elproducto #30 👉 a weekly round-up of Tech and Product goodness

Facebook’s home speaker, Amazon’s AR try-on patent, Problem-market fit, Tech Q2 results, Self-driving people by Airbnb, Worst UI techniques & more.

👩‍🚀 TL;DR

Q2 earnings calls week: Facebook profit grew 71% YoY beating expectations. Both Amazon and Alphabet (Google) presented ok results, still shares trended down due to lower earnings per share for the former and the EU fine for the latter. Twitter shares dropped more than 14% after poor results.

📰 Seen on the news

Facebook is developing a home speaker with touch display; focuses on photo display; reportedly will be manufactured by Pegatron Technology and slated to launch early next year.

🤑 Q2 results

Both Facebook ($494.9B market cap) and Amazon ($516B market cap) passed $500B in market value this week, a first for each company; Apple ($778B market cap), Google ($650B market cap), and Microsoft ($560B market cap) are the only tech companies worth more. Jeff Bezos becomes the richest person in the world after a surge in Amazon shares; Bill Gates has held top position since 2013; Bezos’ net worth is now $90.9B, compared to Gates’ $90.7B.

📚 Good reads

Self-Driving People, Enabled by Airbnb. How Airbnb wants to unlock human potential while enriching the local community and creating new employment.

🎯Quote of the week

Push Notification is a privilege because users place trust in you by allowing you to send messages directly to them, and you mustn’t abuse that privilege.” — Nick Babich

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elproducto is a curated selection of Tech&Product happenings within the last few days from a curious and frequently skeptical Product Manager’s perspective.

Full-time learner, product stuff, “triathlete” & global traveller. Creating cool products @ Revolut, formerly @ Booking.com and @ Just Eat.