The day in tech.

Meta Platforms reported negative free cash flow for the first time since its 2012 initial public offering, causing shares to drop 7% on Thursday. The company warned that long-term plans could require raising hundreds of billions of dollars over several years beginning as early as fall 2026. Investors also scrutinized CoreWeave, which fell 10% Thursday.

1Password announced on October 22, 2026, that it surpassed $500 million in annual recurring revenue. Net new ARR grew approximately 60% through the first three quarters of FY26, with Q3 26 showing 90% year over year growth. This acceleration stems from developer and AI security tool adoption driving five-times-faster ARR growth.

Two critical PHP vulnerabilities, CVE-2026-109618 and CVE-2026-109619, allowed unauthenticated remote access to 70% of the web. The PHP Foundation released patches on Wednesday, yet Amazon detected exploitation as early as October 17. While banks and hospitals temporarily shut down services, confirmed compromises were already active by late Friday.

Apple hosts an October 28th event in Los Angeles to unveil a touchscreen MacBook Pro with M5 chips and an OLED iPad Mini with an A20 processor. Existing models start at $1,999 for the 14-inch M5 chip model and $2,499 for the 16-inch M5 Pro chipset model, while prices may rise due to component shortages.

Researchers discovered PHP2Shell, a critical vulnerability in PHP released on October 21, 2026, affecting millions of potentially exposed instances globally. The flaw allows attackers to run malicious code without authentication, impacting 70% of websites. Fixes were released for versions 8.5.12, 8.4.27, 8.3.36 and 8.2.35, but organizations must verify if hackers exploited the system before the patch.

Between November 2025 and March 2026, Dutch firm Eye Security pushed over 2 million updates to disable a background updater on 2.5 to 3 million Windows computers and 250,000 to 350,000 Macs.

The Bank of Israel rejected Prime Minister Benjamin Netanyahu's proposal to use a cryptocurrency-based plan to bypass potential future banking sanctions, calling the approach impractical and stating that preventing sanctions is the priority for the economy.

Contract prices for some SSDs jumped 303% in a year as an AI-driven NAND flash shortage reshapes the market. A 256GB TLC SSD reached approximately $134.20 in the third quarter of 2026, up from $33.30. TrendForce forecasts NAND flash contract prices will increase by another 15% to 20% quarter over quarter in the fourth quarter of 2026.

U.S. President Donald Trump asked Elon Musk to remove speed caps on Starshield, a hardened Starlink variant Ukraine relies on for war operations. Officials stated performance improved Thursday after the call, reversing a slowdown Musk had ordered earlier in the week.

Crypto longs lost $404 million in four hours as bitcoin briefly slipped below $80,000 on Saturday. Of the $436.44 million in positions liquidated, $404.15 million were longs. Ether liquidations totaled $136.72 million, while spot bitcoin ETFs recorded $137.94 million in net outflows on Friday.