Tech News Today for July 26, 2016
Tech News for July 26, 2016
Twitter reported its Q2 earnings on Tuesday. Read more at recode.net.
Apple released fiscal third quarter earnings today. Revenue dropped and hardware sales continue to decline, but less than Wall Street thought they would. Apple says they sold 40.4 million iPhones, 9.95 million iPads (which is better than expected) and 4.25 million Macs. The earnings report inspired at least a 6% bump to the stock after reported earnings per share were higher expectations. Which essentially means that Wall Street thought the report would be much worse than it was. Cook also said Apple saw nearly $40 billion in revenues for the last 3 quarters in China and that's up 55% from the same time 2 years ago. Read more at bloomberg.com
BlackBerry has made a bet on Android, first with its BlackBerry Priv released last year with a slideout keyboard and for a premium price, and now with its followup, the BlackBerry DTEK50. If you are a hardware keyboard fan, you won’t find that here, and in fact, the DTEK50 is priced considerabily lower than the Priv’s $700+ price tag, coming in at $299.99. So this is BlackBerry’s budget minded device that’s much less about unique design and more about BlackBerry software for the security minded. Read more at theverge.com.
The National Transportation Board released a preliminary report of the May 7th fatal accident involving a Tesla in autopilot mode. The report says the driver was speeding, but only going 74 in a 65. Beyond that, The Verge reports, no data was analyzed and an official cause of the crash has yet to be determined. What we do know is that the accident involved a laterally crossing vehicle, which the current Autopilot system is not equipped to protect. Today Mobileye, the creators of the software in this system say that aside from the current EyeQ3 image analysis intelligence, they will no longer provide Tesla with this software. Going forward Tesla will create the chips and the algorithms for these safety systems in house. Read more at theverge.com.