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Techmeme
April 28, 2017, 3:00 PM
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Top News

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.
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.
Charlie Savage / New York Times:
Sources: NSA is stopping warrantless surveillance program in which it collects Americans' emails and texts to and from people overseas  —  WASHINGTON — The National Security Agency is stopping one of the most disputed forms of its warrantless surveillance program in which it collects Americans' emails …
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.
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
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 …
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
CB Insights:Didi Chuxing
Amazon.com:
Amazon posts Q1 revenue of $35.71B, up 23% YoY, as operating income declines 6% YoY to $1B

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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

Lucas Shaw / Bloomberg:
Sources: YouTube has inquired about buying the rights to the Oscars; the show will air on ABC through at least 2028

Ben Fritz / Wall Street Journal:
After tax incentives boosted growth, Georgia's film industry is declining due to rising costs; source: Marvel is making most of its upcoming content in the UK

Matthew Belloni / @mattbelloni:
Sources: Stranger Things creators the Duffer brothers are leaving Netflix for Paramount; the deciding factor was Paramount's support for theatrical releases

More News

Earlier Picks

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
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
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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