157 place 0 fresh
The cloud over Amazon is lifting. The e-commerce and cloud giant reported Thursday that its cloud unit, Amazon Web Services, accelerated revenue growth by nearly 3 percentage points to 20% in the third quarter, its fastest rate of expansion since the end of 2022. That means AWS, by far the biggest of the major cloud firms, has joined its nearest rivals, Microsoft Azure and Google Cloud, in showing accelerating growth. The news sent Amazon stock, the worst-performing big tech stock this year, shooting up 13%
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The Information
In his first X post since 2023, Michael Burry of "The Big Short" fame wrote that during some bubbles, the "only winning move is not to play." Read more âș
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A number of US government agencies are backing a potential move by the Commerce Department to ban TP-Link routers, according to The Washington Post. Multiple sources familiar with internal deliberations spoke with the publication on the condition of anonymity, including a former senior Defense Department official. A months-long interagency process involving the Departments of Homeland Security, Justice and Defense took place this summer to consider the sweeping move. Investigations into... Read more âș
603
Sam Altman posted on X asking Tesla for a refund after waiting years for a Roadster that still hasn't been built. Read more âș
577 fresh
CEO Andy Jassy clarifies Amazon's 14,000 job cuts were due to cultural misalignment, not cost or AI. Read more âș
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CEO Andy Jassy told investors on Thursday that the cuts were based on âculture.â Read more âș
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Keira Knightley says she's "tried to get as much work" as she can in London for the sake of her family. Read more âș
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Cybersecurity experts say that all routers hold surveillance and data collection risks. Read more âș
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Apple is currently beta testing iOS 26.1, which will be the first major update to the iOS 26 operating system. It's not going to bring the new version of Siri that we've been waiting for, but it does include useful new features and interface changes. We're nearing the end of the beta testing process, and iOS 26.1 could be released early next week. We've rounded up all of the new... Read more âș
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A new ICE proposal outlines a 24/7 transport operation run by armed contractorsâturning Texas into the logistical backbone of an industrialized deportation machine. Read more âș
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Mark Zuckerberg lost about $29.2 billion as Meta's AI spending spooked investors, knocking him two spots down on Bloomberg's Billionaires Index. Read more âș
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Raising his son in Bangkok, Duncan Forgan feels too Scottish to be local â and too foreign to be fully Scottish. Read more âș
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Travel software firm Navan, which weathered a pandemic, name change and government shutdown on its path to an initial public offering, had a disappointing start as a public company. Shares fell 20% on the first day. Its earliest investors still made big gains on paper though. Investor Oren Zeev and his affiliated funds, which invested $150 million starting with Navanâs seed round in 2015, had about a $1 billion stake... Read more âș
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Several US agencies have reportedly backed a proposal to impose a ban on the sale of TP-Link routers in the country. Read more âș
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Get 15% off with Dyson coupon code, plus save up to $290 on vacuums, Airwraps, and more. Read more âș
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SNAP benefits are set to run out on Saturday. Far-right influencers and extremists are incorrectly claiming that immigrants are the main recipients of food stamps. Read more âș
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As chatbots rise in popularity, some people are choosing to dress as them for Halloween, with Google searches spiking for "ChatGPT costume." Read more âș
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Ofcom chief Melanie Dawes reveals she held meetings with US AI firms over Online Safety Act Read more âș
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Apple CEO Tim Cook recently told CNBC's Steve Kovach that a more personalized Siri remains on track to launch at some point next year, with the new set of features expected to debut on the iPhone as part of iOS 26.4 in March. Cook shared this comment as Apple reported record earnings results for the third quarter of 2025. Apple first announced the personalized Siri features during its WWDC 2024... Read more âș
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Fed chair Jerome Powell made some on Wall Street uneasy when he signaled that another rate cut was no guarantee when the Fed meets again. Read more âș
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Researchers used supramolecular nanoparticles to repair the brainâs vascular system and reverse Alzheimerâs in mice. Instead of carrying drugs, the nanoparticles themselves triggered natural clearance of amyloid-ÎČ proteins. This restored blood-brain barrier function and reversed memory loss. The results point to a revolutionary new path for treating neurodegenerative diseases. Read more âș
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The Information
Things have never been better for Shopify. The e-commerce firmâs stock is trading near all-time highs. And a recent deal with OpenAI has put Shopify in a position to capitalize on AI-fueled shopping by easily allowing its merchants to sell products through ChatGPT. And yet Shopify is seeing the kind of executive turnover normally associated with companies that are struggling. Read more âș
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This summer, Fidji Simo wasted no time addressing a concern among many at OpenAI. Leading her first all-hands meeting as the startupâs new CEO of applications, she acknowledged that she and many others at OpenAI shared the same background: Theyâd previously worked at Meta Platforms. And then Simo, whoâd risen to be head of Facebook over a decade at Meta, offered reassuranceâshe wasnât interested in redoing her tenure at Meta... Read more âș
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Treasury Secretary Scott Bessent said Sunday that President Donald Trump and Chinaâs leader, Xi Jinping, could this week âconsummateâ a long-anticipated deal to keep TikTok operating in the U.S., as the leaders prepare to meet Thursday in South Korea. President Trump recently ... Read more âș
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SoftBank is set to complete its $30 billion investment in OpenAI, after its board approved a $22.5 billion second installment on the deal, The Information reported. The remainder of its investment is contingent on OpenAIâs corporate restructuring, which would pave the way for a public offering ... Read more âș
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Payments tech giant Fiservâs stock collapsed 45% on Wednesday morning after the company slashed its revenue growth outlook for 2025 and announced a management shakeup. Fiserv, whose Clover payments service competes with companies such as Square, reported 1% revenue growth for the third quarter ... Read more âș
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Defense tech company Anduril expects to burn through $800 million to $900 million in cash this year in an aggressive bid to win giant Pentagon contracts. Investors big and small are unperturbed, lining up to back the fast-growing seller of drones, missiles and border surveillance towers. The company appears to be the most coveted stock in the private markets, with small investors on the secondary market willing to pay nearly... Read more âș
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Microsoft last year got more aggressive about getting people to pay up for artificial intelligence features in its Office productivity suite, such as those that draft emails or summarize documents. It began including AI features by default and raising the baseline price of Office for individual consumers by 30%. The maneuver paid off, as revenue from that business line has been growing at its fastest rate in years. Read more âș
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Netflixâs quarterly earnings reports have lately lacked the drama that once made the updates a must-watch for investors and reporters. For the past eight quarters, the video streamer has routinely posted quarterly revenue growth averaging around 15%âhardly hypergrowth but a big improvement on the 2% to 4% growth rate it recorded between late 2022 and late 2023. Nowadays the results are so predictable that it would be easy to tune... Read more âș
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A memo from Californiaâs attorney general suggested that Elon Muskâs federal lawsuit against OpenAI will be unaffected by the artificial intelligence startupâs restructuring. But now that the restructuring has occurred, it may be hard to unwind the change even if Musk wins. Both the attorneys ... Read more âș
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The tech rivalry with the U.S. has made China take an unusual step: It is accelerating the pace at which startups go public in hopes of increasing investment in the tech sector. In recent months, securities regulators in China approved the public listings of two chip designers, MetaX and Moore Threads, in less than three months. Chinese regulators typically take a year to approve the public listing of a company.... Read more âș
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Most popular sources
Business Insider
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25% 4 |
Engadget
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11% 9 |
Tom's Hardware
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9% 8 |
Wired
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7% 5 |
Gizmodo
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7% 0 |
| View sources » | |
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31.10.2025 03:42
Last update: 03:35 EDT.
News rating updated: 09:31.
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