Techmeme
October 30, 2025, 9:35 PM

Top News

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 said Thursday that revenue in its cloud computing business increased 20% in the third quarter, exceeding analysts' estimates.  —  Revenue at Amazon Web Services for the third quarter totaled $33 billion.
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.
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
Stephen Nellis / Reuters:
Loree Seitz / The Wrap:
New York Times:
Trump and Xi Jinping agree to a yearlong truce that rolls back many contentious tariffs and retaliatory measures; the current deal was set to expire on Nov. 10  —  China agreed to suspend for a year some of its limits on exports of rare earth metals, while the U.S. halved its fentanyl-related tariffs.
Mackenzie Hawkins / Bloomberg:
Mark Anderson / Bloomberg:
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.
Jonathan Vanian / CNBC:
Reddit reports Q3 revenue up 68% YoY to $585M, vs. $546M est., and daily active uniques up 19% to 116M, vs. 114M est.; RDDT jumps 5%+ after hours  —  Reddit reported third-quarter earnings on Thursday in which the company beat on the top and bottom and provided strong guidance.
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.
Jess Weatherbed / The Verge:
John Melloy / CNBC:
Netflix announces a 10-for-1 stock split, after its shares boomed over the last three years to above $1,000 a share  —  Netflix announced a 10-for-1 stock split, a move that changes nothing fundamentally about the company, but could make the pricey individual shares more accessible to the retail investor.
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.
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
Sara Fischer / Axios:
Milan-based Bending Spoons, which buys and seeks to revitalize tech brands like AOL, raised $710M led by T. Rowe Price at an $11B pre-money valuation  —  Bending Spoons, an Italian holding company that buys and seeks to revitalize tech brands like AOL, on Thursday announced a $710 million equity raise …
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.
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: CNET, Engadget, PCMag, Implicator.ai, and Newser
LinkedIn: Joseph MennBluesky: @rgblights and @metacurity.com
Forums: r/hardware and r/TpLink
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: CRN and Reuters

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