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Techmeme
April 28, 2017, 10:30 AM
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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:
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
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:
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
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:
Amazon posts Q1 revenue of $35.71B, up 23% YoY, as operating income declines 6% YoY to $1B
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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About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:30 AM 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

Gary Baum / The Hollywood Reporter:
A look at the first “case” brought before Objection, which aims to use AI to evaluate news stories, and a Q&A with Objection's founder; the site is now dark

Daniel Arkin / NBC News:
Gene Shalit, a longtime film critic for NBC's Today who was with the show from 1970 until his retirement in 2010, dies at 100

Aidan Ryan / The Boston Globe:
A look at an AI-reliant news site for 19 towns south of Boston, which uses public meeting transcripts and LLMs to produce stories and has 350 paid subscribers

More News

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

Earlier Picks

Ron Amadeo / Ars Technica:
Google debuts Google Assistant SDK in preview, letting developers run Assistant on their own hardware
Bloomberg:
Jimmy Iovine says Apple will introduce a new version of Apple Music that better showcases video alongside the next version of iOS
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