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October 30, 2024, 4:35 AM
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Alphabet:
Alphabet reports Q3 revenue up 15% YoY to $88.27B, Search revenue up 12%, net income up 34%, and traffic acquisition costs up 9%; GOOG jumps 5%+ pre-market  —  MOUNTAIN VIEW, Calif. - October 29, 2024 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended September 30, 2024.
Jay Peters / The Verge:
Sundar Pichai says “more than a quarter of all new code at Google is generated by AI, then reviewed and accepted by engineers”  —  Google is building a bunch of AI products, and it's using AI quite a bit as part of building those products, too.  “More than a quarter of all new code …
Jennifer Elias / CNBC:
Google Cloud Q3 revenue grew 35% YoY to $11.4B, vs. $10.88B est., led by accelerated growth in AI Infrastructure, Generative AI Solutions, and core GCP products
Todd Spangler / Variety:
YouTube Q3 ad revenue grew 12.2% YoY to $8.92B, vs. $8.89B est.; total ads and subscription revenues passed $50B over the past four quarters for the first time
Chris Welch / The Verge:
Apple updates the Mac mini with a smaller design, five USB-C ports, and up to 64GB of RAM, shipping from November 8 for $599+ with M4 and $1,399+ with M4 Pro  —  As part of the company's week of Mac-focused announcements, Apple has just introduced a smaller, yet even more powerful Mac Mini.
More: Apple on YouTube, Apple, 9to5Mac, Benzinga, MacRumors, AppleInsider, The Hindu, MacRumors, Boing Boing, Tom's Guide, MySmartPrice, Six Colors, TweakTown, Daring Fireball, 9to5Mac, Max Tech on YouTube, Gearrice, Inc, Appleosophy, Brian Tong on YouTube, Press Start, iClarified, Business Today, Laptop Mag, Pocket-lint, TechRepublic, KnowTechie, TechPowerUp, TechSpot, Six Colors, TechRadar, Gizmochina, ZDNET, TidBITS, HotHardware, Mashable, XDA Developers, MacRumors, MacRumors, The Apple Post, AppleInsider, 9to5Toys, Cult of Mac, Trusted Reviews, PC Guide, Computerworld, SlashGear, BGR, BetaNews, VideoCardz.com, CNET, Digital Photography Review, ExtremeTech, Wccftech, KitGuru, Macworld, GSMArena.com, Tom's Hardware, Lifewire, Business Standard, PetaPixel, WinBuzzer, Hindustan Times, Redmond Pie, Liliputing, MobileSyrup, BNN Bloomberg, Thurrott, Android Headlines, The Indian Express, The Verge, Gizmodo, MacRumors, Stuff, AppleInsider, Wired, Engadget, CNBC, and TechCrunch
Threads: @firstadopter and @stephenrobles.  Mastodon: @marcoarment@mastodon.social
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Forums: r/sffpc, r/gadgets, r/headphones, r/macmini, and r/mac
Benjamin Mayo / 9to5Mac:
Apple debuts the M4 Pro: Thunderbolt 5, up to a 14-core CPU, up to a 20-core GPU with up to 2x an M4 GPU's power, a 16-core Neural Engine, and up to 64GB of RAM
Tom Warren / The Verge:
GitHub says Copilot will support Anthropic, Google, and OpenAI models, unveils an AI tool to build micro web apps called Spark, Copilot for Xcode, and more  —  GitHub is going multi-model for its Copilot code completion and programming tool.  Developers will soon be able to choose models from Anthropic …
The GitHub Blog:
Contributions to generative AI projects on GitHub grew 59% YoY between October 2023 and September 2024 and Python topped 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.
Jason Koebler / 404 Media:
Elon Musk's PAC sends Republicans texts impersonating Kamala Harris that push policies Harris doesn't support, without disclaimers, and ups its social ad spend  —  An Elon Musk-funded super PAC has expanded an advertising campaign in which it is impersonating Democrats and targeting registered Republicans …
Tess Owen / Wired:
TTP data: US anti-government militia activity has grown on Facebook, with the platform even auto-generating some group pages, despite users flagging the issue  —  Ahead of the election, anti-government militias are using Facebook to recruit, coordinate training, and promote ballot box stakeouts.
Arsheeya Bajwa / Reuters:
AMD reports Q3 revenue up 18% YoY to $6.82B vs. $6.71B est., Data Center revenue up 122% to $3.5B, and Q4 revenue forecast below est.; AMD drops 7%+ pre-market  —  Advanced Micro Devices (AMD.O) on Tuesday forecast fourth-quarter revenue just shy of estimates as supply chain constraints hamper …
Jonathan Vanian / CNBC:
Reddit reports Q3 revenue up 68% YoY to $348.4M, vs. $312.8M est., DAUs up 47% YoY to 97.2M, vs. 96.5M est., ARPU of $3.58, vs. $3.24 est.; RDDT jumps 24%+  —  Reddit shares jumped 22% in extended trading Tuesday, topping $100 for the first time, after the social media company reported third-quarter results …
Reuters:
Sources: OpenAI has been working for months with Broadcom on its first in-house AI chip, for inference, built by TSMC, and has dropped its foundry plans for now  —  OpenAI is working with Broadcom (AVGO.O) and TSMC (2330.TW) to build its first in-house chip designed to support …
Reuters:
Dozens of sources share how Intel CEO Pat Gelsinger fumbled the company's revival, including offending TSMC with Taiwan comments and losing a deep TSMC discount  —  Pat Gelsinger took the reins as Intel (INTC.O) CEO three years ago with hopes of reviving the American industrial icon.

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From Mediagazer

New York Times:
WaPo begins widespread layoffs, cutting into international coverage and more; sources: it is laying off 30% of its employees, including 300+ of 800 journalists

Allie Canal / NBC News:
Trump says he will stay out of the Netflix-Paramount battle over WBD, a reversal from his December statement that he would be involved in the approval process

Katie Robertson / New York Times:
NYT reports adding 450K digital subscribers in Q4 and 1.4M in 2025 for 12.78M in total, putting it on a pace to reach its stated goal of 15M by the end of 2027

More News

Bailey Lipschultz / Bloomberg:
Trump Media & Technology Group stock rose 8.8% on October 29, pushing its five-week rally to 324%, adding $7.9B+ in market cap; Trump's stake is now worth ~$6B

Earlier Picks

Pritam Biswas / Reuters:
MetaMask crypto wallet maker Consensys is cutting 162 staff, or ~20% of its workforce, citing broader macroeconomic pressures and ongoing regulatory challenges
Ingrid Lunden / TechCrunch:
LinkedIn launches Hiring Assistant, an AI agent designed to take on a wide array of recruitment tasks, like sourcing candidates, to a select group of customers
Ben Thompson / Stratechery:
Why Meta is well positioned to be AI's main beneficiary in the short, medium, and long term: generative AI, ads, infinite content, XR, “generative UI”, and more
Washington Post:
An analysis of the top 100 US congressional X accounts: since July 2023, Republicans had nearly all the posts with 20M+ views and saw bigger gains in followers
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