LinkedIn's Q2 revenue rose 11% YoY, topping $5B for the first time, giving it a $20B+ annual run rate; Satya Nadella says LinkedIn paid video ads grew 30% YoY
Todd Bishop /GeekWire:
Amazon's AGI team lead, Rohit Prasad, is leaving at the end of 2025; AWS SVP Peter DeSantis will lead a group combining AI, silicon, and quantum computing teams
Todd Bishop / GeekWire :
Amazon expands its low-cost Haul service to 25 regions globally, rebrands it as Amazon Bazaar in some markets, and holds a sales event on November 10 and 11
Todd Bishop / GeekWire :
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
Todd Bishop / GeekWire :
GitHub CEO Thomas Dohmke says he will “leave GitHub to become a founder again”, with GitHub and its leadership team moving into Microsoft's CoreAI organization
once independent programming site now part of ‘CoreAI’ team Todd Bishop / GeekWire : GitHub will join Microsoft's CoreAI division with departure of CEO Thomas Dohmke Kaustubh Bagalkote / Benzinga : Mi...
Microsoft plans to invest $30B+ in capital expenditures in Q1, which would be its largest for a single quarter, after reporting $24.2B in capital spending in Q4
Todd Bishop / GeekWire : X: @andrewrsorkin X: Andrew Ross Sorkin / @andrewrsorkin : Context: MSFT said today that it would spend $120 billion on capital expenditures on AI, up from $80 billion. 🤯
Source: Microsoft plans to lay off ~9,000 employees, or less than 4% of its workforce, across teams and role types, after cutting ~6,000 in May and 300+ in June
read Phil Spencer's note to staff Bloomberg : Microsoft Cuts 9,000 Workers in Second Wave of Major Layoffs IGN : Microsoft Makes Significant Layoffs Across Gaming Division, Xbox Boss Phil Spencer Conf...
Emergency response drone maker Brinc announced $75M in funding led by Index Ventures, bringing total raised to $157.2M; Motorola will become Brinc's distributor
Todd Bishop / GeekWire :
Satya Nadella says Microsoft's AI business has surpassed an annual revenue run rate of $13B, up 175% YoY, as the company faces new scrutiny over AI spending
Todd Bishop / GeekWire :
Microsoft is creating a new “CoreAI - Platform and Tools” unit led by Jay Parikh, the ex-Lacework CEO and Meta engineering executive who joined in October 2024
Todd Bishop / GeekWire :