Techmeme
August 7, 2018, 11:00 PM

Top News

Josh Constine / TechCrunch:
Snap reports Q2 revenue of $262.3M, up 44% YoY, vs. $249.8M est., and 188M DAUs, up 8% YoY but down from 191M in Q1  —  The Stories War has officially killed Snapchat's growth.  In Q2 2018 earnings today, Snapchat's daily user count shrank 1.5 percent to 188 million this quarter …
Shoshana Wodinsky / The Verge:
Following bans of Infowars' content, its mobile app has shot up iOS App Store and Google Play Store charts, going from 47th to 4th in US news category on iOS  —  ‘Infowars WILL NOT be silenced’  —  Infowars Official, the app named after Alex Jones' controversial radio talk show …
David French / New York Times:
CNBC:
Mozilla Press Center:
Mozilla unveils Advance, an experimental machine learning-driven Firefox extension that recommends pages to read next based on browsing habits and user input  —  The internet today is often like being on a guided tour bus in an unfamiliar city.  You end up getting off at the same places that everyone else does.
Dell Cameron / Gizmodo:
Report from FCC's inspector general refutes controversial claims by senior FCC officials that a cyberattack hobbled its comment system in May 2017  —  An investigation carried out by Federal Communication Commission's own inspector general officially refutes controversial claims that a cyberattack …
Todd Spangler / Variety:
Video streaming startup NewTV, led by Jeffrey Katzenberg and Meg Whitman, raises $1B round with Disney, Alibaba, NBCUniversal, Viacom, and others participating  —  Backers include Disney, Fox, Sony, Lionsgate, MGM, NBCU, Viacom, WarnerMedia, Alibaba, Liberty Global, Madrone Capital
Instapaper:
Instapaper returns to EU users after being unavailable since May 24 for GDPR compliance and relaunches Instapaper Premium subscription for $2.99/month  —  This year Instapaper celebrated its tenth birthday and, now that we are an independent company, we've been thinking a lot about the next ten years of Instapaper and beyond.
Bloomberg:
Sources: SoftBank is in talks to invest from $500M-$750M in Zume, a California-based startup with delivery trucks that prepare fresh robot-made pizzas en route  —  SoftBank Group Corp. is in talks to invest from $500 million to $750 million in Zume Inc., a startup that makes and delivers fresh pizzas …
Jon Brodkin / Ars Technica:
Study: listed speeds for 11 ISPs drop as much as 41% after new UK truth-in-advertising rule  —  Only one of top 12 ISPs raised listed speed after new truth-in-advertising rule.  —  Most broadband providers in the UK “have been forced to cut the headline speeds they advertise when selling deals” …

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