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April 28, 2017, 1:05 PM
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Top News

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
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.
Mary Jo Foley / ZDNet:
Microsoft's Surface revenues lower than expected due to both lack of product refresh and competition from its OEM partners  —  Microsoft's Surface revenues came in lower than expected in the company's third fiscal 2017 quarter due to both lack of product refresh and competition from the company's PC-maker partners.
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
Anya George Tharakan / Reuters:
Qualcomm lowers revenue and profit forecasts for the current quarter as Apple withholds royalty payments until the legal dispute between companies is resolved  —  Qualcomm Inc slashed its current-quarter profit and revenue forecasts on Friday, amid an escalating legal battle between the chipmaker and Apple Inc.
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.
Lulu Yilun Chen / Bloomberg:
Didi Chuxing raises $5.5B to expand beyond China; the round is the largest ever for a tech company and makes Didi 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
Kate Conger / TechCrunch:
Uber now lets users delete accounts without contacting support, adds new privacy features for notifications, location sharing  —  Uber announced today that it will make it easier for users to delete their accounts and access their privacy settings.  Now, the company will let users delete …
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.
Amazon.com:
Amazon posts Q1 revenue of $35.71B, up 23% YoY, as operating income declines 6% YoY to $1B

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This is a Techmeme archive page. It shows how the site appeared at 1:05 PM ET, April 28, 2017.

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

Rebecca Rubin / Variety:
Netflix's theatrical debut of KPop Demon Hunters is estimated to earn $18M-$20M this weekend, topping the domestic box office; it came out on Netflix in June

Oliver Darcy / Status:
Q&A with Wired's global editorial director Katie Drummond on how it is impossible to disambiguate tech from politics as the US turns toward authoritarianism

Lucas Shaw / Bloomberg:
Sources say the difficulties of lining up partnerships have delayed Spotify's super premium service, which Spotify has been talking about for a couple of years

More News

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

Earlier Picks

Josh Constine / TechCrunch:
Facebook expands Messenger Lite to 130+ more countries, including Vietnam, Nigeria, and Peru
Ron Amadeo / Ars Technica:
Google debuts Google Assistant SDK in preview, letting developers run Assistant on their own hardware
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
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