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Reddit shares jump as much as 20% on second-quarter sales and guidance beat

Reddit CEO Steve Huffman hugs mascot Snoo as Reddit begins trading on the New York Stock Exchange on March 21, 2024. Reddit shares jumped as much as 20% after the company reported second-quarter earnings on Thursday that beat on sales and guidance. Here's how the company did compared with LSEG estimates: Earnings per share: 45 cents vs. 19 cents expected 45 cents vs. 19 cents expected Revenue: $500 million vs. $426 million expected Reddit's revenue grew 78% year-over-year in the second qu

Figma's top VCs are sitting on $24 billion worth of stock after massive IPO pop

Figma Inc. signage during the company's initial public offering (IPO) at the New York Stock Exchange (NYSE) in New York, US, on Thursday, July 31, 2025. You can almost smell the bubbly wafting across Silicon Valley. Following Figma's blockbuster market debut on Thursday, four of the most iconic names in venture capital — Index Ventures, Greylock, Kleiner Perkins and Sequoia — are collectively sitting on roughly $24 billion worth of the design software vendor's stock. Until recently, there's b

Apple is 'open to' acquisitions to boost its AI roadmap

Apple leadership discussed results and updates today in its third-quarter conference call, including some statements about its AI endeavors. As reported by CNBC, CEO Tim Cook said that the company is "significantly growing out investments" in artificial intelligence, which shouldn't be much of a surprise for any players in the tech space. However, Cook did acknowledge that an acquisition to boost its work in AI wasn't out of the question. "We’re open to M&A that accelerates our roadmap," he said

Hard-won vibe coding insights: Mailchimp’s 40% speed gain came with governance price

Want smarter insights in your inbox? Sign up for our weekly newsletters to get only what matters to enterprise AI, data, and security leaders. Subscribe Now Like many enterprises over the past year, Intuit Mailchimp has been experimenting with vibe coding. Intuit Mailchimp provides email marketing and automation capabilities. It’s part of the larger Intuit organization, which has been on a steady journey with gen AI over the last several years, rolling out its own GenOS and agentic AI capabili

Tim Cook says Apple is ‘open to’ AI acquisitions

is a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO. Posts from this author will be added to your daily email digest and your homepage feed. Apple CEO Tim Cook says the company is “open” to mergers and acquisitions as it “significantly” increases its investment in AI, as reported by CNBC. Cook’s statements were made alongside the release of Apple’s third-quarter earnings results, which revealed that

Apple says Trump’s tariffs are adding another $1 billion to its costs

is a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO. Posts from this author will be added to your daily email digest and your homepage feed. Apple is spending a lot on President Donald Trump’s tariffs. During an earnings call on Thursday, Apple CEO Tim Cook said the duties could add $1.1 billion to its costs during the September quarter. Cook says Apple has already spent around $800 million during t

Iconiq’s Will Griffith explains how his firm celebrated Figma’s IPO and why investors sold shares

Will Griffith had only been two months in his job as a venture investor for Iconiq when he met a 19-year-old college dropout named Dylan Field. This would lead to one of his signature seed investments, in a startup called Figma. On Thursday, Figma went public with the stock popping from the $33 IPO opening price to close at $115.50 and a $47 billion market cap. And Griffith could not be more effusive in his praise for the company. “You go to one of these user conferences and you’re like, there

Apple plans to ‘significantly’ grow AI investments, Cook says

Apple on Thursday signaled that it’s getting more serious about its plans to catch up in the AI race. “We see AI as one of the most profound technologies of our lifetime. We are embedding it across our devices and platforms and across the company. We are also significantly growing our investments,” CEO Tim Cook said on the Q3 2025 earnings call with investors. “Apple has always been about taking the most advanced technologies and making them easy to use and accessible for everyone, and that’s a

Apple has now sold 3 billion iPhones

Apple has sold 3 billion iPhones since the product was launched in 2007, Apple CEO Tim Cook said Thursday during the company’s third-quarter earnings call. It took Apple nine years to sell the billionth iPhone, a milestone the company reached in 2016. This implies that Apple sold 2 billion between 2016 and now — also a nine-year period — marking the product’s growing popularity. While Apple celebrates 3 billion iPhones sold, the company has struggled a bit in the stock market this year, as the

Roblox stock soars 10% after revenue beat, strong user growth

Roblox stock soared 10% on Thursday after the company reported second-quarter revenue that beat expectations amid strong user growth. The gaming platform saw $1.44 billion in net bookings, up 51% over the year prior. Analysts polled by LSEG expected $1.24 billion in net bookings for the quarter. User and engagement numbers were also strong for the company, with daily active users at 111.8 million, up 41% year over year, and hours engaged at 27.4 billion, up 58%. StreetAccount expected 106 mil

