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Amazon gives Wall Street mixed financial picture in earnings report

The Guardian

A delivered Amazon paper padded mailer bag resting on a concrete pillar structure in Saratoga Springs, Utah, on 31 August 2026. A delivered Amazon paper padded mailer bag resting on a concrete pillar structure in Saratoga Springs, Utah, on 31 August 2026. Amazon offered a mixed picture of its financial health on Thursday in its quarterly earnings report. The e-commerce company gave a cautious sales forecast for the current fourth quarter, which encompasses the critical holiday shopping period, after delivering fiscal third-quarter results that came in below Wall Street analysts' expectations. The Seattle-based company posted strong growth, however, in its prominent cloud computing unit.


What is it like to work when your co-workers are AI agents?

The Guardian

In the San Francisco tech scene, agents have quickly become a new status symbol. In the San Francisco tech scene, agents have quickly become a new status symbol. What is it like to work when your co-workers are AI agents? O n an average workday, Dhruv Amin chats with dozens of colleagues to get things done at his AI startup Anything. He might ask Gwen, his executive assistant, to schedule a meeting, then troubleshoot a technical problem with Cody, his coding partner.


Investors turn on Google owner Alphabet after profit miss, ad slowdown and high spending

The Guardian

Google logo is displayed at its headquarters in New York City. Google logo is displayed at its headquarters in New York City. Net profit slid 25% from a year earlier to $26.2bn, well short of expectations, though revenue rose to $127.6bn Shares in Google parent Alphabet fell more than 10% in after-hours trading Wednesday, erasing tens of billions of dollars in stock market value from the $4tn tech giant. The company had reported lower-than-expected profit and a slowdown in its advertising business while it maintained big spending on AI.


Four takeaways from Anthropic's potentially record-breaking stock market filing

The Guardian

The 92-page document released on Monday talks about Anthropic's explosive growth and the risks AI has brought to the business. The 92-page document released on Monday talks about Anthropic's explosive growth and the risks AI has brought to the business. The AI company's first public financial disclosures reveal explosive growth, huge costs and risks ranging from cyber-attacks to the limits of safeguards Anthropic has filed to go public on the US stock market, revealing for the first time the AI research lab's financials and all the risks - more than 90 pages of them - that might negatively impact its business. The company's investor prospectus, released Monday, veers from hyperbolic predictions about AI's "incredible potential" to existential risks of the technology to the reality of its current business: explosive but incredibly expensive growth. The filing to US financial regulators, known as an S-1, provides the public's first look at an audited version of Anthropic's finances.


'Digital hostile environment': AI secretly being embedded across Home Office, report claims

The Guardian

AI is being trialled in near-total secrecy, with officials routinely invoking national security to stonewall FoI requests, the report says. AI is being trialled in near-total secrecy, with officials routinely invoking national security to stonewall FoI requests, the report says. 'Digital hostile environment': AI secretly being embedded across Home Office, report claims Tasks from determining asylum seekers' ages to border surveillance now involve AI, says Open Rights Group AI has been embedded across the Home Office in near-total secrecy, reinforcing the so-called hostile environment for immigration, according to research. Tasks from the detection of potential sham marriages to determining the age of asylum seekers and checking through the contents of phones of new arrivals now involve use of the technology, according to a report by Open Rights Group (ORG). It is also being used to conduct surveillance of borders, through live facial recognition and AI-powered drones and satellites; to summarise asylum interviews and country policy information used as evidence in those interviews; and to prioritise and assess cases through the opaque Identify and Prioritise Immigration Cases (Ipic) tool.


Microsoft to reportedly offer buyouts to 60,000 employees in latest cuts

The Guardian

Microsoft announced that it would offer buyouts to 60,000 employees in an effort to reduce costs amid the rising use of artificial intelligence, according to reports, the latest example of how AI is reshaping tech companies and the greater workforce. This is the latest of several trimmings Microsoft has made to its workforce this year. The company announced in April that it was offering voluntary retirement to about 7% of its US workforce, which consisted of about 125,000 employees at the time. Its global workforce is made up of about 223,000 workers globally. Some of Microsoft's most recognizable divisions - including Xbox, Windows and Copilot, its AI tool - will be participating in the offer, Bloomberg reported on Monday.


Australians should prepare for online services to go down unexpectedly as threats rise, cyber agency warns

The Guardian

ASD director general Abigail Bradshaw says'we must harness the technologies that are reshaping the threat environment'. ASD director general Abigail Bradshaw says'we must harness the technologies that are reshaping the threat environment'. Australian Signals Directorate chief says advanced AI tools are needed to defend against'AI-enabled attackers' Australians should prepare for more basic and important online services to go offline unexpectedly, the nation's signals intelligence agency has warned, urging that "system security must be prioritised over system availability". The Australian Signals Directorate (ASD) also says businesses and critical infrastructure must use cutting-edge AI models to defend against digital threats, raising alarm that artificial intelligence is enabling more dangerous threats than ever. In its annual cyber threat report, ASD warns hostile foreign governments, criminals and hackers are using AI to gather intelligence, disrupt critical infrastructure and steal money, and that Australians should fight fire with fire.


'Black October': cybersecurity experts sound the alarm over new era of AI-enabled hacking

The Guardian

'Black October': cybersecurity experts sound the alarm over new era of AI-enabled hacking After discovery of severe bug in the PHP programming language, executives warn of'vulnerability tsunami' Leaders in cybersecurity are sounding the alarm after the discovery of a major vulnerability this week. They are predicting that artificial intelligence tools will expose more fundamental weaknesses in global internet infrastructure in the months to come. "I no longer think we're going to be able to patch all bugs," said Sam Altman on Thursday evening, joining the chorus of executives. In the midst of what's being called "Black October", for which researchers used AI to help identify critical flaws in a coding language that is used across millions of websites and may have been unpatched for years, tech executives are warning about the ways AI will be used both to identify and exploit security vulnerabilities at an unprecedented scale and pace. The next few months will see a "vulnerability tsunami", according to Jason Clinton, Anthropic's deputy chief information security officer.


Experts cast doubt on Anthropic report detailing how AI has altered work at the company

The Guardian

Dario Amodei, Anthropic's CEO, and Marc Benioff, Salesforce's CEO, attend the Dreamforce 2026 summit in San Francisco, California,on 15 September 2026. Dario Amodei, Anthropic's CEO, and Marc Benioff, Salesforce's CEO, attend the Dreamforce 2026 summit in San Francisco, California,on 15 September 2026. L ast year, Anthropic CEO Dario Amodei warned that artificial intelligence could eliminate half of entry-level white-collar jobs and that in six months it would be writing 90% of code . Neither of those predictions came to pass. Now, in a report Anthropic published on Thursday, the company said it was hiring fewer junior technical workers and that human attention has become the new "bottleneck" as it increasingly relies on its Claude AI agents.


Flaw in PHP computer language leads to shutdown of websites around world

The Guardian

The PHP Foundation has released a patch for the flaw but it may take time for vulnerable sites to use it to shore up their defences. The PHP Foundation has released a patch for the flaw but it may take time for vulnerable sites to use it to shore up their defences. Websites around the globe have gone dark after a serious vulnerability was found in a computer language used to build much of the world wide web. Belgian, Dutch, Finnish, French and German sites were among those that governments took down temporarily as they scrambled to patch the critical weakness in PHP, a language used by almost 70% of websites . The vulnerability in the programming language, which became public on Tuesday, sparked warnings from national security agencies in Washington and London.