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The Federal Reserve voted Wednesday to hold its benchmark interest rate steady. At the press conference that followed, Fed Chairman Kevin Warsh disclosed some of his thinking about where the U.S. economy stands, and how that affects monetary policy. But for Fed wonks, the big new

Microsoft Corp. reported better-than-expected cloud revenue, suggesting the company continues to reap the benefits of its massive investment in artificial intelligence. Sales at Azure were up 48%. Revenue from a commercial deal with OpenAI totaled $10 billion. Bloomberg's Ed Ludl

How do you get a chat app to go viral? They are doing it in 3 different ways.

Whatever the future of AI might be, the current situation is still very good for Microsoft. The tech giant reported yet another quarterly revenue record on Wednesday: $92.3 billion, a 19% increase over the year-ago quarter. Microsoft has now reported record-breaking revenue for 1

Death of US actress Hayden Panettiere ruled accidental, ending local police probe - Published The death of US actress Hayden Panettiere has been ruled accidental, ending a local probe into her death, police in South Carolina have said. The Heroes and Nashville star died in August

Alphabet quarterly sales and profit missed estimates, with investors focused on whether the company can protect its search business as AI changes how people find information. Scott Devitt, managing director and senior research analyst at Rosenblatt Securities, breaks down Alphabe

Superstar talent is alluring. It is also dangerous

Treasury Secretary Scott Bessent said Wednesday that further Federal Reserve rate hikes wouldn't necessarily be a mistake. After CNBC's Brian Sullivan asked if rate increases in the future would constitute a monetary policy error, Bessent responded: "That's not necessarily so." B

Marvell Technology Inc. is in advanced talks to buy data center optics maker Lumentum Holdings Inc., according to people familiar with the matter, a potential megadeal amid the race to scale up in the artificial intelligence sector.

Ford Motor Co. Chief Financial Officer Sherry House says higher commodity costs could be a $2.5 billion headwind this year. The automaker beat on earnings in the third quarter and raised the low-end of its full-year profit forecast. She speaks on "Bloomberg The Close." (Source: B

The Federal Reserve left interest rates unchanged at its October meeting, even as rising energy costs threaten to keep inflation elevated and further strain already-tight household budgets. Higher energy prices stemming from the Iran war may prove stickier than expected, but the

Liquid cooling must remain reliable, serviceable, and adaptable to what the future holds

Israel's election deadlock is a sign of the country's deep divisions - Published "Democracy is the worst form of government except for all those other forms that have been tried." So said Winston Churchill in the House of Commons in 1947. His aphorism came to mind as Israel's ele

Toronto-based Meissner Technologies uses AI and laboratory testing to discover superconducting materials that could cut cooling costs and help quantum computers scale. The post Canadian Startup Aims to Be Quantum’s ‘Picks’ and ‘Shovels’ appeared first on EE Times.

AI - GitHub powering up four million extra cores to stop its service going down Re-architects site to cope with AI slop-pocalypse - Microsoft faces potential vote: Shareholders curious about its plans to tackle emissions Greenhouse gas output has risen dramatically since the comp

Microsoft revenue rose 19% to $92.3 billion in the September quarter, 1 percentage point faster than the growth it reported in the second quarter. Accelerating sales in its Azure cloud unit, driven in part by server rental revenue from OpenAI, offset the slight revenue decreases

Google’s cloud sales surged in the latest quarter but overall revenue at parent Alphabet grew a slower-than-expected 25% to $127.6 billion, disappointing investors. Operating profit rose in the third quarter, but net profit declined by nearly a quarter to $26.2 billion, well belo

Unpacking the company’s 300-plus page prospectus

NVIDIA's Nemotron 3.5 Bolt Squeezes a Local AI Agent Into 4GB NVIDIA's new 4GB open model targets local voice assistants, NPCs and robots, outperforming peers on conversation benchmarks while using 80% fewer tokens. - NVIDIA released Nemotron 3.5 Bolt E4B 4GB, an open small model

As AI adoption expands globally, people across languages and cultures are using it in more aspects of their daily lives. General-purpose language models serve as a powerful foundation, but they sometimes lack the local knowledge, cultural nuance, and precision a particular applic

At GTC Berlin, NVIDIA is showcasing its full lineup of local AI hardware. RTX Spark, which launched last week, powers personal agents on Windows PCs; DGX Spark supports developers building and scaling applications on Linux; and DGX Station serves enterprise teams running frontier

Restaurants sceptical over 'garlic and gherkins' plan - Published Garlic, gherkins and plant-based milk are among more than 100 products which should become cheaper due to measures announced in the Budget. The Treasury said the removal of import tariffs on dozens of items would s

While GPUs have powered the AI boom and are widely used to accelerate HPC workloads, they’re not the best fit for every computing challenge. Sparse workloads, in particular, represent a big mismatch with GPU capabilities. That’s one reason why the Jülich Supercomputing Center (JS

Netanyahu's bloc leading Israel election but short of majority, partial results show - Published Partial results from Israel's general election show veteran Prime Minister Benjamin Netanyahu is leading his rival, former military chief Gadi Eisenkot, but is still short of a majori

Shares of Stellantis were up Wednesday as the European car giant's third-quarter results showed it was making progress with its 60 billion euro turnaround plan. Third-quarter revenues rose 1% to 37.6 billion euros from a year ago, the Chrysler and Jeep owner said on Wednesday, wh

AI - GitHub powering up four million extra cores to stop its service going down Re-architects site to cope with AI slop-pocalypse - Microsoft faces potential vote: Shareholders curious about its plans to tackle emissions Greenhouse gas output has risen dramatically since the comp

