Tech giants report strong results, but murky outlooks

Five technology giants reported strong earnings but mixed outlooks Thursday, a sign of varying fortunes as they work to rebound from a pandemic-related economic slowdown earlier this year.

While all five — Amazon, Google parent Alphabet, Facebook, Apple and Twitter — exceeded analyst expectations, gloomy forecasts and other uncertainties led to share-price declines for all but Alphabet in after-market trading.

On Wednesday, the CEOs of Facebook, Google and Twitter testified before the Senate Commerce Committee, rebuffing accusations of anti-conservative bias and promising to aggressively defend their platforms from being used to sow chaos in next week’s election.


APPLE

Apple didn’t get its usual late-September surge in sales from its latest iPhone models, but still managed to eke out a slight increase in revenue during the July-September quarter, although profits fell.

Production problems lingering from factory shutdowns during the onset of the pandemic led to the iPhone delay, although analysts expect

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Fluor Selected for 5-Year Position for the U.S. General Services Administration’s One Acquisition Solution for Integrated Services Contract

Fluor Corporation (NYSE: FLR) announced today that the U.S. General Services Administration (GSA) awarded the company a five-year position on the indefinite-delivery/indefinite-quantity One Acquisition Solution for Integrated Services Contract (OASIS).

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201029006223/en/

As a company selected for a position on OASIS, Fluor is now eligible to compete for task orders designed to provide flexible and innovative solutions for complex professional services spanning multiple professional service disciplines and multiple contract types. The core areas of scope are program management services, management consulting services, logistics services, engineering services, scientific services and financial services.

“It is an honor to be selected to support the GSA to help provide greater efficiency to federal agencies,” said Tom D’Agostino, president of Fluor’s Government Group. “This award positions Fluor as a best-in-class solutions provider that will deliver a wide range of innovative and best value solutions for our

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Witricity Gets $34M For Wireless Electric Vehicle Charging, Mitsubishi Involved

Following up on the recent news about the SAE’s new standard for wireless electric vehicle charging, here’s another sign that the age of the “plug-in” car has an end in sight.

To be sure, this end will take a while to arrive, but when we look back at the dawn of the EV era in a few decades, we’ll see that the way we fill up our cars followed the same trajectory as we went through (i.e., are still going through right now) with cell phones. The latest smartphones still allow for a wired charge, but those wireless charging pads are becoming more and more

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Dan Bongino Has No Idea Why Facebook Loves Him

Granted, Mr. Bongino’s shtick is not exactly new. His brand of right-wing pugilism is similar to what talk-radio hosts like Rush Limbaugh and Mark Levin have been doing for decades. He is good at turning daily culture-war skirmishes into hyperpartisan outrage-bait, with a cast of recurring left-wing villains and right-wing heroes who inevitably show up to dunk on them. (Typical headline: “CNN’s Fredo SCHOOLED On His Brother’s Coronavirus Policies.”) And he is skilled at a certain type of industrial-scale content production that is valuable on today’s internet, flooding social media with a torrent of original posts, remixed memes and videos and found footage.

“We’ll take some interesting clip of maybe the president or Kayleigh McEnany, and we’ll intermingle it with clips of my show, and it seems to work well for us,” he said. “Wherever my content is posted, we just get an incredible response.”

Along with his Facebook page,

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Dallas Opera Announces TDO Network Programming Updates

Acclaimed 2018 production of Carmen available online through November 8 only.

Dallas Opera Announces TDO Network Programming Updates

Fall brings a flurry of activity to The Dallas Opera’s TDO Network, which continues to develop new shows and curate existing programs to engage and entertain music lovers all over the world.

Since its inception in March, TDO Network has reached Facebook viewership of more than 50 million in 50 countries and consistently ranks among the top-ten most popular international opera company digital sites. Original content is created by-and for-members of the worldwide opera community.

Coming back….After a brief summer hiatus, one of TDO Network’s most popular programs has returned with a fresh focus:

Living Your Best Life with Deanna Breiwick: Season 2 (New Episodes Tuesdays at 1:00 p.m. Central Time) American soprano Deanna Breiwick, who will make her Dallas Opera debut this season as Claude in the world premiere of Joby Talbot and Gene Scheer’s The Diving Bell

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iPhone sales fell 20% ahead of iPhone 12 launch, but Apple isn’t worried

Apple’s iPhone sales  plummeted 20% as consumers awaited the release of its iPhone 12  amid the continued spread of the coronavirus pandemic, which has upended lives, disrupted business and slowed manufacturing across the globe. But Apple executives said they weren’t terribly worried about it.



a hand holding a small camera: Now that the iPhone 12 is out, the next question is how well it'll do. Patrick Holland/CNET


© Provided by CNET
Now that the iPhone 12 is out, the next question is how well it’ll do. Patrick Holland/CNET

That’s primarily thanks to Apple’s delay releasing the iPhone 12, creating a fluke in financial reporting that artificially made the company’s sales look lower than they otherwise would. Last year’s number included about a week of newly announced iPhone sales. This year’s number did not. As a result, Apple tallied $26.4 billion in older iPhone  sales, down more than a fifth from the same time a year ago.



a close up of text on a black surface: Squint hard enough and you might see Apple's future.


