Techmeme
April 28, 2017, 10:30 AM

Top News

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:
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.
Jeff John Roberts / Fortune:
Google and Facebook were victims of a $100M phishing scam by a Lithuanian man arrested in March 2017; both companies say they have recouped the funds  —  When the Justice Department announced the arrest last month of a man who allegedly swindled more than $100 million from two U.S. tech giants, the news came wrapped in a mystery.
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:
Lulu Yilun Chen / Bloomberg:
Didi Chuxing raises $5.5B, in single largest round of funding on record, to expand beyond China; round makes it the world's most valuable startup after Uber  —  Didi said to raise money from SoftBank, Silver Lake and others  —  Didi is said to have become most valuable startup in Asia
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.
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:
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.

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