Amazon reports Q1 revenue up 7% YoY to $116.4B, $3.8B net loss vs. $8.1B net income in Q1 2021, and AWS revenue up 37% YoY; stock down 10%+ on weak Q2 guidance (Business Wire)

Business Wire: Amazon reports Q1 revenue up 7% YoY to $116.4B, $3.8B net loss vs. $8.1B net income in Q1 2021, and AWS revenue up 37% YoY; stock down 10%+ on weak Q2 guidance — SEATTLE—(BUSINESS WIRE)—Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its first quarter ended March 31, 2022.
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The Pentagon argues that a proposal from satellite company Ligado to meld satellite spectrum with a terrestrial 5G IoT network would interfere with GPS signals (Marguerite Reardon/CNET)

Marguerite Reardon / CNET: The Pentagon argues that a proposal from satellite company Ligado to meld satellite spectrum with a terrestrial 5G IoT network would interfere with GPS signals — Even as major players like Verizon and AT&T are rushing to roll out 5G, a little-known company is looking to build … https://bit.ly/2zFGmVA

Sources: the US is exploring whether it has legal authority to review Elon Musk's Twitter deal, which gives large foreign investors access to confidential data (Washington Post)

Washington Post: Sources: the US is exploring whether it has legal authority to review Elon Musk's Twitter deal, which gives large foreign investors access to confidential data — Terms of the deal give large foreign investors access to confidential information about the social media platform https://bit.ly/3TYS0ix

Apple confirms that the Bluetooth AAC codec used by AirPods Pro and AirPods Max does not support Apple Music's new lossless streaming (Juli Clover/MacRumors)

Juli Clover / MacRumors: Apple confirms that the Bluetooth AAC codec used by AirPods Pro and AirPods Max does not support Apple Music's new lossless streaming — Apple today announced that starting in June, Apple Music songs will be available to stream in Lossless and Hi-Resolution Lossless formats … https://bit.ly/3uYdrDT

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