© Angela Lang/CNET

Squint hard enough and you might see Apple’s future.


Instead of lingering on

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Netflix hikes prices on standard and premium streaming subscriptions

Netflix
is raising the monthly subscription fees for its standard and premium plans. A standard subscription, the most popular Netflix offering, will now cost $14 a month, or $1 more a month than before. A premium subscription — which unlocks 4K resolution and HDR, along with an increase in the number of screens you can simultaneously stream from — will now cost $18 a month, a jump of $2.

The move comes as many people continue to hunker down in their homes amid the ongoing COVID-19 pandemic, putting extra emphasis on the demand for streaming entertainment from an increasingly crowded field. Within the last year, competition has arrived in the form of streaming services including Apple TV Plus
, Disney Plus, HBO Max
, Peacock and Quibi.

“We understand people have more entertainment choices than ever and we’re committed to delivering an even better experience for our

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Alphabet’s Q3 revenue jumps 14% as the company bounces back from a historic slump



graphical user interface: Google CEO Sundar Pichai speaks on stage during the annual Google I/O developers conference in Mountain View, California, in 2018. REUTERS/ Stephen Lam


© REUTERS/ Stephen Lam
Google CEO Sundar Pichai speaks on stage during the annual Google I/O developers conference in Mountain View, California, in 2018. REUTERS/ Stephen Lam

  • Alphabet reported its Q3 earnings on Thursday, revealing a mammoth 14% jump in revenue.
  • The company beat Wall Street estimates, bringing in $38.01 billion in revenue (minus traffic acquisition costs).
  • “This quarter, our performance was consistent with the broader online environment,” said CEO Sundar Pichai on a call with investors.
  • Are you an Alphabet employee? Contact this reporter via the encrypted messaging app Signal (+1-628-228-1836) or email ([email protected]).
  • Visit Business Insider’s homepage for more stories.

Google parent Alphabet’s third-quarter results showcased a massive bounceback after its Q2 slump. 

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The company reported revenue of $38.01 billion (minus traffic acquisition costs) with earnings per share of $16.40. It represents a 14% year-on-year revenue jump over the same quarter last year, and

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Trump Website Briefly Defaced, Promoted Crypto Scam

(Bloomberg) — One of Donald Trump’s campaign websites, donaldjtrump.com, was briefly made to look like it had been seized by law enforcement Tuesday, an effort that appeared to be part of a cryptocurrency scam.



a close up of Donald Trump with a beard looking at the camera: U.S. President Donald Trump speaks to members of the media before boarding Marine One on the South Lawn of the White House in Washington, D.C., U.S., Tuesday, Oct. 27, 2020.


© Bloomberg
U.S. President Donald Trump speaks to members of the media before boarding Marine One on the South Lawn of the White House in Washington, D.C., U.S., Tuesday, Oct. 27, 2020.

The takeover, termed a defacement by cybersecurity experts, lasted for less than an hour. During that time, the web page was made to look like it had been take over by the government and included images of Federal Bureau of Investigation and Justice Department seals. It also included a message urging people to send digital currency to an account, a technique used by criminals.

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It is unknown who caused the defacement, or if the Trump website was hacked. A website defacement doesn’t

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Atmos, A Startup For Custom Homes, Raises Funds At A $25 Million Valuation

Atmos, a new startup that makes it easier to build custom homes, has raised $4 million at a $25 million valuation, in a round led by Khosla Ventures. A graduate of Y Combinator, the company’s roster of investors also includes Sam Altman, Adam Nash, JLL Spark, and a group of TikTok influencers. 

“The only way to improve housing affordability in the US is to build more houses, and the building of new, custom homes has long been a confusing, unreliable process,” says Evan Moore, a partner at Khosla Ventures who previously helped launch Opendoor. “Atmos enables significantly more people to build the homes they want.”

Atmos’ pitch is that it centralizes information for prospective homebuilders, who traditionally have to search separately for realtors, available lots, builders and architects. “In general it’s just a super scattered process,” says Nicholas Donahue,

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