| 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 … | 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.| Devindra Hardawar / Engadget: |
| 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 … | Jay Peters / The Verge: |
| 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.| Jonathan Vanian / CNBC: |
| 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 … | 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.”| 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.| 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.| 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| Abner Li / 9to5Google: |
Google updates Chrome desktop to let users choose how aggressively it frees up inactive tab resources across three modes, and adds a Performance Detection tool — Last year, Chrome introduced Memory and Energy Saver modes, and Google is now updating its desktop browser with Performance issue alerts.| 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 … | 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 … | 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.| 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| 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.| 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.| 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 …
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| Thomas Ricker / The Verge: |
| Valentina Palladino / Engadget: |
| Rebekah Valentine / IGN: |
| Katrina Manson / Bloomberg: |