Techmeme
July 17, 2018, 8:30 AM

Top News

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 …
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 …
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 …
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
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.
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.
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 …
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 …
More: Axios

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