Reddit shares jump 20% on second-quarter sales and guidance beat

Reddit CEO Steve Huffman hugs mascot Snoo as Reddit begins trading on the New York Stock Exchange on March 21, 2024. Reddit shares jumped as much as 20% after the company reported second-quarter earnings on Thursday that beat on sales and guidance. Here's how the company did compared with LSEG estimates: Earnings per share: 45 cents vs. 19 cents expected 45 cents vs. 19 cents expected Revenue: $500 million vs. $426 million expected Reddit's sales grew 78% year-over-year in the second quar

Tim Cook: Apple is ‘significantly growing’ AI spend, M&A could accelerate roadmap

Today Apple reported its quarterly earnings, far exceeding Wall Street expectations with a huge 10% YoY revenue increase. Apple CEO Tim Cook also signaled strong AI ambitions for the company in quotes made to CNBC. Apple’s AI investments are growing, but much more could be ahead Kif Leswing writes at CNBC: “We are significantly growing our investments,” Cook said about AI. “We’re embedding it across our devices, across our platforms and across the company.” Cook said that Apple had acquired “

Formula E cars keep getting faster and faster: What’s next for the sport?

In addition to being bigger and heavier, teams are also going to have high- and low-downforce configurations. Racing drivers will always want more grip, but the addition of aerodynamics to push cars down onto the track surface can fundamentally change the racing, and not always in a way that makes for an entertaining spectacle for the audience. That said, Formula E isn’t adding downforce to Gen 4 just because. Change is never easy "This was a hot topic. No mitigation: car performance, car perf

AI is a floor raiser, not a ceiling raiser

AI is a Floor Raiser, not a Ceiling Raiser¶ A reshaped learning curve¶ Before AI, learners faced a matching problem: learning resources have to be created with a target audience in mind. This means as a consumer, learning resources were suboptimal fits for you: You're a newbie at $topic_of_interest , but have knowledge in related topic $related_topic . But finding learning resources that teach $topic_of_interest in terms of $related_topic is difficult. , but have knowledge in related topic .

Formula E wraps up season 11—where does the all-EV series go next?

In addition to being bigger and heavier, teams are also going to have high- and low-downforce configurations. Racing drivers will always want more grip, but the addition of aerodynamics to push cars down onto the track surface can fundamentally change the racing, and not always in a way that makes for an entertaining spectacle for the audience. That said, Formula E isn’t adding downforce to Gen 4 just because. Change is never easy "This was a hot topic. No mitigation: car performance, car perf

Figma more than triples in NYSE debut after selling shares at $33

Figma 's stock more than tripled in its New York Stock Exchange debut on Thursday, a day after the design software company sold shares at $33 in its IPO. The big opening pop is the latest indication that the tech IPO market has reopened following a multi-year lull that began in early 2022, when inflation was soaring and interest rates were on the rise. So far this year, online bank Chime , stablecoin issuer Circle and artificial intelligence infrastructure provider CoreWeave have hit the market

Show HN: Mcp-use – Connect any LLM to any MCP

Connect any LLM to any MCP server 🌐 MCP-Use is the open source way to connect any LLM to any MCP server and build custom MCP agents that have tool access, without using closed source or application clients. 💡 Let developers easily connect any LLM to tools like web browsing, file operations, and more. If you want to get started quickly check out mcp-use.com website to build and deploy agents with your favorite MCP servers. Visit the mcp-use docs to get started with mcp-use library For the

AI Is a Floor Raiser, Not a Ceiling Raiser

AI is a Floor Raiser, not a Ceiling Raiser¶ A reshaped learning curve¶ Before AI, learners faced a matching problem: learning resources have to be created with a target audience in mind. This means as a consumer, learning resources were suboptimal fits for you: You're a newbie at $topic_of_interest , but have knowledge in related topic $related_topic . But finding learning resources that teach $topic_of_interest in terms of $related_topic is difficult. , but have knowledge in related topic .

Ferrari Status

Is Ferrari a car company? The obvious answer is yes, but not according to its CEO, Benedetto Vigna, who recently described the company’s business model saying, “We are not – we are not – a car company. We are a luxury company that is also doing cars.” That’s their differentiator. Their brand. Their “schtick.” And, it works, but not because it’s a marketing ploy. It works because Ferrari backs it up with its actions. How so? By adhering to its founder Enzo Ferrari’s “scarcity dictum” that de

Kaizen (YC X25) is hiring engineers to build browser agents that work

Why you should join Kaizen Kaizen uses browser agents to help developers instantly integrate into websites without APIs. We’re tackling the $300B business process outsourcing market by automating all repetitive work done on the computer. The problem: Most business-critical data lives in web portals without APIs. In logistics, healthcare, and financial services companies rely on hundreds of these systems. Custom integrations across them typically involve weeks of engineering work, a never-endin

The Wyndham Championship 2025: TV Schedule Today, How to Watch, Stream All the PGA Tour Golf From Anywhere

