Good morning! Here is the tech news you need to know this Thursday.
1. Facebook grew its revenue by 49% during the first three months of the year. It smashed Wall Street’s revenue and profit targets on the back of strong mobile ad growth.
2. WhatsApp went down all over the world for several hours on Wednesday. A spokesperson told Business Insider the outage was caused by WhatsApp itself, rather than by an “external source.”
3. Tesla reported a wider-than-expected loss for the first quarter. It said its highly anticipated Model 3 remains on track for initial production in July.
4. Google accused Uber of creating a fake, shell company with its former engineer to steal its tech. The bombshell claim turns up the heat in what has become Silicon Valley’s most high-profile legal battle in years.
5. Tesla CEO Elon Musk said that Apple doesn’t want to work with his automotive company on a car. “I don’t think they want to have that conversation,” Musk said.
6. Google exec Prabhakar Raghavansaid said Microsoft’s new Chromebook-rival laptops are “a validation of our approach”. He made his comments at the Google Cloud Next conference in London.
7. The relaunched Nokia 3310 will reportedly go on sale in the UK in June. The exact price has not been confirmed by Nokia but it should be somewhere between £40 and £60.
8. Wall Street analysts remain bullish about Apple even though it missed analyst expectations and the company’s iPhone sales cooled off. We rounded up their notes to investors.
9. Tesla expects to launch the Model Y by 2020. The Model Y will be an electric SUV that will go head-to-head with cars manufactured by the likes of Volvo and Audi.
10. Apple CEO Tim Cook said the Apple Watch helped him lose 30 pounds. Apple is keen to emphasise the health and fitness aspects of its wearable gadget.
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