| Meta: |
Meta reports Q3 revenue up 26% YoY to $51.2B vs. $49.4B est., net income down 83% to $2.7B, family DAP up 8% to 3.54B for September; META drops 8%+ after hours — Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter ended September 30, 2025.| Jaspreet Singh / Reuters: |
| Jonathan Vanian / CNBC: |
| Alphabet: |
Alphabet reports Q3 revenue up 16% YoY to $102.35B, vs. $99.89B est., Cloud revenue up 34% to $15.16B, net income up 33% to $34.98B; GOOG jumps 5%+ after hours — Alphabet Announces Third Quarter 2025 Results| Todd Spangler / Variety: |
Alphabet reports YouTube's Q3 ad revenue rose 15% YoY to $10.26B, vs. $10.01B est., and Google's advertising revenue reached $74.18B, up from $65.85B a year ago — YouTube, the internet's biggest video streaming platform, continues to flex its muscles as an advertising powerhouse … | Jennifer Elias / CNBC: |
| Microsoft: |
Microsoft reports Q1 revenue up 18% YoY to $77.7B, vs. $75.3B est., net income up 12% to $27.7B, and More Personal Computing revenue up 4% to $13.8B — Microsoft Cloud and AI Strength Drives First Quarter Results REDMOND, Wash. — October 29, 2025 — Microsoft Corp. today announced … | Jonathan Vanian / CNBC: |
Microsoft says Microsoft 365 and Azure services using Azure Front Door are experiencing issues since around 12pm ET on Wednesday, and recovery is progressing — Microsoft was hit with outages in its Azure cloud and 365 services on Wednesday, hours before the company's scheduled earnings release.| Wall Street Journal: |
Sources: OpenAI's restructuring, approved by California's AG, paves the way for an IPO as soon as 2027; Sam Altman says an IPO is likely but gave no timeframe — Company assured state officials that it would stay in California as it continues global expansion, which could include a public offering as soon as 2027| Reuters: |
Sources: OpenAI is preparing for an IPO that could value it at ~$1T and has looked at 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 … | Financial Times: |
Nvidia becomes the world's first $5T company after closing up 3% on Wednesday, having hit a $4T market cap in July; NVDA is up about 90% in the past six months — US chip giant's stock propelled by strong sales of AI systems and prospect of access to China| 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.| 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 L3 Harris 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 … | 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.| MacKenzie Sigalos / CNBC: |
Amazon opens Project Rainier, an $11B AI data center on 1,200 acres in Indiana that trains and runs Anthropic's AI models using 500K+ Amazon Trainium 2 chips — NEW CARLISLE, Indiana — A year ago, it was farmland. Now, the 1,200-acre site near Lake Michigan is home to one of the largest operational AI data centers in the world.| Sara Fischer / Axios: |
Apollo Global reaches a deal to sell AOL to Bending Spoons, sources say in a deal valued at ~$1.5B; AOL has about 30M MAUs across its email and web properties — Apollo Global Management has reached a deal to sell AOL to Italian tech holding group Bending Spoons in a deal valued at roughly $1.5 billion, Axios has learned.| Cristina Criddle / Financial Times: |
Character.ai plans to limit under-18s to two hours of conversations per day, gradually reducing the time limit before banning them completely from November 25 — Move comes following growing public and regulatory scrutiny over safety of the technology for young users| Jess Weatherbed / The Verge: |
YouTube is using AI to upscale videos uploaded at between 240p and 720p to “HD” and plans to offer 4K upscaling “in the near future”; users can opt out — The platform is optimizing its TV experience with new resolution upscaling and shopping features.| Fortune: |
Sources: Mastercard is in late-stage talks to acquire the crypto and stablecoin infrastructure startup Zerohash for between $1.5B and $2B — Mastercard's stock has moved in response to reports of stablecoin interest from banks and large merchants like Amazon and Walmart.| Bloomberg: |
Etsy appoints Chief Growth Officer Kruti Patel Goyal as its new CEO, starting January 1, 2026, replacing Josh Silverman after eight years in the role — Online marketplace Etsy Inc. will elevate Chief Growth Officer Kruti Patel Goyal to the CEO job, entrusting the company veteran with navigating … | Dee-Ann Durbin / Associated Press: |
Uber plans to launch its first robotaxi in the San Francisco Bay Area in late 2026, built on Lucid's Gravity SUV, after testing 100 cars in the coming months — Add AP News on Google Add AP News as your preferred source to see more of our stories on Google. Share| Pooja Rajkumari / TheStreet: |
Crypto media company Blockworks is closing its newsroom, launched in 2021, and will focus on software and data, continuing its main newsletters and podcasts — Founded in 2017, the crypto media outlet says the move marks the next phase of its growth. — Blockworks, a leading crypto media company … | Wall Street Journal: |
Amazon, UPS, Target, GM, and other major US companies are laying off tens of thousands of white collar workers, as executives hope AI can handle their workload — Layoffs at companies ranging from Amazon to Target are sending young and experienced workers alike into an unwelcoming market| Lucinda Shen / Axios: |
Sources: Consensys, maker of crypto wallet MetaMask, plans to go public, with JPMorgan and Goldman Sachs leading its IPO; Consensys was valued at $7B in 2022 — Crypto company Consensys has picked JPMorgan and Goldman Sachs to lead its IPO, Axios Pro has learned.| Karissa Bell / Engadget: |
Mark Zuckerberg says Threads has 150M DAUs, up from 100M+ in December 2024, and Meta has rolled out ads globally in the Threads feed with plans to add video ads — Ads in the Threads feed have rolled out globally and video ads are on the way. — Threads has grown to 150 million daily active users.| Maggie Eastland / Bloomberg: |
Jensen Huang says the US needs “finesse” to maintain its AI lead over China and Nvidia is an “awkward place” as President Trump meets Xi Jinping later this week — Nvidia Corp. Chief Executive Officer Jensen Huang said that maintaining the US edge in artificial intelligence … | Bloomberg: |
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