News bites: Apple to return $100 billion to shareholders

Apple's profit declined, and the company announced that it will spend $100 billion on stock buybacks and a higher dividend, The New York Times explains.

TV streaming service Aereo will launch in Boston on May 15, and CBS has already threatened a new lawsuit, The Verge reports. 

A Huawei executive said the Chinese telecom company is "not interested in the U.S. market anymore," Ars Technica writes. 

Twitter is already working on a two-step security authentication system after numerous hacking incidents, according to Wired

A New York Supreme Court justice dismissed a lawsuit challenging taxi hailing apps, The New York Times reports.