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May 4, 2017, 8:10 AM
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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.
Bloomberg:
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
Facebook:
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.
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.
Biz Carson / Business Insider:
A look at the history, allegations, and tech in Waymo's lawsuit against Uber as the companies head to trial  —  “This is not your garden variety trade secrets case.  This is a case that involves what potentially may be the most lucrative business in history, and Google is trying to keep its main competitor on the sidelines."
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 …
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.

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From Mediagazer

Lucia Moses / Business Insider:
WaPo opinion editor Adam O'Neal says he's stepping down after a year in the role; his hiring was part of a push to promote “personal liberties and free markets”

Matt Stout / The Boston Globe:
The Massachusetts Senate passes an amendment that would in many instances bar judges, grand juries, and others from forcing reporters to identify their sources

Wall Street Journal:
UMG shares fall 25%, the record company's worst day since its 2021 IPO, following disappointing Q2 results; UMG is down 40%+ over the past 12 months

More News

Earlier Picks

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
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