Breaking Tech: Oct 1 (5 stories)
Wednesday, 1 Oct 2025 Daily Technology GLOBAL
Here is your Daily summary for Technology across the world for Wed 1st October 2025
CoreWeave has secured a significant deal with Meta, providing up to $14.2 billion in computing power, marking a major step in the tech landscape as demand for cloud services surges. Meanwhile, Spotify's founder Daniel Ek is stepping down as CEO, a move that has led to a decline in the company's stock, raising questions about its future direction.
Amazon is making waves with a comprehensive overhaul of its device lineup, introducing a color Kindle with a stylus and a $40 4K TV stick, alongside revamped Echo speakers and Ring cameras. This strategic push aims to enhance its competitive edge against Apple in the AI-driven market, showcasing a commitment to innovation and user experience.
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CoreWeave’s $14 Billion Meta Deal, Spotify’s Ek to Leave CEO Role | Bloomberg Tech 9/30/2025
Bloomberg Technology 30 Sep 2025, 6:15pmBloomberg’s Caroline Hyde and Ed Ludlow discuss CoreWeave’s deal to supply Meta with up to $14.2 billion worth of computing power. Plus, Spotify shares sink on news that founder Daniel Ek will transition from CEO to chairman. And, Anthropic Chief Product Officer Mike Krieger explains why the company is focusing on enterprise clients with its new model that can code for 30 hours straight. (Source: Bloomberg)
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Amazon Launches Color Kindle with Stylus, $40 TV Stick With 4K Video
Bloomberg Technology 30 Sep 2025, 2:23pmCompany also rolls out new TV sets and upgraded home security products from Ring and Blink.
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Amazon Unveils Revamped Echo Devices, Ring Cameras
Bloomberg Technology 30 Sep 2025, 8:11pmAmazon has unveiled an updated line of products to take on Apple in the artificial intelligence era. Amazon's SVP of Devices and Services, Panos Panay, tells Bloomberg's Ed Ludlow that he hopes to build devices that people want to showcase in their homes and use at every price point, with a focus on putting detail into every product. Amazon introduced new Echo devices, Ring cameras, and TV devices. He speaks to Ludlow from New York. (Source: Bloomberg)
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Amazon Is Overhauling Its Devices to Take on Apple in the AI Era
Bloomberg Technology 30 Sep 2025, 4:00pmUnder Microsoft veteran Panos Panay, the company looks to add polish to its gadgets at every price level.
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Amazon Revamps Echo Speakers, Displays in Hardware Reboot
Bloomberg Technology 30 Sep 2025, 3:05pmNew speakers include revamped look, upgraded silicon and integration with Alexa+ subscription service.