Internet
Musk testimony dominated first week Musk v. Altman. ‘You can’t just steal a charity’
Elon Musk arrives to court at the Ronald V. Dellums Federal Building on April 30, 2026 in Oakland, California. Benjamin Fanjoy | Getty Images A week into the Musk v. Altman trial, which features two towering figures in the tech industry facing off in a case that could have major implications for OpenAI, the plaintiff […]
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Atlassian stock soars 28% after earnings show strong cloud, data center growth
Atlassian shares jumped more than 28% on Friday after the software company topped Wall Street’s expectations for the fiscal third quarter, reporting strong cloud growth and data center revenue. Here’s how the company did compared with LSEG estimates: Earnings per share: $1.75 adjusted vs. $1.32 expected Revenue: $1.79 billion vs. $1.69 billion expected Atlassian’s stock […]
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Pentagon tech chief says Anthropic is still blacklisted, but Mythos is a separate issue
Defense Department CTO Emil Michael on Friday said Anthropic is still a supply chain risk, but that Mythos, the company’s artificial intelligence model with advanced cyber capabilities, is a “separate national security moment.” “I think the Mythos issue that’s being dealt with government wide, not just at Department War, is a separate national security moment where […]
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Apple CEO Tim Cook warns of extended memory crunch. ‘We’ll look at a range of options’
Apple CEO Tim Cook gestures as Apple holds an event at the Steve Jobs Theater on its campus in Cupertino, California, U.S. Sept. 9, 2025. Manuel Orbegozo | Reuters The global memory crisis played an outsized role in tech earnings season, which hit an apex this week. Apple CEO Tim Cook warned it’s just the […]
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Reddit reports 69% jump in revenue, topping analyst estimates
Steve Huffman, co-founder and CEO of Reddit, speaks during the WSJ Tech Live conference hosted by The Wall Street Journal at the Montage Laguna Beach in Laguna Beach, California, on Oct. 21, 2024. Frederic J. Brown | Afp | Getty Images Reddit reported better-than-expected profit and revenue in its first-quarter earnings report on Thursday, and […]
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Apple reports earnings and revenue beat, boosted by services business
Apple CEO Tim Cook holds up a new iPhone 17 Pro during an Apple special event at Apple headquarters in Cupertino, California, Sept. 9, 2025. Justin Sullivan | Getty Images Apple reported earnings and revenue for its fiscal second quarter that topped analysts’ estimates, driven by growth in the company’s services business. The stock was […]
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Meta tanks 10%, Alphabet climbs 5% as each company raises capex spend
Mark Zuckerberg, CEO of Meta Platforms. David Paul Morris | Bloomberg | Getty Images Alphabet‘s stock surged more than 5% on Thursday, while Meta shares plunged 10%, as investors digested first-quarter earnings results, which included plans to up the ante on artificial intelligence spending. It is pacing to be Meta’s worst day since October 2025 […]
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Investors still trust Google more than Meta when it comes to spending their money on AI
Sundar Pichai, CEO of Alphabet. Source: Alphabet Meta and Alphabet both beat expectations in their earnings reports on Wednesday, each recording their fastest growth in years. They also lifted their guidance for capital expenditures for the year, telling investors that they’re going to keep pouring money into artificial intelligence infrastructure. But despite their similarly upbeat […]
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Meta’s Reality Labs lost over $4 billion in first quarter
Meta CEO Mark Zuckerberg during the Meta Connect event in Menlo Park, California, Sept. 17, 2025. David Paul Morris | Bloomberg | Getty Images As Meta pumps increasing amounts of cash into artificial intelligence, the company’s metaverse efforts continue to bleed money. In its first-quarter earnings report on Wednesday, Meta revealed that its Reality Labs […]
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Meta looks to report fastest revenue growth since 2021
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., wears a pair of Meta Oakley Vanguard AI glasses during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 17, 2025. David Paul Morris | Bloomberg | Getty Images Meta will report first-quarter earnings after the bell on Wednesday. Here’s what analysts polled […]
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