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April 26, 2018, 7:45 PM
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Amazon.com:
Amazon beats with Q1 revenue of $51B, up 43% YoY, net income of $1.6B, up from $724M YoY; stock up 7%+ after hours  —  Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its first quarter ended March 31, 2018.  —  Operating cash flow increased 4% to $18.2 billion …
Jason Del Rey / Recode:
Amazon to raise the price of Prime from $99 to $119 in the US, the first increase in 4 years, going into effect for new subs on May 11 and existing subs in June  —  The increase is effective for new customers starting May 11.  —  Amazon is increasing the price of its Prime membership …
Microsoft Investor Relations:
Microsoft reports Q3 revenue of $26.8B, up 16% YoY, profit of $7.4B, up 35% YoY, says it spent $6.3B on dividends and share repurchases, up 37% YoY  —  REDMOND, Wash. — April 26, 2018 — Microsoft Corp. today announced the following results for the quarter ended March 31, 2018 …
Rene Ritchie / iMore:
Apple to stop production of AirPort Express, Extreme, and Time Capsule Wi-Fi base stations, which were last updated in 2013, but will sell while stock lasts  —  AirPort Express, AirPort Extreme, and AirPort Time Capsule will continue to be sold while supplies last but then Apple is done with the router business... at least for now.
Casey Newton / The Verge:
Snap unveils next gen Spectacles with water resistance and improved transfer speed, available today from $150 with prescription and polarized lens options  —  They're slimmer, they take photos, and you can take them in the pool.  But will you?  —  Snap today released the next generation of Spectacles …
Ruhi Sarikaya / Amazon Developer Services:
Amazon details upcoming Alexa features: discovering skills via natural language, storing/retrieving arbitrary info, follow-up questions without “Alexa” prompt  —  Friction is any variable that impedes your progress toward a goal, whether it's purchasing a product or navigating traffic to make your 9 a.m. meeting on time.
Fred Lambert / Electrek:
Intel hires Jim Keller, Tesla's key chip designer and head of Autopilot, as SVP for silicon engineering; he also worked on Zen at AMD, led Apple's chip efforts  —  Legendary chip architect Jim Keller has seen an increasingly important role at Tesla since he joined the company in 2015.
Damian Collins / UK Parliament:
Disappointed with answers from Facebook's CTO at a parliamentary inquiry, MPs consider using summons power to force Zuckerberg to testify if he enters the UK  —  Following the questioning of Mike Schroepfer, Facebook's Chief Technology Officer, today at a public session of the Digital …
Sam Byford / The Verge:
Nintendo reports $1.62B operating profit, up 505% YoY, on strong Switch sales of ~15M units in the year ending March; Shuntaro Furukawa named president and CEO  —  Nintendo sold just over 15 million Switch consoles in the last financial year, matching its own raised expectations after a hugely successful launch.

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From Mediagazer

New York Times:
Court docs detail a smear campaign against actor Blake Lively via media articles and social media posts after she accused director Justin Baldoni of misconduct

Ankush Khardori / Politico:
Trump may erode press protections but the ABC case is not evidence of that as the decision to settle appears reasonable given Stephanopoulos' imprecise remarks

Jessica Toonkel / Wall Street Journal:
A deep dive into Paramount's sale to Skydance; sources: Skydance may integrate Pluto into Paramount+, and CBS head George Cheeks is expected to be head of TV

More News

Bloomberg:
A look at YouTube's strategy moving forward from a painful year, as it tries to rein in abusive content while encouraging creators and reassuring advertisers
Stephen Nellis / Reuters:
Qualcomm says it will cap phone price at $400 for IP license fee calculations so vendors don't have to pay more for more expensive phones

Earlier Picks

Jack Nicas / New York Times:
How 205 Facebook and Instagram accounts were impersonating Mark Zuckerberg and Sheryl Sandberg, many to scam vulnerable users through promises of lottery prizes
Ron Miller / TechCrunch:
IBM partners with a jewelry consortium to introduce TrustChain, a blockchain to prove the provenance of jewelry by following the supply chain from mine to store
CBC News:
Researchers say ten countries are using internet-filtering tech by a Canadian firm to censor news, religious content, LGBTQ+ resources, and political campaigns
Sui-Lee Wee / New York Times:
A look at China's “programmer motivators”, attractive women hired at tech firms to chat up, fan, and calm male coders, as well as give massages to ease stress
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