IBM software sales up 8% as the company beats on top and bottom lines
IBM reiterated its revenue and profit forecast for the full year, having completed its acquisition of cloud cost management software maker Apptio in August.
CNBC Technology
Meta’s Reality Labs loses $3.7 billion in third quarter as Zuckerberg's big bet keeps bleeding cash
Mark Zuckerberg's bet on the metaverse has so far been a money-burning endeavor, and the losses keep mounting
Amazon's focus on speed, surveillance drives higher warehouse worker injuries, study finds
Amazon warehouse workers are suffering physical injuries and mental stress on the job due to Amazon's focus on speed and pervasive surveillance, per a study.
Alphabet's stock has its worst day since start of the Covid pandemic in March 2020
Google's Cloud revenue miss came in stark contrast to Microsoft's earnings, which showed accelerated growth in its Intelligent Cloud business.
Microsoft shares rise as Wall Street heralds ‘strong execution,’ wider AI rollout
Analysts praised Microsoft's results and expressed optimism about the company's product pipeline, including Microsoft 365 Copilot.
Alphabet shares drop as cloud miss overshadows better-than-expected overall results
Alphabet reported earnings after the bell. Here are the results.
Apple will reportedly release a bunch of new AirPods next year
Apple plans to release new versions of its entry-level AirPods and its $549 AirPods Max headphones next year, according to a report from Bloomberg.
Apple subscriptions just got more expensive. Here's how to save money
Apple raised the prices of Apple TV+, Apple One and a number of its other subscription services on Wednesday.
Sam Bankman-Fried to testify in FTX fraud trial, attorney says
The maneuver puts Bankman-Fried on the stand to tell the story from his own perspective, but also opens him up to examination by federal prosecutors.
Apple raises price of Apple TV+ to $9.99 a month
The price increases will also hit Apple's Arcade, News+
Why Exxon and Chevron are doubling down on fossil fuel energy with big acquisitions
Exxon and Chevron's recent acquisitions show that despite global decarbonization pushes, the energy transition is likely to be long and slow.
Amazon launches European 'sovereign' cloud as EU data debate rages
Amazon Web Services European Sovereign Cloud will be located within Europe and will be separate to the U.S. technology giant's other cloud operations.
Wall Street wants to know how Google's going to profit from AI
It comes nearly a year after a spur in AI hype.
Microsoft ticks up on faster cloud growth and hopeful revenue forecast
Microsoft delivered stronger results than expected as Azure growth accelerated, and the forecast suggested stability.
Snap shares seesaw amid concerns about the war's effect on advertising
Snap reported third-quarter earnings and said its sales have jumped 5% year over year to $1.19 billion.
Apple lines up to support nationwide right-to-repair legislation
Advocates say that right-to-repair rules save consumers money and help the environment by preventing useful devices from being tossed into landfills.
California DMV suspends Cruise's self-driving car permits, effective immediately
The California Department of Motor Vehicles on Tuesday suspended Cruise's deployment and testing permits for its autonomous vehicles, effective immediately.
Meta's harmful effects on children is one issue that unites Republicans and Democrats
A bipartisan group of 42 attorneys general sued Meta over addictive features aimed at kids and teens.
Verizon stock soars to its best day in almost 15 years
Verizon's stock is soaring Tuesday, putting it on track for its best day in 15 years.
Coinbase shares rise 6% as Grayscale ETF ruling takes effect
Coinbase is up nearly 119% year to date but remains well off its pre-crypto-winter levels.
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