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July 30, 2021, 6:15 AM
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| Amazon.com, Inc.: |
Amazon reports Q2 revenue of $113.08B vs. $115.2B est., net sales grew 27% YoY, net income of $7.8B, and AWS net sales of $14.8B, up 37% YoY; stock down 5%+ — SEATTLE—(BUSINESS WIRE) July 29, 2021—Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its second quarter ended June 30, 2021.
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| Jill Goldsmith / Deadline: |
Amazon reports Q2 “other” category revenue, which mostly covers its ad business, of $7.9B, up 83% YoY, and subscription services revenue of $7.9B, up 28% YoY — Amazon saw second quarter net sales of $113 billion, up 27% but below expectations, dinging the shares in late trading.| Maggie Fitzgerald / CNBC: |
Robinhood closes down 8% on its first day of trading, after raising $2.1B in its IPO at a valuation of around $32B — - Stock trading app Robinhood fell more than 8% on its first day of trading on the Nasdaq. — Robinhood's opening price was $38 per share.
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The Verge, New York Times, GlobeNewswire News Room, CNN, CNBC, Cointelegraph, Decrypt, Vox, Bloomberg, CNN, Wall Street Journal, The Economic Times, Reuters, New York Times, PYMNTS.com, Silicon Valley Business …, Bloomberg, PitchBook, Bitcoin News, CoinGeek, WRAL TechWire, SiliconANGLE, Yahoo Finance, Protocol, Bloomberg, StreetInsider.com, Fortune, Bloomberg, CNBC, MarketWatch, Finextra, Crypto Briefing, Crunchbase News, CoinJournal, Reuters, MarketWatch, Forbes, Fast Company, PYMNTS.com, Bloomberg, The Irish Times, and Silicon Republic
Tweets: @chrisbloomstran, @bgurley, @thestalwart, @schuldensuehner, @mylesudland, @robinhoodapp, @felixsalmon, @zerohedge, @vladtenev, @nycsouthpaw, @vojtech, @wsbmod, @eringriffith, @danprimack, @danprimack, @levynews, @jordannovet, @katie_roof, @mikeisaac, @cryptowendyo, @eringriffith, @dangillmor, @benpopper, @thestalwart, @andrew__reed, @tradingview, @pkedrosky, @chrisbloomstran, @felixsalmon, @chrisbloomstran, @chrisbloomstran, @chrisbloomstran, @chrisbloomstran, @chrisbloomstran, @mims, and @cnnbusiness
| Jay Peters / The Verge: |
Snap says it resolved an issue that prevented some Snapchat users from logging in and advises users to manually update the app if the issue persists — Snap resolved an issue preventing users from logging in — Snapchat experienced a massive issue Thursday evening, with more than 125,000 users reporting problems on Downdetector.
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inews.co.uk, Android Authority, TechRadar, The Economic Times, ABC, 9to5Mac, 9News, and iMore
Tweets: @snapchatsupport and @snapchat
| Nick Statt / Protocol: |
A look at the fallout from the Activision Blizzard suit, as the company confirms it fired WoW lead for misconduct last year and hires “union-busting” law firm — Activision Blizzard is in crisis mode. The World of Warcraft publisher was the subject of a shocking lawsuit filed … | Jonathan Greig / ZDNet: |
Researchers detail a never-before-seen attack against Iran's train system and transport ministry from a new threat actor using a reusable wiper called Meteor — SentinelOne analysts were able to recreate the July 9 attack and identify the threat actor behind it.
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SentinelLabs, The Record, The Hacker News, BleepingComputer, and SecurityWeek
Tweets: @thegrugq, @campuscodi, and @stick631
| Daniel Estrin / NPR: |
Source: NSO Group has temporarily blocked several government clients globally from using its technology as the company investigates their possible misuse — Israeli spyware company NSO Group has temporarily blocked several government clients around the world from using its technology … | Abner Li / 9to5Google: |
Neuralink, Elon Musk's brain-computer interface company, raises $205M Series C led by Vy Capital, with GV and others participating — In addition to SpaceX and Tesla, Neuralink is another Elon Musk company. Focused on building a brain machine interface, Neuralink today announced … | Salvador Rodriguez / CNBC: |
Pinterest misses on user growth in Q2, with 454M MAUs vs. 482M est., as revenue beats, with $613M, up 125%+ YoY, vs. $562.1M est.; stock down ~14% after hours — - The company declined to provide third-quarter guidance on monthly active user due to the unknown impact of Covid-19 variants.
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TechCrunch, Coinspeaker, Pinterest, Wall Street Journal, Barron's Online, Investor's Business Daily, MarketWatch, and Wall Street Journal
Tweets: @chrisbrogan, @alex, @andyswan, @ojrenick, @nrossolillo, @buccocapital, @nrossolillo, @lamonicabuzz, @zguz, @mdtrades12, and @richlightshed. Thanks:@sal19
| Edward Ongweso Jr / VICE: |
48 civil rights and advocacy groups join in asking the FTC to ban corporate facial surveillance technology, continuous corporate surveillance of public space — The open letter uses Amazon as a case study to argue that corporate surveillance technologies cause immense harm and fall under the FTC's authority to ban.| Thomas Brewster / Forbes: |
Profile of Israeli surveillance startup Paragon, funded with $5-10M from US-based Battery, which sources say allows police to hack encrypted messaging apps — Paragon Solutions doesn't have a website. There's very little information at all about them online, even if the Tel Aviv-based …
Tweets: @jsrailton, @imdrinknwyn, @matthewmspace, @marwasf, @ncweaver, @imdrinknwyn, @jsrailton, @tenacioustek, @imdrinknwyn, @jsrailton, @nixxin, @chey_cobb, @zackwhittaker, and @iblametom
| Ben Schoon / 9to5Google: |
A job listing shows that Google is considering making Stadia the backend of other “interactive streaming platforms” as a white-label option — After closing its in-house Stadia Games & Entertainment studios earlier this year, many have wondered what the future of Google's game streaming ambitions will look like.| Michail / GSMArena.com: |
Motorola announces the Edge 20, 20 Pro, and 20 Lite for Europe, Latin America, and Asia, coming in August with prices starting from €349.99 — A trio of new Motorola phones was announced with the Edge 20 Pro, Edge 20 and Edge 20 Lite. The Pro model brings a flagship specs sheet …
| Karissa Bell / Engadget: |
Twitter announces updates to Spaces which will let users tweet directly from the Space; iOS users will be able to search for live and upcoming Spaces — another update that makes the audio feature easier to share and discover. Now, users will be able to compose a new tweet directly from the Space …
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Social Media Today and 9to5Mac
| Ian Carlos Campbell / The Verge: |
Amazon Kindle devices with built-in 3G won't be able to download e-books via cellular connection in the US starting in December as carriers switch off 2G and 3G — Devices that can't connect to Wi-Fi will be out of luck — Amazon's Kindle e-readers with built-in 3G will begin to lose …
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HotHardware.com News, Good e-Reader, CNET, ExtremeTech, Android Police, Forbes, TechSpot, Trusted Reviews, BBC, BGR, KnowTechie, TechCrunch, Mashable, Digital Trends, TechRadar, Gizmodo, MUO, and Mobile Phones News
Tweets: @shortformernie and @_msw_
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