Apple reported stronger-than-expected fiscal Q4 2026 revenue of $114.5 billion and profit of $30.71 billion, its first earnings report under new CEO John Ternus. On the earnings call, Ternus addressed iPhone Duo availability, rising AI memory chip prices and tariff refunds.
Apple reported slowing sales growth in the September quarter, with China revenue missing estimates. Bloomberg Technology separately reports Apple set new sales records in China despite rising component costs such as memory.
Palantir gave a full-year 2026 revenue forecast that beat Wall Street expectations, driven by surging demand for its data analytics tools. Commercial revenue reached $984 million, up 148%, surpassing government revenue of $953 million for the first time.
The amended IPO filing adds Q3 financials showing nearly $17 billion in revenue and an operating loss. A revised filing warns that 12x revenue growth is unlikely to continue, and compute commitments could top $1 trillion.
In an interview with Reuters, Apple CEO John Ternus said he has no timeline for when iPhone Duo supply constraints will lift. He said the company is working to get devices to customers as quickly as possible.
Marvell agrees to buy Lumentum in an all-stock deal valued at about $103 billion to $115 billion, adding AI data center optics. Nvidia CEO Jensen Huang reportedly gave his blessing to the tie-up before it was struck.
Intel shares fell 45% in October, and the collapse is deepening as a $3.5 trillion chip sell-off spreads. The company's foundry strategy now faces a critical test.
SpaceX is reportedly in talks to buy EchoStar's Boost Mobile. The deal could bypass the MVNO firewall set up by AT&T, T-Mobile and Verizon, though litigation is possible.
Grab Holdings raised its full-year revenue and profit forecasts after quarterly results beat estimates. The company cites rising ride-hailing and food-delivery demand across Southeast Asia.
Squarespace is cutting 19% of its workforce, about 300 people, out of roughly 1,800 employees worldwide. The website builder is working to simplify operations.
Meta Platforms is preparing a cross-border investment-grade bond offering, according to Bloomberg Technology. The move tests investor appetite for debt as skepticism grows about the pace of AI infrastructure spending.
Match Group Inc. posted weaker-than-expected quarterly revenue and forecast adjusted earnings below Wall Street estimates. The results suggest its turnaround is still incomplete.
Oracle is launching a $20 billion debt offering to fund AI infrastructure buildout, as reported in a Bloomberg Technology segment. The same briefing notes Alphabet tapping European debt markets and Anthropic reporting nearly $17 billion in third-quarter revenue.
Qatalyst Partners, a boutique investment bank serving the tech industry, has closed its largest-ever deal. The transaction came from a buyside M&A role, a departure from its usual focus on selling companies.
In a Decoder interview, Matt Strauss, now chairman of NBCUniversal Media Group, discusses Peacock's bet on YouTube. The conversation also covers organizational and structural changes at NBCU since their last talk two years ago.
Earl Davis, head of fixed income and money markets at BMO Global Asset Management, says TIPS hedge uncertainty around AI earnings and capital spending. He spoke on Bloomberg Surveillance.
Alphabet is selling euro bonds less than a week after disappointing third-quarter earnings. The seven-part offering spans maturities from two to 19 years, its second euro sale this year.
MUFG global markets research head Derek Halpenny told Bloomberg Television that AI is everywhere in US GDP data. He said the US and the dollar are very dependent on the continuation of the AI story.
Structured products in the US have grown very large recently and are on track to hit $300 billion in sales this year. Bloomberg Technology examines what these once opaque financial products are and how they influence the economy.
Fowler, UBS chief European equity strategist and head of derivatives, says the AI trade is still quite robust. He argues memory makers are pricing in an incredibly short AI cycle.
Howard Marks, co-chair of Oaktree Capital Management, said in a Bloomberg TV interview that recent AI-related market stumbles have somewhat burst the bubble of infallibility around the sector. The comments were made in an interview with Bloomberg TV.