The PGA Tour heads to North Carolina for the final regular-season event on the 2025 calendar, as a strong lineup takes on the Wyndham Championship. Keep reading to find out the best live TV streaming services you can use to watch each day of the tournament live wherever you are in the world, and how to use a VPN if they're not available where you are. This weekend's action at the 7,131-yard, par-70 Sedgefield Country Club course provides the final opportunity players have to get into the top 7

WWE SummerSlam 2025: When It Starts and How to Watch the Pro Wrestling Event

For the first time ever, WWE's SummerSlam, the company's iconic summer event, is being extended to two days: Saturday, Aug. 2 and Sunday, Aug. 3. It's all going down at New Jersey's MetLife Stadium, and if you've been paying attention to the in-ring drama over the past few months, you'll know that this jam-packed SummerSlam is going to be a must-watch. Of the marquee matches that'll unfold, one of the most-anticipated bouts is the rematch between Cody Rhodes and John Cena for the Undisputed WWE

Design and development shop the Iconfactory is selling some apps —and AI is partially to blame

At one point, an app called Twitterrific was one of the most popular iPhone apps for browsing Twitter. These days, the company behind that app, and the many apps that followed, is struggling. And AI may partially be to blame. On Wednesday, the company known as the Iconfactory admitted it was at a crossroads and was putting up several of its apps for sale due to a lack of resources. While the announcement positioned the matter as a situation where the Iconfactory’s app catalog had simply grown t

A Deadly Outbreak of Legionnaires’ Disease Is Hitting NYC

A deadly outbreak of Legionnaires’ disease is ripping through Central Harlem in New York City. Local health officials report that about two dozen residents have been sickened by the pneumonia-causing bacteria so far this month. The NYC Health Department issued its latest update on the outbreak Wednesday, following its first report last week. Since July 25, there have been 22 cases of Legionnaires’ disease diagnosed throughout the area, along with one death. Residents in the affected neighborhoo

Google is experimenting with machine learning-powered age-estimation tech in the US

Google is testing a machine learning-powered tech in the U.S. to determine the age of users and filter content across all its products accordingly. The company said it will consider data from Google accounts, including types of details users have searched for or categories of videos they have watched on YouTube, to determine the age. If the company’s tool decides that a user is under 18, they would get an email with details about how Google products might change for them. For these users, Goog

Microsoft ends tradition of naming competitors in regulatory filings

Microsoft CEO Satya Nadella leaves after attending a meeting with Indonesian President Joko Widodo at the Presidential Palace in Jakarta, Indonesia, on April 30, 2024. Microsoft has abandoned a decades-long tradition of calling out the names of its rivals in regulatory documents. When the 50-year-old technology company released its annual report Wednesday, the 101-page document contained zero references to longtime foes Apple and IBM . Nor did it mention privately held challengers such as Anth

Arm stock tumbles on chip designer's muted profit forecast

Shares of Arm Holdings plunged 12% on Thursday after the chip designer offered muted guidance for earnings. Second-quarter adjusted earnings will be between 29 cents and 37 cents per share, Arm said late Wednesday. Wall Street had projected 35 cents per share. The company forecast second-quarter revenue of $1.01 billion to $1.11 billion, which was in line with consensus estimates of $1.05 billion. The concerning outlook was amplified by commentary from Arm CEO Rene Haas, who indicated the com

Chillin' by the Fire is a relaxing, co-op campfire sim that's out today on Nintendo Switch 2

Thursday's Nintendo Direct showcased some interesting games, but none seemed more relaxing than one called Chillin' by the Fire. This is a campfire sim from Oink Games in which you'll build and grow a fire. You'll split and stack firewood, dry out wet logs before adding them to your blaze and fan the flames by blowing on 'em. It's important not to have too little or too much wood in a fire at any given time, and you might have to deal with elemental factors like low temperatures on a snowy mount

Lyft completes its $197 million acquisition of Europe's Freenow

Lyft has received the required regulatory clearance to finalize its acquisition of the European app-based taxi company Freenow. First announced back in April, Lyft’s approximately $197 million agreement with BMW and Mercedes-Benz allows the company to expand outside of North America for the first time. Freenow’s service will continue to operate as normal, but Bloomberg reports that users will be prompted to download the Lyft app when travelling in the US or Canada, and vice versa for Lyft rider

This thermostat mistake was costing me hundreds: 3 tips to get the best temperature control

Maria Diaz/ZDNET Have you ever found yourself in a thermostat tug-of-war? One room feels like a sauna, another like an icebox, all while your trusty thermostat claims your home is at a perfectly average and comfortable 72 degrees? The truth is, you're probably not imagining things, and the culprit could be hanging right there on your wall. As it turns out, where your thermostat is located can make a world of difference to both your comfort and your energy bills. Also: How to disable ACR on yo