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February 3, 2021, 5:15 PM
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| Ben Thompson / Stratechery: |
Jeff Bezos departs as perhaps the best CEO in tech history, having created three huge businesses: Amazon.com, AWS, and Amazon's marketplace/fulfillment services — It's the refunds that blow my mind. — You may be surprised to know that, despite the fact I live in Taiwan, I have an Amazon Prime account.
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On my Om, The Verge, Michael Tsai, Daring Fireball, CNBC, Business Insider, and KnowTechie
Tweets: @cagan, @om, @ntaylor963, @mathewi, @dylanbyers, @ahmed, and @stratechery
| Brad Stone / Bloomberg: |
Jeff Bezos's surprise resignation feels natural and even inevitable; the walls of his highly compartmentalized empire have been crumbling for some time — Jeff Bezos has a formulation about one-way doors and two-way doors—decisions that are irreversible and permanent and those that can always be unwound.
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Business Insider, CNBC, New York Times, The Verge, TechRepublic, PYMNTS.com, Tech Xplore, Financial Times, BBC, Data Driven Investor, Axios, and The Economic Times
Tweets: @histoftech, @business, @josh_wingrove, @retogregori, and @dylanbyers
| CNBC: |
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VICE, New York Times, Slate, Reuters, Wall Street Journal, Washington Post, Axios, Vox, USA Today, Politico, Forbes, South China Morning Post, coinspeaker.com, BGR India, Fast Company, Business Insider, Protocol, and Fast Company
| BuzzFeed News: |
Facebook says it will try to protect posts that criticized Myanmar's military and its coup and will remove content that praises or supports the coup — After failing to stem the hate speech and misinformation that fueled a genocide in Myanmar, Facebook now says it plans … | Sara Fischer / Axios: |
TikTok will prompt users to seek credible information if they try to share videos flagged as misleading, and disincentivize creators from uploading such content — TikTok will begin asking users to seek credible information about a topic if they try to share a video that carries …
More:
TikTok, CNN, The Verge, Gizmodo, Forbes, TechCrunch, KnowTechie, Pocketnow, and CyberScoop
Tweets: @tiktokcomms and @sarafischer
| Bloomberg: |
Report: Apple plans $3.6B investment in Kia, with a deal on Feb. 17, and aims to start making cars in Georgia, US in 2024, with initial target of 100K cars/year — - Local media report says deal may be signed later this month — Hyundai last month confirmed then backed away from Apple talks
Source:
gongA.com. More:
Reuters, Apple Must, MacRumors, Mashable, MacDailyNews, Redmond Pie, TechSpot, PCMag, TechRadar, iDownloadBlog.com, BGR, iPhone in Canada Blog, Cult of Mac, MakeUseOf, Fortune, Light Reading, KnowTechie, Tom's Guide, iMore, MSPoweruser, and The Mac Observer
Tweets: @carnage4life, @sam_l_shead, @imkialikethecar, @mpelletiercio, @brianroemmele, and @twitandrewking
| Robert McMillan / Wall Street Journal: |
SolarWinds CEO says hackers had breached the company's Office 365 email system for at least nine months starting December 2019 — Investigators still don't know how the company was breached in attack that will cost millions — The newly appointed chief executive of SolarWinds Corp …
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Trustwave, Axios, CNET, Bloomberg, Orange Matter, CyberScoop, The Hill, Washington Post, Threatpost, Security Affairs, Wired, BleepingComputer, The Hacker News, Forbes, SecurityWeek, infosecurity-magazine.com, SC Media, NBC News, OnMSFT.com, Cybereason, Dark Reading, CRN, and AppleInsider. Tweets: @hatr
| Paul Sawers / VentureBeat: |
Box says it has acquired Dutch cloud-based e-signature startup SignRequest for $55M and plans to launch Box Sign in summer 2021 — Cloud storage and collaboration giant Box has announced plans to acquire SignRequest, a cloud-based electronic signature (e-signature) startup based in the Netherlands, in a deal worth $55 million.
