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October 29, 2024, 9:45 PM
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| Alphabet: |
Alphabet reports Q3 revenue up 15% YoY to $88.27B, Search revenue up 12%, net income up 34%, and traffic acquisition costs up 9%; GOOG jumps 5%+ after hours — MOUNTAIN VIEW, Calif. - October 29, 2024 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended September 30, 2024.
More: The Register, PYMNTS.com, SiliconANGLE, MediaPost, 9to5Google, Thurrott, Cointelegraph, Wall Street Journal, Android Central, Constellation Research, 9to5Google, and Shacknews
Threads: @daveleebbg. X: @waymo, @sundarpichai, @munster_gene, @munster_gene, @divestech, @patrickmoorhead, @munster_gene, @munster_gene, @sundarpichai, @patrickmoorhead, @munster_gene, @munster_gene, @sundarpichai, @sundarpichai, and @sundarpichai. Forums: Hacker News
| Jay Peters / The Verge: |
Sundar Pichai says “more than a quarter of all new code at Google is generated by AI, then reviewed and accepted by engineers” — Google is building a bunch of AI products, and it's using AI quite a bit as part of building those products, too. “More than a quarter of all new code … | Jennifer Elias / CNBC: |
More: Barron's Online, Capital Brief, The Information, Channel NewsAsia, Investor's Business Daily, Business Insider, Yahoo Finance, Reuters, Fortune, Proactive, Quartz, What's Trending, ZeroHedge News, The Desk, BusinessLIVE, The National, Semafor, Punch Newspapers, and The Hollywood Reporter
X: @rihardjarc, @thetranscript_, and @rseroter
| Todd Spangler / Variety: |
| Chris Welch / The Verge: |
Apple updates the Mac mini with a smaller design, five USB-C ports, and up to 64GB of RAM, shipping from November 8 for $599+ with M4 and $1,399+ with M4 Pro — As part of the company's week of Mac-focused announcements, Apple has just introduced a smaller, yet even more powerful Mac Mini.
More: Apple, Apple on YouTube, 9to5Mac, MacRumors, Benzinga, AppleInsider, Max Tech on YouTube, 9to5Mac, iDownloadBlog.com, Brian Tong on YouTube, TweakTown, Press Start, Six Colors, Six Colors, ZDNET, TechRadar, Daring Fireball, MacRumors, Macworld, BGR, MacRumors, Wccftech, Gizmochina, Gizmodo, CNBC, The Apple Post, AppleInsider, Appleosophy, MacRumors, The Verge, Forbes, Pocket-lint, Digital Photography Review, Ars Technica, BetaNews, Stuff, TechCrunch, Wired, Android Headlines, and O'Grady's PowerPage
X: @vadimyuryev, @trungtphan, @basicappleguy, @wholemarsblog, @chrisjbakke, @snazzylabs, @lukemiani, @zollotech, @benbajarin, @thurrott, @jake_hansen_, @connorjewiss, @bdsams, @aaronp613, @jguthmann, @tomwarren, @zollotech, @tomwarren, @vadimyuryev, @markgurman, @t3dotgg, @vadimyuryev, @neilcybart, @ronaldmannak, @raywongy, @aaronp613, @maxwinebach, @benbajarin, @maxwinebach, @dylanmcd8, @maxwinebach, and @mkbhd. LinkedIn: Justin Joung
Forums: r/sffpc, r/mac, r/macmini, r/gadgets, r/headphones, Slashdot, and MacRumors Forums
| Benjamin Mayo / 9to5Mac: |
Apple debuts the M4 Pro: Thunderbolt 5, up to a 14-core CPU, up to a 20-core GPU with up to 2x an M4 GPU's power, a 16-core Neural Engine, and up to 64GB of RAM — The just-announced Mac mini includes the unveiling of the M4 Pro chip for the first time. The new upscale chip features 14-CPU cores …
More: Appleosophy, iDownloadBlog.com, Wccftech, WinBuzzer, Business Standard, TechCrunch, MacRumors, MacRumors, TechSpot, BGR, Engadget, and MacDailyNews
