Tech industry
8 items · 31 articles in this topic
Capital and component costs drove the day: a $115B optical networking deal, a chip sell-off, more AI financing and memory-driven price rises. Layoffs continued at SUSE and Squarespace, and publishers sued Brave over AI scraping.
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Marvell agreed to buy Lumentum for $115 billion, one of the largest tech acquisitions ever, with Nvidia as a shared investor. The Register's summary says $11.5 billion, which conflicts with its own headline and TechCrunch.
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Intel shares keep falling as a broader chip sell-off wipes out roughly $3.5 trillion in market value.
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Oracle filed to sell $20 billion in new stock and bonds to fund its AI data center buildout. The Register says it used up a newly set $20 billion borrowing limit within a week and pledged no further borrowing until 2030.
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Apple's inventory rose 154% to $14.5 billion as memory chip costs keep climbing, raising questions about future device prices. Apple also said it cannot predict when iPhone Duo supply will meet demand.
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Raspberry Pi raised prices again, a month after the previous increase, with the 16GB Pi 5 now at $385 amid a memory shortage.
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SUSE is cutting about 10% of its global workforce, with its CEO citing AI-driven changes to workflows.
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Squarespace is cutting about 300 of its 1,800 employees, roughly 19%, as part of a broader restructuring.
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The New York Times and other publishers sued Brave Software, alleging AI scraping for training and bypassing paywalls.
More in Tech industry · 23 articles›
Linux distributor SUSE is cutting 10% of its global workforce, citing AI and automation as reasons.
PhoronixlayoffssuselinuxFeed excerpt
Bavarian-based enterprise Linux distribution vendor SUSE is laying off 10% of its global workforce as a result of AI and automation...
Toyota unveiled a system-on-chip integrating model weights and its OS in on-chip memory to avoid external memory for automotive AI.
The RegistertoyotaautomotivehardwareaiFeed excerpt
Accessing external memory puts the brakes on physical AI, so carmaker has found an economical and speedy shortcut
Apple said iPhone Duo production is ramping up but it cannot yet say when supply will meet demand, with shipping delays into next year.
TechCrunchappleiphone-duosupply-chainFeed excerpt
Apple says iPhone Duo production is ramping up, but it still can't say when supply will catch up with demand as shipping delays stretch into next year.
Revised Anthropic IPO filing shows Q3 revenue near $17B and warns that its 12x revenue growth is unlikely to continue.
The RegisteranthropicipofinanceFeed excerpt
Revised IPO filing warns 12x revenue growth is unlikely to continue
An opinion piece urges the SEC to block Anthropic's planned IPO on public-protection grounds.
Hacker News (front page)anthropiciposecregulationFeed excerpt
Article URL: https://www.techpolicy.press/the-sec-should-block-anthropics-ipo-to-protect-the-public/ Comments URL: https://news.ycombinator.com/item?id=50344919 Points: 110 # Comments: 59
Apple's official newsroom posted its fourth quarter financial results.
Hacker News (front page)appleearningsFeed excerpt
Article URL: https://www.apple.com/newsroom/2026/11/apple-reports-fourth-quarter-results/ Comments URL: https://news.ycombinator.com/item?id=50344670 Points: 65 # Comments: 55
Meta will release its final OS update for Quest 2 and Quest Pro by March 2027, with security patches through end of 2027.
The VergemetaquestvrFeed excerpt
Meta is planning to release the last OS update for its Quest 2 and Quest Pro VR headsets by March 2027, the company announced today. The last OS update for those devices is planned to be v213, and after that, Meta will continue to ship security patches and critical bug fixes through the end of 2027. Apps that support the Quest 2 or Quest Pro can also be submitted through December 2027, Meta says. Meta is calling the Quest 3 and 3S "now the baseline for Meta VR gamers." The company is announcing this shift ahead of the planned release of its new VR Glasses, which are set to launch sometime in spring 2027. "Quest 2 and Quest Pro laid the fou … Read the full story at The Verge.
BMW will bring its Level 2 navigation-guided driver assist to urban streets starting in 2027, launching in Germany first.
The Vergebmwautomotivedriver-assistFeed excerpt
BMW says that it will expand its navigation-guided, partially automated driving capabilities into urban environments starting in 2027, launching first in Germany with other markets to follow. The new system can help steer, speed up, and slow down the vehicle on both highways and city streets using its built-in GPS navigation. While driving in town, it can assist with changing lanes, making turns, yielding to other cars, and driving through roundabouts. But as a Level 2 driver assist system, it still requires drivers to keep their eyes on the road and stay ready to take over at any moment. On the highway, BMW will allow drivers to remove the … Read the full story at The Verge.
Anthropic disclosed $900 billion in AI spending commitments ahead of its planned IPO, according to the FT.
Hacker News (front page)anthropicipofinancingFeed excerpt
Article URL: https://www.ft.com/content/4d91dbab-6fe4-45ab-beee-d77e091cb37f Comments URL: https://news.ycombinator.com/item?id=50342424 Points: 49 # Comments: 23
Squarespace is laying off 19% of its employees as part of a broader organizational restructuring.
TechCrunchlayoffssquarespaceFeed excerpt
The website builder said that the job losses are part of a broader restructuring of its organization.
The New York Times and other outlets sued Brave, alleging it scraped copyrighted content and distributed it to customers.
