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10 things in tech you need to know today

Oct 23, 2015, 12:37 IST

Chung Sung-Jun/Getty Images

Good morning! Here's the tech news you need to know to finish off your week.

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1. Google's stock has soared on an earnings beat and monster buyback programme. The company beat Wall Street expectations for the quarter and is buying back as much as $5 billion (£3.3 billion) of Class C stock, sending stock shooting up 10% after-hours.

2. Amazon shares went wild after an earnings beat. The stock price jumped as much as 11% in after-hours trading.

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3. Microsoft's stock has hit its highest point since a judge ruled it broke antitrust law back in 2000. The company's quarterly earnings report beat Wall Street expectations on Thursday, and stock jumped 8% in after-hours trading.

4. Facebook has fired a shot against Google and Twitter by making its search more powerful. It has now indexed 2 trillion public posts.

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5. British broadband supplier TalkTalk was hacked. Customers' information - including bank details - may have been stolen.

6. Pandora stock plummeted 20% after it missed analyst expectations for the quarter. Revenue was up 30% year-on-year.

7. Microsoft has quietly laid off as many as 1,000 employees. The layoffs come from multiple divisions.

8. Jack Dorsey is giving a third of his Twitter stock back to employees. The stock currently has a total value of around $214 million (£139 million).

9. London startup GoCardless is in talks to raise a huge new round of funding. Sources say it's in the "tens of millions."

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10. Google-backed Magic Leap could be raising $1 billion (£650 million) in funding - one of the biggest deals ever. The secretive startup builds augmented reality technology.

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