Tech Brew Ride Home

The king of the bitcoin miners mulls an IPO (not an ICO), the prediction market Augur gets dark, a “Netflix for gadgets” and a “Dallas Cowboys for e-sports” both raise money, advice for Twitter and Facebook, and why autonomous cars need to talk to us. Links:Scoop: Bitcoin Mining Company Bitmain Hit $1.1 Billion in Profits in Q1 2018 (Fortune)The First Augur Assassination Markets Have Arrived (CoinDesk)Grover raises €37M Series A to offer latest tech products as a subscription (TechCrunch)Twitter is prioritizing its network ‘health’ over adding new growth features. Is that the right move? (Recode)Why unskippable Stories ads could revive Facebook (TechCrunch)Retailers set sights on Facebook, Google ad revenue (Reuters)The self-driving cars hitting the road in Texas today are unlike any we’ve seen before (The Verge)

Slack takes out some competitors, Twitter get its own earnings shock, Amazon is just fine, thank you very much, Stripe issues credit cards, MoviePass… still alive at the time of this recording… and the weekend longreads suggestions. Stories from: @neilstrauss, @lmatsakis Tweets: @sparkycollier Links:Goodbye HipChat: Slack and Atlassian Team Up on Chat Software (Bloomberg)This is the Amazon everyone should have feared — and it has nothing to do with its retail business (Recode)Stripe Starts Issuing Credit Cards (Bloomberg) Weekend Longreads:Brock Pierce: The Hippie King of Cryptocurrency (Rolling Stone)How Silicon Valley Has Disrupted Philanthropy (The Atlantic)THE 'GUERRILLA' WIKIPEDIA EDITORS WHO COMBAT CONSPIRACY THEORIES (Wired)Inside Google’s Shadow Workforce (Bloomberg)MySpace and the Coding Legacy it Left Behind (Code Academy)

The Facebook earnings disaster. What else? But also Qualcomm walks away from an acquisition, Amazon’s facial recognition tech seems pretty flawed, and Samsung might have invented unbreakable displays for smartphones! Links:Samsung announces new 'unbreakable' display that survives punishing UL certification (Android Central)

Another internal Facebook memo leaks, China tells Facebook “not so fast,” Steam battles Discord, why the iPhone can’t compete in China, and a Y2K bug for the new millennium. Links:Departing Facebook Security Officer's Memo: "We Need To Be Willing To Pick Sides" (BuzzFeed News)China Said to Quickly Withdraw Approval for New Facebook Venture (NYTimes)Steam is rolling out its new Discord-like chat features to all users (The Verge)General Motors wants its customers to rent their cars to other people (The Verge)Why the iPhone can’t compete in India (The Verge)Big tech warns of 'Japan's millennium bug' ahead of Akihito's abdication (The Guardian)

Alphabet earnings, Google’s Translation app takes over the world, potentially two new Xbox consoles, Verizon wants to deliver TV over 5G and the thin-and-light laptop revolution has gone too far! Links:Alphabet surges to all-time high as Wall Street says internet giant’s big bets are ‘paying off’ (CNBC)Alphabet’s experimental investments in the future continue to cost it a fortune (The Verge)Google CEO Sundar Pichai revealed a jaw-dropping fact about its translation app that shows how much money is still sitting on the table (Business Insider)Miles is an app that tracks your every move in exchange for deals and discounts (The Verge)A Few More Details About Microsoft’s Xbox Scarlett Game Streaming Service (Thurrott.com)Verizon Is Seeking Google or Apple as 5G TV Provider (Bloomberg)Thinner and Lighter Laptops Have Screwed Us All (Motherboard)

Susan Fowler Rigetti gets a high profile new job, a Lyft and Uber driver was live-streaming without consent, Samsung takes a big step toward a 5G world, and why is Google Translate spitting out religious prophecies? Links:St. Louis Uber driver has put video of hundreds of passengers online. Most have no idea. (St. Louis Dispatch)$20K in Crypto: The First Bets on Prediction Market Augur Just Paid Out (CoinDesk)Qualcomm's new chips fix a major problem for 5G phones (CNET)Why Is Google Translate Spitting Out Sinister Religious Prophecies? (Motherboard)Pinterest nears $1 billion in ad sales and valuation rises as it looks to go public in mid-2019 (CNBC)Consumer startups are dead. Long live consumer startups. (Eric Feng)

WhatsApp limits forwards, Microsoft announces earnings, emergency alerts on Netflix, grocery chain Kroger throws shade at Amazon Prime Day, and the Weekend Longreads Suggestions. Links:WhatsApp will drastically limit forwarding across the globe to stop the spread of fake news, following violence in India and Myanmar (Recode)https://techcrunch.com/2018/07/18/senate-wants-emergency-alerts-to-go-out-through-netflix-spotify-etc/ (TechCrunch)First Test Drive of the Tesla Model 3 Performance: A Thrilling, Modern Marvel (WSJ) Weekend LongreadsHow ‘Small’ Security Errors Lead to a Security Breach (Alex DeFreese)Robots Are Ready to Shake (and Stir) Up Bars (WSJ)AI Could Make Detecting Autism Easier (The Atlantic)Best Buy Should Be Dead, But It’s Thriving in the Age of Amazon (Bloomberg Businessweek)When a DNA Test Shatters Your Identity (The Atlantic)

Facebook and Zuckerberg address misinformation and censorship, Reddit rolls out live chatrooms, will Fuchsia replace Android, and who is online journalism’s newest savior? Links:Facebook says it will begin removing misinformation that leads to violence (The Verge)Full transcript: Facebook CEO Mark Zuckerberg on Recode Decode (Recode)Mark Zuckerberg clarifies: ‘I personally find Holocaust denial deeply offensive, and I absolutely didn’t intend to defend the intent of people who deny that.’ (Recode)REDDIT REINVENTS THE CHAT ROOM WITH COMMUNITY CHAT (Wired)The European Commission Versus Android (Stretechery)Project ‘Fuchsia’: Google Is Quietly Working on a Successor to Android (Bloomberg)Google’s Fuchsia OS on the Pixelbook: It works! It actually works! (Ars Technica)

Google faces a record European fine, Nest gets a major reshuffle inside Google, Walmart guns for Netflix, Venmo transactions can be public, and can cool camera tech destined for smartphones actually improve autonomous vehicles?

Netflix’s subscriber miss, Amazon’s troubled Prime Day, Walmart and Microsoft team up against Amazon, some big problems with voting machines and the big autonomous vehicle startup you’ve probably never heard of. Links:What Netflix's big miss means for the new tech economy (Axios)STRIKES, BOYCOTTS, AND OUTAGES MAR AMAZON PRIME DAY (Wired)Amazon warehouse workers are striking across Europe on Prime Day (The Verge)Andreessen Horowitz Names Connie Chan A General Partner, Ending VC Firm's No-Promotion Policy (Forbes)Top Voting Machine Vendor Admits It Installed Remote-Access Software on Systems Sold to States (Motherboard)VC Firm Social Capital Set Out to Fix Capitalism. Now It’s In Turmoil (Bloomberg)Amazon Foes Walmart and Microsoft Deepen Tech Partnership (WSJ)$800 Million Says a Self-Driving Car Looks Like This (Bloomberg Businessweek)