TechCrunchlawsuitcopyrightbraveFeed excerpt
The New York Times is suing privacy-focused web browser company Brave for allegedly scraping the outlet’s copyrighted content and unlawfully distributing it to its own customers, like Anthropic and Perplexity.
Snap settled a lawsuit alleging its platform fueled teen depression and eating disorders through addictive features.
TechCrunchlawsuitsocial-mediateensFeed excerpt
The plaintiffs said they started using YouTube as young as age 3 and other social media platforms at around age 9 and developed compulsive usage habits that they attributed to features such as autoplay and infinite scrolling.
Former Xbox COO Helen Chiang says she has serious concerns about her abrupt firing from Microsoft weeks after her promotion.
The VergemicrosoftxboxlayoffsFeed excerpt
Xbox's former chief operating officer, Helen Chiang, suddenly left Microsoft less than two weeks ago after being promoted into the role in July. I wrote in my Notepad newsletter last week that it seemed very weird for Chiang to suddenly depart Microsoft after 21 years with a surprisingly short memo from Xbox CEO Asha Sharma. Now, Chiang says she has "serious concerns" about how she was treated. In a lengthy LinkedIn post - entitled "clarity is kindness," a reference to Sharma's WSJ profile - Chiang doesn't dispute that she was fired, but she doesn't say why she was let go. Eurogamer reported last month that Chiang had been "terminated for p … Read the full story at The Verge.
Marvell plans to acquire a photonics leader for $11.5 billion to expand its optical networking business.
The RegistermarvellphotonicsacquisitionFeed excerpt
IP house believes optics demand is going to explode as Nvidia and others eye bigger systems
Oracle drew down its newly set $20 billion borrowing limit within a week and pledged no further borrowing until 2030.
The RegisteroracledebtdatacenterFeed excerpt
In the middle of a datacenter capex binge, vendor promises no more borrowing until the end of 2030
Ericsson says its ISAC technology lets existing mobile networks detect and track small low-flying drones.
The RegisterericssoncellulardronesFeed excerpt
ISAC technology adds detection ability to existing cell networks, enabling them to track low-flying small drones
Polyend has released the source code for the Tracker music sequencer firmware alongside a major update.
Hacker News (front page)open-sourcefirmwarehardwareFeed excerpt
Article URL: https://polyend.com/whats-up/tracker-the-biggest-update-yet/ Comments URL: https://news.ycombinator.com/item?id=50340159 Points: 18 # Comments: 2
Apple's rumored smart home robot reportedly delayed to 2028 because its software is not ready, per The Information.
The Vergeapplesmart-homerumorFeed excerpt
Apple has reportedly delayed the launch of its rumored smart home robot until next year at the earliest or possibly even 2028, according to The Information. It says the robot's hardware "has been finished for around two years," but that the software isn't ready. The device's software team has reportedly pushed to delay the launch and "attempted to strip back some proposed features and focus the product on a few capabilities related to FaceTime and automating home tasks, like switching on a light." According to The Information, the device is codenamed J595, but former Apple employees predict it will be called the "HomeView Ultra," taking aft … Read the full story at The Verge.
SpaceX reportedly wants to acquire Boost Mobile to gain terrestrial cellular access for Starlink.
TechCrunchspacexstarlinktelecomacquisitionFeed excerpt
SpaceX has been looking for new ways to use its Starlink network, and a tie-up with cellular operator Boost Mobile could give it the terrestrial access it needs.
Bloomberg reports that San Francisco's AI wealth boom is bypassing jobless engineers as OpenAI and Anthropic IPOs approach.
Hacker News (front page)laborai-industrymarketsFeed excerpt
Article URL: https://www.bloomberg.com/news/features/2026-09-17/san-francisco-s-ai-wealth-boom-skirts-engineers-as-openai-anthropic-ipos-near Comments URL: https://news.ycombinator.com/item?id=50337454 Points: 74 # Comments: 91
Anthropic filed an amended IPO prospectus including third-quarter financial results.
Hacker News (front page)ipoanthropicfinanceFeed excerpt
Article URL: https://www.cnbc.com/2026/11/02/anthropic-ant-s-1-quarter-financials.html Comments URL: https://news.ycombinator.com/item?id=50337439 Points: 22 # Comments: 1
SpaceX reportedly discussed acquiring Boost Mobile or accessing its network to launch a Starlink mobile service, per the Washington Post.
The VergespacexstarlinkmobiledealFeed excerpt
SpaceX has discussed a deal with Boost Mobile to launch its own service through the budget-friendly carrier, according to a report from The Washington Post. The deal, which comes as SpaceX aims to make Starlink a "major" mobile carrier, reportedly involves the Elon Musk-owned company acquiring Boost Mobile or accessing its network. Musk discussed the potential agreement with Charlie Ergen, chairman of Boost Mobile parent company EchoStar, last month, as reported by The Washington Post. Boost Mobile's network is currently powered by T-Mobile and AT&T, meaning SpaceX may need permission from the two carriers to launch its service. Neither … Read the full story at The Verge.
Commentary on Anthropic's IPO prospectus, criticizing its answers to hard questions about the company's business.
The Registeranthropicipoai-businessFeed excerpt
Pity Sam Altman: He's going to have a lot more explaining to do when OpenAI follows this work of abstract legal art