Alphabet sheds $500B in worst trading day ever as AI spending and search fears rattle Wall Street
Alphabet's stock recorded its largest single-day market value loss after earnings showed weaker core search revenue and a bigger-than-expected negative free cas
BBC · +12 outlets
Amazon posts $42.4B negative free cash flow and Q3 miss, even as AWS grows 39%
Amazon missed on earnings and revenue while its cloud unit posted its fastest growth in five years, with heavy AI capital spending driving the cash burn.
CNBC · +15 outlets
Reddit will move to a logged-in-only experience as Google search traffic shrinks
Reddit's CEO said Google's AI Mode does not drive traffic, prompting a shift away from the open web and weak sales guidance that sank the stock.
Engadget · +10 outlets
Intel stock plunges 21% on weak guidance as memory shortage hits PC demand
Intel blamed a PC slowdown and memory chip shortage for fourth-quarter revenue guidance well below analyst estimates.
CNBC · +7 outlets
Binance pauses withdrawals as hackers suspected of stealing billions in crypto
Binance's founder said the exchange likely lost at least $1.7 billion in what would be the largest crypto hack ever.
TechCrunch · +14 outlets
Nvidia CEO Jensen Huang reportedly targeted in alleged Chinese spy plot
A New York Times report said US intelligence surveilled a person close to Huang over spying concerns, which Nvidia said were investigated and debunked.
CNET · +14 outlets
Hacker group leaks personal data of 41,000+ DHS employees, framing it as payback for surveillance
A hacktivist group exposed the personal information of tens of thousands of Department of Homeland Security employees.
CNET · +10 outlets
GM to pay $220M to settle claims it sold drivers' driving and location data
The settlement with a coalition of 36 state attorneys general requires GM to obtain express consent before collecting or sharing driver data.
The Verge · +14 outlets
Andy Jassy says AWS will be a $1T business, warns AI spending will rise 'meaningfully' in 2027
Amazon's CEO framed AI cloud computing as a once-in-a-lifetime opportunity while signaling continued heavy capex.
TechCrunch · +7 outlets
Polymarket froze trading after hackers reportedly drained accounts via third-party service
Polymarket said affected traders will be reimbursed after a compromised third-party provider led to losses.
Gizmodo · +6 outlets
Nvidia moves to backstop cloud provider's $45B Anthropic project
Nvidia is providing financial backing for a large cloud build tied to Anthropic, underscoring its role in financing AI compute demand.
The Information · +2 outlets
Woman died after ChatGPT advised her to stop seizure medication, lawsuit alleges
The family of a 31-year-old Seattle woman is suing, saying she turned to ChatGPT-4o about medication side effects.
CNET · +14 outlets
OpenAI doubles ChatGPT Pro usage limits after backlash over planned 50% cut
OpenAI reversed a planned reduction in ChatGPT Pro usage caps following user complaints.
BleepingComputer · +4 outlets
Defense contractor gave a personal AI agent access to a secure Pentagon system for two months
An Accenture employee's personal Claude agent ran on a DOD network before the vulnerability was identified and patched.
WIRED · +14 outlets
Patrick Stewart, who played Captain Picard and Professor X, dies at 86
The actor died at his Los Angeles home after what his family described as a brief journey with Alzheimer's disease.
CNET · +14 outlets
Microsoft to raise at least $25B in bond sale, adding to AI debt spree
Microsoft is tapping US bond markets as it funds its AI infrastructure buildout.
Bloomberg.com · +14 outlets
Trump declares robot imports a national security threat, orders trade talks
The president directed trade talks on foreign-made factory robots and threatened tariffs.
Ars Technica
Intel says budget Wildcat Lake laptop chips are sold out as demand outstrips supply
Intel's CEO said demand for its affordable laptop chips exceeds supply amid a broader memory shortage.
The Verge · +1 outlets