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July 5, 2019, 9:25 PM
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| Saheli Roy Choudhury / CNBC: |
Samsung says it projects Q2 operating profit of ~$5.5B, beating analyst estimates but down ~56% YoY following weakness in the price and demand of memory chips — KEY POINTS — Samsung Electronics said on Friday that profits for the three months that ended June more than halved …
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Samsung Global Newsroom, Reuters, BGR, Wall Street Journal, Android Central, iPhone Hacks, Gizchina, Phandroid, Business Insider, Inquirer, ZDNet, iPhone in Canada Blog, Financial Times, PYMNTS.com, MSPoweruser, The Register, AnandTech, iDownloadBlog.com, 9to5Google, Neowin, AppleInsider, Bloomberg, Reuters, and MacDailyNews
Tweets: @wsj, @theregister, @kifleswing, and @samkimasia
| Catalin Cimpanu / ZDNet: |
Hacker sentenced to 27 months in prison for launching DDoS attacks on many gaming services from December 2013 to January 2014 — Six years later, DerpTrolling, the hacker who started all the Christmas DDoS attacks, gets prison time. — A 23-year-old man from Utah was sentenced this week …
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U.S. Department of Justice, Polygon, Fossbytes, SiliconANGLE, Game Rant, Kotaku UK, Comic Book, The Register, Gamasutra, Inquirer, Rock, Paper, Shotgun, MSPoweruser, The Hacker News, and Security Affairs
Tweets: @padresj, @rexhack1, @campuscodi, @autenil, @fbisandiego, and @crecenteb
| Noam Cohen / New Yorker: |
A California law went into effect July 1 banning bots from pretending to be real people without disclosure while selling products or influencing votes — When you ask experts how bots influence politics—that is, what specifically these bits of computer code that purport to be human … | Mary Ann Azevedo / Crunchbase News: |
Japan-based Tier IV raises $100M+ Series A for its Autoware open-source self-driving software which, it says, is used by 200 organizations around the world — Tier IV, an open-source self-driving startup based in Japan, has raised “over $100 million” in a massive Series A funding round led by Sompo Japan Nipponkoa Insurance.| Benjamin Pimentel / Business Insider: |
Application performance monitoring company Dynatrace files for IPO, posts $431M revenue for the fiscal year ending March 31, up 8% YoY, and a net loss of $116M — - Dynatrace filed papers for an IPO on Friday. The company aims to raise $300 million with Goldman Sachs, JP Morgan and Citigroup as lead underwriters.| Esther Kezia Thorpe / What's New in Publishing: |
PwC: global podcast ad revenue to pass $1B by the end of 2019 and hit $1.4B by 2023, in part due to the advent of programmatic ads in podcasts — Podcast advertising revenue is expected to pass $1 billion by the end of 2019, according to figures from PwC's Global Entertainment & Media Outlook 2019-2023.
Tweets: @mediapodawards
| Jasper Jolly / The Guardian: |
UK's competition regulator orders Amazon to pause integration efforts with Deliveroo pending investigation into potential breaches of competition rules — Enforcement order issued after online retailer bought stake in food courier service — The UK's competition regulator has ordered Amazon …
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GOV.UK, Engadget, CNBC, Reuters, The Seattle Times, SiliconANGLE, Wall Street Journal, Financial Times, Quartz, Reuters, Fortune, Inquirer, and Financial Times
Tweets: @cnnbusiness, @nytimesbusiness, @ruskin147, and @cmagovuk
| Tim Bradshaw / Financial Times: |
Ola says it has received a private hire vehicle license from Transport for London and plans to launch its ride-hailing service in the city in September — London's transport agency has given India's Ola the green light to launch its ride-hailing service in the UK capital …
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CNN, TechCrunch, Livemint, Business Times, CityAM, PYMNTS.com, TaxiPoint Taxi News, Silicon Republic, Reuters, and Telegraph. Tweets: @tim
| Catalin Cimpanu / ZDNet: |
Google Play app called “Updates for Samsung”, with 10M+ installs and no affiliation with Samsung, tricks users into paying $35/year to download firmware updates — “Updates for Samsung” app promises firmware updates but only shows ads and wants money for (working) downloads.| Mahsa Alimardani / VICE: |
A look at Iran's efforts to tighten internet controls and curtail digital freedoms, as US sanctions and cyberattacks against the country escalate — The anxiety about cyberattacks and the perceived need for greater control in the wake of American economic sanctions has led to a loss of internet freedom in Iran.
Tweets: @jabdi, @yarbatman, @nargesbajoghli, @maasalan, and @daveschroeder
| Kyle Wiggers / VentureBeat: |
Baidu says its DuerOS AI assistant install base has passed 400M devices and voice queries topped 3.6B; DuerOS was installed on 150M devices last November — A self-driving milestone and an AI accelerator partnership with Intel weren't the only high points of Baidu's Create conference in Beijing this week.| Kyle Wiggers / VentureBeat: |
TrapX, which makes tools to thwart cyberattacks in real time via decoy databases and workstations, raises $18M Series C, bringing its total raised to ~$50M — San Jose-based cybersecurity company TrapX has secured $18 million in a round led by Ibex Investors, bringing its total raised to nearly $50 million.
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