Techmeme
October 27, 2023, 8:35 AM

Top News

Amazon:
Amazon reports Q3 revenue up 13% YoY to $143.1B, net income up 244% to $9.9B, operating income up 343% to $11.2B, and subscription revenue up 14% to $10.2B  —  Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its third quarter ended September 30, 2023.
Annie Palmer / CNBC:
Amazon Q3: ad services revenue up 26% YoY to $12.1B, vs. $11.6B est., North American sales up 11% YoY to $87.9B, and International sales up 16% YoY to $32.1B  —  - Amazon blew past analyst expectations for revenue and earnings in the third quarter.  — Revenue climbed 13% in the third quarter …
Jordan Novet / CNBC:
Ionut Ilascu / BleepingComputer:
Microsoft publishes a profile of Octo Tempest, a “dangerous” hacking group targeting organizations across tech, gaming, financial services, and other sectors  —  Microsoft has published a detailed profile of a native English-speaking threat actor with advanced social engineering capabilities …
Financial Times:
In a testimony without the jury present, SBF says he followed the counsel of lawyers to make critical decisions around passing FTX customer money to Alameda  —  Former crypto billionaire blames lawyers as court hears first snippets of testimony without jury present
Bloomberg:
Kyle Wiggers / TechCrunch:
OpenAI forms Preparedness, a new team to assess, evaluate, and probe AI models to protect against “catastrophic risks”, including biological and nuclear threats  —  OpenAI today announced that it's created a new team to assess, evaluate and probe AI models to protect against what it describes as “catastrophic risks.”
Kirsten Korosec / TechCrunch:
Cruise pauses all driverless operations two days after the California DMV suspended its permits, but will continue operating supervised autonomous vehicles  —  Cruise said Thursday evening it has paused all driverless operations, a decision that comes just two days after the California Department …
Tom Warren / The Verge:
Microsoft reorganizes its Xbox teams, promoting Matt Booty to game content president and Sarah Bond to Xbox president; CMO Chris Capossela leaves after 32 years  —  Microsoft is reorganizing its Xbox gaming and marketing leadership, less than two weeks after acquiring Activision Blizzard.
Casey Hall / Reuters:
Documents: Shein and PDD's Temu file joint declarations in the US to end their legal fights, asking judges to dismiss the cases “without prejudice”  —  Fierce rivals Shein and PDD Holdings-owned (PDD.O) Temu have applied to end their legal fights with each other in the U.S. …
More: Tech in Asia
Chavi Mehta / Reuters:
Intel reports Q3 revenue down 8% YoY to $14.2B, Data Center and AI Group revenue down 10% YoY to $3.8B, and forecasts Q4 revenue above estimates; INTC jumps 5%+  —  Intel (INTC.O) forecast fourth-quarter revenue above Wall Street estimates on Thursday, optimistic of a healthy rebound …

Sponsor Posts

Meta:
Open Source AI: Available to all, not just the few  —  Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Zoho:
CIO challenge 5: Can we find an effective solution that also minimizes operational costs?  —  Welcome to the next and final installment of our CIO series!  After what feels like a thousand cups of coffee …
Hamming:
Make AI Voice Agents trustworthy  —  Hamming AI automatically tests AI voice agents and continuously monitors them in production.
Techmeme Ride Home:
Tue. 11/19 - Microsoft Ignite
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 8:35 AM ET, October 27, 2023.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Bloomberg:
Ben Schoon / 9to5Google:
Hayden Field / CNBC:
Dan Primack / Axios:
Andrew Tarantola / Engadget:

Earlier Picks

CNBC:
Wall Street Journal:
Aisha Malik / TechCrunch:
Jon Porter / The Verge:
Sarah Fielding / Engadget:
Stephanie Barnes / Engadget:
Victoria Song / The Verge: