Techmeme
April 27, 2018, 11:20 AM

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 7%+ after hours  —  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 …
Jason Del Rey / Recode:
Amazon to raise the price of Prime from $99 to $119 in the US, the first increase in 4 years, going into effect for new subs on May 11 and existing subs in June  —  The increase is effective for new customers starting May 11.  —  Amazon is increasing the price of its Prime membership …
Cyrus Farivar / Ars Technica:
Suspected Golden State Killer caught by searching open source genealogy website GEDmatch for the genetic profile of the DNA from crime scenes  —  “No court order was needed to access that site's large database of genetic blueprints.”  —  To get a leg up in the investigation in the cold case of the …
Rene Ritchie / iMore:
Apple to stop production of AirPort Express, Extreme, and Time Capsule Wi-Fi base stations, which were last updated in 2013, but will sell while stock lasts  —  AirPort Express, AirPort Extreme, and AirPort Time Capsule will continue to be sold while supplies last but then Apple is done with the router business... at least for now.
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 …
Matthew Green / A Few Thoughts …:
Cryptographer's doubts about Ozzie's CLEAR key-escrow system: securing private keys at OEMs and disabling a phone once law enforcement accesses it are hard  —  Yesterday I happened upon a Wired piece by Steven Levy that covers Ray Ozzie's proposal for “CLEAR”.
Ingrid Lunden / TechCrunch:
Amazon has launched a portal offering home security services including installations, with no monthly service contracts, in five price tiers from $240 to $840  —  Amazon's made a slew of acquisitions in the area of smart home services, and now it's offering a product that brings them together under one roof — your roof.
More: Engadget and PYMNTS.com
Canalys:
Canalys: Q1 2018 smartphone shipments in China see biggest decline ever, down 21%+ YoY; Huawei, Oppo, Vivo, and Xiaomi accounted for 73%+ of shipments  —  Palo Alto, Shanghai, Singapore and Reading (UK) - Thursday, 26 April 2018  —  Smartphone shipments in China suffered their biggest ever decline …
Anita Balakrishnan / CNBC:
Square acquires website builder Weebly in $365M cash and stock deal, says it will give small business customers a way to easily build sites and online stores  —  - Square announced an agreement on Thursday to buy website-building company Weebly for $365 million.
Paul Sawers / VentureBeat:
France's BlaBlaCar buys urban carpooling app Less, the eighth acquisition by the ride-sharing giant that has 60M users across 22 countries  —  French ride-sharing giant BlaBlaCar has acquired Less, a Paris-headquartered carpooling app that launched in beta just four months ago.
More: TechCrunch
Fred Lambert / Electrek:

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More News

Frederic Lardinois / TechCrunch:
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Earlier Picks

Bloomberg:
Damian Collins / UK Parliament:
Ruhi Sarikaya / Amazon Developer Services:
Sam Byford / The Verge: