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
Microsoft :
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
14x more than on self-driving cars, fiber, nest, etc etc etc. Poor Other Bets! Jessica Guynn / @jguynn : Google CEO Sundar Pichai: Really happy with how we are transitioning to an AI-first company. Go...
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.
Qualcomm lowers revenue and profit forecasts for the current quarter as Apple withholds royalty payments until the legal dispute between companies is resolved
Qualcomm Inc said on Friday Apple Inc will not pay royalties to its contract manufacturers, that are owed to the chipmaker, for sales made in the first quarter of 2017.
Amazon posts Q1 revenue of $35.71B, up 23% YoY, as operating income declines 6% YoY to $1B
Amazon.com :
Microsoft's Surface revenues lower than expected due to both lack of product refresh and competition from its OEM partners
Microsoft's Surface revenues came in lower than expected in the company's third fiscal 2017 quarter due to both lack of product refresh and competition from the company's PC-maker partners.
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 …
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.
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.
Cloudflare announces Orbit, a security solution for IoT devices
The Internet of Things security crisis continues apace. New botnets crop up to conscript routers and security cameras, hackers exploit medical devices to compromise entire hospital networks, and smar...
Didi Chuxing raises $5.5B to expand beyond China; the round is the largest ever for a tech company and makes Didi 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
Google's non-advertising business, categorized as “Other Revenue”, posted a 49.4% jump to $3.1B, representing 13% of total revenue
Alphabet Inc's non-advertising business, which houses its cloud unit, Pixel smartphones and the Play store, has long been sandwiched between …
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
and Misleading Trump's Base Ted Johnson / Variety : FCC Chairman's Net Neutrality Proposal Questions Need for Any Rules at All David Shepardson / Reuters : U.S. FCC Chief Unveils Plan to Scrap Obama-E...
Government requests for Facebook user account data up 9% in second half of 2016, but content restrictions declined
Facebook today released its latest report on global government requests for the second half of 2016, noting there has been a 9 percent increase in requests for user account data compared …
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.
Cloudera opens up 20%+ on its first day of trading, after raising $225M in its IPO
Cloudera Inc. held its IPO today on the New York Stock Exchange. The company and its underwriters settled on an IPO price of $15, pricing above expectations of $12-$14.
Facebook updates Rights Manager tool to let creators claim ad earnings on copyright-infringing videos posted by others
Facebook finally has a better solution to freebooting — the common practice of stealing video and uploading it to one's Facebook Page to reap the engagement and audience growth.
Nintendo says Genyo Takeda will step down as director in June after 46 years at the company
Tom Regan / Engadget :
Sony sold 20M PS4 consoles in year ending March 31 as its gaming revenue was up 6.3% YoY to $14.7B; the mobile division saw revenue drop 32.7% YoY to $6.8B
Nick Summers / Engadget :
Google debuts Google Assistant SDK in preview, letting developers run Assistant on their own hardware
Ron Amadeo / Ars Technica :
Facebook expands Messenger Lite to 130+ more countries, including Vietnam, Nigeria, and Peru
Josh Constine / TechCrunch :
Facebook identifies efforts to falsely amplify content and sentiment using fake accounts, as seen in US election, improves detection using patterns of activity
here's how Nina Godlewski / International Business Times : Facebook Security Report: Social Media Site Unveils Plan For Fighting Fake News, Addressing Other Concerns Brian Feldman / New York Magazine ...
Creator of Google News describes traits of story clusters and their sharing patterns that can be used by algorithms and humans to flag them as fake
Fast enough to empower humans to take action — Last November, a friend told me about his extended family of Filipino-Americans in the Fresno area. See also Mediagazer
Google opens up Classroom, its learning suite, to anyone with a Google account, expanding it beyond G Suite users
Darrell Etherington / TechCrunch :
GoPro reports Q1 revenues of $218.6M, up 19% YoY, beating analyst estimates, but losses widen to $111.15M compared to $107.46M a year ago
Q1 revenue of $218.6M was up 19.1% Y/Y … Newsmax : GoPro Declines Despite Sales That Beat Lowered Estimates Tomi Kilgore / MarketWatch : GoPro's stock jumps after results, outlook beat expectations La...
Intel reports Q1 revenue of $14.8B, up 7% YoY, profit of $3.2B, up 22%, stresses strong performance of memory-chip business
Stephanie Condon / ZDNet :
After raising $225M in its IPO, online used car retailer Carvana opens down 10%+ on its first day of trading
Diptendu Lahiri / Reuters :
David Foster, Google's vice president of hardware product development, leaves the company, having been hired away from Amazon in 2016
Mark Bergen / Bloomberg :
UiPath raises $30M Series A led by Accel to help enterprises automate repetitive tasks with software robots
Ingrid Lunden / TechCrunch :
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