent costs amid competition with “unicorns”  —  Yelp Admits the Unicorn Bubble Is Hurting Its Profits  —  Yelp debuted “surprise losses” on its earnings yesterday, causing its stock to plummet 28 percent by the next day.

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Leena Rao / Fortune: Max Levchin resigns as chairman of Yelp's board to focus on his lending startup Affirm  —  PayPal co-founder Max Levchin resigns from Yelp's board  —  PayPal co-founder Max Levchin is leaving as chairman of Yelp's board, the online reviews company announced after releasing quarterly earnings today.

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Natalie Jarvey / Hollywood Reporter: Stagnant User Growth Sends Twitter Stock Down 14 Percent  —  The social media company's stock closed down more than 14 percent after interim CEO Jack Dorsey outlined second quarter growth disappointment.  —  At first glance, Twitter had a strong second quarter, reporting revenue growth …

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Mark Sullivan / VentureBeat: Volkswagens with CarPlay and Android Auto will begin arriving in showrooms this week  —  Volkswagen says its new cars that integrate with the Apple CarPlay and Google Android Auto in-car systems will begin arriving in showrooms this week.  —  CarPlay, which runs on the iPhone …

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Deborah Gage / Wall Street Journal: GitHub raises $250M Series B at a $2B valuation, led by Sequoia Capital  —  GitHub Raises $250 Million at $2 Billion Valuation  —  Capital raise puts company's total funding at $350 million  —  Software is transforming industries from agriculture to automobiles.

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AFP: Google signs deal with Sri Lanka to bring internet to the entire country via Project Loon  —  Sri Lanka ties with Google for Internet beamed from balloons  —  Sri Lanka teamed up on Tuesday with Google to bring high-speed Internet access to the island using balloons, aiming to become …

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Tom Warren / The Verge: Microsoft execs speak about how they dealt with feedback for Windows 10, unifying platforms  —  The story of Windows 10 from inside Microsoft  —  Windows 10 has a lot to live up to.  Microsoft has made a lot of promises about it.  And oddly enough, we've heard most of them before, with Windows 8.

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Josh Constine / TechCrunch: Facebook Beats In Q2 With $4.04B Revenue, User Growth Slows To 3.47% QOQ To Hit 1.49B  —  People aren't using Facebook less, according to its new earnings report.  Facebook recovered from last quarter's miss, beating the street's estimates in Q2 2015 with $4.04 billion in revenue and $0.50 earnings per share.

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Facebook: Facebook Reports Second Quarter 2015 Results  —  Facebook, Inc. (NASDAQ: FB) today reported financial results for the quarter ended June 30, 2015.  —  “This was another strong quarter for our community,” said Mark Zuckerberg, Facebook founder and CEO.  “Engagement across our family …

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Tom Warren / The Verge: Sonos speakers now work with Microsoft's Groove music service  —  Microsoft rebranded its Xbox Music service to Groove earlier this month, and it officially launches today.  While Sonos never supported Xbox Music, fans will be pleased to hear that Groove is now officially supported.

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Jared Newman / TechHive: Amazon starts selling its Dash Buttons to all Prime members for $4.99 each  —  Amazon's crazy Dash Buttons on sale for all Prime members  —  Now, Prime members can press a physical button to get diapers, razor blades, and bottled water on demand.  —  Amazon is opening up Dash Button sales …

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Ginny Marvin / Search Engine Land: Search Ads In Google Play Store Rolling Out For All Android App Marketers  —  Google announced Wednesday that Search Ads on Google Play are starting to roll out to all advertisers and developers to promote Android apps in the store.  —  The app install ads, which Google began piloting in February …

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TechCrunch: Equity Crowd Funding Platform Seedrs Raises $15.6M To Launch In US  —  Equity crowd funding platform Seedrs has raised a $15.6 million (£10 million) Series A round led by Woodford Patient Capital Trust plc (WPCT) and Augmentum Capital, the money from which will be used to launch in the US market.

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Wish Wu / TrendLabs Security Intelligence Blog: Android vulnerability silences phone and kills screen, affects Android 4.3 and above, and can be exploited by a malicious website or app  —  Trend Micro Discovers Vulnerability That Renders Android Devices Silent  —  We have discovered a vulnerability in Android that can render a phone apparently dead …

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Drew Olanoff / TechCrunch: Google Translate's App Now Instantly Translates Printed Text In 27 Languages  —  One of the most intense experiences you'll ever have is visiting a country that speaks a language different than yours.  There's a host of tools you can use, but Google's Translate product has leapfrogged just about everything out there over the years.

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David Gasca / The Twitter Blog: Twitter launches native Windows 10 app that showcases tweets in live tiles from the Start menu  —  A whole new Twitter for Windows  —  Starting today, Windows users will have a new Twitter experience optimized especially for Windows 10.  Announced last night, this Twitter app …

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Yahoo: Yahoo unveils an audioless video messaging app called Livetext, launching in US, UK, Canada, Germany, and France tomorrow  —  Yahoo Livetext - A New Way to Connect  —  We're all walking around with a device in our pockets, primarily to communicate with others.

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Tom Warren / The Verge: Microsoft is working on streaming PC games to Xbox One  —  Microsoft's Windows 10 operating system debuts today, enabling Xbox One game streaming to PCs.  While that's a neat feature for Xbox One owners, Microsoft is working on streaming PC games to Xbox One consoles too.

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Natalie Gagliordi / ZDNet: Marketing intelligence firm Radius raises another $50M, valuing company at over $500M; round led by Peter Thiel's Founders Fund  —  Marketing intelligence firm Radius raises another $50 million  —  The latest investment round was led by Peter Thiel's Founders Fund and brings the company's investment total to $125 million.

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Jonathan Vanian / Fortune: Twilio raises $130M Series E led by Fidelity and T. Rowe Price, valuing it at over $1B  —  Twilio lands $130 million to make it easier to communicate via software  —  There's money to be had in the online communications marketplace.  —  San Francisco-based Twilio, a cloud-based communication …

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Bloomberg Business: Sources: Chinese hackers behind OPM and Anthem breaches have also hacked United Airlines, stole flight manifest data  —  China-Tied Hackers That Hit U.S. Said to Breach United Airlines … The hackers who stole data on tens of millions of U.S. insurance holders and government employees …

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Ariha Setalvad / The Verge: Facebook is testing out LinkedIn-style profile tags  —  Facebook seems to be taking a cue from LinkedIn and is early in the process of testing a new feature — profile tags.  —  Verge reader Luke M. alerted us to Facebook's new profile tags feature, and the company confirmed it was testing …

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Brian Steinberg / Variety: CBS Will Live-Stream Super Bowl Ads In Big Move For Media Industry  —  TV's most memorable and most-watched commercials will no longer be relegated to the TV set.  —  For nearly half a century, the only way for the average consumer to see all the glitzy commercials that accompanied …

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