Sources: Netflix is preparing for layoffs that will impact ~5% of employees, or ~850 jobs, amid pressure over weakened engagement and a depressed stock price (Matthew Belloni/Puck)
Global PC shipments dropped 20.1% YoY in Q3 to 62.7M units due to higher prices and supply issues; Lenovo dropped 22.6% YoY, HP 30.9%, Dell 25%, and Apple 11.3% (IDC)
Sources: Apple told some suppliers to cut iPhone 18 Pro and Pro Max component production by 15%-20% as higher memory costs pushed up prices and hurt demand (Nikkei Asia)
A profile of Garmin CEO Cliff Pemble, who helped diversify its GPS product lines and grew annual revenue from $2.6B in 2013 to a record $7.2B last year (Brent Crane/Bloomberg)
A look at Emeryville, CA-based Atomic Machines, which is training AI on materials and designs to revamp how microelectromechanical systems (MEMS) are built (Cade Metz/New York Times)
Common Sense Media calls ChatGPT for Teens an "unacceptable risk", saying its guardrails fall short of OpenAI's promises and it continues to do kids' homework (Jay Peters/The Verge)
Spotify expands audiobooks to 180+ markets, bringing its catalog to 750M+ users, and adds 350K+ titles in 120+ languages in partnership with 300+ publishers (Ivan Mehta/TechCrunch)