Techmeme
October 31, 2024, 11:45 PM

Top News

Apple Inc.:
Apple reports Q4 revenue up 6% YoY to $94.9B, net income of $14.74B, vs. $22.96B in Q4 2023, after paying a $10.2B charge as part of a tax decision in Europe  —  iPhone drives record September quarter revenue Services revenue reaches new all-time high  —  Apple® today announced financial results …
CNBC:
Shirin Ghaffary / Bloomberg:
OpenAI unveils ChatGPT Search to let paid users search for timely information using GPT-4o, after testing the feature in July 2024, a direct challenge to Google  —  The new option will let the chatbot's users search for timely information much as they would on the web.
Hayden Field / CNBC:
Amazon.com, Inc.:
Amazon Q3: revenue up 11% YoY to $158.9B, a $15.3B net income vs. $9.9B in Q3 2023, a $17.4B operating income vs. $11.2B in Q3 2023; AMZN jumps 5%+ after hours  —  Amazon.com, Inc. (NASDAQ:AMZN) today announced financial results for its third quarter ended September 30, 2024.
Jordan Novet / CNBC:
Jordan Novet / CNBC:
Intel reports Q3 revenue down 6% YoY to $13.28B, vs. $13.02B est., a net loss of $16.99B, and Q4 guidance above estimates; INTC jumps 6%+ after hours  —  Intel shares rose 7% in extended trading on Thursday after the chipmaker reported better-than-expected earnings and issued quarterly guidance that topped estimates.
Mishaal Rahman / Android Authority:
Google plans to release Android 16 in Q2 2025 “to better align with the schedule of device launches”; major Android releases have been in Q3 or Q4 since 2013  —  Android 16 is launching in Q2 of 2025, which is months earlier than previously expected.  —  •  —  TL;DR
Tom Warren / The Verge:
Microsoft delays the rollout of its controversial Recall feature to December to “refine the experience”, after previously pushing it from June to October  —  Microsoft says it needs more time to make sure the AI feature is ‘a secure and trusted experience’
Tom Warren / The Verge:
Microsoft says Windows users will only be able to buy one year of Extended Security Updates for Windows 10 for $30, after support ends in October 2025  —  Microsoft is finally revealing that it will charge consumers $30 for a year of extra security updates to Windows 10.
Emma Roth / The Verge:
Google adds Gemini in Google Maps in the US, with AI-summarized reviews and answers to conversational questions by users, and adds 150 cities to Immersive View  —  Google Maps is getting a big update that's supposed to help you find new places to visit with AI.
Kyle Wiggers / TechCrunch:
Anthropic launches Claude apps for Mac and Windows in public beta, and releases a dictation tool for Claude on iOS, Android, and iPadOS  —  Anthropic's AI-powered chatbot, Claude, now has desktop apps.  —  Anthropic is launching Claude apps for Mac and Windows today in public beta, which …
Ryan Christoffel / 9to5Mac:
Kuo: Apple plans to use its own Wi-Fi chips made by TSMC's N7 process and with Wi-Fi 7 in the iPhone 17 lineup, reducing its reliance on Broadcom  —  Apple's big launches for 2024 are nearly complete, so reports are going to pick up regarding the 2025 product lineup.
Dominic Chopping / Wall Street Journal:
The EU Commission opens formal DSA proceedings against Temu over the alleged sales of non-compliant products and its platform design, like addictive features  —  The European Union is investigating Chinese e-commerce platform Temu over concerns that it may have failed to limit the sale of illegal products.
Krisztian Sandor / CoinDesk:
Tether reports Q3 net profits of $2.5B, driven by gains in its US Treasury and gold holdings and bringing YTD profit to $7.7B, as USDT market cap nears $120B  —  The company also owns a significant amount of gold and the big move higher in the yellow metal boosted profits.
Andrew Liszewski / The Verge:
OnePlus unveils the OnePlus 13, its next flagship with a Snapdragon 8 Elite SoC, 12GB+ RAM, and a 6,000mAh battery, available in China on November 1 for ~$630+  —  OnePlus has officially announced its next flagship smartphone, the new OnePlus 13.  Powered by the Snapdragon 8 Elite processor …
Andy Greenberg / Wired:
Sophos details a five-year battle with Chinese hackers exploiting its firewalls, and how its device “implants” traced the hacks to a university and a contractor  —  Sophos went so far as to plant surveillance “implants” on its own devices to catch the hackers at work—and in doing so …

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Financial Times:
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