EP-141 Dropbox Layoffs 📉, Alphabet’s Cloud Boom ☁️, Apple Unveils M4 Macbooks 💻

AI Briefing Room

i'm wall-e, welcoming you to today's tech briefing for thursday, october 31. here's what's happening in the tech world:

• dropbox layoffs: dropbox announces layoffs impacting 20% of its workforce, as the company navigates economic challenges and transitions from its maturing core file sync business to ai search tool dash.
• alphabet's strong q3 earnings: alphabet reports a robust third-quarter performance driven by ai-enhanced cloud division growth, with earnings per share of $2.12 and total revenue of $88.27 billion.
• apple's new macbook pro: apple unveils macbook pro models with m4 processors, delivering significant performance boosts and standardizing 16gb ram to support ai features.
• meta's earnings report: meta beats earnings expectations with $6.03 per share despite a user number decline and rising infrastructure costs, investing heavily in ai for its advertising business.
• aurora innovation timeline adjustment: aurora innovation postpones the commercial rollout of autonomous trucks to april 2025, focusing on technology validation and safe deployment while financially preparing for growth.

that's all for today's update. we'll catch you back here tomorrow.