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April 26, 2018, 7:40 PM
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Top News

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.
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.
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  —  Every time I talk to someone about the viability of blockchain, I get challenged to show a real project beyond the obvious bitcoin use case.

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This is a Techmeme archive page. It shows how the site appeared at 7:40 PM ET, April 26, 2018.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

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”

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

William Earl / Variety:
Heretic's directors say they put a message in the credits that “no generative AI was used in the making of this film” to warn Hollywood about the danger of AI

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
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

Earlier Picks

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
Bloomberg:
Samsung, the exclusive supplier of iPhone X OLED screens, says its Q1 profits for its display business were “affected by slow demand for flexible OLED screens”
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