Roku beats expectations with Q3 net income of $24.8M, vs. a net loss of $35.8M a year ago, and revenue of $1.21B, up 14% YoY; total streaming hours rose 12% YoY (Todd Spangler/Variety)

Todd Spangler / Variety:
Roku beats expectations with Q3 net income of $24.8M, vs. a net loss of $35.8M a year ago, and revenue of $1.21B, up 14% YoY; total streaming hours rose 12% YoY  —  Roku, the top independent streaming device a…

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Australia news live: nation’s first Indigenous treaty passes Victorian parliament: Coalition to meet on net zero policy

Statewide treaty bill passes 21 votes to 16; MPs gather to discuss the policy dividing Liberals and Nationals. Follow the latest news liveGet our breaking news email, free app or daily news podcastZali Steggall to host climate roundtable todayIndepende…

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Sources: Intel is in early-stage talks to acquire AI chip startup SambaNova, with a deal likely valuing SambaNova below its $5B valuation in 2021 (Bloomberg)

Bloomberg:
Sources: Intel is in early-stage talks to acquire AI chip startup SambaNova, with a deal likely valuing SambaNova below its $5B valuation in 2021  —  Intel Corp. is in preliminary talks to buy artificial intelligence chip s…

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Amazon reports Q3 ad revenue up 24% YoY to $17.7B, vs. $17.3B est., and subscription services revenue up 11% YoY to $12.6B (Lucas Manfredi/The Wrap)

Lucas Manfredi / The Wrap:
Amazon reports Q3 ad revenue up 24% YoY to $17.7B, vs. $17.3B est., and subscription services revenue up 11% YoY to $12.6B  —  Sales for subscription services, which includes Prime Video, grew 11% to $12.6 b…

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