Microsoft's OpenAI investment resulted in a $3.1B hit to Q1 net income; Productivity and Business Processes revenue, with Office and LinkedIn, grew 17% to $33B
www.theregister.com/2025/10/29/ m... Robert Evans / @iwriteok : silicon valley investors: for the low one-time price of $5 billion i promise to lose you significantly less than $11.5 billion a quarter...
The crypto-lending industry, nearly wiped out in the last bear market, is staging a comeback as Cantor Fitzgerald launches a $2B Bitcoin financing business
“There is still not a lot of interest in undercollateralized loans yet,” Hadick said. “If you can get undercollateralized lending for prime brokers, trading desks and other institutional counterparti...
California regulators close SVB and name the FDIC as the receiver to protect insured deposits; SVB ended 2022 with ~$209B in assets and $175.4B in deposits
banks, lawyers, etc — and it's a minor but not insignificant screening mechanism. https://twitter.com/... Jason Zweig / @jasonzweigwsj : If you want to create a perverse incentive for banks to become ...
Sources detail Twitter after mass layoffs: key teams gutted, severance packages account for the WARN Act, and an ad hoc Google Docs directory of remaining staff
Hi 👋 - Third quarter earnings show that big tech … Rise & Shine ☀ : Twitter Layoffs: The lawsuit and Fears of misinformation Nikhil Subramaniam / Inc42 Media : Musk & Mayhem @Twitter Kristin Majcher /...
Apple expands App Store ads from the Search tab and Search results to the App Store's Today homepage and individual app pages
ads on individual app pages—shows lawmakers and regulators must press ahead Mike Peterson / AppleInsider : Apple testing new App Store ad placements very soon Nick Heer / Pixel Envy : Apple Adding Ads...
As advertisers struggle with Reels, Meta tries to ease them into the format, including, sources say, by encouraging them to test their video ads on TikTok first
Bloomberg : Tweets: @sarahfrier , @robleathern , @zackkanter , @adamnash , @pt , @can , @can , @can , @pt , @can , @can , @iwriteok , @pt , @pt , @can , @iwriteok , @robleathern , @pt , @pt , @pt , @...
Twitch confirms the Buffalo gunman livestreamed Saturday's attack on its platform, saying it took his channel down within two minutes of the violence starting
and they're not removing it because it 'doesn't violate their terms of service.' https://twitter.com/... Drew Harwell / @drewharwell : The Buffalo shooting video is circulating online. One copy has mo...
Meta closes down 26%, erasing ~$250B from its market cap, the biggest single-day loss in market value for a US company, after weak Q4 results and Q1 guidance
the second-biggest drop ever Steve Muchoki / Coinspeaker : FB Stock Dips Over 26% after Meta Forecasts Weaker than Expected Earnings Jody Serrano / Gizmodo : Snap Up, Zuck Down — Snap earned a profi...
Something Awful administrator says founder Richard “Lowtax” Kyanka has died at 45; founded in 1999, SA's influence over the contemporary web has been huge
monumentally important. Photoshop Friday spawned a million memes https://twitter.com/... Josh von Milton Bradley / @jesawyer : not sure what to say about lowtax (according to frags) dying. wow. https:...
Internal Facebook metric that assesses “violence and incitement trends” based on hashtags and search terms in posts increased by 45% since October 31
As votes are being tallied across the country to determine the next US president, internal Facebook data shows that the company … Tweets: @oliviasolon , @animaanandkumar , @brooklynmarie , @justinhend...