Apple reports Q3 revenue up 10% YoY to $94.04B, vs. $89.53B est., its largest quarterly growth since December 2021, and China net sales up 4% YoY to $15.37B
Apple Apple reported third-quarter earnings on Thursday that topped Wall Street expectations for profit and revenue.
Nintendo plans to raise the price of original Switch “family of systems and products” and some Switch 2 accessories in the US; Switch 2 price won't change
The price hike will affect the family of original Switch systems, including the Lite and OLED.
Apple incurred ~$800M in Trump's tariff costs in Q3, $100M less than expected, and expects a jump to $1.1B in Q4 if current rates and policies remain in place
Trump's tariffs are increasingly costing Apple more per quarter — Apple's bill for Trump's tariffs in the third quarter …
Amazon reports Q2 revenue up 13% YoY to $167.7B, vs. $162.09B est., and forecasts Q3 operating income from $15.5B to $20.5B, vs. $19.48B est.; AMZN drops 6%+
Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its second quarter ended June 30, 2025.
Google rolls out Gemini 2.5 Deep Think, its most advanced reasoning model, which considers multiple ideas simultaneously, to its $250/month Ultra subscription
Google DeepMind is rolling out Gemini 2.5 Deep Think, which, the company says, is its most advanced AI reasoning model …
Apple has now sold over 3B iPhones since the device's 2007 launch; it announced 1B sold in July 2016, and is estimated to have reached 2B around September 2021
Chance Miller / 9to5Mac :
OpenAI removes a ChatGPT feature that let users make their conversations discoverable by Google and other search engines, calling it a “short-lived experiment”
Update 7/31/25 4:10pm PT: Hours after this article was published, OpenAI said it removed the feature from ChatGPT …
Apple Q3: iPhone up 13% YoY to $44.58B, vs. $40.22B est., Mac up 15% to $8.05B, iPad down 8% to $6.58B, and Wearables, Home, and Accessories down 9% to $7.4B
Tim Cook says Apple is “significantly growing” its AI investment, reallocating staff to work on AI features, and “very open to M&A that accelerates our roadmap”
Apple's AI strategy and investment was on the mind of analysts on an earnings call …
Source: OpenAI raised $8.3B led by Dragoneer at a $300B valuation, months ahead of schedule and part of a $40B goal for 2025; 5M business users pay for ChatGPT
The venture capital round values the ChatGPT maker at $300 billion, and underscores the fierceness of the A.I. money race.
Nintendo Q1: revenue up 132% YoY to ~$3.8B, operating profit up 4.4% to ~$378M; it sold 5.82M Switch 2 units in the first month, more than double the original
Nintendo more than doubled revenue in its fiscal first quarter, as the company logged bumper sales of its Switch 2 console in the first month of release.
Reddit wants to become “a go-to search engine” for users; its core search has 70M+ weekly active unique users and its AI tool Reddit Answers has 6M weekly users
CEO Steve Huffman says the company is focused on making the platform a ‘go-to search engine.’
Coinbase says its new “everything exchange” will include tokenized assets, stocks, derivatives, prediction markets, and more, for US users in the coming months
Coinbase is planning to expand its core trading app beyond crypto, the company said Thursday.
Apple reports Q3 revenue from Services, which includes the App Store, Apple Pay, Apple TV+, Apple Music, and iCloud, up 13.3% YoY to $27.42B, vs. $26.8B est.
Todd Spangler / Variety :
Figma's stock closes up 250% at $115.50, after Figma sold shares at $33 in its IPO, hitting a ~$68B valuation; Adobe's $20B Figma acquisition fell apart in 2023
Figma's stock more than tripled in its New York Stock Exchange debut on Thursday, a day after the design software company sold shares at $33 in its IPO.
Amazon reports Q2 AWS revenue up 17.5% YoY to $30.9B, vs. $30.8B est., and AWS operating income up 8.8% YoY to $10.2B, vs. $10.9B est.
Margins fell 35.5% to 32.9% YoY despite charging profane rates for new things ($9 per resource per month that IAM Internal Access Analyzer watches?!) [embedded post] X: Daniel Newman / @danielnewmanuv...
Amazon reports Q2 ad revenue up 23% YoY to $15.7B, vs. $14.9B est., and subscription services revenue up 12% YoY to $12.2B
www.crn.com/news/ai/2025... [embedded post] X: @thetranscript_ : $AMZN CFO: “Advertising revenue grew 22% year-over-year, driven by sponsored products, as we saw strong traffic in our stores. Adverti...
Coinbase reports Q2 revenue up 3% YoY to $1.5B, vs. $1.6B est., and retail trading volume up 16% YoY to $43B, vs. $48.05B est.; COIN drops 10%+
Profit of $0.12 per share was 91.9% below analysts' consensus.
The UK's Financial Conduct Authority plans to allow retail investors to access crypto exchange-traded notes, dubbed cETNs, on FCA-approved, UK-based exchanges
- The UK financial regulator is set to open up access to crypto exchange-traded notes for retail investors on FCA-approved, UK-based exchanges.
Source: Anthropic is nearing $5B in annualized revenue, up from $4B reported on July 1, as it nears a deal to raise up to $5B led by Iconiq at a $170B valuation
This year's torrid deal-making pace is definitely not taking a pause for summer. On Wednesday, I reported that OpenAI …
TikTok launches a new version of its app called TikTok Pro in Germany, Portugal, and Spain, allowing users to earn “virtual sunshine” by supporting charities
TikTok is launching a new version of its app called “TikTok Pro” in Germany, Portugal, and Spain.
