Techmeme
February 2, 2022, 10:30 AM

Top News

Alphabet - Investor Relations:
Alphabet reports Q4 revenue rose 32% YoY to $75.3B and net income grew from $15.2B to $20.6B YoY; Cloud revenue rose from $3.8B to $5.5B YoY; stock rises 5%+  —  MOUNTAIN VIEW, Calif. - February 1, 2022 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter and fiscal year ended December 31, 2021.
Jennifer Elias / CNBC:
Nathan Ingraham / Engadget:
Nathan Grayson / Washington Post:
Kirsten Korosec / TechCrunch:
Cruise raises $1.35B more from SoftBank Vision Fund and launches a waitlist for a driverless robotaxi service in San Francisco that will run from 11pm to 5am  —  Cruise is opening up its driverless robotaxi service to the public in San Francisco as the GM subsidiary creeps toward commercialization …
Jon Porter / The Verge:
Elon Musk announces $500/month Starlink Premium, claiming 150Mbps-500Mbps download speeds, up from 50Mbps-250Mbps, and doubling upload speeds to 20Mbps-40Mbps  —  The new antenna carries an upfront cost of $2500  —  SpaceX's satellite internet service Starlink is getting a pricey new high-performance tier called Starlink Premium.
Stephanie Bodoni / Bloomberg:
Belgium's data watchdog fines IAB Europe €250K after finding its ad-targeting tool violated GDPR and orders changes within two months  —  IAB Europe, an association for online advertising companies, was fined 250,000 euros ($282,690) and handed an ultimatum by Belgium's data watchdog …
Sam Byford / The Verge:
Sony reports Q3 gaming revenue fell 8% YoY to ~$7.09B, operating profit rose 12.1% YoY to ~$810M; Sony shipped 3.9M PS5 consoles, bringing the total to 17.3M  —  The PS4 had sold more at this point  —  Sony shipped just 3.9 million PlayStation 5 consoles in its all-important holiday quarter …
Kif Leswing / CNBC:
AMD Q4: revenue of $4.83B, up 49% YoY, Computing and Graphics revenue of $2.6B, up 32% YoY, Enterprise, Embedded and Semi-Custom revenue of $2.2B, up 75% YoY  —  - AMD reported fourth quarter earnings after the bell on Tuesday.  — AMD said it expected $21.5 billion in sales in 2022, higher than analyst expectations.
Dean Takahashi / VentureBeat:
EA reports Q3 revenue of $1.79B, up from $1.67B YoY, net income of $66M, down from $211M YoY, and net bookings of $2.6B, down from $2.4B YoY  —  Electronic Arts met expected earnings today for the third fiscal quarter ended December 31, as the game publisher saw big engagement with its existing games.
Aditya Kalra / Reuters:
Sources: Indian officials have held tense and heated discussions with Meta, Google, Twitter, ShareChat, and Koo over proactively removing “fake news”  —  Indian officials have held heated discussions with Google, Twitter and Facebook for not proactively removing what they described …
Wall Street Journal:
Amid tech stocks' poor performance, especially IPOs, some venture firms are cutting back investments and startup valuations, as they renegotiate funding deals  —  Venture firms foresee tougher funding environment ahead, with more muted debuts after pandemic glut
Tom Krisher / Associated Press:
NHTSA: Tesla will issue an OTA update for 53,822 cars and SUVs to remove an FSD feature that let vehicles roll through stop signs without coming to a halt  —  DETROIT (AP) — Tesla is recalling nearly 54,000 cars and SUVs because their “Full Self-Driving” software lets them roll through stop signs without coming to a complete halt.
Janko Roettgers / Protocol:
Startups have begun selling and renting out AR spaces tied to real-world addresses, raising questions about who should have the rights to a property's AR layer  —  It's the stuff of nightmares: The other day, I found my property occupied by a stranger, who was renting it out, Airbnb style.
Yogita Khatri / The Block:
Crypto analytics service Dune Analytics raises a $69.420M Series B at a $1B valuation led by Coatue, bringing its total funding to $80M  —  Quick Take  — Dune Analytics has hit a valuation of $1 billion with its Series B round.  — Dune has big plans in place, including building …
More: CoinDesk and dune.xyz
Katie Roof / Bloomberg:
Product management software startup Productboard raises $125M led by Dragoneer and Tiger Global at a $1.7B valuation, up from $772M in April 2021  —  Productboard Inc., a product-management software business, has raised $125 million in financing giving it a $1.7 billion valuation.

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Zoho:
Zoho Sign is a “high growth performer” in the Frost & Sullivan's Frost Radar™ for electronic signature software, 2024  —  We are happy to announce that Zoho Sign has clinched a position as a high growth performer …
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