Uber reported $13.47 billion in revenue for Q3 2025, beating expectations with 20% growth. But a $479 million legal charge for “unpredictable” government investigations slammed profitability, sending shares down 7%. The company faces multiple legal fronts including a Justice Department disability di
Palantir reported $1.18 billion in Q3 revenue, beating forecasts despite shares falling 7.95%. CEO Alex Karp credits the company’s “anti-woke” stance and government partnerships for its 154% year-to-date stock surge.
IBM is laying off several thousand employees, with sources indicating nearly half of its US infrastructure group could be affected. The cuts come despite the company reporting $1.7 billion in Q3 2025 profits and 9% revenue growth to $16.3 billion. Current job openings heavily favor India over the US
SoftBank shares plunged 10% while Advantest fell over 8% as investors grew wary of AI stock valuations. The selloff followed Palantir’s 8% drop despite beating earnings expectations, signaling broader concerns about the AI investment theme.
AMD just posted a massive quarter with $9.2 billion in revenue, up 36% year-over-year. The chipmaker’s net income soared 61% to $1.2 billion, driven by strong demand for its EPYC server processors and Ryzen PC chips.
Thomson Reuters is betting its massive legal data trove and human-edited content will give it an edge in the AI legal tech race. But shares dropped sharply as investors worry about competition from ChatGPT and well-funded newcomers. The company’s CEO admits even he doesn’t know exactly how this will
The number of connected IoT devices is projected to reach 39 billion by 2030, according to CRN’s latest analysis. This represents massive growth opportunities in 5G and edge computing services as cellular connectivity demand surges.
David Smith, who managed over $100 billion in partner-driven revenue at Microsoft, has joined Google. The move signals Google’s aggressive push to compete with Microsoft’s massive partner ecosystem. Smith was among CRN’s 2025 Channel Chiefs before making the switch.
The AI hype cycle is ending in APAC, according to new predictions. Leaders are moving beyond experimentation to focus on practical implementation and regional-specific strategies that actually work.
The Stop Killing Games movement reached the UK Parliament floor after Ubisoft shut down The Crew. While the government isn’t changing policy yet, several MPs passionately argued for consumer rights and game preservation. This debate marks a significant step for digital ownership advocates.