Reddit reports Q2 revenue up 78% YoY to $500M, vs. $426M est., daily active uniques up 21% YoY to 110.4M, and Q3 guidance above est.; RDDT jumps 20%+
Analysts Remain Cautious Despite The Surge Bill McColl / Yahoo Finance : Reddit Turns a Profit as User Gains Boost Revenue Reddit : Second Quarter 2025 Results Paul Hill / Neowin : Reddit's record pro...
The US Army awards Palantir a contract worth up to $10B over the next decade, creating a “comprehensive framework for the Army's future software and data needs”
The award covering the next decade is one of the largest DoD contracts ever, cementing the tech firm's role in warfighting for years to come.
Cloudflare reports Q2 revenue up 28% YoY to $512.3M, vs. $501.21M est., a $75.1M net income, and forecasts Q3 revenue of $543.5M to $544.5M, vs. $538.6M est.
Duncan Riley / SiliconANGLE :
Video game industry trade organizations and gamers are speaking out against censorship campaigns that forced Steam and Itch.io to mass deindex NSFW content
Megan Farokhmanesh / Wired :
Hong Kong's stablecoin licensing regime takes effect, requiring issuers to get approval from the Monetary Authority, comply with AML protocols, and more
Also, the British weirdness where bank notes are printed by specific banks, rather than government, really needs to end. [embedded post] Forums: r/ethtrader : Hong Kong Kicks Off Stablecoin Licensing...
Meituan, Alibaba, and JD.com vow to curb “disorderly competition” and end their price war in China's food delivery space after warnings from government agencies
Meituan, Alibaba Group Holding Ltd., and JD.com Inc. vowed Friday to curb “disorderly competition” …
Microsoft plans to end support for Windows 11 SE in 2026, five years after launching the OS for low-cost laptops designed to compete with Google Chromebooks
Microsoft pulls plug on special school edition of Windows for low-cost PCs Taras Buria / Neowin : Microsoft is killing a special Windows 11 edition for low-cost PCs Bluesky: Tom Warren / @tomwarren.co...
Sources: Index Ventures' nearly $100M seed investment in Figma was worth $2.17B at the IPO price, while Greylock's $50M Series A investment was worth $2.03B
Katie Roof / Bloomberg :
Sources: CapitalG and Nvidia are in talks to invest in Vast Data, which could value the AI infrastructure provider at up to $30B, up from $9.1B in December 2023
Alphabet's (GOOGL.O) growth-stage venture arm CapitalG and Nvidia (NVDA.O) are in talks to invest in artificial intelligence …
Neuralink plans a UK clinical study to test how its chips let patients with severe paralysis control devices with thoughts, marking its entry into the country
Using Her Mind James Tozer / Daily Mail : Elon Musk's brain chip company Neuralink to test implants in UK Matthew Field / Telegraph : British patients to get Musk's Neuralink brain chip implants Blues...
The US SEC debuts Project Crypto, an initiative to “modernize” securities regulations to allow for crypto-based trading, amid investor interest in tokenization
a Commission-wide initiative to modernize the securities rules and regulations to enable America's financial markets to move on-chain. … BeauHD / Slashdot : SEC Debuts ‘Project Crypto’ To Bring US Fin...
China accuses the US of exploiting an old Microsoft Exchange flaw to control a key Chinese defense company's servers for nearly a year and steal military data
Bloomberg :
A look at Big Tech's AI talent wars with massive compensation packages; sources: Meta told potential hires they would be allotted 30K GPUs for their AI research
Talked about my Windsurf scoop & Meta feature, plus tales from AI industry folks watching it all unfold on the inside. www.theverge.com/decoder-podc... @om.co : Zuck's new “Super intelligence” memo is...
AI infrastructure company fal, which runs audio, video, and image models on behalf of enterprises, raised a $125M Series C led by Meritech at a $1.5B valuation
Anna Tong / Reuters :
Cline, which offers an open-source AI coding tool with transparent billing, raised a $27M Series A led by Emergence at a $110M valuation
Rashi Shrivastava / Forbes :
Wallarm, which builds a platform for API and AI security, raised a $55M Series C led by Toba Capital after an $8M Series A in 2018, taking its funding to ~$66M
Michael Novinson / BankInfoSecurity.com :
NYC-based Carbyne, which offers cloud-based tools for emergency services, raised $100M from AT&T Ventures, Axon Enterprises, Cox Enterprises, and others
Meir Orbach / CTech :
Sources: thousands of US export license applications, including for Nvidia chip shipments to China, are stalled due to turmoil at the US Commerce Department
Roku reports Q2 revenue up 15% YoY to $1.11B, vs. $1.07B est., a $10.5M net income, vs. a $34M net loss in Q2 2024, and Platform revenue up 18% YoY to $975M
Analysts Cheer, But Market Says Otherwise Daniel Frankel / StreamTV Insider : Roku swings back into black in Q2 and beats revenue forecast Timothy Green / Motley Fool : Roku Earnings: Profit and Guida...
Observability service Observe raised a $156M Series C led by Sutter Hill Ventures; Snowflake, Madrona Ventures, Alumni Ventures, and others also invested
The Observe, Inc. business is on fire — 3x Revenue LTM — 3x MAU LTM … Observe, Inc. : 🚀 We just raised a $156M Series C to reshape software development for the AI age, through observability. …
Miami-based MyPrize, which offers free-to-play social games in the US and crypto games elsewhere, raised $21M at a $250M valuation, taking its funding to $38M
Fiona Simmons / GamblingNews :
Prophet Security, which develops fully autonomous AI agents that can investigate and respond to cybersecurity threats, raised a $30M Series A led by Accel
Michael Nuñez / VentureBeat :
Shopify: Revolutionizing Commerce with Winter Edition '26
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Email fatigue is real: Here's how smart email tools help you regain control
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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.