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Amazon Sets Up an $80bn Secured Loan Facility for Tech Infrastructure

An Amazon loan facility of up to $80bn, secured on purchased assets, will fund technology infrastructure buys from 2027. Lenders are not named.

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Meta and Snap Go on Trial in LA Over Teen Social Media Addiction

Jury selection starts in Los Angeles in a trial over claims that Meta and Snap designed apps that harmed two teenagers. It is the second such trial.

Android App Stores Can Apply for One-Tap Installs at $10,000 a Year

Third-party Android app stores outside the US can now apply to Google for one-tap installs and silent updates, for $10,000 a year, from 1 December.

Meta Launches $35bn of Share Offerings and Plans a $60bn ATM Sale

Meta launched about $35bn of stock offerings on 26 October and plans a $60bn at-the-market sale of Class C shares from early 2027.

Meta Buys Sundial as Two Ex-Meta Founders Return for AI Analytics

Meta has acquired Sundial, an AI analytics start-up founded by ex-Meta staff. Co-founder Chandra Narayanan will lead its analytics tools and agents work.

Meta Plans Non-Voting Shares as $9.89bn Charge Cuts Q3 Operating Income 37%

Meta's Q3 revenue rose 26% to $64.6bn, but a $9.89bn legal charge cut operating income 37%. It also plans non-voting Class C shares from January.

Meta Ordered to Pay New Mexico $25bn Over Facebook Privacy Claims, Reports Say

A New Mexico judge has ordered Meta to pay $25bn in penalties after a jury found Facebook misled users about privacy, according to Source NM and CNBC.

Xbox Reportedly Plans a 2027 Handheld and a 2028 Helix Console

Microsoft plans an Xbox handheld for holiday 2027 and the Project Helix console for 2028, Fortune reports, with an internal $1,200-$1,800 price projection.

Salesforce Agrees to Buy Braze for About $5.66bn to Bolster Marketing Cloud

Salesforce has agreed to buy customer engagement platform Braze for about $5.66bn in enterprise value, or $47.50 a share in cash. Approvals still needed.

Meta Details Prometheus, Its Gigawatt-Scale Ohio Supercluster

Meta says Prometheus phase one is complete in New Albany, Ohio — hundreds of thousands of GPUs training Muse, aiming toward ~1 million GPUs.

Salesforce Plans $1bn Spain Investment, Makes Madrid EMEA South Hub

Salesforce says it will invest $1 billion in Spain over five years, with a new Madrid HQ as its EMEA South hub and an AI implementation team.

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