Welcome to the Tech Meme Right Home for Friday, October 27th, 2023. I'm Brian McCullough today.

Amazon wraps up Tech Earnings Week. Microsoft raises the alarm about a really sophisticated new hacking

group. SBF actually takes the stand. Open AI sets up a system to keep their AI from, you know,

blowing up the world, and of course, the weekend long read

suggestions. Here's what you miss today in the world of tech.

Wrapping up the big tech earnings week with the caveat that Apple still reports next week

Amazon reported Q3 revenue up 13% to 143.1 billion.

Net income was up $244 to 9.9 billion.

Operating income was up 343 percent to 11.2 billion.

And their subscription revenue even grew 14 percent to 11.2 billion and their subscription revenue even grew 14% to 10.2 billion.

Their big new business line though, I guess it's not so new anymore.

Their advertising business grew 26%.

Amazon now makes more than 12 billion dollars a quarter in advertising revenue.

AWS, well still growing too at 12% year over year.

The operating margin for AWS was 30.3% which actually was the widest operating margin in about two years.

So Amazon stock was up over 5% this morning in pre-market trading.

Microsoft has published a really detailed profile of Octo Tempus, a dangerous new hacking group targeting

organizations across tech gaming, financial services, and other sectors.

This is an English-speaking threat actor

that Microsoft says has some of the most advanced

social engineering schemes they've seen yet.

Also, they're actually willing to resort

...