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April 27, 2017, 5:55 PM
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Top News

Jason Del Rey / Recode:
Sources: Apple in talks to introduce person-to-person payment service, which may be announced later this year, and plans to offer prepaid Visa debit cards  —  Could the money-transfer service be called Apple Cash, perhaps?  —  Apple's on-again, off-again flirtation with building its own money-transfer service appears to be back on.
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 …
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.
Biz Carson / Business Insider:
Memo: Anthony Levandowski to step aside from leading Uber's self-driving group during Waymo lawsuit, will remain at the firm, to be replaced by Eric Meyhofer  —  Anthony Levandowski, the head of Uber's self-driving group, is stepping aside in face of accusations of theft from his former employer, Waymo.
Alphabet Investor Relations:
Alphabet reports strong Q1 results with $24.75B revenue, up 21.6% YoY, and $6.57B in profit; Other Bets lost $802M on $166M in revenue; stock up 4%+  —  Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended March 31, 2017.
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  —  REDMOND, Wash. — April 27, 2017 — Microsoft Corp. today announced the following results for the quarter ended March 31, 2017:
Ron Amadeo / Ars Technica:
Google debuts Google Assistant SDK in preview, letting developers run Assistant on their own hardware  —  Build your own Google Home out of whatever you want.  —  Today Google is launching yet another Google Assistant feature: The Google Assistant SDK.  This will allow developers to run …
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 …
Chris Morris / CNBC:
Nintendo has sold 2.74M Switch units since it went on sale in March, more than Wii U sold in its first year, and 2.76M copies of Zelda: Breath of the Wild  —  - Those sales figures are 20 percent of what the last console — the Wii U — has sold in four and a half years.  —  Nintendo's back in the game.
Bloomberg:
Jimmy Iovine says Apple will introduce a new version of Apple Music that better showcases video alongside the next version of iOS  —  The company wants to turn its music app into a one-stop shop for pop culture.  —  Subscribe Reprints  —  Will.i.am was shopping a reality show to TV networks …
Barak Turovsky / Official Google India Blog:
Google brings neural machine translation to nine Indian languages in Chrome desktop and Google Translate apps, adds support for 22 Indian languages in Gboard

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From Mediagazer

Joe Flint / Wall Street Journal:
Sources: David Ellison has asked CNN CEO Mark Thompson to stay on after the WBD acquisition closes; Thompson's current deal extends into 2027

Wall Street Journal:
Sources: Disney plans a TV restructuring that is expected to result in more layoffs and consolidation of divisions as it pivots from linear TV toward streaming

Charlotte Tobitt / Press Gazette:
A US judge dismisses Penske Media's lawsuit against Google over traffic and revenue loss due to AI Overviews since Google never promised any traffic to Penske

More News

Siddharth Parwatay / Digit:
Acer announces range of new devices including Predator Triton 700 ultra-thin gaming laptop, Switch 2-in-1 detachables with liquid cooling, more

Earlier Picks

Jon Brodkin / Ars Technica:
FCC Chairman Ajit Pai outlines plan to roll back Title II net neutrality rules, plans to release full proposal on April 27 for FCC vote on May 18
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