IT industry & companies
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- IT industry & companies · Artificial intelligence
Alphabet shares tumble after Q3 report
Shares fell over 11 percent after Google disclosed that its AI search features earn less than its traditional search ad model. More than $500 billion in market value was wiped out, despite quarterly revenue of $127.6 billion.
Full story at Futurism ↗ - IT industry & companies
Toyota and Waymo deepen self-driving partnership
The companies will begin scaling a fleet of Toyota bZ4X autonomous vehicles in Japan in 2027. This paves the way for the country's first domestically manufactured fully autonomous ride-hailing service.
Full story at Waymo ↗ - IT industry & companies
Microsoft prices a $25 billion note offering
Microsoft announced the pricing of $25 billion in senior unsecured notes. The offering includes floating and fixed rate tranches, with maturities including November 2028 and 2029.
Full story at news.microsoft.com ↗ - Artificial intelligence · IT industry & companies
Google says AI Mode ads earn less
Google executive Philipp Schindler said ads in AI Mode have lower monetization than traditional search ads. This raises concerns about the profitability of Google's AI-driven search.
Full story at seroundtable.com ↗ - Chips & hardware · IT industry & companies
Fully specced Mac Studio nears $45K in Canada
Apple's maxed-out Mac Studio configuration costs $44,898.98 in Canada. Rising memory and component prices, partly driven by AI data center demand, are pushing up costs.
Full story at MobileSyrup ↗ - IT industry & companies · Artificial intelligence · Cloud & data centers
Google shares drop as search growth disappoints in earnings
Cloud revenue more than doubled to $30.7 billion, but search revenue grew only 12 percent. Google acknowledged that AI mode earns less than traditional search.
Full story at The Decoder ↗ - IT law & regulation · IT industry & companies · Open source · Artificial intelligence
US Justice Department examines Nvidia's Hugging Face deal
The US Justice Department is looking into Nvidia's planned acquisition of the open-source platform Hugging Face. Nvidia's sales practices are also being scrutinized, per the headline.
Full story at The Decoder ↗ - Smartphones & apps · IT law & regulation · IT industry & companies
Apple cuts its Taiwan App Store commission to 26 percent
From October 31, Apple lowers its Taiwan commission from 30 to 26 percent after talks with the Taiwan Fair Trade Commission. Developers do not need to sign updated terms to get the rate.
Full story at MacRumors ↗ - Cloud & data centers · IT industry & companies
Microsoft reports accelerating cloud growth
Microsoft Cloud revenue surpassed $63B, according to the post. Growth accelerated to 30% year over year.
Full story at news.microsoft.com ↗ - Chips & hardware · IT industry & companies
Apple's Ternus explains the MacBook Pro touch screen
Apple CEO John Ternus told Wired the Mac remains primarily an indirect input device built around trackpad and keyboard. Touch was added once it would not make the product heavier or thicker.
Full story at MacRumors ↗
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