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April 28, 2017, 9:15 AM
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Top News

Bloomberg:
Apple's self-driving Lexus seen in Silicon Valley with 64-channel lidar, at least two radars and a series of cameras  —  Almost two weeks after Apple Inc. secured permission to test its autonomous-car technology in California, the first images of the vehicle have emerged from Silicon Valley roads.
Ben Popper / The Verge:
Alphabet beats estimates with profits up 29% YoY on strong ad sales, stock rises by 3% after hours  —  Google, along with Facebook, now dominates online advertising  —  The Interactive Advertising Bureau released its annual report yesterday on the state of the digital ad market.
Alphabet Investor Relations:
Alphabet Q1 results: $24.75B revenue, up 22% YoY, and $5.42B net profit; Other Bets collected $244M in revenue but had an operating loss of $855M
Biz Carson / Business Insider:
Memo: Anthony Levandowski to stop work on lidar amid Waymo lawsuit, will remain with Uber, report to Eric Meyhofer who was named head of Uber's ATG  —  Anthony Levandowski, the head of Uber's self-driving group, is stepping aside in face of trade-theft accusations from his former employer, Waymo.
Larry Dignan / ZDNet:
Microsoft productivity business unit had $8B in revenues, up 22% YoY; LinkedIn added $975M to unit's sales in a first full quarter since acquisition  —  But Azure revenue remains a mystery.  As usual Office and enterprise tools carry the quarter.  —  Microsoft said its commercial cloud revenue …
Microsoft:
Microsoft reports Q3 2017 revenue of $22.1B as its Intelligent Cloud business hits $6.8B, driven by 93% YoY growth of Azure; Surface revenue down 26% YoY
Tom Krazit / GeekWire:
AWS reports 42% YoY jump in revenue to $3.66B, up from $2.57B a year ago, as growth slows slightly  —  The crown jewel of Amazon's business, Amazon Web Services, posted a 42 percent jump in revenue during the first fiscal quarter of 2017, as it continues to set the standard for cloud computing.
Amazon.com:
Amazon posts Q1 revenue of $35.71B, up 23% YoY, as operating income declines 6% YoY to $1B  —  Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its first quarter ended March 31, 2017.  —  Operating cash flow increased 53% to $17.6 billion for the trailing twelve months …
Joseph Menn / Reuters:
Facebook identifies efforts to falsely amplify content and sentiment using fake accounts, as seen in US election, improves detection using patterns of activity  —  Facebook Inc (FB.O) acknowledged on Thursday that it has become a battleground for governments seeking to manipulate public opinion …
Jon Brodkin / Ars Technica:
FCC releases the full text of Ajit Pai's proposal to roll back Title II net neutrality rules ahead of May 18 vote, opens commenting system  —  Bans on blocking and throttling may not be necessary, FCC says.  —  You can now start filing public comments on the Federal Communications Commission plan to eliminate net neutrality rules.
Nicole Bullock / Financial Times:
Cloudera prices IPO at $15/share, above $12-$14 range, raising $225M and valuing the company at about $1.9B  —  Sign that unicorns are being forced to accept big discounts on former valuations  —  Read next … Cloudera, once one of the most highly valued private tech companies …

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From Mediagazer

The Guardian:
Leaked files: WaPo publisher Will Lewis supported Boris Johnson as a secret political adviser when he was UK PM in 2022; Lewis was AP's vice-chair at the time

Charlotte Tobitt / Press Gazette:
Free London business paper City AM says it returned to print profitability, with gross profit margin of 50% last quarter and EBIT up 52% from January to August

Financial Times:
Sources: Rupert Murdoch forced the $3.3B succession deal through sheer will, placing enormous pressure on his adult children during negotiations over months

More News

Earlier Picks

Ron Amadeo / Ars Technica:
Google debuts Google Assistant SDK in preview, letting developers run Assistant on their own hardware
Bloomberg:
Jimmy Iovine says Apple will introduce a new version of Apple Music that better showcases video alongside the next version of iOS
Jason Del Rey / Recode:
Sources: Apple in talks with payments industry partners to launch Venmo-like P2P money-transfer service; one source says service could be announced this year
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