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July 31, 2018, 2:15 PM
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Top News

Facebook:
Facebook bans 32 Pages and accounts from FB and Instagram for “coordinated inauthentic behavior”, says they were far better at covering tracks than Russia's IRA  —  Today we removed 32 Pages and accounts from Facebook and Instagram because they were involved in coordinated inauthentic behavior.
New York Times:
Sources: Facebook has alerted Congress to new coordinated political influence campaign, with dozens of inauthentic accounts and pages, ahead of midterms  —  WASHINGTON — Facebook is preparing to announce that it has identified a coordinated political influence campaign …
Richard Kerby:
Review of ~1,500 VCs shows about 40% attended either Stanford or Harvard, and the group is 82% male, 70% white, 26% Asian, 3% black, and 1% Hispanic  —  The lack of diversity within venture capital is something I have been hard at work to try and remedy and I write about frequently.
Bloomberg:
Samsung misses Q2 estimates with an operating profit of ~$13.4B, up 5.7% YoY, on revenue of ~$52.19B, down 4% YoY, amid weak sales of Galaxy S9  —  Samsung Electronics Co.'s net income fell short of analysts' estimates as slowing growth in the global smartphone market hits demand for its Galaxy devices …
Dean Takahashi / VentureBeat:
Nintendo sells 19.7M Switch consoles to date, with net sales of $1.513B in the quarter ending June 30, up 9% YoY, and profit of $394.6M, up 42% YoY  —  Nintendo reported net sales of $1.513 billion for the first fiscal quarter ended June 30, up 9 percent from $1.386 billion for the same period a year ago.
Nick Statt / The Verge:
WhatsApp group calling for voice and video, announced at F8, now live globally on iOS and Android, with end-to-end encryption and support for up to four users  —  Up to four people can chat simultaneously  —  Back at Facebook's F8 developer conference in May, WhatsApp announced …
Ben Thompson / Stratechery:
Despite Facebook's disappointing Q2 earnings, its moats are deeper than ever and its money-making potential is not only huge but growing  —  While I was mostly unplugged on my vacation last week, with the news of Facebook's disappointing earnings report and subsequent stock decline …
Wall Street Journal:
Apple has recently come under fire from several Chinese state media outlets for allegedly failing to effectively counter prohibited content in iMessages  —  The state-controlled media criticism comes amid rising trade tensions with the U.S.  —  BEIJING— Apple Inc. AAPL .32% has come under fire …
Dustin Volz / Wall Street Journal:
Sources: DHS to announce the creation of a new center aimed at guarding the nation's banks, energy companies, and other industries from major cyberattacks  —  Center's creation is driven by growing recognition that sophisticated cyberattacks can cause systemic failure across society, official says

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This is a Techmeme archive page. It shows how the site appeared at 2:15 PM ET, July 31, 2018.

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From Mediagazer

Wall Street Journal:
A profile of incoming FCC Chair Brendan Carr, a telecom lawyer and longtime FCC official who believes tech and media companies have been unfair to conservatives

Wall Street Journal:
Sources describe Netflix's struggles handling traffic for the Tyson-Paul fight, with viewership nearly three times what the company had anticipated

Charlie Warzel / The Atlantic:
Q&A with Julia Angwin on how social media creators flipped the traditional journalism process for telling stories and what journalists can learn from creators

More News

Earlier Picks

Jeffery C. Mays / New York Times:
Some civil rights groups join Uber's fight against NYC's proposed one-year freeze on for-hire vehicle licenses, say it will adversely impact blacks and Latinos
Kirsten Korosec / TechCrunch:
Uber says it will stop development of self-driving trucks and instead focus on self-driving cars; Uber Freight is unaffected by this decision
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