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October 31, 2024, 12:15 AM
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| Microsoft: |
Microsoft reports Q1 revenue up 16% YoY to $65.6B, Microsoft 365 Commercial products and cloud services up 13%, LinkedIn up 10%, and net income up 11% to $24.7B — Microsoft Cloud Strength Drives First Quarter Results REDMOND, Wash. — October 30, 2024 — Microsoft Corp. today announced …
| Ina Fried / Axios: |
| Meta Investor Relations: |
Meta reports Q3 revenue up 19% YoY to $40.59B, net income up 35% to $15.69B, and family daily active people up 5% to 3.29B on average for September 2024 — Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter ended September 30, 2024.
More: PYMNTS.com, The Economic Times, SiliconANGLE, CNBC, Deadline, Fortune, MarketWatch, Shacknews, Android Central, Financial Times, Reuters, Forbes, Australian Financial Review, The Times, TheDomains.com, and Associated Press
Threads: @alexheath, @katieharbath, @rpn, @lanceulanoff, and @laurengoode
| Karissa Bell / Engadget: |
Mark Zuckerberg says Threads has almost 275M MAUs and is adding more than a million sign ups per day, while Meta AI has passed 500M MAUs — Threads has surged to reach “almost 275 million” people, Mark Zuckerberg said. — Last month at Meta Connect, Mark Zuckerberg said that Meta AI was …
More: Moneycontrol, The Verge, Social Media Today, and Quartz
Threads: @zuck, @alexheath, @ceciliakangwriting, @pkafka, @masonpelt, @georgescriban, @abelian_cat, @kurtwag8, @lanceulanoff, @ryanschwartztv, @alexcartaz, @mattnavarra, @martinsfp, @laurengoode, @richardlawler, and @vishesh92. Mastodon: @SpaceLifeForm@infosec …. X: @swiftstories
| Sarah E. Needleman / Wall Street Journal: |
Mark Zuckerberg says the company's AI-driven feed and video recommendations have led to an 8% increase in time spent on Facebook and a 6% increase on Instagram — Meta META -0.25%decrease; red down pointing triangle Platforms on Wednesday reported record revenue despite slower digital advertising growth …
More: Fortune, Business Insider, Social Media Today, Barron's Online, Investor's Business Daily, Billboard, TheStreet, The Hollywood Reporter, CNBC, and Business Insider
Threads: @kalihays1. Bluesky: @cinematological.bsky.social and @jenncutter.bsky.social. X: @timnitgebru. Forums: Slashdot
| Antonio G. Di Benedetto / The Verge: |
Apple's new MacBook Pro features M4 Pro/Max with 24GB+ RAM, Thunderbolt 5 for $1,999+ (14") and $2,499+ (16"), or M4 with 16GB+ RAM for $1,599+, shipping Nov. 8 — Apple is updating the MacBook Pro and introducing some even more powerful chips. Announced this morning via a low-key press release …
More: Apple, Apple on YouTube, Apple on YouTube, Apple on YouTube, MacRumors, AppleInsider, ZDNET, Press Start, iDownloadBlog.com, Six Colors, MacRumors, CNBC, KnowTechie, Yanko Design, TechEBlog, Lifewire, BGR, TechSpot, ExtremeTech, MacRumors, Cybernews.com, MakeUseOf, Hindustan Times, RTÉ, 9to5Mac, Stuff, Bloomberg, MacRumors, and PCMag
Threads: @tookthescenicroute. Mastodon: @davemark@mastodon.social. X: @vadimyuryev, @maxwinebach, @brandonbutch, @tailosivetech, @tailosivetech, @rsgnl, @sdw, @vadimyuryev, @migueldeicaza, @markgurman, @connorjewiss, @connorjewiss, @tim_cook, @dylanmcd8, @maxwinebach, @vadimyuryev, @ijustine, @elonmusk, @jsnell, @lukemiani, @maxwinebach, @vadimyuryev, @superscientific, @ranvir2612, @heychazza, and @aaronp613
Forums: r/blender, r/applesucks, r/apple, r/macbook, and MacRumors Forums
| Hartley Charlton / MacRumors: |
Apple unveils the M4 Max: up to a 16-core CPU for up to 2.2x speeds over the M1 Max, up to a 40-core GPU, up to 128GB of memory, Thunderbolt 5 support, and more — Apple today announced the M4 Max chip alongside new MacBook Pro models—its most advanced and powerful Apple silicon chip to date.