Hong Kong listing candidates are disclosing cross-investments and personal connections in their IPO filings. Regulators are stepping up scrutiny of structures that could distort the market.
An executive at Macquarie says junior research staff at Macquarie Capital need not worry too much about AI taking their jobs. The comments were reported by Bloomberg Technology.
Amy Lo, Asia Chairman at UBS Global Wealth Management and CEO of UBS Hong Kong, says the bank is hiring selectively. She describes Asia Pacific as a strong growth region, speaking at the Women Chief Executives Summit in Hong Kong.
Capital Group Vice Chair Jody Jonsson says the asset manager will formally open its Middle East office in November. She cites investment opportunities and a source of client wealth, speaking at the Women Chief Executives Summit in Hong Kong.
STT GDC Pte. is negotiating a S$3.1 billion ($2.4 billion) syndicated loan with banks, according to people familiar with the matter. The deal reflects how the AI boom is driving debt demand among companies building data center infrastructure.
Kioxia Holdings shares fell as much as 15% on Monday after the Japanese memory maker's cautious outlook disappointed investors. The decline has raised concerns that the rapid growth driven by artificial intelligence may be leveling off.
Bloomberg Technology reports that the two publicly traded record labels are struggling to attract investor interest. The piece frames this as a $20 billion public market problem for the music industry.
Anthropic says it is very close to recursive self-improvement, AI that builds itself. A Monday SEC disclosure says the capability could arrive imminently, per Gizmodo.
The New York Times sued Brave Software, accusing the browser maker of scraping its journalism and selling access to AI companies. Three other US papers reportedly filed similar suits hours later.
OpenAI plans to merge the chat and work tabs in ChatGPT, following a similar move by Anthropic. The change will be tested among select users before a wider rollout.
TechRadar reports that OpenAI knows data centers are unpopular and may rebrand them as AI compute campuses. The report questions whether the rename will help.
Isomorphic Labs president Max Jaderberg predicts that AI will be used to develop all medicines. He says the open question is how quickly that will happen.
Elon Musk said the Grok Bot was throttled last week because costs were unsustainably high relative to revenue. The statement was reported by TechRadar.
The essay argues that as AI becomes cheaper and more widely available, economic gains go to companies that put AI into the real world. Manidis co-wrote the essay and is SVP of Veradigm AI.
The program commits OpenAI's future campuses to reducing electricity use when power grids are under strain. Its planned Georgia campus will serve as the pilot.
MIT Technology Review argues that agentic AI can automate enterprise analytics workflows and take actions based on agent insights. It identifies the quality of those insights as the main obstacle.
OpenAI has signed deals to deploy its technology across energy companies, investment firms and government agencies in the United Arab Emirates. Sam Altman said AI is going to transform the economics of the energy world at the Adipec conference in Abu Dhabi on Monday.
Elon Musk has joined the backlash against OpenAI CEO Sam Altman's recent comments that PCs having RAM is terrible. Musk mocked the claim with a meme posted to X.
MIT Technology Review argues that the agentic web has arrived, extending Tim Berners-Lee's 2001 Semantic Web vision of an internet navigated by autonomous software.
When a developer gives an AI agent a coding task, the agent plans, generates code, runs tests and repeats to fix errors. A single task can use 10 to 50 times more tokens than a basic chat prompt.
Wired explains that AI chatbots are often good at retrieving information from the web. For some queries, typing into a standard search engine produces better results.
Studios are incorporating generative AI into film and TV production. Comedy content creators have broken through by mocking chatbots, drawing interest from Hollywood agents.
Meta will end Quest 2 and Quest Pro OS updates with v213 by March 2027, then ship only security patches. Owners of the headsets will keep working devices, though feature updates stop.
The Information reports that Apple has been developing a larger, robotic version of its HomeView smart home hub. The device would feature a 9-inch screen that rotates 360 degrees.
Some Samsung Galaxy phones have reported Android Auto connectivity problems following the One UI 9 rollout. Google says a fix is already rolling out for One UI 9 and Android 17 users.
