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10 things in tech you need to know today
Good morning! Here's the tech news you need to know going into the weekend.
1. Google reported slight misses on its Q1 earnings, but stock was up 4% in after hours trading. Revenue was $17.26 billion versus an expected figure of $17.5 billion.
2. Amazon beat analyst expectations for its Q1 earnings. Stock was up 5% in after hours trading. The company also revealed it has a profitable, $6 billion business in Amazon Web Services.
3. Microsoft also beat analyst expectations for its earnings call. It brought in $21.73 billion in revenue, versus an expected $21.06 billion.
4. Comcast has dropped its bid to buy Time Warner Cable. It expected that regulators would have killed the deal.
5. The first Apple Watch orders are being delivered today. It also goes on sale in a handful of boutique stores — but people can't line up in Apple Stores to buy it.
6. Kleiner Perkins will seek nearly $1 million in costs from Ellen Pao if she appeals the verdict in her gender discrimination trial. It has said that it will not seek costs if she does not appeal.
7. The EU is considering creating a new regulator to focus on internet companies. The new body would mainly focus on US internet companies.
8. Xiaomi launched a new $205 phone. The Mi 4i was announced at an event in India.
9. Apple has patented a new kind of direction system that makes it sound like a human is giving navigation instructions. It uses landmarks instead of compass directions and distances.
10. A developer who was invited inside Apple's secret watch lab pre-launch explains what it was like. There were security guards everywhere, and if you wanted to leave the room you had to hold up your wrists to prove you weren't wearing the Apple Watch.
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