The Week in Tech: The Buildout Meets Its Balance Sheet
Four hyperscalers reported negative or falling free cash flow, Samsung and SK hynix booked records, Anthropic filed to go public and Binance lost billions
By TPW Editorial22 min read
#big-tech
5 stories · “big-tech”.
Nvidia Puts $3 Billion Into Meta's Equity Sale and Expands the Muse Partnership
Nvidia will invest $3 billion in Meta's $95 billion equity offering and widen their Muse partnership, with AMD adding $1 billion to the same share sale.
By TPW Editorial9 min read
Meta's Free Cash Flow Turned Negative for the First Time Since 2012
Meta's Q3 2026 revenue rose 26% to $64.60 billion, but free cash flow turned negative at -$2.12 billion as AI capex climbed and shares fell almost 7%.
By TPW Editorial8 min read
Google Gives Its CC Agent a Family Account and a Permission Model
Google Labs turned its CC assistant into a shared agent for households, with its own Google account, opt-in data sharing for up to six people and delegated paperwork.
By TPW Editorial7 min read
Tim Cook Steps Down as Apple CEO as John Ternus Takes Over
Tim Cook handed Apple's CEO role to hardware chief John Ternus on September 1, ending a 15-year run that made Apple a $4 trillion company, and leaving a hard AI problem.
By TPW Editorial8 min read