Posts

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" (Laura Noonan/Financial Times)

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 (Reuters)

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 (Jason Booth/China Money Network)

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% (Tom Krazit/GeekWire)

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 (Jason Del Rey/Recode)

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 (Kurt Schlosser/GeekWire)

Microsoft Q3: Surface revenue up 32% YoY; Xbox software and services up 24% YoY with active users up 13% YoY to 59M; LinkedIn brought in $1.3B, up 37% YoY (Tom Warren/The Verge)

Apple is discontinuing production of its AirPort Express, AirPort Extreme, and AirPort Time Capsule Wi-Fi routers, will continue to sell them while stock lasts (Rene Ritchie/iMore)

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 (Tom Warren/The Verge)

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%+ (Natalie Gagliordi/ZDNet)

AWS accounted for ~11% of Amazon's Q1 revenue at $5.44B, up 49% YoY, vs. $5.26B est., with $1.4B in operating income, or 73% of Amazon's total operating income (Jordan Novet/CNBC)

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 (Microsoft Investor Relations)

Square to acquire website-building service Weebly for $365M in a cash and stock deal (Anita Balakrishnan/CNBC)