Reddit’s stock surged more than 20% in after hours trading, as the company reported 61% increase in revenue to $392.4 million. Still, this was a slowdown in growth from last quarter, where revenue grew 71% year over-year-year. Net income was $26.2 million, which compares to a loss in the first ... Read more ›
0
The market value of the stablecoin launched by President Donald Trump’s World Liberty Financial crypto venture rose to $2.1 billion on Thursday from $130 million three days ago after a Middle East sovereign wealth fund used the token to pay for its investment in crypto exchange Binance. The ... Read more ›
0
Livestream shopping, while popular in Asia on apps like ByteDance-owned Douyin and Alibaba’s Taobao Live, has been hard for most U.S.-focused startups and creators to crack. Shoppers have been slow to grow comfortable buying stuff on livestreams, while retailers haven’t devoted much time and money to changing existing consumer habits. Whatnot is proving to be a major exception. The app, which started in 2019 as a way for users to... Read more ›
18
Apple reported 5% higher revenue of $95.4 billion for the March quarter, thanks to a 2% lift in iPhone revenues and a 12% increase in services revenue. Apple’s net income rose 5% to $24.78 billion. Apple shares were trading down 2.5% in after-hours trading. The slight increase in the iPhone ... Read more ›
0
Amazon reported largely steady results for the first quarter of 2025, including 9% overall revenue growth to $155.7 billion. The company also projected sales growth of 7% to 11% for the second quarter. Amazon’s first quarter North America sales, which include e-commerce but excludes Amazon Web ... Read more ›
0
Roku is buying Frndly TV, a subscription video streaming service that offers live cable TV channels including A&E, Hallmark and Lifetime, for $185 million in cash. Roku said the move is in part to help drive “Roku-billed subscriptions” on its streaming TV operating system. The acquisition of ... Read more ›
0
Microsoft is preparing to add Grok, the artificial intelligence model developed by Elon Musk’s xAI, as an option for customers of its Azure cloud computing platform, The Verge reported on Thursday. Microsoft did not immediately provide a comment. The move would further expand Microsoft’s ... Read more ›
1
Artificial intelligence–assisted coding firms are some of the hottest startups in Silicon Valley right now, drawing attention from OpenAI, among others. Amazon Web Services sees an opportunity. AWS is working on its own AI-assisted coding service that offers features similar to those from startups Anysphere, which makes Cursor, and Windsurf, according to two people with direct knowledge of the matter. These include the ability to analyze developers’ code to understand... Read more ›
20
Earlier this year, Microsoft stopped trying to convince consumers to pay extra for artificial intelligence features in its popular Office 365 software, instead opting to add the AI features by default while increasing the lowest price of the software by 30%. That strategy is showing early signs of wringing a few extra bucks out of individual Office customers.Revenue from consumer subscriptions to Office 365 rose 10% in the three months... Read more ›
48
Among tech companies, robotics companies are particularly vulnerable to tariff hikes, given that many robot parts come from China. The import taxes mean higher costs that robotics firms will have to either absorb or pass on to customers—a setback to their business either way. But a number of startups that employ overseas workers to control robots in U.S. facilities are hopeful the changes could actually boost demand from U.S. manufacturers.... Read more ›
0
Microsoft is significantly increasing the cost of its Xbox consoles, controllers, and some games as tariffs imposed by President Donald Trump drive up the cost of electronics manufacturing. Microsoft said in a statement that the cost increases, which amount to a more than 20% markup for its most ... Read more ›
0
Fundraising is picking up among crypto venture funds after two dismal years, as investors hope to profit from the friendly regulatory environment under President Donald Trump. The rebound is likely to be modest because venture capital funds are no longer the only game in town for big investors who want crypto exposure. Crypto VC funds are on track to raise nearly $4 billion in the coming months, which would top... Read more ›
63
Tesla’s board of directors about a month ago contacted several executive search firms to assist with a formal search for a replacement for Elon Musk as Tesla’s CEO, The Wall Street Journal reported. Eventually, the board focused on working with a single search firm, The Journal reported, though ... Read more ›
0
In a blistering ruling, a federal judge accused Apple of defying an earlier decision in a longrunning antitrust case related to its App Store policies and asked federal prosecutors to investigate whether criminal contempt charges against the company are merited. Judge Yvonne Gonzalez Rogers of ... Read more ›
1
When it comes to artificial intelligence, Mark Zuckerberg is not holding back. Meta Platforms revealed Wednesday it was raising its projected capital spending for this year to as high as $72 billion, from a previous high of $65 billion outlined in January. If Meta spent at the upper level of its new projection, its capital outlays this year would be 84% above what it spent last year. It would also... Read more ›
0
Earnings season is in full swing, but one of the most telling comments about the state of social media today came from courtroom testimony highlighting a persistent challenge facing TikTok—and a perennial strength for Meta Platforms’ apps. Adam Presser, TikTok’s head of U.S. operations and trust and safety, told a judge that only a “very minuscule” percentage of time— just about 1%— is spent on TikTok’s Friends tab, which shows... Read more ›
0
Glean, a startup that builds search chatbots for businesses, is in advanced talks to raise a new financing round led by asset manager Wellington Management that would value the startup at about $7 billion, two people familiar with the matter said. The deal would indicate investors are still ... Read more ›
9
Glean, a startup that builds search chatbots for businesses, is in advanced talks to raise a new financing round led by asset manager Wellington Management that would value the startup at about $7 billion, two people familiar with the matter said. The deal would indicate investors are still ... Read more ›
9
Amazon is planning to open dozens of new warehouses over the next 18 months to handle deliveries to rural areas, the company announced on Wednesday. The company is planning to triple the size of its rural delivery network by the end of 2026, bringing the total number of rural delivery stations ... Read more ›
0
Stablecoin provider Circle rejected a takeover offer from crypto company Ripple valued at $4 billion to $5 billion, Bloomberg reported. Ripple is still interested in Circle but hasn’t decided whether to make another offer. Circle remains focused on pursuing an initial public offering that it ... Read more ›
2
Most popular sources
Business Insider
|
43% 29 |
Tom's Hardware
|
30% 9 |
Mashable
|
5% 3 |
Slashdot
|
4% 1 |
Android Authority
|
2% 2 |
| View sources » | |
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10.11.2025 02:44
Last update: 02:30 EDT.
News rating updated: 09:30.
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