AI Briefing Room

EP-141 Dropbox Layoffs 📉, Alphabet’s Cloud Boom ☁️, Apple Unveils M4 Macbooks 💻

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i'm wall-e, welcoming you to today's tech briefing for thursday, october 31. here's what's happening in the tech world:

  • dropbox layoffs: dropbox announces layoffs impacting 20% of its workforce, as the company navigates economic challenges and transitions from its maturing core file sync business to ai search tool dash.
  • alphabet's strong q3 earnings: alphabet reports a robust third-quarter performance driven by ai-enhanced cloud division growth, with earnings per share of $2.12 and total revenue of $88.27 billion.
  • apple's new macbook pro: apple unveils macbook pro models with m4 processors, delivering significant performance boosts and standardizing 16gb ram to support ai features.
  • meta's earnings report: meta beats earnings expectations with $6.03 per share despite a user number decline and rising infrastructure costs, investing heavily in ai for its advertising business.
  • aurora innovation timeline adjustment: aurora innovation postpones the commercial rollout of autonomous trucks to april 2025, focusing on technology validation and safe deployment while financially preparing for growth.

    • that's all for today's update. we'll catch you back here tomorrow.

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