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Meta Earnings Show Revenue Increase, Even as Spending Spree Continues
The Silicon Valley company, which owns Facebook, Instagram and WhatsApp, said it does not plan to slow down its investments anytime soon.Business - The New York Times - October 31 -
Microsoft Shares Slip as Forecast Sparks Concern About AI and Cloud Revenue
The company’s projection points to less growth than anticipated, causing concern about the payoff for its massive AI investment.Business - The Wall Street Journal - October 31 -
Uber reports third-quarter results that beat Wall Street's revenue expectations
Uber reported third-quarter results Thursday that beat analysts' expectations for revenue.Business - CNBC - October 31 -
Uber shares slide on slowing bookings growth
Forecast for customer spending on ride-hailing app fell slightly short of Wall Street’s estimatesBusiness - Financial Times - October 31 -
Amazon reports boost in quarterly profits, exceeds revenue estimates as it invests in AI
Amazon reported a boost in its quarterly profits Thursday and exceeded revenue estimatesTech - ABC News - October 31 -
Apple cautious on holiday outlook as it starts AI rollout
Shares fall despite solid earnings as analysts weigh impact of new ‘Apple Intelligence’ featuresBusiness - Financial Times - 6 days ago -
AI demand drives growth and higher spending at Amazon’s cloud business
Ecommerce company’s shares rise as it also gives an upbeat forecast for the holiday quarterBusiness - Financial Times - October 31 -
Universal Music Revenue Beats Forecasts Amid Subscriptions Boost
Universal Music Group posted higher revenue after growth from subscriptions and streaming services exceeded analysts’ expectations.Business - The Wall Street Journal - October 31 -
Musk has parked his Tesla on the White House lawn
The opinionated billionaire is not on the ballot, but he has turned the US election into an effective pulpitBusiness - Financial Times - 3 days ago -
What will happen to Trump’s criminal cases if he wins?
Historic indictments against the former president will be derailed — or disappear entirely — if he returns to the White HouseBusiness - Financial Times - 3 days ago -
BT says UK Budget will lift costs by £100mn as it lowers revenue guidance
Chief executive Allison Kirkby calls increase a ‘new inflationary pressure that we need to suffer in our business’World - Financial Times - 12 hours ago -
Unity beats guidance with Q3 revenues of $429M, down 2%
Unity reported that its third-quarter revenues and adjusted profits beat expectations, with revenue falling 2% to $429 million.Tech - VentureBeat - 3 hours ago -
Phunware narrows third-quarter loss amid revenue decline
Phunware Inc. reported a narrowed loss in the mobile-advertising company’s third-quarter results after market close Thursday, although net revenue declined sharply from the same period last year.Business - MarketWatch - 2 hours ago -
Sleep perfectionists: the exhausting rise of orthosomnia
The UK sleep-tracker industry is estimated to be worth £270m a year – and forecast to double by 2030. Could all this data be making our insomnia worse?. The other day, I was plodding away on the ...World - The Guardian - October 15 -
American interest rates need to rise
Lessons for the US from the Brazilian canary in the coal mineWorld - Financial Times - October 15 -
The swift rise of AI celebrity endorsements
AI-generated images of celebrities endorsing political candidates are on the rise. Here's how to spot them.Top stories - CBS News - October 16 -
The year's brightest supermoon is rising this week
Get ready to look up for the year’s biggest and brightest supermoon. And it's pairing up with a comet for a rare stargazing two-for-one.Politics - The Hill - October 16