This year's projected capex ramp-up will all but wipe out free cash flow for Amazon, Google, and Meta, potentially forcing stock buyback cuts or more borrowing
Big tech's dramatic ramp-up in projected capital expenditures this year will all but wipe out free cash flow for Amazon, Google and Meta Platforms.
Apple, whose capital expenditure is just a fraction of its peers, is the only Big Tech company that saw capex decline YoY in Q4, decreasing 19% to $2.37B
One of these companies is not like the others. — If you've been following the Big Tech companies' earnings reports …
Apple, whose capital expenditure is just a fraction of its peers, is the only Big Tech company that saw capex decline YoY in Q4, decreasing 19% to $2.37B
One of these companies is not like the others. — If you've been following the Big Tech companies' earnings reports …
Sources: Apple plans to allow third-party voice-controlled AI chatbots in CarPlay within the coming months; it won't let users replace CarPlay's Siri button
Apple Inc. is preparing to allow voice-controlled artificial intelligence apps from other companies in CarPlay …
Sources: Elon Musk proposes timing SpaceX's IPO with a rare planetary alignment and his June birthday; SpaceX seeks to raise up to $50B at a ~$1.5T valuation
Sources: Apple plans to revamp Siri this fall in iOS 27 and macOS 27 by turning it into the company's first AI chatbot, replacing the current Siri interface
Apple Inc. plans to revamp Siri later this year by turning the digital assistant into the company's first artificial intelligence chatbot …
Sources: Apple is developing an AirTag-sized AI wearable pin with cameras, a speaker, microphones, and wireless charging, which it could launch as early as 2027
Apple is developing an AI-powered wearable pin the size of an AirTag that is equipped with multiple cameras, a speaker …
A look at Craig Federighi's approach to AI at Apple; sources say he led a push to use other companies' models to help launch a revamped Siri later in 2026
The Information:
Sources: Meta is considering deep budget cuts to its metaverse efforts in 2026, potentially as high as 30% and most likely including layoffs as early as January
Meta Platforms Inc.'s Mark Zuckerberg is expected to meaningfully cut resources for building the so-called metaverse …
White House Press Secretary Karoline Leavitt says Americans would hold six of the seven board seats for TikTok US and its algorithm would be US-controlled
The US operations of TikTok will be majority-owned and controlled by Americans under a deal reached this week to spin off the platform …
Similarweb: TikTok had 183M US MAUs on iOS and Android in August 2025, up 16% YoY, vs. Instagram's 169M, Facebook's 157M, Pinterest's 100M, and Snapchat's 70M
Oracle's potential TikTok takeover is a big deal to US competitors like Meta and Snap. — 1H X: @ranimolla . Bluesky: @carnage4life and @sherwood.news X: Rani Molla / @ranimolla :...
A live blog of Meta Connect 2025, where Meta announced Meta Ray-Ban smart glasses with and without a display, new Meta Oakley glasses, Horizon updates, and more
Expect a lot of smart glasses and AI talk this year, with a dash of the metaverse and VR. — Who's excited for smart glasses?
Meta debuts $799 Meta Ray-Ban Display, with a screen in the right lens and hand gesture detection via the Meta Neural Band wristband, on sale from September 30
Meta Platforms Inc., seeking to turn its burgeoning smart glasses into a must-have product, on Wednesday unveiled its first version with a built-in screen.
A case study of the amount and kinds of ads in 12 shows on the ad-supported tiers of Netflix, Peacock, Disney+, Max, Paramount+, and Hulu
We watched 12 shows on six platforms to find out how much of your life you give up to save a few bucks each month. — It's getting harder to avoid ads on streaming video.
Apple debuts Apple Watch Series 10, with a thinner design, a bigger screen, smaller bezels, a Jet Black finish, faster charging, more, coming Sept. 20 for $399+
similar to the Series 9 — but they are in other regions. Apple, however, is not advertising the O2 sensor on any page in any region. … Victoria Song / @vicmsong : Fast charging de...
An excerpt from the book “Character Limit” on Elon Musk's Twitter acquisition and how his inner circle employed hardball tactics in a touch-and-go transaction
In an excerpt from their new book, Character Limit, Kate Conger and Ryan Mac detail how Musk's “goons” … Bluesky: @ishaav.bsky.social . X: @rmac18 , @rmac18 , and @ranimolla Bluesk...
Google expands AI Overviews in Search to Brazil, India, Indonesia, Japan, Mexico, and the UK in local languages, and adds links beside the AI-generated answers
kinda like old search where you'd read something and it would have a link... https://www.reuters.com/... LinkedIn: Glenn Gabe : I just reproduced this, and Google just confirmed it...
Sources: Apple is prioritizing developing a tabletop home device with an iPad-like display and a robotic limb, aiming for a release in 2026 or 2027 for ~$1,000
- Executive who oversaw car project is leading the effort — Device would offer twist on home products from Amazon and Meta
Q&A with Wikimedia Foundation executives on how AI could make knowledge more accessible to people, the risk that AI may impact its volunteers' engagement, more
Rani Molla / Sherwood News :
Netflix reports Q2 revenue up 16.8% YoY to $9.56B, vs. $9.53B est., paid memberships up 16.5% YoY to 277.65M, vs. 274.4M est., net income up 44% YoY to $2.15B
Netflix reported earnings after the bell. Here are the results. — Earnings per share: $4.88 vs $4.74 per share expected by LSEG