Three media outlets that President Donald Trump banned from the White House in September, only to have a federal judge's order restore much of their access, amended their lawsuit Wednesday, seeking to regain full access to serve in a press pool for other reporters in the Oval Off

Apple has announced its first touchscreen Mac computer, but it will come with a massive spike in price. The MacBook Pro with PROLED XDR Display will start at $2,899. On Tuesday, Apple introduced a new MacBook Pro with the M6 chip and no touchscreen that will start at $1,999. The

Bond yields moved higher on Wednesday as investors digested the Federal Reserve's decision to hold interest rates steady at its October meeting. The 10-year Treasury note yield — the main benchmark for mortgages, auto loans and credit card debt — was more than 3 basis points high

Listen to this article in summarized format The Dow Jones Industrial Average rose 126.21 points, or 0.24%, to 52,503.78. The S&P; 500 gained 0.33% to 7,748.03, while the Nasdaq Composite advanced 0.32% to 26,561.24. For Highlights on US Markets, click here Fed holds rates as Dece

CBS News editor-in-chief Bari Weiss said critics of her leadership of the network should “judge us by the journalism” in a wide-ranging interview with Jessica Lessin of The Information Wednesday. Speaking at The Information’s WTF Summit, a gathering of senior women in the technol

What we now know about the UK economy in four charts - Published The UK may have no involvement in the US-Iran war, but the country is feeling the full force of the conflict on its economy. Soaring energy prices are set to dent growth in the short term, push up inflation and leav

What we now know about the UK economy in four charts - Published The UK may have no involvement in the US-Iran war, but the country is feeling the full force of the conflict on its economy. Soaring energy prices are set to dent growth in the short term, push up inflation and leav

Microsoft Corp. posted increasing growth in its cloud business and kept its capital expenditures in check, satisfying investors amid a drumbeat of concern that spending on artificial intelligence won’t pay off.

Alphabet Inc.’s search and advertising sales disappointed in the most recent quarter, reinforcing investors’ fears that Google is losing ground to AI rivals despite pouring hundreds of billions of dollars into the technology.

Techmeme permalink: https://www.techmeme.com/261021/p48#a261021p48 <a href="https://www.bloomberg.com/news/articles/2026-10-21/zuckerberg-weighs-leaving-california-if-billionaire-tax-passes"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/261021/i48.jpg" vs

During Meta’s earnings call on Wednesday, the company revealed its board had approved a new class of nonvoting stock, called Class C common stock. The shares give the holder an ownership stake but no vote on company decisions. This class takes effect in January. Meta says it will

Mark Zuckerberg was just three minutes into his keynote speech at the company's annual Meta Connect product event last month when his tone turned almost wistful. "Building is an act of love," he said, glancing down at the ground with his hands in his pockets. "It's how we impart

Google has released its latest frontier model, Gemini 4 Carbon, offering "significant gains" in coding, agentic tasks, and cybersecurity. In an announcement on Wednesday, Google highlights Carbon's top spot on the Artificial Analysis Intelligence Index (v5.0) benchmark, with Clau

Artificial Analysis' Code2Video-AA Benchmark Shows Claude Opus 5.5 Dominates AI Video Coding A new benchmark judges 27 models on turning marketing briefs into animated HTML videos, with Claude Opus 5.5 leading at 10x the cost of rivals. - Artificial Analysis launched Code2Video-A

What the Budget offers for under 25s - and what it leaves out - Published Chancellor John Healey has announced his Budget, which includes changes to minimum wage and help for people trying to get onto the housing ladder. Here is how the Budget could affect you if you are under-25

What the Budget offers for under 25s - and what it leaves out - Published Chancellor John Healey has announced his Budget, which includes changes to minimum wage and help for people trying to get onto the housing ladder. Here is how the Budget could affect you if you are under-25

(Bloomberg) -- Heavy crude oil in Alberta has weakened to the lowest price relative to US futures in more than four years. Western Canadian Select’s discount — also called a differential — in Alberta grew to $31 a barrel compared to a monthly average of West Texas Intermediate as

T-Mobile US Inc. added more total customer accounts in the third quarter than analysts had expected, showing its slate of offers and loyalty incentives are resonating with customers.

Personally identifiable information belonging to thousands of U.S. Department of Homeland Security employees has been published online after a hacker stole reams of data in a previously undisclosed breach at the government department earlier this year. The breach includes names,

Oracle shares jumped 11% on Wednesday after the software company issued a revenue forecast of $225 billion for fiscal 2030, implying 35% average annual growth, and said it will limit additional fundraising over that stretch to $20 billion. At its investor day, Oracle said that, a

Oracle shares jumped 11% on Wednesday after the software company issued a revenue forecast of $225 billion for fiscal 2030, implying 35% average annual growth, and said it will limit additional fundraising over that stretch to $20 billion. At its investor day, Oracle said that, a

An unprecedented leak of Department of Homeland Security records has exposed details of more than 41,000 employees or contractors who work for the department and its constituent agencies. The records include email addresses, phone numbers, and office addresses, but also reference

Top Republican surrogates like Vice President JD Vance and Texas Sen. Ted Cruz are hitting the road to boost their party’s midterm candidates — and offering a glimpse at how they might approach 2028. Vance has traveled to campaign near-daily this month, especially to states like

AI - GitHub powering up four million extra cores to stop its service going down Re-architects site to cope with AI slop-pocalypse - Microsoft faces potential vote: Shareholders curious about its plans to tackle emissions Greenhouse gas output has risen dramatically since the comp