Software and data stocks plunge over fears that new AI developments will supplant software; ADBE fell 7.31%, CRM 6.85%, and Thomson Reuters 15.83% on Tuesday
From Legalzoom.com and Expedia to Ares and Apollo, shares of companies that sell or invest in software fell sharply on Tuesday
LexisNexis-owner Relx, Thomson Reuters, and other media and financial stocks fell 10%+ after Anthropic launched Claude Cowork tools that automate legal work
Shares in LexisNexis owner Relx fall 15% after new tools for Claude Cowork unveiled — Billions of pounds were wiped off the value …
Apple announces the 3nm M3, M3 Pro, and M3 Max with a dynamic caching GPU, 20% faster performance cores over the M2, and 50% faster efficiency cores over the M1
Apple has unveiled its next generation of M series chips: M3, M3 Pro, and M3 Max. These new chips are 3nm, like the A17 Pro.
Google announces Chrome will get a Memory Saver mode, which promises to cut memory usage by up to 30%, and an Energy Saver mode, rolling out in the coming weeks
Frederic Lardinois / TechCrunch :
Russia's trade minister Denis Manturov says Russians will be able to buy the iPhone 14 despite US sanctions thanks to the country's parallel import scheme
Russians will have the chance to buy the new Apple iPhone 14 despite the U.S. tech company having left the country thanks …
Apple drops the starting prices of the iPhone 12 and iPhone 13 mini to $599 and of the iPhone 13 to $699, and stops selling the iPhone 11 and the iPhone 12 mini
At Code, former Disney CEO Bob Iger says the company found “a substantial portion” of Twitter users “were not real” when it considered buying Twitter in 2016
Bots were fine. Nastiness wasn't. — Elon Musk wanted to buy Twitter. Then he decided he didn't.
Sources: Apple ads team lead Todd Teresi now reports directly to Eddy Cue and wants to increase the group's ad revenues from $4B per year to double digits
Apple is set to expand ads to new areas of your iPhone and iPad in search of its next big revenue driver.
Report: for at least two years, Amazon has invested $50M/year to develop a fridge that can monitor usage and suggest products and recipes
Kris Holt / TechCrunch : Source: Insider .
Lime rolls out Lime Prime, a $5.99/month subscription that waives the unlock fee or, in markets with no unlock fees, gives riders a 25% off discount on rides
Poet, didn't know it — Lime is rolling out a new monthly subscription service for its electric scooters that's called — no joke — Lime Prime.
Microsoft says it will honor Bethesda's currently announced PS5 exclusives but will assess bringing future games to “other consoles on a case by case basis”
If the famous Jim Barksdale quote is to be believed — the one about there … Kyle Orland / Ars Technica : What happens to Bethesda's multi-platform games under Microsoft? Adi Robert...
Microsoft says it will acquire ZeniMax Media and its game publisher Bethesda Softworks for $7.5B in cash; Bethesda develops Fallout, DOOM, Quake, and others
Iconic games portfolio, publishing expertise, and world-class talent accelerates growth in Microsoft's Gaming business
Microsoft says it will acquire ZeniMax Media and its game publisher Bethesda Softworks for $7.5B in cash; Bethesda develops Fallout, DOOM, Quake, and others
Iconic games portfolio, publishing expertise, and world-class talent accelerates growth in Microsoft's Gaming business
Rep. David Cicilline says recommendations from House antitrust inquiry could come as soon as Sept. and a Glass-Steagall-like law for tech might be an option
David McLaughlin / Bloomberg :
Joe Budden, one of Spotify's biggest exclusive podcasters, is leaving Spotify on Sept. 23, claims it “is pillaging” his audience and won't give him a bonus
“I cannot tell you where this podcast will be.” — Joe Budden, one of Spotify's biggest exclusive podcasters, is leaving the platform.
Amazon Q3: $70B revenue, up 24% YoY, net income of $2.1B, down from $2.9B in Q3 2018, AWS revenue of $9B, up from $6.7B in Q3 2018
SEATTLE—(BUSINESS WIRE) October 24, 2019—Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its third quarter ended September 30, 2019.
WeWork co-founder Adam Neumann is resigning as CEO, will be nonexecutive chairman of We Co.; source: his voting shares will be reduced in power from 10:1 to 3:1
- WeWork CEO Adam Neumann will step down but retain his seat as nonexecutive chairman, the company says.
Apple's VP of communications Steve Dowling is leaving the company after five years in the role; Dowling joined the company 16 years ago
and for me, last — launch cycle” 👀 https://twitter.com/...
Apple announces that Apple Card is now available to all iPhone users in the United States, with a 3% cashback offer for Uber and Uber Eats
Benjamin Mayo / 9to5Mac :
Apple announces that Apple Card is now available to all iPhone users in the United States, with a 3% cashback offer for Uber and Uber Eats
Apple today announced that Apple Card is available to everyone in the United States from today. To sign up, simply open the Wallet app on your iPhone and begin the application pro...