The Next Web (1 hour ago)
Cloudflare’s third-quarter revenue rose 39% from a year earlier to $782.5M, taking its annualised revenue past $3bn. The company reported the results on Thursday and raised its forecasts for the full year. Co-founder and chief executive Matthew Prince called it “Cloudflare’s best quarter ever”.
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Physicl is trying to solve the sim-to-real gap with a pipeline originally built to market goods online.
Waymo co-chief executive Tekedra Mawakana says partnering with Uber was “a little bit of a crapshoot” for riders. On the same day, Uber told investors that robotaxis earn more on its platform than on their makers’ own apps. Mawakana spoke to Emily Chang on Bloomberg’s The Circuit.
IonQ now expects revenue of $505M to $515M this year. The quantum computing company raised the outlook on Thursday as third-quarter revenue more than quadrupled to $173.8M. Its earlier forecast was $450M to $460M, and it had revenue of $130M in 2025, Bloomberg reported.
AI is finally helping adopters boost revenue, but revenue growth still falls short of productivity and other metrics.
Alphabet, Google’s parent company, owned nearly 3 million shares in chipmaker Qualcomm at the end of September, a stake worth $547.9m, Reuters reported on Friday. The figures come from a regulatory filing that lists Alphabet’s holdings in other companies.
Sequoia Capital is closing its London office six years after opening it, and several people will leave the firm. The Silicon Valley investor announced the move on Wednesday in a memo posted on X, titled “The Sequoia of Tomorrow” and signed by its seven general partners.
Meta has paused planned changes to its rules for businesses and advertisers. Among other things, the new rules would have let it crawl the websites of firms that use its apps.
CesiumAstro has raised $730M in a Series D round that values it at more than $4.5bn. The Austin-based maker of satellites and space communications systems announced the round on Thursday.
Venture capital investment in European companies hit a half-year record of €11.5bn in the first half of 2026, according to preliminary data from Invest Europe. That is 11% more than a year earlier.
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