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October 27, 2023, 6:20 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: TechRadar, Wall Street Journal, FinTech Futures, MBI Deep Dives, Thurrott, The Information, GeekWire, Financial Times, Android Central, Shacknews, MarketWatch, Constellation Research, 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: |
AWS Q3: sales up 12% YoY to $23.06B, vs. $23.2B est., operating income up 29% YoY to $6.98B, vs. $5.63B est., operating margin of 30.3%, the widest in two years — - Amazon Web Services widened its operating profit margin, delivering higher operating income than expected, but revenue came in a bit light.
More: CIO.com, Business Post, Seeking Alpha, and Bloomberg
Bluesky: @glinden.bsky.social. X: @munster_gene, @zerohedge, @sarbjeetjohal, @borrowed_ideas, @munster_gene, @sarbjeetjohal, @quinnypig, @garyblack00, @quinnypig, and @quinnypig
| 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: Reuters, Bloomberg, Reuters, Axios, CoinDesk, DL News, Crypto Daily, Cryptopolitan, Tech Xplore, Fortune, Fast Company, Business Today, Barron's Online, Blockonomi, Wall Street Journal, Tech in Asia, Washington Post, The Verge, Associated Press, Insider, The Daily Beast, Matthew Russell Lee's …, The Information, TechCrunch, Cointelegraph, Gizmodo, Bitcoin Insider, Bitcoin News, PYMNTS.com, Watcher Guru, BBC, and New York Times
X: @tiffanyfong_, @caspiancey, @dylanleclair_, @jacqmelinek, @jackfarley96, @ryansadams, @zackdabrams, @davidzmorris, @eriqgardner, @bendwalsh, @petebrush, @nikhileshde, @nikhileshde, @bitmexresearch, @leahlibresco, @spreekaway, @coinbureau, @bitmexresearch, @jayshams, @ddiamond, @poordart, @theklineventure, @iamnomad, @ashbennington, @janesports, @jespow, @zguz, @cryptadamist, @eleanorterrett, @awice, @katiebakes, @innercitypress, @cuntycakes123, @jacqmelinek, @innercitypress, @visionaryreaper, @innercitypress, @autismcapital, @autismcapital, @innercitypress, @silvermanjacob, @jonathanreidr, @lex_node, @innercitypress, @edgefills, @adamscochran, @molly0xfff, @leomschwartz, @innercitypress, and @molly0xfff
| Bloomberg: |
A recap of FTX co-founder Sam Bankman-Fried's testimony at his own criminal fraud trial in NYC over the collapse of his cryptocurrency exchange — Welcome to TOPLive. FTX co-founder Sam Bankman-Fried is taking the witness stand at his own fraud trial in New York over the collapse of the cryptocurrency exchange.
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
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Forums: r/Buttcoin and r/ethtrader
| 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: @spfcyberlaw, @ericgeller, @virusbtn, @itsreallynick, @msftsecintel, @sixdub, @jdallman, and @itsreallynick. Forums: r/InfoSecNews
| 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, Thurrott, PC Games Insider, Gamereactor UK, Gameranx, Pure Xbox, BGR, Seattle Business Journal, PC Gamer, GameSpot, TweakTown, Neowin, IGN, Dot Esports, Game Rant, Game Developer, VentureBeat, The Information, Kotaku, Windows Central, Wccftech, and GeekWire
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Forums: r/xbox, r/XboxSeriesX, r/TwoBestFriendsPlay, r/kindafunny, r/Games, r/pcgaming, and Beehaw
| 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, Metaverse Post, PCMag, Cointelegraph, Analytics India Magazine, The Hill, Search Engine Journal, Baseline, MSPoweruser, Bloomberg, and The Verge
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| 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: Engadget, Financial Times, New York Times, CNBC, Reuters, Wired, Forbes, and The Last Driver License Holder
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| 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: @megangra, @gpanger, and @lorenzojuniah
| 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 … | Wall Street Journal: |
X's tumultuous first year under Elon Musk: mobile DAUs down 16% from October 2022 to September 2023, app downloads fell after X rebrand, and investor markdowns — The platform struggles to attract users and advertisers, third-party data suggest, while Musk has voiced optimism
More: The Guardian, Axios, Ars Technica, Platformer, X Blog, TechCrunch, Washington Examiner, Financial Times, The i Paper, The Register, SlashGear, Newser, Social Media Today, Fortune, Gizmodo, Pocket-lint, and Bloomberg
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Mastodon: @blindcoder@toot.berlin and @mnutty@mastodon.ie
Bluesky: @bobmcdonaldwrites.com and @danilo.redeem-tomorrow.com
X: @lexnfx, @x, @nikitabier, @internethippo, @macroliter, @danprimack, @techcrunch, @teroterotero, @danprimack, and @wsj. Forums: Ars OpenForum
| Aisha Malik / TechCrunch: |
Google rolls out new Google Maps features, including updating search to more easily find things nearby and expanding Immersive View for Routes to 15 new cities — Google is adding a slew of new updates for Maps, including a few AI-powered features that are designed to make it easier for users to search …
More: The Keyword, The Verge, Hindustan Times, CNET, Livemint, Engadget, Droid Life, The Decoder, Cryptopolitan, International Business Times, Digital Trends, MySmartPrice, SamMobile, Times of Oman, PCMag, Android Headlines, SlashGear, Trusted Reviews, Lifewire, AppAdvice, Neowin, Android Authority, CNBC, and 9to5Google
| 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. … Sponsor Posts
Meta:
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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.
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Zoho:
5 common accounting mistakes — This is a guest post by Yaali Bizappln Solutions. A lot of businesses manage their customers and finances on separate platforms. This disconnect often leads to missed invoices …
5 common accounting mistakes — This is a guest post by Yaali Bizappln Solutions. A lot of businesses manage their customers and finances on separate platforms. This disconnect often leads to missed invoices …
Hamming:
Make AI Voice Agents trustworthy — Hamming AI automatically tests AI voice agents and continuously monitors them in production.
Make AI Voice Agents trustworthy — Hamming AI automatically tests AI voice agents and continuously monitors them in production.Who's Hiring In Tech?
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