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TechCrunch, Box Blog, Tech.eu, SiliconANGLE, Business Wire, ZDNet, and Business Insider
| Marc Andreessen / Andreessen Horowitz: |
a16z names Sriram Krishnan as its newest GP, after roles at Facebook, Snap, Twitter; Krishnan has been consulting for nine months on an a16z “community project” — Welcome, Sriram Krishnan, our newest general partner, to Andreessen Horowitz! — Sriram is a well-known …
More:
TechCrunch. Tweets: @sriramk, @pmarca, @sriramk, @sriramk, @alexeheath, @amir, @andrewchen, @mylesudland, @hunterwalk, @thekenyeung, @jyarow, and @thekenyeung
| Bloomberg: |
In an email to staff on February 1, Andy Jassy reaffirmed his commitment to making video games, following a scathing Bloomberg profile of Amazon Game Studios — One day before he was named the next chief executive officer of Amazon.com Inc., Andy Jassy reaffirmed his commitment to making video games …
More:
Engadget, Rock, Paper, Shotgun, PC Gamer, and The Guardian
Tweets: @jasonschreier, @mattmday, and @jasonschreier
| Sam Byford / The Verge: |
Sony says it shipped 4.5M PlayStation 5 units worldwide in 2020, and reports revenue of $8.4B in Q3, up 40% YoY, operating profit of $763.3M, up 50% — A similar figure to the PS4 launch — Sony shipped 4.5 million PlayStation 5 units worldwide in 2020, as revealed by information published alongside …
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Ars Technica, Engadget, Reuters, Trusted Reviews, VentureBeat, Tom's Hardware, Android Headlines, Nikkei Asia, Dot Esports, Kotaku, 9to5Toys, Wall Street Journal, PCMag, Financial Times, CNET, TechSpot, Thurrott, Laptop Mag, CNBC, TechPowerUp, and KnowTechie
Tweets: @tomwarren and @vikingsizegamer
| Bloomberg: |
Sources: Jack Ma's Ant Group has reached an agreement with Chinese regulators to turn Ant into a financial holding company, subject to bank capital requirements — - Ma's fintech giant will become a financial holding company — Ant is still exploring a potential IPO, but timeline unclear
More:
PYMNTS.com, Financial Times, Cointelegraph, CoinDesk, Tech in Asia, and Wall Street Journal
Tweets: @luluyilun and @glennluk
| Anne Steele / Wall Street Journal: |
Spotify reports Q4 results: 345M MAUs, up 27% YoY, as paying subscribers grew to 155M, up 24% YoY, topping expectations; revenue was up 17% YoY to €2.17B — But streaming giant offers conservative outlook for the current year as new sign-ups could ebb
More:
Spotify, The Verge, Business Wire, 9to5Mac, Variety, Axios, Bloomberg, phonearena.com, Deadline, TechSpot, Engadget, and RAIN News
Tweets: @kerrymflynn and @dylanbyers
| Paul Sawers / VentureBeat: |
Google and its partner SubCom say the Dunant subsea cable between US and France is now operational; the 4,000-mile cable can carry 250 terabits/second — Google's second fully privately owned subsea cable is now open for business. The announcement comes shortly after the company recorded …
More:
Google Cloud Blog, TechCrunch, 9to5Google, and ZDNet
| Chaim Gartenberg / The Verge: |
Google rolls out an update for Android TV with a refreshed UI that is similar to Google TV on Chromecast — A fresh look for Google's (other) smart TV software — Google is rolling out a new update for Android TV that gives its smart TV OS a fresh new look — one that's almost identical … | Reuters: |
Microsoft says it supports Australia's proposed new laws forcing Google and Facebook to pay for news content and it would be “willing to live by these rules” — (Reuters) - Microsoft Corp said on Wednesday it fully supported proposed new laws in Australia that would force internet giants Google … | Darrell Etherington / TechCrunch: |
Wine recommendation and marketplace app Vivino raises $155M Series D led by Sweden's Kinnevik, bringing its total raised to $221M, and says it now has 50M users — If you're at all interested in wine, chances are you've turned to Vivino at least a few times for recommendations.
More:
FinSMEs, The Spoon, PYMNTS.com, StreetInsider.com, and Bloomberg
| Paul Alcorn / Tom's Hardware: |
Report: in Q4 2020, Intel clawed back QoQ desktop PC and notebook CPU market share from AMD for the first time in 3 years amid AMD's ongoing supply chain issues — The Mercury Research CPU market share results are in for the fourth quarter of 2020, with the headline news being that Intel … | Sarah Perez / TechCrunch: |
Instagram confirms it is working on an early prototype of Vertical Instagram Stories, which are presented in a TikTok-like scrolling fashion — Instagram is developing a new feature that could give its app more of a TikTok-like feel: Vertical Instagram Stories.
