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October 27, 2023, 8:35 AM
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| 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.
More: Wall Street Journal, TechRadar, FinTech Futures, MBI Deep Dives, Thurrott, The Information, GeekWire, Financial Times, Android Central, Shacknews, MarketWatch, Wall Street Journal, and Bloomberg
| 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: |
More: CIO.com, Seeking Alpha, Business Post, and Bloomberg
Bluesky: @glinden.bsky.social. X: @munster_gene, @zerohedge, @sarbjeetjohal, @borrowed_ideas, @munster_gene, @sarbjeetjohal, @quinnypig, @garyblack00, @quinnypig, and @quinnypig
| 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 …
More: Microsoft Security Blog, Silicon Republic, Cybernews.com, SiliconANGLE, and Dark Reading
Mastodon: @campuscodi@mastodon.social and @eric_capuano@infosec.exchange
X: @itsreallynick, @msftsecintel, @sixdub, @spfcyberlaw, @jdallman, @itsreallynick, @ericgeller, and @virusbtn. Forums: r/InfoSecNews
| 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
More: Slate, Reuters, Axios, Reuters, Bloomberg, CoinDesk, Cryptopolitan, DL News, Crypto Daily, Business Today, Blockonomi, Tech in Asia, TIME, Tech Xplore, Wall Street Journal, The Verge, Matthew Russell Lee's …, Insider, Washington Post, Barron's Online, Associated Press, Fast Company, The Daily Beast, Fortune, The Information, TechCrunch, Gizmodo, Cointelegraph, Bitcoin Insider, Bitcoin News, PYMNTS.com, Watcher Guru, BBC, and New York Times
X: @autismcapital, @petebrush, @eriqgardner, @tiffanyfong_, @autismcapital, @caspiancey, @cryptadamist, @innercitypress, @bitmexresearch, @dylanleclair_, @eleanorterrett, @ashbennington, @awice, @ddiamond, @silvermanjacob, @nikhileshde, @jacqmelinek, @jonathanreidr, @katiebakes, @lex_node, @innercitypress, @cuntycakes123, @leahlibresco, @janesports, @innercitypress, @edgefills, @poordart, @adamscochran, @molly0xfff, @jespow, @theklineventure, @leomschwartz, @spreekaway, @coinbureau, @jacqmelinek, @jackfarley96, @bendwalsh, @iamnomad, @nikhileshde, @innercitypress, @innercitypress, @zguz, @bitmexresearch, @visionaryreaper, @jayshams, @innercitypress, @molly0xfff, @ryansadams, @zackdabrams, and @davidzmorris
| Bloomberg: |
More: Cointelegraph, Bitcoin Insider, Coinpedia Fintech News, The Crypto Basic, CoinGape, Rolling Stone, New York Times, The Guardian, Wall Street Journal, New York Post, TechCrunch, and Reuters
X: @innercitypress, @innercitypress, @innercitypress, @adamscochran, @dawn_kopecki, @technology, @leomschwartz, @autismcapital, @autismcapital, @autismcapital, @mikeburgersburg, @watcherguru, @autismcapital, @autismcapital, @leomschwartz, @allnick, @autismcapital, @leomschwartz, @inkbacker, @adamscochran, @adamscochran, @autismcapital, @silvermanjacob, @mikeburgersburg, @adamscochran, @autismcapital, and @innercitypress
Forums: r/Buttcoin and r/ethtrader
| 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.”
More: OpenAI, PCMag, Cointelegraph, CryptoSlate, Metaverse Post, Analytics India Magazine, The Hill, Search Engine Journal, Baseline, MSPoweruser, Bloomberg, and The Verge
Bluesky: @maggy.kia.net. X: @sama, @shishirshelke1, @ishanagarwal24, @savagearyan007, @amreliaruhez, @sama, @gdb, @openai, @janleike, and @durreadan01. Forums: r/technews
| 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 …
More: The Verge, Financial Times, New York Times, CNBC, Reuters, Wired, Engadget, Forbes, and The Last Driver License Holder
Mastodon: @carnage4life@mas.to. X: @cruise, @cruise, @cruise, @binarybits, @binarybits, @paigeforaustin, @davidzipper, @paulmarks12, and @johnwilson. Forums: r/sanfrancisco
| 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.
More: The Verge, The Official Microsoft Blog, GamesIndustry.biz, Thurrott, Gamereactor UK, Thurrott, Gameranx, PC Games Insider, Pure Xbox, BGR, Seattle Business Journal, PC Gamer, GameSpot, TweakTown, Neowin, IGN, Dot Esports, Game Rant, Game Developer, The Information, and GeekWire
Threads: @tomwarrenuk and @tomwarrenuk
X: @chriscapossela, @chriscapossela, @chriscapossela, @charlieintel, @bondsarah_bond, @klobrille, @caro_milanesi, @omarshaya, @tomwarren, @tomwarren, and @taylor_soper
Forums: r/xbox, r/XboxSeriesX, r/TwoBestFriendsPlay, r/kindafunny, r/Games, r/pcgaming, and Beehaw
| Evelyn Cheng / CNBC: |
Huawei reports Q3 revenue up 1% YoY to ~$19.9B, revenue for Q1 to Q3 2023 up 2.4% YoY to ~$62.3B, and a 16% profit margin in Q1 to Q3, up from 15% in H1 2023 — - Chinese tech giant Huawei reported revenue figures Friday that showed only a 1% increase in the third quarter from a year ago, according to CNBC calculations.| Mia Sato / The Verge: |
Businesses are using SEO-driven names like Thai Food Near Me and Dentist Near Me to optimize for Google Search, but the scheme is likely technically ineffective — Thai Food Near Me, Dentist Near Me, Notary Near Me, Plumber Near Me — businesses across the country picked names meant to outsmart Google Search.
X: @lorenzojuniah, @megangra, and @gpanger
| Manish Singh / TechCrunch: |
Filing: Tata Group acquires the India unit of Apple manufacturer Wistron for $125M; an Indian IT minister says Tata will make iPhones for the global market — Tata Group will start making iPhones in India for the local and global markets, India's Deputy IT Minister Rajeev Chandrasekhar said on Friday … | 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
| Supantha Mukherjee / Reuters: |
The UN creates a 39-member body, including tech executives, government officials, and academics, to examine issues in the international governance of AI — The United Nations Secretary-General António Guterres on Thursday announced the creation of a 39-member advisory body to address issues … | 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 … | David Gilbert / Wired: |
Some TikTok creators are running “Israel vs. Palestine live matches”, where the side with the most gifts from followers wins; TikTok takes a 50% cut of earnings — TikTokkers are using a little-known livestreaming feature to falsely represent Israelis and Palestinians … Sponsor Posts
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The Logan Bartlett Show:
EP 109: Sebastian Siemiatkowski (CEO, Klarna) on the Future of Klarna, Valuation Changes and AI in Finance
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