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February 3, 2021, 8:00 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.
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, CNBC, PYMNTS.com, TechRepublic, Tech Xplore, New York Times, The Verge, The Economic Times, Business Insider, BBC, Financial Times, and Data Driven Investor
Tweets: @histoftech, @business, @josh_wingrove, @retogregori, and @dylanbyers
| 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, Reuters, and The Verge
Tweets: @seldo, @sqlrockstar, @ryxcommar, @minimaxir, @kennwhite, @joshsternberg, @quinnypig, @reuters, @bad_takes, @brfreed, @edbott, and @caseynewton
| 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, @charlesarthur, @peterwsinger, @riegerreport, @rulajebreal, @alkapdc, and @graceonfootball
| 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, @ajamubaraka, @rmac18, @accessnow, @asteris, @kevincchang, @rmac18, @tzemingdynasty, @hninyadanazaw, and @rmac18
| 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 …
More:
Trustwave, Reuters, Axios, The Register, Bloomberg, CyberScoop, Washington Post, Orange Matter, Nextgov, Wired, Threatpost, The Hill, OnMSFT.com, Security Affairs, Cybereason, SecurityWeek, The Hacker News, AppleInsider, SC Media, Dark Reading, Forbes, NBC News, CNET, and infosecurity-magazine.com
| 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
| Nick Statt / The Verge: |
Report: Amazon plans to install AI-powered Netradyne cameras, which are always on and automatically upload footage, in its delivery vehicles to monitor drivers — To ostensibly improve safety conditions but also monitor drivers — Amazon plans to install high-tech video cameras … | 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
| 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, PC Gamer, Kotaku Australia, Rock, Paper, Shotgun, and Android Headlines
Tweets: @jasonschreier, @jasonschreier, and @mattmday
| 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, iMore, Fortune, and Tom's Guide
Tweets: @carnage4life, @sam_l_shead, @imkialikethecar, @twitandrewking, @brianroemmele, and @mpelletiercio
| 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, @austen, @vijaypande, @rrhoover, @sriramk, @thekenyeung, @alexeheath, @mylesudland, @jyarow, @andrewchen, @sriramk, @thekenyeung, @hkanji, @benedictevans, @amir, @hunterwalk, and @sarthakgh
| 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, SlashGear, Dot Esports, 9to5Toys, Android Headlines, Trusted Reviews, VentureBeat, CNET, Tom's Hardware, TechSpot, Laptop Mag, Wall Street Journal, Thurrott, KnowTechie, CNBC, PCMag, and TechPowerUp
Tweets: @tomwarren and @vikingsizegamer
| 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, Variety, Axios, phonearena.com, Deadline, TechSpot, RAIN News, 9to5Mac, Engadget, and Bloomberg
Tweets: @kerrymflynn and @dylanbyers
| 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
| 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, Cointelegraph, CoinDesk, Financial Times, and Tech in Asia
Tweets: @luluyilun and @glennluk
| 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 … | 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 … | 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
| 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
| 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, Gizmodo, The Verge, MakeUseOf, Business Insider, Mashable, Social Media Today, 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:
PR Newswire, SiliconANGLE, 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
| 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 …
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