Amazon's Earnings and Other News You Need to Know

Welcome to this morning's edition of "First To Know," a series in which we keep you in the know on what's happening in the digital world.

Today, we're looking at three particularly interesting storiesAmazon announced its first quarter earnings Thursday. The company reported $16.07 billion in revenue and earned $0.18 per share. Apple’s Worldwide Developer Conference sold out again this year — this time, in just two minutes. And Twitter is said to be working on local discovery features — that’s tweets from the people close by, even if you don’t follow them.

Check out the video above for more on these stories. Read more...