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July 27, 2018, 10:10 PM
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| Paresh Dave / Reuters: |
Twitter posts record Q2 profit of $100M, beats estimates on revenue of $711M, up 24% YoY, but monthly users fell by 1M from Q1 to 335M due to increased removals — SAN FRANCISCO (Reuters) - Twitter Inc (TWTR.N) posted record profit on Friday with second quarter revenue that beat financial analysts' estimates …
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Recode, TechCrunch, Bloomberg, Twitter, Business Insider, VentureBeat, Bloomberg, Engadget, The Verge, New York Times, Axios, Washington Post, and Business Insider
Tweets: @twitterir, @twitterir, @ranimolla, @twitterir, @ow, @twitterir, @twitterir, @twitterir, and @twitterir
| Michelle Castillo / CNBC: |
Twitter closes down more than 20% after company reports 1M QoQ decline in monthly active users — - Monthly active users (MAUs): 335 million vs. 338.5 million, according to StreetAccount and FactSet estimate — Twitter shares closed more than 20 percent down on Friday after the company reported …
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Android Police, Boing Boing, The Daily Caller, NPR, TechCrunch, Mashable, 9to5Mac, Wall Street Journal, iPhone in Canada Blog, Telegraph, Quartz, Crunchbase News, and MacDailyNews
Tweets: @vladsavov and @anthony
| Sean Hollister / CNET: |
In response to ACLU's Rekognition test, Amazon says it's reasonable for government to weigh in on how law enforcement uses the tech to match face pics to people — When Amazon's controversial facial recognition system mistakenly matched 28 members of Congress with criminal mugshots, it caused quite a stir.
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AWS News Blog, Gizmodo, GeekWire, Techdirt, Fast Company, Gizmodo, and Fast Company. Tweets: @daveyalba
| Chloe Aiello / CNBC: |
New York State Public Service Commission votes to revoke approval of the 2016 Charter/TWC merger, saying company failed to meet broadband buildout obligations — - The New York State Public Service Commission voted on Friday to revoke its approval of the 2016 merger agreement between Charter Communications and Time Warner Cable.
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abc7ny.com, Engadget, The Verge, Ars Technica, CNET, Slate, The Verge, TechCrunch, NBC New York, Albany Times Union, VentureBeat, Ars Technica, Boing Boing, Gizmodo, Fortune, Rochester Democrat …, Seeking Alpha, The Daily Freeman, WSTM, and Android Central
Tweets: @maxrose4ny and @justagirl515
| Alex Spence / BuzzFeed: |
Leaked report: UK committee to propose social networks be legally responsible for harmful and illegal content and to let watchdogs audit tech company algorithms — A leaked copy of the MPs' report was published online on Friday, two days ahead of its official release.| Louise Matsakis / Wired: |
Profile of the Guerrilla Skepticism on Wikipedia project, which has 120+ volunteers rewriting articles on conspiracy theories and unscientific health info — SUSAN GERBIC SPENT her career photographing babies at a department store in Salinas, California, just 100 miles south of San Francisco.
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The Mac Observer
| Christopher Yasiejko / Bloomberg: |
IBM wins $83M from Groupon for infringing on ecommerce patents — - Patent case IBM's first to go to jury in at least 20 years — Win adds value for IBM's portfolio of more than 45,000 patents — A U.S. jury awarded International Business Machines Corp. $83.5 million after finding … | Tony Romm / Washington Post: |
White House confirms it is working on a consumer privacy policy proposal; sources: WH had 22 meetings with 80 organizations including Facebook, Google, and AT&T — The Trump administration is crafting a proposal to protect Web users' privacy, aiming to blunt global criticism that the absence …
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Engadget, 9to5Mac, AdExchanger, CNET, Cult of Mac, TechSpot, MacDailyNews, and Politico
| Kashmir Hill / Gizmodo: |
How a fake story on a “grudge-settling” site ruined a realtor's reputation and finances over a comment about a news story on Facebook that offended a stranger — Monika Glennon has lived in Huntsville, Alabama, for the last 12 years. Other than a strong Polish accent …
Tweets: @rodboydilm and @felixsalmon
| Sarah Perez / TechCrunch: |
Twitter says it will begin suspending commenting rights of users who repeatedly post abusive comments on Periscope live streams starting August 10 — As part of Twitter's attempted crackdown on abusive behavior across its network, the company announced on Friday afternoon a new policy facing … | Steven Musil / CNET: |
Facebook bans Alex Jones from using his account for the next 30 days after removing four of his videos for violating its community standards — Alex Jones, the founder and star of conspiracy site Infowars, has been suspended by Facebook — and may face harsher consequences.
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CNNMoney, Slate, Engadget, CNBC, The Verge, Motherboard, The Interface, Tubefilter, Business Insider, Mashable, Gizmodo, Fortune, Ars Technica, Telegraph, TechCrunch, Nieman Lab, Axios, Ad Age, BBC, and Neowin
Tweets: @oliverdarcy, @teamtrace, @mattbraga, @joshconstine, @girlguidejones, @carnage4life, @mikeisaac, and @joshconstine
| Shona Ghosh / Business Insider: |
UK-based Improbable raises $50M from NetEase to bring its large-scale game simulation platform SpatialOS to China; sources: Improbable doubled valuation to $2B — - SoftBank-backed Improbable has raised $50 million via a strategic investment from Chinese gaming giant NetEase.
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Tech.eu, SiliconANGLE, Bloomberg, DealStreetAsia, City A.M., PC Games Insider, VentureBeat, and GamesIndustry.biz. Tweets: @npappag
| CNBC: |
Facebook closes down 19% after the disappointing user numbers and revenue growth projections, losing almost $120B in market value in a day — - The company missed projections on key metrics after struggling with data leaks and fake news scandals. — The stock is flirting with bear market territory …
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Bloomberg, CNET, CNNMoney, Adweek, Business Insider, TechHQ, ABC News, Financial Times, Tech.pinions, and Fortune
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