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October 27, 2017, 12:05 PM
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Alphabet Investor Relations:
Alphabet Q3: revenue of $27.8B, up 24% YoY, vs. $27.2B expected; net income reaches $6.73B, up from $5.06B YoY; Other Bets made $302M, lost $812M  —  MOUNTAIN VIEW, Calif. - October 26, 2017 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended September 30, 2017.
Business Wire:
Amazon beats with Q3 revenue of $43.74B, up 34% YoY, vs. $42.14B expected; net income of $256M, up from $252M YoY
Greg Kumparak / TechCrunch:
Google working on fix for Pixel 2 XL display issues and Pixel 2 “clicking” noise, will roll out software update within weeks; warranty extended to two years  —  Shortly after Google's new Pixel 2 and Pixel 2 XL began shipping, some users noted that the devices seemed to have some... quirks.
Rita El Khoury / Android Police:
WhatsApp starts rolling-out feature that lets you delete sent messages within 7 minutes  —  Message recalls have been rumored on WhatsApp for months now and every couple of weeks, we got a glimpse of the functionality in a beta version but it was always a false alert and never properly worked.
Natalie Gagliordi / ZDNet:
Walmart testing robots in 50+ stores for repetitive jobs like scanning shelves for out-of-stock products, incorrect pricing, and mislabeling  —  The world's largest retailer has had a well-documented struggle with empty shelves in its stores.  —  Walmart is testing the use of aisle-roaming robots …
Ben Lovejoy / 9to5Mac:
Analyst: iPhone 8 and 8 Plus accounted for 16% of all US iPhone sales in the past quarter, compared to 43% for 7 and 7 Plus during the same period last year  —  Purchase data from Consumer Intelligence Research Partners (CIRP) suggests that the iPhone 8 is selling in smaller numbers than an ‘S’ model.
Jacob Kastrenakes / The Verge:
As pre-orders open, Apple says iPhone X screen replacement will cost $279, compared to $169 for iPhone 8 Plus; other out-of-warranty repairs will cost $549  —  The iPhone X went on sale today, and with it, Apple released some information about the phone's repair pricing — and like the phone itself, it gets expensive.
Microsoft Investor Relations:
Microsoft Q1: revenue of $24.54B, up 12% YoY, vs. $23.56B expected; net income up 16% YoY to $6.6B; Productivity revenue hits $8.2B, up 28% YoY  —  REDMOND, Wash. — October 26, 2017 — Microsoft Corp. today announced the following results for the quarter ended September 30, 2017:

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From Mediagazer

Sara Fischer / Axios:
Source: Bari Weiss is planning to create a masthead for CBS News as part of a broader overhaul of standards and procedures

Todd Spangler / Variety:
Comcast extends Mike Cavanagh's contract through January 1, 2029, and grants a ~$35M performance-based stock package; he's set to become co-CEO in January 2026

Alex Weprin / The Hollywood Reporter:
WBD's board says it will “carefully review and consider” Paramount's revised offer, which includes a full backstop personally guaranteed by Larry Ellison

More News

Earlier Picks

Samantha Liss / St. Louis Post-Dispatch:
Amazon gains wholesale pharmacy licenses in 12+ states, including Nevada, Arizona, Louisiana, Alabama, New Jersey, Michigan, Connecticut, Oregon, and Tennessee
Nancy Scola / Politico:
Study: interviews with tech staffers show how Facebook, Twitter, and Google helped Trump team as part of ad services; Clinton team declined embeds
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