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October 30, 2024, 7:00 PM
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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 …
More: Windows Central, Microsoft, Investor's Business Daily, GeekWire, Neowin, and Dot Esports
X: @jrichlive and @thetranscript_
| Jordan Novet / CNBC: |
More: The Information, Wall Street Journal, BNN Bloomberg, Bloomberg, MarketWatch, Axios, Fortune, Semafor, Forbes, ZeroHedge News, and Proactive
| Jay Peters / The Verge: |
More: Ars Technica, Thurrott, Business Insider, New York Times, Fortune, Wccftech, and Video Games Chronicle
Forums: r/pcgaming and r/xbox
| 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, MacRumors, Apple on YouTube, AppleInsider, KnowTechie, Six Colors, CNBC, MacRumors, ExtremeTech, Cybernews.com, MacRumors, 9to5Mac, Yanko Design, Cult of Mac, TechEBlog, WinBuzzer, Bloomberg, Lifewire, MacStories, BGR, TechSpot, TechRadar, PCMag, BetaNews, Tom's Guide, MakeUseOf, ZDNET, Gizmodo, Yahoo Finance, Thurrott, Creative Bloq, RTÉ, XDA Developers, The Indian Express, Stuff, and Hindustan Times
Threads: @tookthescenicroute. X: @markgurman, @connorjewiss, @connorjewiss, @mkbhd, @tim_cook, @dylanmcd8, @maxwinebach, @vadimyuryev, @ijustine, @elonmusk, @jsnell, @lukemiani, @maxwinebach, @joannastern, @vadimyuryev, @superscientific, @ranvir2612, @heychazza, and @aaronp613
Forums: r/macbook, r/apple, r/applesucks, 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, Engadget, TechCrunch, Benzinga, mjtsai.com, Business Today, GSMArena.com, WinBuzzer, Cult of Mac, Guru3D, T3, MySmartPrice, Engadget, and Wccftech
X: @aapltree, @vadimyuryev, @rsgnl, @dylanmcd8, and @benbajarin
Forums: Hacker News, r/gadgets, r/apple, r/mac, and MacRumors Forums
| Devindra Hardawar / Engadget: |
More: Daring Fireball, Android Authority, The Verge, MacRumors, ZDNET, Appleosophy, Trusted Reviews, XDA Developers, How-To Geek, PC Gamer, MacDailyNews, Mashable, 9to5Mac, The Verge, 9to5Mac, Wccftech, MobileSyrup, Redmond Pie, iPhone in Canada Blog, Laptop Mag, Android Headlines, Tom's Guide, Six Colors, AppleInsider, The Shortcut, TechRadar, Macworld, Digital Trends, Ars Technica, iDownloadBlog.com, BGR, and Liliputing
X: @tomwarren, @markgurman, and @lukemiani
Forums: r/technology and Slashdot
| 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: The Times, New York Times, Associated Press, Reuters, Australian Financial Review, TheDomains.com, Android Central, Fortune, Forbes, Deadline, Financial Times, MarketWatch, Shacknews, Shacknews, and Business Insider
Threads: @alexheath, @laurengoode, @katieharbath, @rpn, and @lanceulanoff
X: @thetranscript_, @thetranscript_, @mikeisaac, @mikeisaac, @swiftstories, @swiftstories, @lexnfx, @lexnfx, @stockmarketnerd, @dampedspring, @munster_gene, and @munster_gene. Forums: Hacker News
| Jonathan Vanian / CNBC: |
More: Bloomberg, UploadVR, The Information, and Shacknews
| Karissa Bell / Engadget: |
More: The Verge and Quartz
Threads: @ceciliakangwriting, @zuck, @alexheath, @vishesh92, @abelian_cat, @laurengoode, @pkafka, @alexcartaz, @masonpelt, @mattnavarra, and @kurtwag8. X: @swiftstories
| Sarah E. Needleman / Wall Street Journal: |
More: Investor's Business Daily, The Hollywood Reporter, TheStreet, Billboard, and CNBC. Bluesky: @jenncutter.bsky.social
| 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, Bloomberg, Investor's Business Daily, The Information, Capital Brief, TechPowerUp, AfroTech, TheStreet, Tom's Hardware, Benzinga, Motley Fool, Tech Monitor, Associated Press, Financial Times, Wccftech, Reuters, ZeroHedge News, Barron's Online, Hollywood Life, Wall Street Journal, and Financial Times
X: @natehindenburg, @garyhaubold, @nkulw, @brodyford_, @deanm0riarty, @matthewstoller, @morningbrew, @followtheh, @jyarow, @barbariancap, @danielnewmanuv, @dylan522p, and @rivertamydn. LinkedIn: Patrick Moorhead
Forums: r/wallstreetbets, r/Big4, and r/Accounting
| 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.”
