Welcome to the Tech Meme Ride Home for Thursday, July 26, 2018. I'm Brian McCullough.

Today, the Facebook earnings disaster, what else?

But also, Qualcomm walks away from an acquisition.

Amazon's facial recognition tech seems pretty flawed,

and Samsung might have invented unbreakable displays

for smartphones. Here's what you miss today in the world of tech. Well, either I picked the worst week to decide to change my policy on reporting earnings

and shifting it to the next day, or I chose the absolute best week.

I actually still think this is the best way to do it waiting for the next day

because quite frankly when the headline number that we're about to talk about came out yesterday

it didn't look too bad. The

stock was only down around 8% at the time that yesterday's pod would have

posted and it wasn't until the conference call started which came way after

yesterday's show came out that the stock plummeted like 20%.

So this is all to say I wouldn't have been able to give you this big news yesterday anyway.

And I can give it to you now and we can really chew on it.

And of course the big news is Facebook

and its epically disastrous earnings report after the bell yesterday.

As I said initially the headline number Report after the bell yesterday.

As I said, initially the headline numbers looked fine.

Q2 revenues came in at $13.23 billion, which was up 42% year over year.

Excellent.

Net income was $5.1 billion up 31% year over year. Strong growth. And even

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