More: Apple, 9to5Mac, XDA Developers, Engadget, TechCrunch, TweakTown, Business Today, mjtsai.com, GSMArena.com, Guru3D, MySmartPrice, Benzinga, Engadget, and Wccftech
Threads: @migueldeicaza. X: @concept_central, @awnihannun, @highyieldyt, @aapltree, @vadimyuryev, @rsgnl, @dylanmcd8, and @benbajarin
Forums: Hacker News, r/gadgets, r/apple, r/mac, and MacRumors Forums
| Devindra Hardawar / Engadget: |
More: Daring Fireball, The Verge, MacRumors, ZDNET, Inc, Android Authority, XDA Developers, Mashable, PC Gamer, Redmond Pie, How-To Geek, Laptop Mag, The Shortcut, Appleosophy, iDownloadBlog.com, Trusted Reviews, Digital Trends, The Apple Post, Macworld, Wccftech, AppleInsider, 9to5Mac, Ars Technica, 9to5Mac, and The Verge
X: @vadimyuryev, @sondesix, @ana_thedataguru, @luciascarlet, @tomwarren, @mkbhd, @markgurman, @joannastern, @lukemiani, and @jonyiveparody
Forums: r/technology and Slashdot
| Andrew Webster / The Verge: |
Nintendo announces Nintendo Music, an app that lets Switch Online subscribers stream or download gaming tunes from Nintendo titles, available on Android and iOS — This time, it's a mobile app called Nintendo Music, which lets users listen to classic gaming tunes from Nintendo games spanning …
More: Nintendo of America on YouTube, Nintendo Official Site, 9to5Google, VICE, Digital Music News, Tom's Guide, AppleInsider, Comic Book, IGN, VG Charts, 9to5Toys, MacStories, Gaming Nexus, Game Rant, GoNintendo, Press Start, and BGR
Forums: r/fuckepic and r/Switch
| Kyle Wiggers / TechCrunch: |
Dropbox is laying off 528 employees, or 20% of its workforce, in what CEO Drew Houston says is a “transitional period”; filing: the layoffs cost $63M to $68M — Dropbox is letting go 20% of its workforce as the cloud company undergoes what CEO Drew Houston calls a “transitional period.”| Rohan Goswami / CNBC: |
Super Micro's stock drops 30%+ after disclosing that auditor Ernst & Young had resigned following months of disagreement over governance and board independence — Super Micro's shares plunged 33% on Wednesday after the company disclosed its auditor had resigned following months …
More: The Register, Investor's Business Daily, Bloomberg, Barron's Online, The Information, Motley Fool, Tom's Hardware, TheStreet, AfroTech, Financial Times, Wall Street Journal, Reuters, and Financial Times
X: @natehindenburg, @garyhaubold, @nkulw, @brodyford_, @deanm0riarty, @matthewstoller, @morningbrew, @followtheh, @jyarow, @barbariancap, @danielnewmanuv, @dylan522p, and @rivertamydn. LinkedIn: Patrick Moorhead
Forums: r/hardware, r/wallstreetbets, r/Big4, and r/Accounting
| New York Times: |
Kraken lays off workers and names Arjun Sethi as co-CEO; sources say the cuts amount to 15% of its workforce, or ~400 employees, including the COO and the CTO — The influential cryptocurrency exchange has undergone several reorganizations in recent years.
More: Kraken Blog, Kraken, Cryptonews, The Information, crypto.news, Decrypt, Blockworks, Bloomberg, and Cointelegraph
X: @mikeisaac, @runnerxbt, @wublockchain, and @mikeisaac
| Tanaya Macheel / CNBC: |
Coinbase reports Q3 revenue up 79% YoY to $1.21B, vs. $1.26B est., a $75M net income, vs. a $2.3M loss in Q3 2023, and announces a $1B stock buyback — - CNBC Councils — CNBC on Peacock — Join the CNBC Panel — Supply Chain Values — Select Shopping — Ad Choices| New York Times: |
Former FTX chief engineer Nishad Singh avoids prison time over his role in the collapse of FTX, after a US judge lauded his cooperation with prosecutors — Mr. Singh, who was a top executive in Sam Bankman-Fried's business empire, had pleaded guilty to fraud and campaign finance violations that contributed to the collapse of FTX.
More: Decrypt, Reuters, The Boston Globe, Cointelegraph, Axios, Financial Times, CryptoSlate, CNBC, Bitcoin Insider, CoinDesk, DL News, Blockworks, Al Jazeera, Cryptonews, and CoinGape
| Alexandra Canal / Yahoo Finance: |
Roku reports Q3 revenue up 16% YoY to $1.06B, vs. $1.02B est., 85.5M streaming households, up 2M QoQ, and Q4 guidance below est.; ROKU drops 11%+ after hours — Roku (ROKU) stock fell more than 10% in after-hours trading on Wednesday after the company's Q4 guidance disappointed …
More: Barron's Online, Cord Cutters News, Benzinga, Deadline, Media Play News, Streaming Better, Motley Fool, Variety, and Roku
| Jasper Ward / Reuters: |
Colorado says that some partial passwords for the state's voting systems were accidentally posted online but pose no threat to the November 5 general election — WASHINGTON, Oct 29 (Reuters) - (This Oct. 29 story has been corrected to reflect quotes from the CISA spokesperson in paragraph 6)| Ananya Mariam Rajesh / Reuters: |
DoorDash reports Q3 revenue up 25% YoY to $2.71B, vs. $2.66B est., total orders up 18% YoY to 643M, and forecasts Q4 adjusted EBITDA above estimates — DoorDash (DASH.O) forecast fourth-quarter core profit above estimates on Wednesday, as the online delivery firm bets on more consumers using …
More: Motley Fool, Proactive, Bloomberg, Investor's Business Daily, DoorDash Inc., Benzinga, and Bloomberg
| Washington Post: |
Sources: in August, Andy Jassy called Donald Trump to outline Amazon's plans, and Trump said Amazon should cut him a large check for his presidential efforts — Executives at companies founded by the billionaire Post owner have sought contact with Trump. He argues he didn't end presidential endorsements out of self-interest.
More: 404 Media, Columbia Journalism Review, and Semafor
X: @drewharwell, @sarahkaplan48, @quinnypig, @jdawsey1, @modestproposal1, and @eilperin. LinkedIn: Josh Dawsey
| Bloomberg: |
Siemens agrees to buy engineering software company Altair for ~$10B including debt, a 19% premium on Altair's October 21 closing price; deal to close in H2 2025 — - Transaction provides 19% premium to Altair shareholders — Acquisition of US-based Altair is largest ever by Siemens
More: Siemens Digital …, Pulse 2.0, Wall Street Journal, Crain's Detroit Business, Reuters, and Financial Times. Forums: Slashdot
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More: SiliconANGLE, Bloomberg, Financial Times, Reuters, Samsung Newsroom, Morningstar, Inc., and CNBC. X: @newley
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