Microsoft reported $92.3 billion in quarterly revenue, representing a 19% year-over-year increase and marking its 10th consecutive quarter of record-breaking revenue. The company's financial performance reflects strong demand for its cloud and AI-integrated services.
Source: TechCrunch
Cybersecurity experts warn that attackers increasingly target intermediate systems rather than direct entry points, according to Flowgear's chief marketing officer. The shift represents a new landscape of cyber threats becoming normalized in October. Source: ITWeb
The IITPSA skills conference examined workforce adaptation to AI adoption, with experts emphasizing the importance of strategic planning, transparent communication, and practical skills development. The event focused on responsible AI implementation in organizations. Source: ITWeb
Apple is reportedly reducing its internal AI spending for engineering teams. The company is said to be significantly cutting budgets allocated to artificial intelligence tools used by its developers. Source: TechCrunch
AI industry political action committees spent millions of dollars during the 2026 midterm elections in an attempt to influence congressional outcomes, achieving mixed results. Political groups focused on AI policy are already preparing strategies for the next election cycle. Source: TechCrunch