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February 3, 2021, 8:25 PM
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| Brian Flood / Fox Business: |
In an internal memo, John Matze says he has been terminated as Parler's CEO by its board of directors — “The future of Parler is no longer in my hands,” Matze wrote — EXCLUSIVE - Parler has terminated CEO John Matze, according to a memo Matze sent to staffers that has been obtained by Fox News.
More:
Wall Street Journal, Axios, The Hill, USA Today, Reuters, Mashable, and The Verge
Tweets: @seldo, @sqlrockstar, @ryxcommar, @minimaxir, @kennwhite, @joshsternberg, @quinnypig, @reuters, @bad_takes, @brfreed, @edbott, and @caseynewton
| 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.
More:
Daring Fireball, The Verge, CNBC, Michael Tsai, and Business Insider
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.
More:
Associated Press, The Verge, CNBC, PYMNTS.com, TechRepublic, Tech Xplore, New York Times, The Economic Times, Business Insider, BBC, and Financial Times
Tweets: @histoftech, @business, @josh_wingrove, @retogregori, and @dylanbyers
| 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 …
More:
The Verge and Reuters
Tweets: @tomscocca, @jeffhorwitz, @max_fisher, @mantzarlis, @peterwsinger, @charlesarthur, @riegerreport, and @rulajebreal
| Manish Singh / TechCrunch: |
Myanmar's new military government has ordered local telecoms to temporarily block Facebook and its family of apps within the country — Myanmar's new military government has ordered local telecom firms to temporarily block Facebook in the Southeast Asian nation days after the military seized power in the country in a military coup.
More:
CoinDesk, Engadget, and Reuters
Tweets: @hninyadanazaw, @netblocks, @accessnow, @ajamubaraka, @rmac18, @asteris, @kevincchang, @rmac18, @tzemingdynasty, @hninyadanazaw, and @rmac18
| 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, TechCrunch, Gizmodo, KnowTechie, and Pocketnow
Tweets: @tiktokcomms and @sarafischer
| 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 … | 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, 9to5Google, PC Gamer, Kotaku Australia, and Rock, Paper, Shotgun
Tweets: @jasonschreier, @jasonschreier, and @mattmday
| Paul Sawers / VentureBeat: |
Box says it intends to acquire 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.
More:
TechCrunch, Box Blog, Tech.eu, Forbes, Barron's Online, 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, @austen, @vijaypande, @rrhoover, @thekenyeung, @alexeheath, @mylesudland, @jyarow, @andrewchen, @sriramk, @thekenyeung, @hkanji, @benedictevans, @amir, @hunterwalk, and @sarthakgh
| 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:
AppleInsider, iPhone in Canada Blog, MacDailyNews, MakeUseOf, PYMNTS.com, Reuters, Redmond Pie, TechSpot, Apple Must, PCMag, iDownloadBlog.com, Light Reading, KnowTechie, MacRumors, BGR, TechRadar, Cult of Mac, and iMore
Tweets: @carnage4life, @sam_l_shead, @imkialikethecar, @twitandrewking, @brianroemmele, and @mpelletiercio
| Pranav Dixit / BuzzFeed News: |
India's IT ministry orders Twitter to block the recently restored accounts of dissidents and The Caravan magazine, or Twitter staff could face fines or jail — India's government has threatened to punish employees at Twitter with fines and jail terms of up to seven years for restoring hundreds … | Manish Singh / TechCrunch: |
More:
Wall Street Journal, The Economic Times, The Guardian, Financial Times, NDTV.com, Reuters, and Variety
Tweets: @meghavishwanath and @accessnow
| 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, Financial Times, Spotify, The Verge, Input, Variety, Axios, phonearena.com, TechSpot, RAIN News, Deadline, 9to5Mac, Engadget, and Bloomberg
Tweets: @kerrymflynn and @dylanbyers
| 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 … | 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 …
More:
Ars Technica, Reuters, Dot Esports, 9to5Toys, Android Headlines, Trusted Reviews, VentureBeat, CNET, Tom's Hardware, TechSpot, Laptop Mag, SlashGear, Wall Street Journal, Thurrott, KnowTechie, CNBC, PCMag, and TechPowerUp
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, CoinDesk, Cointelegraph, Financial Times, and Tech in Asia
Tweets: @luluyilun and @glennluk
| 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 … | 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 … | 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 … | Sohini Podder / Reuters: |
Shares of ON24, a maker of webinar and virtual event software, jumped nearly 54% in its debut Wednesday after raising $428M+ in its IPO — (Reuters) - Shares of Goldman Sachs-backed ON24 Inc jumped nearly 54% in their market debut on Wednesday, giving the webinar-marketing platform a market value of over $3.42 billion.
More:
Marketing Land, Crunchbase News, MarketWatch, Barron's Online, and The Motley Fool
| 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:
The Spoon, PR Newswire, PYMNTS.com, Sifted, FinSMEs, and Bloomberg
Tweets: @westmansanna and @mdudas
| Sarah Perez / TechCrunch: |
Instagram confirms it is working on an early prototype of a “Vertical Stories” feed, which is 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, Gizmodo, The Verge, MakeUseOf, Business Insider, Social Media Today, Mashable, iPhone Hacks, and 9to5Mac
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, @pierskicks, @michaelbatnick, @dsilverman, @ctothejones, @dkthomp, @akruglov, @ricardobsalinas, @timsweeneyepic, @micapital2, @lucas_shaw, @valuations_, @ballmatthew, @ballmatthew, @ballmatthew, @ballmatthew, @ballmatthew, @ballmatthew, @ballmatthew, @ballmatthew, and @ballmatthew
| 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:
SiliconANGLE, PR Newswire, and PYMNTS.com
| Annie Palmer / CNBC: |
Amazon has started deploying AI-powered Netradyne cameras, which are always on and automatically upload footage, in its US delivery vehicles to monitor drivers — - Amazon has begun rolling out AI-enabled cameras from Netradyne in vehicles at a handful of contracted delivery partners across the U.S., CNBC has learned.
More:
The Information, Reuters, The Verge, Forbes, and Business Insider
Tweets: @evan_greer, @kimcrayton1, @hypervisible, @nickwingfield, and @markdistef
| Katie Canales / Business Insider: |
PayPal reports Q4 revenue of $6.12B, up 23% YoY, total payments volume of $277B, up 36% YoY, and 16M new active accounts, up 72% YoY; stock up 5%+ — - PayPal reported its strongest quarterly growth in total payment volume in Q4 with $277 billion. — That's a 39% increase from Q4 2019 …
More:
Bloomberg, ZDNet, MarketWatch, and PayPal Investor Relations
| 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 …
More:
FinSMEs
| 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
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