Burga's sale takes $25 off orders over $50 on phone cases, magnetic rings, Apple Watch bands and power banks. The discount is a limited-time promotion.
The 16GB Raspberry Pi 5 now costs $385 after an $80 increase, more than triple its $120 launch price. The 16GB Compute Module 5 also rose $40 amid the ongoing RAM shortage.
The Verge's review says Vivo's X300 Ultra kept its lead on cameras with a 35mm main lens and a top ultrawide. The new X500 Pro does not offer either of those features.
Both budget smart feeders were tested in a backyard setting. Saving money on a smart bird feeder comes with trade-offs, some easier to live with than others.
Wired recommends 18 gifts for PC gamers, including headsets, desks and monitors. The picks are gear its editors say they use themselves, with prices starting at $12.
Sony has issued a new PS5 firmware update to counter the homebrew community's ongoing effort to jailbreak the console. The update arrives ahead of the release of GTA 6.
Jackery announced the Explorer 100D, a portable power station using lithium iron phosphate batteries the company first introduced in 2023. At 4.6 by 3.4 by 3.4 inches, it is the smallest power station Jackery has made.
Google led a takedown of a botnet of more than 1.3 million Android TV streaming boxes. Google alleges the device maker intentionally infected its devices with malware and later sold botnet access to criminals.
Supermarkets across Europe report sudden fridge and freezer temperature changes in suspected cyberattacks, weeks after a similar issue in France. Bloomberg reports the incidents span multiple countries.
Apple has sent mercenary spyware warnings to iPhone users in 110 countries. In Germany, the cybersecurity agency has told lawmakers who received the alerts to treat their iPhones as possibly compromised, per The Next Web.
Digital Trends details what Ford's connected cars collect and how the automaker uses that information. Owners can manage privacy settings, but opting out may remove some useful features.
The Capytistas, a secretive group claiming more than $1.2 million in backing, plans to publicize homes linked to billionaires. The group began with Elon Musk and Tesla's board, according to Wired.
WIRED identified about 400 apps and websites tied to Chinese-language developers that appear to be regular AI tools. They contain hidden features that let users generate violent AI-generated images and video.
Ford is making an explicit commitment to customers that their vehicle data is safe with the company. The announcement also explains how and why Ford uses customer data.
The writer says they received nearly 2,000 fundraising texts meant for someone else. The investigation uncovered a network of politicians, data brokers and questionable tactics.
The North Korean group accused of the world's largest-ever crypto heist is a state-sponsored collective of elite hackers. Artificial intelligence now gives the group a powerful new tool to fund Kim Jong Un's military expansion.
BTCPay, a bitcoin payment tool, has told users to switch off their servers. The request follows reports that wallets were drained. CoinDesk reported the story.
Mihoko Matsubara, Chief Cybersecurity Strategist at NTT, discusses the risks in a recent wave of cyberattacks in Japan. The attacks have targeted the government, banks and conglomerates' cyber infrastructure. She spoke on Bloomberg: The Asia Trade.
The settlement spares Snap a second bellwether trial in California state court over claims that social apps harm young users. The case is part of broader litigation over youth harm.
Searching for the Easter egg transports users to a 1998-style version of Google's search results page. The results use blue links as they did in that era.
Apple shares have run up to their priciest levels since 2008, leaving little room for disappointment when the company reports earnings after the bell on Monday. Bloomberg notes the stock is especially vulnerable if results fall short of expectations.
Spotify plans to let users remix artists' songs using AI next year, with the feature tipped for February. The AI remix tools could cost up to $5 more per month on Premium subscriptions.
The Smithsonian's National Air and Space Museum has reopened all of its space galleries. The new "At Home in Space" exhibit caps the museum's renovation.
A roundup of October research covers why large dogs age faster than small ones. It also includes invisible tattoos, a medieval skeleton that received an identity, and the trapping of a single antimatter particle.
