Alphabet Q3: revenue of $27.8B, up 24% YoY, vs. $27.2B expected; net income reaches $6.73B, up from $5.06B YoY; Other Bets made $302M, lost $812M
MOUNTAIN VIEW, Calif. - October 26, 2017 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended September 30, 2017.
Amazon beats with Q3 revenue of $43.74B, up 34% YoY, vs. $42.14B expected; net income of $256M, up from $252M YoY
SEATTLE—(BUSINESS WIRE)—Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its third quarter ended September 30, 2017.
WhatsApp starts rolling-out feature that lets you delete sent messages within 7 minutes
Message recalls have been rumored on WhatsApp for months now and every couple of weeks, we got a glimpse of the functionality in a beta version but it was always a false alert and never properly worke...
Google CEO Sundar Pichai says people are watching YouTube on TVs for 100M hours/day, up 70% in the last year
YouTube viewing on actual TV sets is up 70 percent in the last year. — YouTube has been trying to position itself as a TV competitor for years.
Google working on fix for Pixel 2 XL display issues and Pixel 2 “clicking” noise, will roll out software update within weeks; warranty extended to two years
Shortly after Google's new Pixel 2 and Pixel 2 XL began shipping, some users noted that the devices seemed to have some... quirks.
As pre-orders open, Apple says iPhone X screen replacement will cost $279, compared to $169 for iPhone 8 Plus; other out-of-warranty repairs will cost $549
The iPhone X went on sale today, and with it, Apple released some information about the phone's repair pricing — and like the phone itself, it gets expensive.
Microsoft Q1: revenue of $24.54B, up 12% YoY, vs. $23.56B expected; net income up 16% YoY to $6.6B; Productivity revenue hits $8.2B, up 28% YoY
REDMOND, Wash. — October 26, 2017 — Microsoft Corp. today announced the following results for the quarter ended September 30, 2017:
Analyst: iPhone 8 and 8 Plus accounted for 16% of all US iPhone sales in the past quarter, compared to 43% for 7 and 7 Plus during the same period last year
Purchase data from Consumer Intelligence Research Partners (CIRP) suggests that the iPhone 8 is selling in smaller numbers than an ‘S’ model.
Amazon Web Services revenue was $4.6B in Q3, up 42% YoY, as operating profit hit $1.2B; CFO says run rate reaches $18B
Tom Krazit / GeekWire :
Walmart testing robots in 50+ stores for repetitive jobs like scanning shelves for out-of-stock products, incorrect pricing, and mislabeling
The world's largest retailer has had a well-documented struggle with empty shelves in its stores. — Walmart is testing the use of aisle-roaming robots …
Amazon has 540K employees after Whole Foods acquisition, nearly 7x that of Google and 4x that of Microsoft, is now the second-largest US employer after Walmart
Amazon added a whopping 159,500 employees in the last quarter, pushing its total employment to 541,900 people worldwide …
Civil, the blockchain-based system to fund journalism, has raised $5M from ConsenSys and has attracted its first publication, news and politics site Popula
One of the most confusing efforts to fund journalism in recent memory is inching closer to reality.
Google CEO Sundar Pichai says Pixel 2 pre-orders were double that of last year, and the company plans to partner with more retailers, sell in more countries
Kellen / Droid Life :
Zenefits and former CEO Parker Conrad settle SEC charges of misleading investors; Zenefits to pay $450K penalty, Conrad to pay ~$534K
The Securities and Exchange Commission, which polices bad behavior by publicly traded companies, has for the first time taken action against a privately …
Amazon's “other revenue”, mostly composed of ad sales, grew 58% YoY to $1.12B; net sales from physical stores, reported for the first time, was $1.2B in Q3
Shareen Pathak / Digiday :
Microsoft hits its $20B annual run rate goal for Intelligent Cloud business, which reported $6.9B in Q1 revenue, up 14% YoY; Azure revenue up 90% YoY
Emil Protalinski / VentureBeat :
Apple asks SEC for permission to exclude a shareholder proposal on tying leadership diversity to CEO performance measures
This post has been updated with a correction. The article incorrectly stated Denise Young Smith is the only black female executive at Apple.
Amazon gains wholesale pharmacy licenses in 12+ states, including Nevada, Arizona, Louisiana, Alabama, New Jersey, Michigan, Connecticut, Oregon, and Tennessee
Samantha Liss / St. Louis Post-Dispatch :
Intel beats Q3 estimates with $16.1B revenue, up 2% YoY, vs. $15.7B expected, as net income rises 34% YoY to $4.5B
Intel Investor Relations :
IoT security company ForeScout Technologies prices IPO at $22/share, raising ~$116M at ~$800M valuation, less than its $1B valuation as a private firm in 2016
Katie Roof / TechCrunch :
Sources: Spotify is canceling original video series on the service, as well as shows it hasn't released, as the company rethinks its video strategy
Lucas Shaw / Bloomberg :
AMD debuts Ryzen Mobile CPUs for ultrathin notebooks: 2.2GHz Ryzen 7 2700U with 3.8GHz Turbo, 10 Vega cores; 2GHz Ryzen 5 2500U with 3.8Ghz Turbo, 8 Vega cores
Devindra Hardawar / Engadget :
Ticketing platform SeatGeek partners with Facebook, gives third-party companies a way to sell tickets via events pages
Paul Sawers / VentureBeat :
Baidu Q3: revenue of $3.53B, up 29% YoY, vs. $3.56B expected, net income of $1.2B, up 156% YoY; issues lower than expected Q4 guidance of $3.34B
Study: interviews with tech staffers show how Facebook, Twitter, and Google helped Trump team as part of ad services; Clinton team declined embeds
Nancy Scola / Politico :
Sources: cybersecurity firm Zscaler has confidentially filed for an IPO, plans to go public before the year's end
Katie Roof / TechCrunch :
AI-powered law for startups
Soxton automates startup legal so founders can move faster and sleep better. We handle incorporation, advisor, employment and commercial contracts. Join the waitlist for early access!
Zoho CRM Plus in 2025: A year of thoughtful CX improvements
2025 marked 11 years of building a customer experience platform designed to support organizations as customer expectations, channels …
Protecting your Cloud Applications Data
Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.