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Techmeme
April 26, 2018, 5:40 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 6%+  —  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 for the trailing twelve months …
Jordan Novet / CNBC:
AWS accounted for ~11% of Amazon's Q1 revenue at $5.44B, up 49% YoY, vs. $5.26B est., with $1.4B in operating income, or 73% of Amazon's total operating income  —  Amazon's cloud business exceeded analyst estimates, with revenue climbing 49 percent in the first quarter.
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 …
Casey Newton / The Verge:
Snap launches slimmer Spectacles 2.0 with water resistance and faster pic and video transfer times, available at Spectacles.com for $150, $20 more than before  —  They're slimmer, they take photos, and you can take them in the pool.  But will you?  —  Snap today released the next generation …
Lucia Moses / Digiday:
Snap says it will begin testing six-second non-skippable ads in select Snapchat Shows beginning May 15
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 an SVP to lead silicon engineering  —  Legendary chip architect Jim Keller has seen an increasingly important role at Tesla since he joined the company in 2015.  —  He most recently took over the responsibilities …
Sam Byford / The Verge:
Nintendo reports operating profit of $1.62B, up 505% YoY, on strong Switch sales of 15M units in the year ending March, and names Shuntaro Furukawa as president  —  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.
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  —  BEIJING — China's vibrant technology scene is searching for people like Shen Yue.
Shara Tibken / CNET:
Samsung reports $14.4B profit in Q1 driven by memory chips demand, up 58% YoY, but warns of profit decline in Q2 due to “stagnant sales” of its flagship phones

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From Mediagazer

Bloomberg:
Sources: Paramount has offered three-year agreements to AMC and Regal to release 30 movies a year exclusively in cinemas for at least 45 days if it acquires WBD

Andrew Zucker / The Hollywood Reporter:
Popular creators are increasingly hiring remote video editors from countries like India and the Philippines, paying anywhere from $30/hour to $100K+ full-time

Todd Spangler / Variety:
Trump names Danielle Thumann, an adviser to FCC Chairman Brendan Carr, to serve as an FCC commissioner; if confirmed, she'd bring the Republican majority to 3-1

More News

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
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

Earlier Picks

Kif Leswing / Business Insider:
Facebook and Microsoft confirm plans to update their gun emoji designs to be more in line with Apple, Samsung, and Google; Microsoft shares water gun design
Andy Greenberg / Wired:
Researchers find flaw in Vingcard's Vision locks, used in 140K hotels in 160 counties, that lets them make a master key using an old key card and a $300 reader
Mat Honan / BuzzFeed:
Amazon launches a $79 Echo Dot Kids Edition with kid-friendly Alexa and one year of FreeTime Unlimited, a bundle of curated content with a Parent Dashboard
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