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July 17, 2018, 8:30 AM
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| Jan Wolfe / Reuters: |
IBM seeks $167M from Groupon for infringing on ecommerce patents, says Amazon, Facebook, and Google licensed its patents for between $20M and $50M per company — WILMINGTON, Del. (Reuters) - International Business Machines Corp on Monday asked a U.S. jury to award it $167 million … | Wall Street Journal: |
Walmart strikes strategic partnership to use Microsoft's cloud technology, AI, machine learning, and other services — The shared rivalry with Amazon ‘is absolutely core to this,’ Microsoft CEO Satya Nadella says — Walmart Inc. WMT -.07% agreed to use Microsoft Corp.'s MSFT -.49% cloud technology …
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The Verge, PCMag, news.walmart.com, Reuters, Engadget, Thurrott.com, Fortune, Neowin, CNBC, GeekWire, MSPoweruser, and Times of India
| Sarah Perez / TechCrunch: |
Microsoft launches Skype version 8.0 for desktop, with HD video, screen-sharing in calls, and improved chat, plans more features this summer like call recording — Skype's redesign launched last year was met with mixed reviews, but the company is forging ahead by rolling out a number …
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BetaNews, The Next Web, The Register, Skype Blogs, Inquirer, SlashGear, Firstpost, The Verge, 9to5Mac, SiliconANGLE, Softpedia News, XDA Developers, Forbes, The Verge, CNET, GeekWire, Paul Thurrott, Engadget, Ars Technica, MacRumors, Digital Trends, gHacks Technology News, Windows Central, iPhone in Canada Blog, Neowin, ZDNet, and 9to5Google
Tweets: @mattnavarra and @maryjofoley
| Wall Street Journal: |
Netflix reports Q2 membership growth of 5.2M, 1M less than forecast, and a profit of $384M, up from $65M last year; stock down 14% after hours — Video site blamed faulty internal forecasting, not business reasons like price increases — Netflix Inc. missed its own forecasts …
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BBC, New York Times, NPR, CNET, CNBC, Netflix, Axios, TechCrunch, BGR, Reuters, CBS News, TheStreet, CNBC, Tubefilter, ABC News, CNBC, Newser, MediaNama, Investor's Business Daily, Business Insider, TheStreet, Variety, Gizmodo, Financial Times, Barron's Online, New York Post, Bloomberg, and USA Today
Tweets: @dealbook, @lucas_shaw, @benbajarin, @pkafka, @benbajarin, and @pkafka
| Jon Russell / TechCrunch: |
Travel giant Booking Holdings, formerly known as Priceline, invests $500M in Chinese ride-hailing firm Didi Chuxing — Didi Chuxing, China's largest ride-hailing company, has pulled in some strategic capital after Booking Holdings invested $500 million into its business.
More:
Reuters, BetaNews, China Money Network, and Bloomberg
| NBC News: |
Apple removed QDrops, an app that sent alerts about the Qanon conspiracy theory, after months near the top of the App Store; app still on Google Play Store — One of the App Store's top entertainment apps pushed a conspiracy theory about a child sex ring and a Trump secret police force.| Lily Katz / Bloomberg: |
Coinbase says SEC and FINRA have given it the green light to list coins deemed to be securities by approving three acquisitions, including Keystone Capital — - SEC, Finra sign off on deals that give firm federal licenses — Company is exploring addition of five new digital tokens
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CoinDesk, ZDNet, CCN, Trustnodes, PYMNTS.com, TechCrunch, NewsBTC, Bitcoinist.com, Bitsonline, and SludgeFeed. Tweets: @icodrops
| BBC: |
The company behind a Kodak-branded crypto-currency mining rig, which was shown to the press at CES and seen as a scam by critics, has dissolved — The company behind a Kodak-branded crypto-currency mining scheme has confirmed the plan has collapsed. — In January, a Bitcoin mining computer … | Zac Hall / 9to5Mac: |
Instapaper says Pinterest will transfer ownership of the service to an independent company owned and operated by the team that has worked on it since 2013 — Read-it-later and bookmarking service Instapaper announced today that it will once again be an independent operation.
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BetaNews, VentureBeat, Instapaper, Boing Boing, CNET, Engadget, MacStories, and TechCrunch
Tweets: @ow, @alexeheath, and @marcoarment
| CNBC: |
Amazon suffers glitches in both mobile app and desktop site as Prime Day kicks off, including shopping cart errors and endless loops when trying to get to deals — - Some users saw an error page featuring the “dogs of Amazon” and were never able to enter the site.
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Washington Post, Mashable, Reuters, USA Today, BGR, Firstpost, Axios, Business Insider, Engadget, Silicon Republic, SiliconANGLE, Wired, Business Insider, Adweek, PYMNTS.com, Slate, CNET, USA Today, Quartz, Peter O'Kelly's Reality Check, and Business Insider
Tweets: @stevekovach, @shiraovide, @shiraovide, @cnbcnow, and @cnet
| Daniel Boffey / The Guardian: |
Airbnb found in breach of EU consumer law regarding hidden costs, unclear terms and conditions, and more; regulator gives company until end of August to rectify — Accommodation service told it needs to be clearer on total cost including fees and charges — Airbnb has been found in breach …
More:
EU Press Room, The Verge, BBC, Financial Times, Telegraph, CNBC, Fortune, and Bloomberg. Tweets: @eu_commission
| Sarah Jeong / The Verge: |
Inside the world of self-published romance on Amazon Kindle Unlimited, where authors collaborate and compete to game Amazon's algorithm — To cash in on Kindle Unlimited, a cabal of authors gamed Amazon's algorithm — On June 4th, a group of lawyers shuffled into a federal court in Manhattan …
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