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.
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.
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.”
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.
10 news in tech you need to know today
23 October 2015
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Good morning! Here`s the tech news you need to know to finish off your week.
