10 Things In Tech You Need To Know This Morning
Getty / David Ryder
1. Amazon stock was down over 12% after a disappointing Q3 earnings call. There were misses on both the top and bottom line.
2. Amazon is taking a $170 million charge for unsold Fire Phones.
3. Microsoft announced it beat estimates in its Q1 earnings. The stock was up 4% last night.
4. A doctor in New York who tested positive for Ebola took an Uber on Wednesday. The transmission risk is very low, however.
5. Facebook launched a new app called Rooms. It lets people create forums about their interests.
6. Microsoft co-founder Paul Allen has pledged $100 million to help fight Ebola. He often donates money to charity.
7. Alternative social network Ello has raised $5.5 million in funding. It now has over 1 million users.
8. Apple has promised to help the employees of its sapphire supplier find jobs after they ended their partnership. The company is closing its US production plants.
9. A New York judge says that Aereo must shut down for good. The company had previously considered continuing as a cable company.
10. Facebook and Yahoo have unveiled a plan to stop scammers recreating closed email accounts. This should stop people hacking into some Facebook accounts.
- US buys 81 Soviet-era combat aircraft from Russia's ally costing on average less than $20,000 each, report says
- 2 states where home prices are falling because there are too many houses and not enough buyers
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- Why did a NASA spacecraft suddenly start talking gibberish after more than 45 years of operation? What fixed it?
- ICICI Bank shares climb nearly 5% after Q4 earnings; mcap soars by ₹36,555.4 crore
- Markets rebound sharply on buying in bank stocks firm global trends
- Bengaluru's rental income highest in Q1-2024, Mumbai next: Anarock report
- Rupee falls 10 paise to settle at 83.48 against US dollar