Cho Mu-Hyun / ZDNet:
Samsung reports Q2 earnings with sales of ~$44.5B, down 5.6% YoY, but an operating profit of ~$6.8B, up 23.5% YoY, as demand for memory chips increased — Samsung posted 8.15 trillion won in second quarter operating profit, with its semiconductor business contributing 5.43 trillion won of that.
Sara Fischer / Axios:
Snap releases its first diversity report: 4.1% are Black, 6.8% are Hispanic; women make up 32.9% of the company, 16% of technical roles, 7% of leadership roles — Snapchat on Wednesday released its first-ever diversity report, showing that the company is still slightly behind its peers …
Joanna Stern / Wall Street Journal:
Wearable devices with sensors that continuously gather your temperature, heart rate, and blood oxygen may become personal warning systems for COVID-19 — Wearable devices with sensors that continuously gather your temperature, heart rate and blood oxygen could become personal warning systems for the coronavirus
Ken Doctor / Nieman Lab:
Q&A with the new CEO of NYT Meredith Levien on establishing the paper as a world-class digital product and technology company — Meredith Kopit Levien knew early on that she´d like to head up a news publishing company. She just never expected she would end up as the CEO of The New York Times …
Manish Singh / TechCrunch:
Toppr, an e-learning service in India covering 17 subjects and preparing students for five dozen competitive exams, raises $46M led by Foundation Holdings — Toppr, one of the largest online learning startups in India, has secured $46 million in a new financing round as it looks to scale its platform including a new product.
Mike Wheatley / SiliconANGLE:
RangeForce raises $16M Series A led by Energy Impact Partners to help businesses train their cybersecurity teams — Cybersecurity training startup RangeForce said today it has armed itself with $16 million from an early-stage funding round led by Energy Impact Partners.
Kenrick Cai / Forbes:
Stack Overflow raises $85M Series E round led by GIC, says the Q&A service saw ~200K new users sign up each month from April to June, its best quarter ever — If you have a coding question, chances are a Google search will take you to Stack Overflow. The programming-oriented Q&A website …
Sarah Perez / TechCrunch:
Gaming platform Roblox says it has 150M+ MAUs, up from 115M in February, and its developer community is on pace to earn $250M+ in 2020, up from $110M in 2019 — Gaming platform Roblox, which has seen a surge of use due to the coronavirus pandemic, now has over 150 million monthly active users …
Ed Caesar / New Yorker:
The story of CyberBunker, a hosting provider that once hosted The Pirate Bay and a number of dark web sites, whose German facility was raided by police in 2019 — An eccentric Dutchman began living in a giant underground facility built by the German military—and ran a server farm beloved by cybercriminals.
Jackson Ryan / CNET:
Facebook, YouTube, and Twitter scramble to remove a video touting hydroxychloroquine as a coronavirus cure, after it was shared by Trump — Social media lights up with viral videos touting hydroxychloroquine as a coronavirus cure. It´s not. — Hydroxychloroquine, an anti-malarial drug used …