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April 25, 2018, 7:40 PM
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Top News

Josh Constine / TechCrunch:
Facebook reports Q1 revenue of $11.97B, up 49% YoY, vs. $11.41B est, and net income of $4.99B, up 63% YoY; MAUs up 13% YoY to 2.20B and DAUs up 13% YoY to 1.45B  —  Amongst massive criticism over data privacy, Facebook showed the resiliency of its advertising machine by beating Wall Street's …
Facebook:
Facebook reports Q1 advertising revenue of $11.8B, up 50% YoY, of which ~91% comes from mobile, up from 85% in Q1 2017; headcount up 48% YoY to 27,742  —  Facebook, Inc. (Nasdaq: FB) today reported financial results for the quarter ended March 31, 2018.  —  “Despite facing important challenges …
Vlad Savov / The Verge:
Google rolls out revamp of Gmail with refreshed UI, confidential mode, snoozing, nudging for time-sensitive emails, 2FA per message, high priority notifications  —  Snoozing, nudging, hover actions, and a new sidebar — it's a mobile app on the web!  —  The world's most popular email service is getting a big overhaul today.
Mat Honan / BuzzFeed:
Amazon launches a $79 Echo Dot Kids Edition with kid-friendly Alexa and one year of FreeTime Unlimited, a bundle of curated content with a Parent Dashboard  —  There's a new version of Alexa, Amazon's digital assistant, that's designed just for kids.  The Amazon Echo Dot Kids Edition …
Josh Constine / TechCrunch:
Snap announces Snappables, AR lenses that use touch, motion, and facial expressions for single and multiplayer games, rolling out globally with new games weekly  —  Snapchat wants to let you play its augmented reality Lenses, not just play dress-up.  Today it launched Snappables …
Tom Jackman / Washington Post:
Federal appeals court upholds a 15-month prison sentence for e-waste recycler Eric Lundgren for making Windows restore disks  —  A California man who built a sizable business out of recycling electronic waste is headed to federal prison for 15 months after a federal appeals court in Miami rejected …
Zac Bowden / Windows Central:
Sources: Microsoft is working on a new edition of Windows 10, codenamed Lean, that is 2GB smaller than the normal edition, aimed at devices with 16GB storage  —  Windows 10 Lean is Windows 10 on a diet.  Featuring a much smaller footprint, Windows 10 Lean is designed for devices with 16GB …
Brian Krebs / Krebs on Security:
WebStresser, a DDoS-for-hire service with 136K users and linked to 4M+ cyberattacks is shut down; UK's NCA says service could be rented for as little as $14.99  —  Authorities in the U.S., U.K. and the Netherlands on Tuesday took down popular online attack-for-hire service WebStresser.org and arrested its alleged administrators.
Steven Levy / Wired:
Profile of Ray Ozzie, former CTO at Microsoft, and his quest to architect a backdoor for encrypted devices that won't lead to a security or privacy fiasco  —  Ray Ozzie thinks he has an approach for accessing encrypted devices that attains the impossible: It satisfies both law enforcement and privacy purists.
Andy Greenberg / Wired:
Researchers find flaw in Vingcard's Vision locks, used in 140K hotels in 160 counties, that lets them make a master key using an old key card and a $300 reader  —  IN 2003, FINNISH security researcher Tomi Tuominen was attending a security conference in Berlin when a friend's laptop …
Selina Wang / Bloomberg:
Twitter beats Q1 estimates with revenue of $665M, up 21% YoY, vs. $605.9M est., and says DAUs up 10% YoY; MAUs up 3% YoY to 336M vs. 334.2M est.  —  Revenue increases 21 percent, the biggest jump in two years  —  Monthly active users rise by 3 percent to 336 million
Wall Street Journal:
Sources: US DOJ is investigating whether Huawei violated US sanctions related to Iran, amid broader concerns about the company from the US government  —  Probe raises the stakes for Huawei, which faces a series of moves by Washington to diminish its already-limited business dealings in the U.S.
Sarah Perez / TechCrunch:
YouTube announces expanded opt-in YouTube Kids controls for parents, including locking down content to show only channels reviewed by humans  —  To address parents' concerns over inappropriate content on YouTube being seen by children, Google today is announcing an expanded series of parental controls for its YouTube Kids application.
Mark Gurman / Bloomberg:
Tim Cook met Trump at the White House on Wednesday, in a meeting closed to the press, amid US-China trade tensions that could affect Apple's business in Asia  —  Cook attended Tuesday's state dinner for France's Macron  —  Apple CEO has urged China and U.S. to settle trade differences
Jacob Kastrenakes / The Verge:
Opera launches Touch, a mobile browser designed for one-handed use, and Flow to keep the mobile browser in sync with an updated desktop browser  —  Opera is releasing a new Android web browser today with a couple of clever interface choices meant to make it easier to use than other mobile browsers.

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From Mediagazer

Mandy Dalugdug / Music Business Worldwide:
UMG, ABKCO, and Concord sue Believe and its subsidiary TuneCore for $500M+, alleging Believe built its business via “industrial-scale copyright infringement”

Daniel Thomas / Financial Times:
BBC Chair Samir Shah calls for UK's “outdated” regulatory regime to be improved to let public service broadcasters compete with US streaming giants for viewers

Christopher Palmeri / Bloomberg:
Sources: Shari Redstone does not plan to stay on the board of Paramount Global after the company completes its planned merger with Skydance Media

More News

Timothy W. Martin / Wall Street Journal:
McAfee report identifies North Korea-linked hacking and data-theft campaign called Operation GhostSecret working across 17 countries and many industries

Earlier Picks

Jonathan Randles / Wall Street Journal:
Filing: Peter Thiel agrees to withdraw bid for Gawker website and archives, will give eventual buyer legal release for archived articles
Bloomberg:
Xiaomi says it will limit profit margin from its hardware business, including smartphones, to no more than 5% “forever”, ahead of widely expected IPO
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