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Microsoft Says It Isn’t Abandoning Xbox Music, Promises It Will Suck Less Shortlyview story

http://techcrunch.com –  During Microsoft’s earnings call yesterday, Microsoft CEO Satya Nadella indicated that his company would “streamline” its work in music and video. That was interpreted in some cases to imply that Microsoft was walking away from Xbox Music, its beleaguered Spotify competitor. Read More (IT news)

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Report: Apple Orders 80 Million iPhone Phablets for Fall Debutview story

http://thevarguy.com – Apple (AAPL) must not be too worried about production problems reportedly hamstringing its impending large format 4.7-inch and 5.5-inch iPhones slated to debut in the next two or three months. Content Classification:  Curated read more (IT news)

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Bluelock Compiles Enterprise Go-To Disaster Recovery Listview story

http://thevarguy.com – While preparing for the possibility of data loss or failover is something every company should have a contingency plan for, the truth is that many enterprises would likely have little or no idea what to do if their systems were compromised by a natural disaster, malicious attack or system shutdown. read more (IT news)

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New Infosys CEO Vishal Sikka Prepares To Take The Helmview story

http://techcrunch.com –  It’s been a whirlwind few months for Vishal Sikka. It began when he suddenly left his job as executive and head of products at SAP at the beginning of May and it has continued as he prepares to take the helm at Infosys on August 1st. (IT news)

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Facebook Beats In Q2 With $2.91 Billion In Revenue, 62% Of Ad Revenue From Mobile, 1.32B Usersview story

http://techcrunch.com –  Facebook’s earnings beat projections for the 8th quarter straight with $2.91B in revenue and $0.42EPS in Q2 2014. The service is growing about twice as fast on mobile compared to its services as a whole. Facebook now has 1.07 billion mobile monthly users, and 654 million daily mobile users. That helped it bring in 62% of its ad revenue from mobile. (IT news)

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Tech Leaders Tell Interns What They Wish They Knew At Age 20view story

http://techcrunch.com –  Instagram co-founder Mike Krieger, PayPal co-founder Max Levchin, Eventbrite co-founder Kevin Hartz, early PayPal and AirBnB investor Keith Rabois, Indiegogo co-founder Danae Ringelmann and Re/code founder Kara Swisher were among the 11 speakers whose advice ranged from whether or not you should drop out of school to launch a startup to how to network. Read More (IT news)

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Facebook Share Price Hits All-Time High Of $75 After Hours Thanks To Strong Q2 Numbersview story

http://techcrunch.com –  Facebook’s stock infamously took a nosedive in the months following its public debut in 2012 after analysts wondered if the social network was too overhyped in its IPO and employee share lockups expired. But those days now seem a distant memory. On the back of a strong Q2 report, Facebook stock is at an all-time high in after-hours trading. (IT news)

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Hands On With The Production Version Of The Myo Gesture Control Armbandview story

http://techcrunch.com –  Thalmic Labs is a Waterloo-based startup with a very ambitious goal – to change the way we interact with our everyday computing devices. (IT news)

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Facebook Sets Revenue Per User Records Around The World In Q2view story

http://techcrunch.com –  Facebook just turned in a very strong quarter, with its revenue and earnings per share both beating analyst expectations. The company reported sequential-quarter user figures that were soft, but Facebook’s stock is now in the green after-hours. Driving its strong financial performance in the period was high average revenue per user, or ARPU. (IT news)

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The Server Needs To Die To Save The Internetview story

http://techcrunch.com –  Do we have the Internet we deserve? There’s an argument to say that yes, we absolutely do. Given web users’ general reluctance to pay for content. We are of course, paying. Just not with cold hard cash, but with our privacy — as digital business models rely on gathering and selling intel on their users to make the money to pay (the investors who paid) for the free service. (IT news)

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Twitter’s Diversity Report Is More Of The Sameview story

http://techcrunch.com –  Twitter released its diversity numbers on Wednesday afternoon after mounting pressure from civil rights groups — and they’re pretty bad if you’re not a white or Asian guy. Overall, Twitter’s employees are 70 percent male and 30 percent female. However when you look specifically at employees in tech, the gender gap grows, and 90 percent are male. (IT news)

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Facebook Says Messenger And Payments Will Eventually “Overlap” But Don’t Hold Your Breathview story

http://techcrunch.com –  Facebook does plan to monetize Messenger through payments, but it’s going to take its time to do it right. Regarding Messenger, CEO Mark Zuckerberg said on today’s Q2 earnings call that “over time there will be some overlap between that and payments”. (IT news)