Techmeme
July 25, 2019, 5:55 PM

Top News

Apple:
Apple to acquire the majority of Intel's smartphone modem business in a transaction valued at $1B  —  Cupertino and Santa Clara, California — Apple and Intel have signed an agreement for Apple to acquire the majority of Intel's smartphone modem business.  Approximately 2,200 Intel employees …
Alphabet:
Alphabet reports Q2 revenue of $38.9B, up 19% YoY, net income of $9.9B, up from $3.2B YoY, and a stock buyback of $25B; stock up 9%+ after hours  —  Alphabet Announces Second Quarter 2019 Results MOUNTAIN VIEW, Calif. - July 25, 2019 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) …
Amazon.com:
Amazon reports Q2 revenue of $63.4B, up 20% YoY, net income of $2.6B, up from $2.5B in Q2 2018, and AWS revenue of $8.4B, up from $6.1B in Q2 2018  —  Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its second quarter ended June 30, 2019.
Steve Lohr / New York Times:
Two antitrust academics say Chris Hughes joined them in meetings with the FTC, the DOJ, and state AGs to lay out a potential antitrust case against Facebook  —  Chris Hughes used to huddle with Mark Zuckerberg in a Harvard dorm room building Facebook from scratch.
Caroline Haskins / VICE:
FOIA docs show Ring required Lakeland, FL, police to advertise its surveillance cameras in exchange for free products and a portal for requesting footage  —  The Lakeland, Florida police department is required to “encourage adoption” of Ring products as part of a secret agreement with the company.
Bloomberg:
Sources: Apple's suppliers are preparing to produce components for up to 75M new iPhones in H2 2019, roughly the same number as in 2018  —  - New models to focus on upgrades to cameras, faster processor  — Samsung's and Huawei's problems could help Apple in long run
Washington Post:
Current and former moderators in Manila describe how tech companies like Facebook, YouTube, and Twitter outsource the trauma that comes with content moderation  —  Social media giants have tasked a workforce of contractors with reviewing suicides and massacres to decide if such content …
Matthew Rosenberg / New York Times:
Facebook's ad library is so plagued by bugs and technical constraints that researchers say it is effectively useless to adequately track political advertising  —  The social network's new ad library is so flawed, researchers say, that it is effectively useless as a way to track political messaging.
Dieter Bohn / The Verge:
T-Mobile says it will not carry Samsung's Galaxy Fold when it is released in September; AT&T says it is still working with Samsung  —  It will still work on the network, but it's a ding against Samsung  —  Now that Samsung has announced that it has made changes to the Galaxy Fold …
Dieter Bohn / The Verge:
Daisuke Wakabayashi / New York Times:
Rep. Tulsi Gabbard sues Google for briefly suspending her Ads account after the first Democratic debate; Google says unusual activity triggered the suspension  —  Representative Tulsi Gabbard, the long-shot presidential candidate from Hawaii, said in a federal lawsuit that Google infringed …
Pew Research Center:
Study of YouTube channels with 250K+ subs in early 2019: a small share produce most of the content, kids videos do very well, and most videos aren't in English  —  The media landscape was upended more than a decade ago when the video-sharing site YouTube was launched.
Emily Birnbaum / The Hill:
House passes bipartisan Stopping Bad Robocalls Act, requiring telcos to implement tech that verifies caller identity and increases FCC penalties  —  The House on Wednesday took a major step toward cracking down on illegal robocalls by passing legislation allowing for tougher penalties …
Jon Porter / The Verge:
eBay says it will launch Managed Delivery, its own fulfillment service, in the US next year with an aim to deliver packages in two to three days  —  Although it won't own its own warehouses  —  eBay has announced plans to launch its own fulfillment service called Managed Delivery …
Cecilia D'Anastasio / Kotaku:
Report: 74% of gamers in the US have experienced some form of harassment with 65% experiencing severe harassment including physical threats and stalking  —  74 percent of adults who play games online have experienced some form of harassment, according to a new report released today.

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