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Forums: Hacker News, r/technology, r/Layoffs, r/Layoffs, and Slashdot
| 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
More: Coinbase, The Information, Decrypt, The Block, CoinDesk, Reuters, Bloomberg, Quartz, Cointelegraph, MarketWatch, and CoinGape
| 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 … | 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: Reuters, DL News, Decrypt, Blockworks, NBC News, CoinDesk, Al Jazeera, Reuters, Cointelegraph, Axios, Cryptonews, Bitcoin Insider, Financial Times, The Verge, CryptoSlate, Protos, PYMNTS.com, and Coinspeaker
| Paige Smith / Bloomberg: |
Visa and Coinbase partner to let eligible US and EU users deposit funds into their Coinbase accounts, sometimes instantly; Visa powers the Coinbase debit card — - Access to crypto used to be challenging but is becoming easier … Coinbase already has millions of connections … | Lucas Manfredi / The Wrap: |
Roku reports Q3 revenue up 16% YoY to $1.06B, vs. $1.02B est., a net loss of $9.03M, vs. $330.1M in Q3 2023, and 85.5M streaming households, up 2M from Q2 2024 — The streamer and hardware maker, which has 85.5 million households, will stop reporting the metric starting in the first quarter of 2025
More: Barron's Online, Yahoo Finance, Roku, and Media Play News
| Caitlin Huston / The Hollywood Reporter: |
More: Benzinga, Motley Fool, Reuters, Cord Cutters News, The Desk, Variety, and Deadline
| Jason Schreier / Bloomberg: |
PlayStation closes Firewalk Studios, which debuted shooter game Concord in August 2024 before taking it offline, and mobile studio Neon Koi, impacting ~210 jobs — The company will also close the mobile game studio Neon Koi, which hasn't released a game, according to a blog post from Sony on Tuesday.
More: Kotaku, Breitbart, The Verge, HotHardware, Game Developer, IGN, The US Sun, Aftermath, Game World Observer, iPhone in Canada Blog, The Guardian, Press Start, Pocket-lint, MobileSyrup, GeekWire, VICE, Dexerto, PlayStation LifeStyle, TechRaptor, KitGuru, Comic Book, Eurogamer.net, and Neowin
X: @firewalkstudios, @ethangach, @legacykillahd, @franmirabella, @jelly_pack, @wario64, @jwhitbrook, @muradmgaming, @jeremypenter, @airbagged, @lukestephenstv, @evanreadscomics, @chris_dring, @tha_rami, @lordbalvin, @jasonschreier, @marioprime, @modernvintageg, @elderlyapple, and @silcris88
Forums: r/gamecollecting, r/technology, r/playstation, and Slashdot
| Bloomberg: |
Sources: the European Commission plans to open formal DSA proceedings against Temu over concerns the platform is failing to curb the sale of illegal products — - Formal proceedings to see if Temu broke Digital Services Act — Meta, AliExpress, TikTok and X all face similar EU probes| Arasu Kannagi Basil / Reuters: |
Robinhood reports Q3 revenue up 36% YoY to $637M, vs. $657.9M est., and crypto transaction revenue up 165% to $61M; HOOD drops 8%+ after hours — Brokerage Robinhood (HOOD.O) reported a third-quarter profit on Wednesday, driven by robust equities and crypto trading volumes.| Juby Babu / Reuters: |
eBay reports Q3 revenue up 3% YoY to $2.58B, GMV up 2% to $18.3B, net income down 51% to $636M, and forecasts Q4 revenue below est.; EBAY drops 9%+ after hours — Ecommerce firm eBay (EBAY.O) forecast fourth-quarter revenue below Wall Street estimates on Wednesday, signaling weak demand …
More: Bloomberg, Investor's Business Daily, Barron's Online, CNBC, Motley Fool, and eBay
| 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: Capital Brief, Bloomberg, Bloomberg, Investor's Business Daily, Benzinga, Proactive, and DoorDash Inc.
| 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, Semafor, and Columbia Journalism Review
X: @drewharwell, @sarahkaplan48, @quinnypig, @jdawsey1, @modestproposal1, and @eilperin. LinkedIn: Josh Dawsey
| The GitHub Blog: |
Contributions to generative AI projects on GitHub grew 59% YoY from October 2023 to September 2024 and Python overtook JavaScript as the most popular language — In this year's Octoverse report, we study how public and open source activity on GitHub shows how AI is expanding as the global developer community surges in size.
More: Neowin, TechRadar, WinBuzzer, AIM, and The Verge
X: @kennethreitz42, @brodriguesco, @benlesh, @nitya, @satyanadella, @shanselman, @zeeg, @donvito, and @ashtom
| Niket Nishant / Reuters: |
Global Payments agrees to sell medical software business AdvancedMD to investment firm Francisco Partners for $1.13B; the deal is expected to close in Q4 2024 — Global Payments (GPN.N) will sell its medical software business, AdvancedMD, to investment firm Francisco Partners for $1.13 billion … | New York Times: |
Sources detail how TikTok struck a deal with GoTo to buy a ~75% stake in Tokopedia for $840M, letting TikTok restart TikTok Shop in Indonesia in December 2023 — Agata Pinastika Kenastuti's children's clothing shop in Jakarta, Indonesia, was full of inventory when TikTok Shop shut.
More: Cochrane Eagle and The Tech Basic
| 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)Sponsor Posts
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