Internet/e-commerce

Amazon CEO Andy Jassy says the 14,000-person layoffs were due to “culture” and “removing layers” from its internal structure, not really AI or financial factors (www.geekwire.com)
27 days ago Amazon AI Layoffs

Filing: Gloo, a developer of AI tools for Christian churches with ex-Intel CEO Pat Gelsinger as its head of technology, seeks an $873.4M valuation in its US IPO (www.reuters.com)
27 days ago Intel IPO AI

Secret details of Israel's mammoth deal with Google and Amazon revealed – media (www.rt.com)
27 days ago Israel Google Amazon

Google Shows Off Prototype Android XR Glasses From Extended Magic Leap Deal (tech.slashdot.org)
27 days ago Android Google

'Keep Android Open' Campaign Pushes Back On Google's Sideloading Restrictions (tech.slashdot.org)
27 days ago Android Google

Amazon reports a $9.5B pre-tax gain from its investment in Anthropic, which was included in the company's non-operating income for Q3 (www.geekwire.com)
27 days ago Amazon Tax

Israel Demanded Google and Amazon Use Secret 'Wink' To Sidestep Legal Orders (tech.slashdot.org)
27 days ago Israel Google Amazon

Sources: Intel is in early-stage talks to acquire AI chip startup SambaNova, with a deal likely valuing SambaNova below its $5B valuation in 2021 (www.bloomberg.com)
27 days ago Intel Startup AI

Amazon reports Q3 ad revenue up 24% YoY to $17.7B, vs. $17.3B est., and subscription services revenue up 11% YoY to $12.6B (www.thewrap.com)
27 days ago Amazon

Netflix announces a 10-for-1 stock split, after its shares boomed over the last three years to above $1,000 a share (www.cnbc.com)
27 days ago Netflix

Reddit reports Q3 revenue up 68% YoY to $585M, vs. $546M est., and daily active uniques up 19% to 116M, vs. 114M est.; RDDT jumps 5%+ after hours (www.cnbc.com)
27 days ago Reddit

Amazon reports Q3 AWS revenue up 20% YoY to $33B, vs. $32.42B est., and AWS operating income up 9.5% YoY to $11.4B (www.cnbc.com)
27 days ago Amazon

Amazon reports Q3 revenue up 13% YoY to $180.2B, a $21.2B net income vs. $15.3B in Q3 2024, and operating income flat at $17.4B; AMZN jumps 10%+ after hours (www.businesswire.com)
27 days ago Amazon

Google Makes First Play Store Changes After Losing Epic Games Antitrust Case (tech.slashdot.org)
27 days ago Google

International Criminal Court To Ditch Microsoft Office For European Open Source Alternative (news.slashdot.org)
27 days ago Europe Microsoft Open Source

The ICC plans to switch from Microsoft Office to Open Desk, a European open source alternative, amid concerns about public bodies' reliance on US tech companies (www.euractiv.com)
27 days ago Europe Microsoft

CISA and NSA share tips on securing Microsoft Exchange servers (www.bleepingcomputer.com)
27 days ago Microsoft

Google To Offer Free Gemini AI Pro, 2TB Storage To India's 505 Million Reliance Jio Users (tech.slashdot.org)
27 days ago India Google AI

Google partners with Reliance to offer free AI Pro access to Jio 5G users in India for 18 months; Perplexity has a similar deal with Bharti Airtel (techcrunch.com)
27 days ago India Google AI 5G

Microsoft promises more Copilot features in Microsoft 365 companion apps (www.bleepingcomputer.com)
27 days ago Microsoft

Netflix, Anthropic, and others are paying researchers up to $25K to find and report flaws; HackerOne paid a record $81M in rewards in the past year, up 13% YoY (www.bloomberg.com)
27 days ago Netflix

Google, Meta, and Microsoft collectively spent nearly $80B on AI infrastructure in Q3, dividing the market on whether they can translate huge capex into income (www.ft.com)
27 days ago Google Microsoft AI

Ex-Intel CEO's Mission To Build a Christian AI (slashdot.org)
28 days ago Intel AI

Google updates Play Store policy in the US to let developers link to external app stores and payment options, following the Epic v. Google injunction (www.androidauthority.com)
28 days ago Google

Disney and YouTube settle their legal dispute over YouTube's hiring in May of former Disney executive Justin Connolly to be global head of media and sports (deadline.com)
28 days ago YouTube

Microsoft reports Q1 gaming revenue down 2% YoY to $5.51B, Xbox hardware revenue down 29%, and Xbox content and services revenue up 1% (variety.com)
28 days ago Microsoft Xbox

Microsoft's OpenAI investment resulted in a $3.1B hit to Q1 net income; Productivity and Business Processes revenue, with Office and LinkedIn, grew 17% to $33B (www.cnbc.com)
28 days ago Microsoft LinkedIn

Microsoft reports Q1 Azure and other cloud services revenue up 40% YoY, vs. 38.4% est., and capital expenditures at $34.9B, vs. $30.34B est. (www.reuters.com)
28 days ago Microsoft

eBay reports Q3 revenue up 9% YoY to $2.82B, vs. $2.73B est., GMV up 10% to $20.1B, and forecasts Q4 profit below estimates; EBAY drops 6%+ after hours (www.bloomberg.com)
28 days ago eBay 4Q

Sources: YouTube reorganizes its leadership team, with three product teams reporting to CEO Neal Mohan, and announces a “voluntary exit program” for US staff (sources.news)
28 days ago YouTube

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