Techmeme
October 30, 2025, 6:20 PM

Top News

Amazon:
Amazon reports Q3 revenue up 13% YoY to $180.2B, a $21.2B net income vs. $15.3B in Q3 2024, and operating income flat at $17.4B; AMZN jumps 13%+ after hours  —  Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its third quarter ended September 30, 2025.
Annie Palmer / CNBC:
Amazon reports Q3 AWS revenue up 20% YoY to $33B, vs. $32.42B est., and AWS operating income up 9.5% YoY to $11.4B  —  Amazon shares jumped more than 13% in extended trading Thursday after the company posted third-quarter earnings that exceeded expectations, along with strong growth in its cloud-computing unit.
Kif Leswing / CNBC:
Apple reports Q4 revenue up 8% YoY to $102.47B, vs. $102.24B est., net income up 86% to $27.5B, and FY 2025 revenue up 6% to $416.16B  —  Apple reported fiscal-fourth quarter earnings on Thursday that beat analyst expectations, and provided a strong forecast for the company's December quarter.
Apple:
Apple Q4: iPhone up 6% YoY to $49.03B, vs. $50.19B est., Mac up 13% to $8.73B, iPad flat at $6.95B, and Wearables, Home, and Accessories flat at $9.01B  —  September quarter records for total company revenue, iPhone revenue and EPS  —  Services revenue reaches new all-time high
Mackenzie Hawkins / Bloomberg:
President Trump says he and Xi Jinping discussed Nvidia and other chipmakers' access to China, and that they didn't discuss approving sales of Blackwell chips  —  US President Donald Trump said he didn't discuss approving sales of Nvidia Corp.'s Blackwell chips to China with his counterpart Xi Jinping …
Mark Anderson / Bloomberg:
China's Commerce Ministry says it will work with the US to resolve issues related to TikTok, stopping short of saying it agreed to a deal touted by Trump  —  Beijing pledged to work with Washington to resolve the fate of TikTok's US business, stopping short of saying it's agreed to a deal touted …
New York Times:
Keith Bradsher / New York Times:
Sabrina Ortiz / ZDNET:
OpenAI launches Aardvark, a GPT-5-powered autonomous cybersecurity research agent that can identify and help patch vulnerabilities, in private beta  —  ZDNET's key takeaways  — OpenAI has launched Aardvark, a cybersecurity researcher agent.  — Aardvark is powered by GPT-5 and is in private beta.
Ivan Mehta / TechCrunch:
Canva launches a foundational design model that generates editable layered designs, expands Canva AI, makes Affinity free for all users, and more  —  Creative suite company Canva launched its own design model on Thursday that understands different layers and formats today to power its features.
Financial Times:
Google, Meta, and Microsoft collectively spent nearly $80B on AI infrastructure in Q3, dividing the market on whether they can translate huge capex into income  —  Alphabet, Meta and Microsoft divide the market over whether they can translate huge capital expenditure into income
Maximilian Henning / Euractiv:
The ICC plans to switch from Microsoft Office to Open Desk, a European open source alternative, amid concerns about public bodies' reliance on US tech companies  —  The court will move its internal work environment to Open Desk, a German-developed open source software
Reuters:
Sources: OpenAI is preparing for a US IPO that could value it at ~$1T and has explored raising $60B+, filing as soon as H2 2026, and listing in 2027  —  OpenAI is laying the groundwork for an initial public offering that could value the company at up to around $1 trillion …
Olga Kharif / Bloomberg:
Coinbase reports Q3 revenue up 55% YoY to $1.9B, vs. $1.8B est., net income up 473% to $433M, and trading volume up 59% to $295B  —  Shares of Coinbase Global Inc. rose more than 4% after the largest US crypto exchange reported revenue that exceeded Wall Street's third-quarter estimates.
Joseph Menn / Washington Post:
Sources: the US Commerce Department has proposed banning TP-Link's devices, citing its ties to China; more than six departments and agencies backed the proposal  —  The Commerce Department has proposed barring sales of TP-Link products, citing a national security risk from ties to China, people familiar with the matter said.
More: Engadget, Newser, PCMag, and Implicator.ai
LinkedIn: Joseph MennBluesky: @rgblights and @metacurity.comForums: r/hardware
Arsheeya Bajwa / Reuters:
Filing: Meta plans to raise money through bond offerings worth up to $30B; the company has said its capex next year would be “notably larger” than in 2025  —  Social media giant Meta Platforms (META.O) will raise money through bond offerings worth up to $30 billion …
Cognition:
Cognition releases SWE-1.5, a new coding model in Windsurf, saying it partnered with Cerebras to serve SWE-1.5 at speeds up to 13x faster than Claude Sonnet 4.5  —  Today we're releasing SWE-1.5, the latest in our family of models optimized for software engineering.
Adamya Sharma / Android Authority:
Google updates Play Store policy in the US to let developers link to external app stores and payment options, following the Epic v. Google injunction  —  Android users in the US are finally getting real app store freedom.  —  •  —  TL;DR  — Google is opening up the Play Store in the US …
Bloomberg:
Sources: Intel is in early-stage talks to acquire AI chip startup SambaNova, with a deal likely valuing SambaNova below its $5B valuation in 2021  —  Intel Corp. is in preliminary talks to buy artificial intelligence chip startup SambaNova Systems Inc., according to people familiar with the matter.
More: Reuters
@appliedcompute:
Applied Compute, which wants to create custom AI agents trained on latent company knowledge, raised $80M from Benchmark, Sequoia, Elad Gil, and others  —  Generalists are useful, but it's not enough to be smart. Advances come from specialists, whether human or machine. To have an edge, agents need specific expertise, within specific companies, built on models trained on specific data. We call this Specific Intelligence. It's [image]
New York Times:
Q&A with Palantir CTO Shyam Sankar on surveillance, AI, the future of war, data, privacy, the US military, ImmigrationOS, the DHS, ICE, the UK's IDs, and more  —  The tech company's C.T.O. on surveillance, A.I. and the future of war.  —  Few companies in Silicon Valley inspire as much paranoia as Palantir.
More: GizmodoX: @douthatnyt and @morgangress
Bluesky: @drewharwell.com and @justinhendrixForums: r/ezraklein
Will Knight / Wired:
Extropic, which says its chips using probabilistic bits can be 10,000x more energy efficient than current AI chips, shares its first chip with some AI labs  —  A startup hopes to challenge Nvidia, AMD, and Intel with a chip that wrangles probabilities rather than 1s and 0s.

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Featured Podcasts

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Lucas Shaw on Warner Bros' Limbo, Netflix's Anxiety, and Hollywood's Sort-of Comeback [7:09 PM]
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