X: @heychazza, @parkerortolani, @parkerortolani, @vadimyuryev, @cosmoscharf, @tgod34748, @vadimyuryev, @yacinemtb, @parkerortolani, @yacinemtb, @stevemoser, and @vadimyuryev. Forums: r/apple
| Tom Warren / The Verge: |
GitHub says Copilot will support Anthropic, Google, and OpenAI models, unveils an AI tool to build micro web apps called Spark, Copilot for Xcode, and more — GitHub is going multi-model for its Copilot code completion and programming tool. Developers will soon be able to choose models from Anthropic …
More: The GitHub Blog, Ars Technica, Anthropic, GitHub Next, The GitHub Blog, AppleInsider, MacRumors, Simon Willison's Weblog, Bloomberg, Yahoo Finance, Runtime, The GitHub Blog, TechCrunch, The GitHub Blog, Neowin, AIM, InfoWorld, The Decoder, The Information, CNBC, VentureBeat, WinBuzzer, and Thurrott
Threads: @satyanadella. X: @sundarpichai, @perplexity_ai, @nearcyan, @ashtom, @lexfridman, @googledevs, @mattppal, @holman, @azure, @thekitze, @aravsrinivas, @aravsrinivas, @github, @thomasortk, @ashtom, @code, @code, @amasad, @nickadobos, @altryne, @officiallogank, @nickadobos, @javi, @dimillian, @alexdima123, @david_dossett, @martinwoodward, @mark_k, @ashtom, @ghchangelog, @hkarthik, @ashtom, @satyanadella, @johnvandivier, @nickadobos, and @tomwarren
| Jason Koebler / 404 Media: |
Elon Musk's PAC sends Republicans texts impersonating Kamala Harris that push policies Harris doesn't support, without disclaimers, and ups its social ad spend — An Elon Musk-funded super PAC has expanded an advertising campaign in which it is impersonating Democrats and targeting registered Republicans …
More: CNN and CBS News
Bluesky: @ebonibunni.bsky.social and @katemhartain.bsky.social
X: @jason_koebler, @joshtpm, @jsrailton, @jusdayda, and @kimmasters
| Reuters: |
Sources: OpenAI has been working for months with Broadcom on its first in-house AI chip, for inference, built by TSMC, and has dropped its foundry plans for now — OpenAI is working with Broadcom (AVGO.O) and TSMC (2330.TW) to build its first in-house chip designed to support …
More: Bloomberg, TechCrunch, SiliconANGLE, Fortune, Quartz, Motley Fool, SamMobile, WinBuzzer, Benzinga, and Investor's Business Daily
Forums: Hacker News and Slashdot
| Arsheeya Bajwa / Reuters: |
AMD reports Q3 revenue up 18% YoY to $6.82B vs. $6.71B est., Data Center revenue up 122% to $3.5B, and Q4 revenue forecast below est.; AMD drops 7%+ after hours — Advanced Micro Devices (AMD.O) on Tuesday forecast fourth-quarter revenue just shy of estimates as supply chain constraints hamper … | Jonathan Vanian / CNBC: |
Reddit Q3: revenue up 68% YoY to $348.4M, vs. $312.8M est., DAUs up 47% YoY to 97.2M, vs. 96.5M est., ARPU of $3.58, vs. $3.24 est.; RDDT jumps 24%+ after hours — Reddit shares jumped 22% in extended trading Tuesday, topping $100 for the first time, after the social media company reported … | Reuters: |
Dozens of sources share how Intel CEO Pat Gelsinger fumbled the company's revival, including offending TSMC with Taiwan comments and losing a deep TSMC discount — Pat Gelsinger took the reins as Intel (INTC.O) CEO three years ago with hopes of reviving the American industrial icon.| Alex Weprin / The Hollywood Reporter: |
Snap says it will roll out its new “simple” Snapchat app in Q1 2025, ~10M users are testing it, but warns the engagement metrics are worse on iOS versus Android — In its third-quarter earnings report, Snap warned investors of “near term disruption” connected to the launch of the new Snapchat.
