In the second-quarter, Groupon beat analyst estimates on earnings per share and revenue, and even raised revenue guidance for the year, The Chicago Tribune reports. “Revenue for the quarter was $756 million, up more than 2 percent compared to the second quarter of 2015. Analysts had expected revenue to be $711 million,” it writes. “And Groupon lost 1 cent per share, beating an expected loss of 2 cents per share, on a loss of $51.7 million.”

LinkedIn is buying presentation-sharing software startup PointDrive. In turn, “The company’s 15 employees will relocate to LinkedIn’s Chicago or San Francisco offices,” The Chicago Tribune reports. “PointDrive, which CEO Bill Burnett launched widely in 2014, lets users create presentations and send them through its Web app or an email link.”

Reddit is readying a new ad offering called Promoted User Posts, which will let marketers sponsor user generated posts on its platform, Ad Age reports. “That means if someone creates a giant replica of a Taco Bell hot sauce packet, for example, and shares it on Reddit, the restaurant chain could step in and sponsor that post,” it writes. “In turn, Reddit will display it in different parts of its website and target specific users that the brand wants to reach.”

Facebook is taking flack for blocking links to WikiLeaks’ DNC email dump. “We don’t know why Facebook took issue with the links,” The Next Web notes. “It’s possible its algorithm incorrectly identified them as malicious, but it’s another negative mark on the company’s record nonetheless.” Adds TNW: “Previously, Facebook was discovered to have removed a Live video of Philando Castille dying, and posts of the Bastille Day aftermath were scrubbed from the newswire.”

Reddit’s not doing very well, sources tell TechCrunch. “Over the past six months, over a dozen senior Reddit employees -- most of them women and people of color -- have left the company,” it writes. “Reddit’s efforts to expand its media empire have also faltered.” What’s more, “Reddit let go of at least two key members of its team earlier this week.”

On embedded tweets, Periscope streams will now start streaming automatically. That “essentially makes any webpage its own live TV channel,” The Next Web reports. “Users don’t need to do anything differently, and those embedding tweets … also have no extra work; embedded tweets simply access the stream in real-time.”

Facebook will be live-streaming all nine exhibition games played by the U.S. men and women’s national basketball teams, over the next two weeks. “The USA Basketball National Team exhibition games … will be live-streamed on Facebook for the first time by NBA TV,” Variety reports. “The goal is to drum up interest in the teams ahead of the 2016 Summer Olympic Games.”

Facebook and Snapchat are winning the hearts and minds of some longtime YouTube publishers, The Wall Street Journal reports. “Even as the media business becomes more fixated on web video, some publishers are questioning whether YouTube is still worth their investment,” it writes. “The shift in tone regarding YouTube shows how quickly the technology and media landscape as well as consumer habits have evolved.”

Since the launch of Pokémon Go earlier this month, Nintendo’s market capitalization has more than doubled -- ending Tuesday trading at $42.5 billion -- The Verge reports. “Such has been the appetite for Nintendo stock, in fact, that on Friday it broke the single-day trading record in Tokyo this century, with $4.5 billion of stock changing hands.”

After sending what Twitter deemed to be racist and demeaning tweets, the social giant has permanently suspended the account of conservative commentator Milo Yiannopoulos. “People should be able to express diverse opinions and beliefs on Twitter,” a company spokesperson tells BuzzFeed. “But no one deserves to be subjected to targeted abuse online, and our rules prohibit inciting or engaging in the targeted abuse.”