A third human death from bird flu has been reported since the virus began spreading from animals to livestock. The threat is still considered low, but the virus continues to spread.
A newly released global action plan seeks to put the 2030 nature targets back on track. Ars Technica reports that funding for the plan still falls short.
Trajectory has raised $45 million to make AI model training accessible to nontechnical experts. The one-year-old startup is now valued at $300 million.
Aerospace startup Northwood raised $375 million at a $2 billion valuation. The funds will expand production and deployment of ground infrastructure for space companies.
The satellite ground network company raised $375 million, reaching a $2 billion valuation. It plans to add 400 jobs over three years and expand its global antenna network.
42AI has come out of stealth with $62.5 million in funding. The company is building a world model meant to predict what people will do, even in unfamiliar situations.
The TechCrunch Founder Summit is set for November 4 in Boston, with sessions and networking aimed at founders. Savings of up to $100 and group pass discounts are available.
Gizmodo reports that the Star Wars franchise has become entangled in a meme-culture political conversation involving Elon Musk. The discussion has spread across online platforms.
IDC Senior Director of Data & Analytics Nabila Popal says Apple’s iPhone results beating analyst expectations were not surprising. IDC’s preliminary shipment data showed iPhones outperforming a smartphone market that had suffered a historic 21% decline in calendar Q3, while Apple’s shipments fell only 4%. She speaks with Kailey Leinz & Ed Ludlow on "The Close." (Source: Bloomberg)
Anthropic PBC has tapped eight firms including Macquarie Group Ltd. and Commonwealth Bank of Australia’s CommSec unit for its Australian retail offer ahead of its highly anticipated Nasdaq debut that’s set to be among the largest ever initial public offerings.
Anika Goss says Detroit has seen a recent population increase, largely from new immigrants. She adds that growth is not yet as fast or broad as the city wants.
Xbox's former chief operating officer, Helen Chiang, suddenly left Microsoft less than two weeks ago after being promoted into the role in July. I wrote in my Notepad newsletter last week that it seemed very weird for Chiang to suddenly depart Microsoft after 21 years with a surprisingly short memo from Xbox CEO Asha Sharma. […]
BMW says its partially automated driving system will move into city streets starting in 2027, launching first in Germany. The system will steer, accelerate and brake on both highways and city streets, positioning it against Tesla FSD.
Bloomberg Opinion columnist Gearoid Reidy argues that rising development costs leave studios with fewer chances to experiment. He says AI could lower costs and revive creativity in the games industry.
Russia will temporarily permit the use of data centers located outside its borders. The change follows a series of Ukrainian attacks that targeted tech company Yandex's facilities.
Netflix announced a multiyear deal with comedian and influencer Druski to create original content exclusively for the streamer. The deal extends Netflix's push to bring creators onto its platform.
The Center for Renewing America says that neo-Marxist progressives and anti-Western Muslims cannot sincerely swear to protect the Constitution. The group argues they should not be allowed to assume office.
Justice Department efforts to sow chaos in the electoral system have failed to gain traction so far, even as Americans are already voting in the midterms.
The Verge profiles Florida voter Patti Zirhut, who is splitting her ballot over data center concerns. The story examines whether the backlash could shift Florida's midterm results.
Bloomberg Technology reports that tech leaders are waiting on the fallout from Tuesday's US midterm elections. The coverage suggests the results will not calm polarized tech rhetoric.
Chinese developer S-GAME says its debut console game has sold over 4 million units on PlayStation 5 and PC in 72 hours. Metacritic scores are 88 on PC and 93 on PS5.
Parliamentary allies and the opposition are pressing Norway's minority government to halt data center development in the Nordic country. They cite warnings of looming power supply shortages.
NASA satellite imagery indicates a major Russian crude-pumping and storage site in the Volga region could be on fire. Ukraine resumed strikes against Moscow's oil assets.
TechCrunch has compiled five stories from sister publications CIO, Computerworld, Macworld and PCWorld. The roundup is a curated list of reading recommendations.