Facebook beats in Q2 with $9.32B revenue despite slower user growth

 Facebook’s hot streak continued with a strong Q2 2017 earnings report. It earned $9.32 billion and $1.32 in GAAP actual EPS, compared to estimates of $9.2 billion revenue and $1.13 EPS. Revenue growth was 44.7% year-over-year, compared to 59% in Q2 2016, indicating that revenue is slowing down as Facebook warned investors that it was running out of space to show ads in the News Feed.… Read More

PayPal growing faster than expected

 Payments giant PayPal is growing faster than what analysts were expecting, according to the latest numbers. For the second quarter of 2017, PayPal brought in $3.14 billion in revenue, when analysts were expecting $3.09 billion. This is up 18.3% from last year. Adjusting earnings per share (excluding one-time expenses) also beat Wall Street’s predictions, at 46 cents, instead of 43… Read More

Facebook’s CSO: the security industry needs to change

 Every summer, suited and/or black-clad security geeks flock en masse to the sun-drenched surreality of Las Vegas for “Hacker Summer Camp”: a full week of various security and hacker conferences, the fanciest of which ($2800 at the door) is called Black Hat. Today Facebook’s CSO Alex Stamos gave its keynote address. He began by calling the infosec community a… Read More

The CRISPR patent battle is back on as UC Berkeley files an appeal

 The University of California Berkeley has filed an appeal in a heated CRISPR patent interference case that ruled in the Broad Institute of MIT and Harvard’s favor last earlier this year. Last year, the U.S. Patent Office started looking into whether or not the Broad Institute had the right to a separate patent for CRISPR-Cas9, which allowed for human use of the technology. Berkeley… Read More

Bullish: Increasing access to technology for blind people

 Technology can be central to the lives of the 285 million people in the world who are blind or visually impaired, as long as they know how to use it. That’s where Erin Lauridsen, access technology director at LightHouse for the Blind and Visually Impaired, comes in. In her role, Lauridsen helps ensure people who are blind and visually impaired “know how to access all of the… Read More

Helsinki Summer: a photo gallery

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All photos made with my iPhone SE and edited on the phone with RNI Films.