Techmeme
October 30, 2025, 5:15 AM

Top News

Meta:
Meta reports Q3 revenue up 26% YoY to $51.2B, vs. $49.4B est., net income down 83% YoY to $2.7B, and family DAP up 8% to 3.54B for September; META drops 8%+  —  Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter ended September 30, 2025.
Jaspreet Singh / Reuters:
Jonathan Vanian / CNBC:
Alphabet:
Jennifer Elias / CNBC:
Microsoft:
Microsoft reports Q1 revenue up 18% YoY to $77.7B, vs. $75.3B est., net income up 12% YoY to $27.7B, and More Personal Computing revenue up 4% YoY to $13.8B  —  Microsoft Cloud and AI Strength Drives First Quarter Results REDMOND, Wash. — October 29, 2025 — Microsoft Corp. today announced …
Ashley Capoot / CNBC:
Microsoft's OpenAI investment resulted in a $3.1B hit to Q1 net income; Productivity and Business Processes revenue, with Office and LinkedIn, grew 17% to $33B  —  Microsoft reported better-than-expected results for its fiscal first quarter as revenue in the company's Azure cloud business jumped 40%.
Reuters:
Sources: OpenAI is preparing for an 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 …
Wall Street Journal:
Jonathan Vanian / CNBC:
Microsoft says an issue that impacted a subset of Microsoft 365 and Azure services for several hours on October 29 has now been mitigated  —  Microsoft was hit with outages in its Azure cloud and 365 services on Wednesday, hours before the company's scheduled earnings release.
Financial Times:
Cursor:
Cursor launches Cursor 2.0, with its first coding model, Composer, that it says is 4x faster than similar models, and a multi-agent interface  —  Today, we're releasing two big updates that make Cursor the best place to work with agents: our first coding model, Composer, and a new interface for working with many agents in parallel.
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 …
Alex Heath / Sources:
Sources: YouTube reorganizes its leadership team, with three product teams reporting to CEO Neal Mohan, and announces a “voluntary exit program” for US staff  —  Neal Mohan's internal memo about YouTube's “next frontier” and opt-in layoffs.  —  ∙ Paid
Greg Otto / CyberScoop:
A former L3Harris executive pleads guilty in a US district court to selling eight zero-day exploits to a Russian broker in exchange for millions of dollars  —  An ex-L3 Harris executive pleaded guilty to two counts of theft of trade secrets Wednesday, admitting to selling eight zero-day exploits …
Abner Li / 9to5Google:
Google starts rolling out the Gemini for Home voice assistant in early access in the US, on Nest devices set to English  —  Google is beginning to roll out the Gemini for Home voice assistant in the US for devices set to English on all Nest speakers and displays from the past decade.
Katherine Sayre / Wall Street Journal:
UMG partners with AI music generator Udio to launch a subscription service for creating music with licensed songs in 2026, in part to settle a copyright lawsuit  —  Udio agrees to launch a new subscription service for fans to create music based on licensed songs

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Earlier Picks

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