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The 10 most important things in the world right now

China Chinese Tightrope
China Chinese Tightrope

REUTERS

Hello! Here's what you need to know on Friday.

1. Amazon beat its first-quarter earnings projections across the board, and the stock went up 12% in after-hours trading.

2. The US Senate confirmed President Barack Obama's nominee for ambassador to Mexico on Thursday after a 10-month wait. Obama nominated career diplomat Roberta Jacobson for the Mexico City post in June.

3. ISIS is now running car dealerships and fish farms, making up for lost oil profits after its battlefield losses.

4. A labor protest in France turned violent and injured dozens of police officers. More than a hundred demonstrators were detained.

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5. China and Russia will increase joint military exercises to strengthen security and defence cooperation. The move comes amid growing tensions in the ­disputed South China Sea.

6. Amazon is declaring war on Netflix. Amazon plans to "significantly" increase its spending in video content, the company stressed in its earnings call Thursday.

7. Former US House Speaker John Boehner called presidential candidate Ted Cruz "Lucifer in the flesh" while speaking at Stanford University. "I have never worked with a more miserable son of a bitch in my life," Boehner said.

8. A giant Chinese media conglomerate has landed in Silicon Valley. LeEco just opened its new US headquarters with close to 300 employees in San Jose, California.

9. The Los Angeles Rams selected quarterback Jared Goff with the first pick of this year's NFL draft. Goff played college football at the University of California at Berkeley.

10. The former mayor of London has been suspended from the Labour Party over comments about Hitler. Ken Livingstone told BBC Radio Hitler "was supporting Zionism" in 1932 "before he went mad and ended up killing 6 million Jews."

And finally ...

The 'Rich Parents of Instagram' post photos of their private jets, Lamborghinis, and giant champagne bottles.

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