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Fitbit beats Q2 expectations with strong Versa sales

Fitbit published second quarter fiscal results on Wednesday, beating market expectations with strong performance from the Versa, Fitbit’s first mass-appeal smartwatch. The wearables maker posted a non-GAAP net loss per share of 22 cents on revenue of $299 million. Wall Street expected a net loss per share of 24 cents on revenue of $285.4 million. Q2 of Versa, Fitbit says,… Read more →

Square has made $37 million supporting Bitcoin trading

Square reported second quarter financial results that beat estimates, with revenues rising across the business — including its profit from enabling Bitcoin trading on its Cash app. The payments company posted a Q2 net loss of $6 million, or a penny a share, compared to a net loss of $16 million, or four cents a share, a year earlier. Square’s… Read more →

T-Mobile adds 1.6 million net customers in Q2

Video: T-Mobile takes fastest carrier crown: Ookla T-Mobile added 1.6 million net additions with 1 million postpaid as the wireless carrier is continuing to keep momentum going. The carrier, which is planning to merge with Sprint, said second quarter earnings were $782 million, or 92 cents a share, on revenue of $10.6 billion, up 4 percent from a year ago…. Read more →

DOJ arrests three Ukrainian nationals from Fin7 cybercrime group

The Department of Justice said it has three high-ranking members of cybercrime group Fin7 for their roles in cyberattacks on more than 100 U.S. companies. According to the DOJ, victim companies were in 47 states. Fin7 operates out of Eastern Europe and three Ukrainian nationals–Dmytro Fedorov, 44, Fedir Hladyr, 33, and Andrii Kopakov, 30–were being indicted. Each of the three… Read more →

Reddit says hackers breached its systems, some user data compromised

Video: Reddit plans Ethereum and Litecoin support with crypto relaunch Reddit has disclosed a breach of its systems that compromised user data including some current email addresses and salted and hashed passwords from a 2007 database backup. On Wednesday, the web content aggregation platform notified users that a hacker gained access to several employee accounts via SMS intercept between June… Read more →

Put the Auto-Vox X1 10-inch dash-cam in your car for $187

ZDNet’s Business Bargain Hunter scours the web for great deals on computers, phones, services and much more. Prices and availability are accurate at the time deals are shared. Some products and services may not be available outside the U.S. Follow BBH on Facebook and Twitter, where he’s known as The Cheapskate. Plus: You’ll find more Cheapskate deals on CNET. Eileen… Read more →

Vonage buys WebRTC player TokBox for $35 million

Internet communications company Vonage Holdings said Wednesday that it’s acquired TokBox, providers of programmable video services, for $35 million. TokBox is a player in WebRTC programmable video sector, as its platform lets users integrate live video into their applications and websites. Its customers include Kickstarter and the Royal Bank of Scotland. Vonage — which focuses primarily on programmable SMS, voice… Read more →

Facebook, Instagram get more digital wellness controls

Facebook is launching new tools to manage time on Facebook and Instagram in what is becoming a digital wellness parade among tech vendors. In recent months, tech vendors–notably Apple and Google–have moved to enable limits on screen time. Facebook, which is arguably the biggest time vampire in your life, has been adding features to curb social media addiction. Facebook’s latest… Read more →

Sports, engagement, and tech company lack thereof

Video: Ronaldinho Coin: Soccer player launches e-sports strategy to go with cryptocurrency As those of you who know me, know, I’m a huge sports fan. I love the Yankees, really like the New York Giants, like the Rangers and the Knicks, though can’t tolerate the Knicks owner(ship), who are a blight on the game of basketball. In the latter case,… Read more →

Stratasys Q2 stabilizes as high-end systems sales bounce back

Stratasys said sales of high-end 3D printing systems bounced back to more normal patterns in the second quarter as its results topped estimates. The company, which is focused on 3D printing and additive manufacturing, reported a second quarter net loss of $3.6 million, or 8 cents a share, on revenue of $170.2 million, flat with a year ago. Non-GAAP earnings… Read more →

Radio data and the future of broadcasters: Using attribution analysis to measure consumer behavior

Video: How AI, the cloud, and Big Data are transforming the pharmaceutical industry Radio stations have a business model traditionally based on advertising, and this is somewhat problematic. At a time when advertisers have many options in terms of digital media that can let them work out ad placement strategies and ROI based on troves of data, over the air… Read more →