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Canalys: 5 mins ago
Canalys: Q1 2018 smartphone shipments in China see biggest decline ever, down 21%+ YoY; Huawei, Oppo, Vivo, and Xiaomi accounted for 73%+ of shipments
Laura Noonan / Financial Times: 20 mins ago
Spain's BBVA becomes first global bank to issue a loan using blockchain; BBVA says the process cut negotiation time for €75M corporate loan from “days to hours”
Reuters: 45 mins ago
Sources: T-Mobile and Sprint have made progress in negotiating merger terms and are aiming to successfully complete deal talks as early as next week
Jason Booth / China Money Network: 60 mins ago
Baidu plans to dispose of majority stake in financial service biz that operates Baidu Wallet as Q1 revenues grow 31% YoY to $3.3B, profits up 128% YoY to $728M
Tom Krazit / GeekWire: 79 mins ago
Microsoft's Intelligent Cloud reports $7.9B in Q3 revenue, up 17% YoY, and $2.65B in profit, up 24% YoY, driven by YoY Azure revenue growth of 93%
Jason Del Rey / Recode: 85 mins ago
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
Kurt Schlosser / GeekWire: 88 mins ago
Amazon and the NFL will once again partner to stream Thursday Night Football, with Amazon Prime Video streaming 11 games during the 2018 and 2019 seasons
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Top Items
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
RELATED:
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
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
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
Casey Newton / The Verge:
Snap unveils next gen Spectacles with water resistance and improved transfer speed, available today from $150 with prescription and polarized lens options
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
Ruhi Sarikaya / Amazon Developer Services:
Amazon details upcoming Alexa features: discovering skills via natural language, storing/retrieving arbitrary info, follow-up questions without “Alexa” prompt
Fred Lambert / Electrek:
Intel hires Jim Keller, Tesla's key chip designer and head of Autopilot, as an SVP to lead silicon engineering
Tom Warren / The Verge:
iTunes now available from the Microsoft Store for Windows 10, nearly a year after Microsoft announced it would be coming to the store before the end of 2017
Damian Collins / UK Parliament:
Disappointed with answers from Facebook's CTO at a parliamentary inquiry, MPs consider using summons power to force Zuckerberg to testify if he enters the UK
Hollywood Reporter:
MoviePass hasn't offered a $10/mo for 1 movie/day plan to new subscribers since April 13, offering 4 movies/mo and 3 months of iHeartRadio All Access instead
Sam Byford / The Verge:
Nintendo reports operating profit of $1.62B, up 505% YoY, on strong Switch sales of 15M units in the year ending March, and names Shuntaro Furukawa as president
Natalie Gagliordi / ZDNet:
Intel reports Q1 revenue of $16.1B, up 13% YoY, client computing group revenue of $8.2B, up 3% YoY, data center unit revenue of $5.2B, up 24% YoY; stock up ~7%+
Arielle Pardes / Wired:
Pinterest aims to make discovery more inclusive with a new beta feature that lets people narrow beauty search results by skin tone range
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