More:
Instagram, 9to5Mac, Mashable, iPhone Hacks, Social Media Today, phonearena.com, and The Verge
Tweets: @alex193a, @mattnavarra, and @crerrity
| Matthew Ball / MatthewBall.vc: |
Apple's iOS is inhibiting the growth of the future internet but regulators can remedy that by forcing Apple into competition in app distribution and payments — Chapter One: The Creation of Today's Internet and the Needs of Tomorrow's — One of the neat things about the internet is who created it, why, and how.
More:
nwn.blogs.com. Tweets: @ballmatthew, @ballmatthew, @benedictevans, @zoescaman, @akruglov, @ballmatthew, @ricardobsalinas, @pierskicks, @dsilverman, @timsweeneyepic, @ctothejones, @micapital2, @lucas_shaw, @valuations_, @ballmatthew, @ballmatthew, @ballmatthew, @ballmatthew, @ballmatthew, @ballmatthew, @ballmatthew, and @ballmatthew
| Bloomberg: |
Online payments service Payoneer, which counts Airbnb and Amazon as clients, agrees to go public via SPAC at a $3.3B valuation — - Payment firm used by Airbnb, Amazon to merge with FTAC Olympus — Company is profitable, expects $432 million in revenue in 2021
More:
Globes Online, Reuters, Business Insider, MarketWatch, Finextra, and PYMNTS.com
| Natalia Drozdiak / Bloomberg: |
Biden's administration signals it is open to a deal on taxing US tech companies globally, after EU-Trump clashes, as OECD plans an agreement by summer — Hey all, it's Natalia. Tech giants including Alphabet Inc., Apple Inc. and Facebook Inc. could soon be hit with higher taxes around …
Tweets: @glynmoody and @economics
| Anthony Ha / TechCrunch: |
Online grocery delivery service Good Eggs raises $100M led by Glade Brook Capital Partners — Grocery delivery startup Good Eggs is announcing that it has raised $100 million in new funding, and that it's planning to launch in Southern California in either the summer or fall of this year.
More:
GlobeNewswire, PYMNTS.com, San Francisco Business Journal, and BloombergQuint
Tweets: @mattrosoff, @foodtechconnect, and @autumncapital
| Ingrid Lunden / TechCrunch: |
Touchcast, which builds tools to help companies create and run virtual events, raises $55M Series A led by Accenture Ventures — Events — when they haven't been cancelled altogether in the last 12 months due to the global health pandemic — have gone virtual and online …
More:
PYMNTS.com, SiliconANGLE, and PR Newswire
| Kyle Wiggers / VentureBeat: |
Rescale, which offers “infrastructure-as-a-service” tools for scientific and engineering simulations, raises $50M Series C, bringing total raised to $100M+ — Rescale, a San Francisco, California-based startup developing a software platform and hardware infrastructure for scientific … | Manish Singh / TechCrunch: |
India warns Twitter to comply with its order to block content related to a farmer protest and not “assume the role of a court and justify non-compliance” — India has issued a notice to Twitter, warning the American social firm to comply with New Delhi's order to block accounts …
More:
Wall Street Journal, Financial Times, The Guardian, Reuters, NDTV.com, and Variety
Tweets: @meghavishwanath and @accessnow
| Wallace Witkowski / MarketWatch: |
Qualcomm reports Q1 revenue of $8.24B, up 62% YoY but below $8.27B est., with net income of $2.46B, up 165% YoY; stock down 6%+ after hours — Revenue comes in just shy of expectations, while profit and outlook exceed projections — Qualcomm Inc. shares dropped in the extended session Wednesday …
More:
ZDNet, TheStreet, CNBC, and Qualcomm Investor Relations
| Jill Lepore / New Yorker: |
Nations are engaging in a cyberweapons arms race, with agencies like the NSA prioritizing offensive capabilities over defense, fueling a lucrative 0-day market — Amid a global gold rush for digital weapons, the infrastructure of our daily lives has never been more vulnerable.
Tweets: @hatr, @nicoleperlroth, @newyorker, @hoanssolo, @scottshanenyt, and @hatr
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