May 3, 2017, 10:25 PM

Top News

Facebook posts Q1 revenue of $8.03B, up 49% YoY, as DAUs reach 1.28B, up 18% YoY, and MAUs reach 1.94B, up 17% YoY  —  Facebook, Inc. (NASDAQ: FB) today reported financial results for the quarter ended March 31, 2017.  —  “We had a good start to 2017,” said Mark Zuckerberg, Facebook founder and CEO.
Elizabeth Gurdus / CNBC:
Tim Cook says Apple will start $1B fund to promote advanced manufacturing jobs in US and announce the first investment later this month  —  Apple CEO Tim Cook said that his company will start a $1 billion fund to promote advanced manufacturing jobs in the United States.  —  “We're announcing it today.
Source: Qualcomm plans to ask the International Trade Commission to halt iPhone imports from Asia into the US as part of ongoing patent dispute  —  Appeal to trade agency could pressure Apple in legal fight  —  ITC has authority to halt product shipments into U.S. market
Ina Fried / Axios:
Judge says Waymo has yet to offer “smoking gun” that Uber knew of stolen docs after Waymo said Levandowski made deal with Uber, took 9.7GB data  —  Lawyers for Google's former self-driving car unit showed internal Uber emails Wednesday that it says bolster its case …
Mark Zuckerberg:
Facebook to add 3,000 people to its community operations team to review reports of inappropriate content, after several high-profile violent video incidents  —  Over the last few weeks, we've seen people hurting themselves and others on Facebook — either live or in video posted later.
Adi Robertson / The Verge:
Google says it has disabled the accounts responsible for the widespread phishing email that mimicked Google Docs' design  —  If someone invites you to edit a file in Google Docs today, don't open it — it may be spam from a phishing scheme that's been spreading quickly this afternoon.
Tom Warren / The Verge:
WhatsApp service restored after two-hour outage  —  It's been a bit of a rough day if you enjoy using the internet.  Google Docs experienced a widespread phishing attack, sending the internet into panic.  Now WhatsApp has been down for more than an hour, and users of the popular Facebook …
Ben Thompson / Stratechery:
Ubiquity of WeChat in China means Apple cannot differentiate iPhones with iOS as it does elsewhere, hurting sales and putting pressure on new hardware releases  —  Did you hear about the new Microsoft Surface Laptop?  The usual suspects are claiming it's a MacBook competitor, which is true insomuch as it is a laptop.
Anita Balakrishnan / CNBC:

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