Latest Software & Apps News
Meta Shares Plunge on Elevated AI Investment Outlook
Meta Platforms shares dropped after raising full-year capital expenditures to $125-145 billion, exceeding estimates due to AI model building, higher component pricing, and data center costs. CFO Susan Li highlighted these factors in a statement.
This reignites concerns over ROI on massive AI spending.
Microsoft Q3 Revenue Surges to $82.9B Driven by AI
Microsoft reported Q3 revenue up 18% YoY to $82.9B and net income up 23% to $31.8B, with AI business reaching $37B annual run rate, up 123% YoY. Intelligent Cloud revenue hit $34.68B, beating estimates, with Azure up 40% YoY and Microsoft 365 Copilot at 20M+ seats.
The company issued higher-than-expected 2026 capex guidance.
Alphabet Q1 Revenue Tops Estimates at $109.9B
Alphabet's Q1 revenue rose 22% YoY to $109.9B, surpassing $107.2B estimates, with Google Cloud up 63% to $20B. Shares jumped 6%+ pre-market on the strong results.
This reflects robust growth in cloud and overall business.
OpenAI Secures 10GW US AI Compute Capacity Ahead of Schedule
OpenAI signed contracts for 10GW of US AI compute, adding 3GW+ in the past 90 days, achieving a 2029 goal years early. This boosts data center expansion plans.
The milestone supports ambitious AI development.
Qualcomm Advances in Data Center with Hyperscaler Deal
Qualcomm's Q2 revenue dipped 3% to $10.6B but shares rallied 12%+ pre-market after announcing a top hyperscaler will use its chips later in 2026. This marks progress in the data center market.
The company predicts strong future demand.
YouTube Rolls Out Free Picture-in-Picture Globally
YouTube is making picture-in-picture (PiP) available to all users worldwide on Android and iOS, not just Premium subscribers. The feature allows video playback in a floating window.
Rollout began recently.
Google Gemini Now Generates Microsoft Word and LaTeX Files
Gemini can create files including Microsoft Word documents and LaTeX, eliminating the need to copy-paste outputs. This enhances productivity for users.
The update is rolling out now.
Instagram to Penalize Unoriginal Photo and Carousel Posts
Instagram's algorithm will throttle reach for 'unoriginal' posts like memes without material edits. This targets content creators relying on minor changes.
Changes aim to prioritize authentic content.
Meta Develops AI Agents for Personal and Business Use
Mark Zuckerberg announced Meta is building AI agents easy enough for his mom to use, for personal and business applications. This follows heavy AI investments.
Agents aim to automate tasks.
Sony Denies PlayStation 30-Day License Checks Rumor
Sony clarified PlayStation won't check game licenses every 30 days, debunking DRM rumors. The system uses standard online verification.
This reassures gamers on ownership.
Uber App Adds Hotel Booking Feature
Users can now book hotels directly via the Uber app, alongside other travel features. This expands Uber's services beyond rides.
The update supports travelers.
EU Probes Meta for Insufficient Child Protection on Platforms
The EU's preliminary investigation found Meta failing to adequately protect minors on Instagram and Facebook. Regulators demand better safeguards.
This could lead to fines or changes.