More: PYMNTS.com, Social Media Today, and Deadline
| Ingrid Lunden / TechCrunch: |
LinkedIn launches Hiring Assistant, an AI agent designed to take on a wide array of recruitment tasks, like sourcing candidates, to a select group of customers — LinkedIn, the social platform used by the working world to connect with others in their field, hunt for jobs, and develop skills … | Wall Street Journal: |
Sources: xAI is in talks with investors to raise several billion dollars in a funding round that would value it at around $40B; xAI was valued at $24B in May — New fundraising effort would substantially increase startup's valuation from spring — Elon Musk's xAI is in talks with investors …
More: Forbes, The Information, Bloomberg, SiliconANGLE, PYMNTS.com, The Times, TechCrunch, Fortune, and The Indian Express
X: @sawyermerritt and @molloxx
| Washington Post: |
An analysis of the top 100 US congressional X accounts: since July 2023, Republicans had nearly all the posts with 20M+ views and saw bigger gains in followers — A Washington Post analysis found that Republicans are posting more, getting followed more and going viral more now that the …
More: Business Insider and The Daily Caller
X: @neeratanden, @timobrien, @pkafka, @shayan86, @carlquintanilla, and @drewharwell
Forums: r/uspolitics and r/Law_and_Politics
| New York Times: |
Sources: Chinese hackers targeted phones used by Trump family members and Biden admin and State Dept. officials; audio communications may have been captured — Phones used by Jared Kushner and Eric Trump were among those that hackers sought access to as part of a counterintelligence effort carried …
More: Engadget, New York Post, Fox News, and KDFX-TV
| Ben Thompson / Stratechery: |
Why Meta is well positioned to be AI's main beneficiary in the short, medium, and long term: generative AI, ads, infinite content, XR, “generative UI”, and more — Stratechery has benefited from a Meta cheat code since its inception: wait for investors to panic, the stock to drop …
More: The Information, Forbes, Investor's Business Daily, Barron's Online, Inc, The Shortcut, Pocket-lint, Zacks Investment Research, WinBuzzer, and Wccftech
Threads: @rene_sellmann. Mastodon: @jimray@mastodon.social. X: @supbagholder and @stratechery. Forums: Hacker News
| Bloomberg: |
Research: China's industrial policy to make the nation a leader in emerging technologies has largely been a success, despite US efforts to contain the country — At a glance, the campaign appears successful. China's economy is no longer on pace to overtake the US and is actually falling further behind.
More: en.people.cn, Digital Journal, and Computerworld
| Pritam Biswas / Reuters: |
MetaMask crypto wallet maker Consensys is cutting 162 staff, or ~20% of its workforce, citing broader macroeconomic pressures and ongoing regulatory challenges — Cryptocurrency firm Consensys said on Tuesday it would cut 20% of its total workforce, citing broader macroeconomic pressures …
More: Consensys, Fortune, Decrypt, Cryptopolitan, Cryptonews, Protos, CryptoGlobe, Bloomberg, Crypto Briefing, The Crypto Times, Bitcoin Insider, crypto.news, CoinGape, CoinDesk, CryptoSlate, Cointelegraph, NFTgators, and CNBC. Forums: Slashdot
| Karissa Bell / Engadget: |
X says it has “re-architected” the scoring system for its Community Notes feature so that notes can now appear less than 20 minutes after a post is published — The fact checks can now appear less than 20 minutes after a post is published, the company said.
More: Social Media Today. Bluesky: @cachiporra.bsky.social. X: @communitynotes, @kcoleman, @elonmusk, and @kimmonismus
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