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February 2, 2022, 10:40 AM
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| 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.
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| Jordan Novet / CNBC: |
Alphabet says its board has approved a 20-for-1 stock split, slated for July 15 with shareholder approval on July 1; Google last split its stock in April 2014 — - Before the Alphabet rebrand in 2015, Google effectively split its stock with the introduction of a third class of shares.
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| Jennifer Elias / CNBC: |
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| Nathan Ingraham / Engadget: |
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| Nathan Grayson / Washington Post: |
Sources: Bungie's leadership assured employees there will be “no layoffs” or “major” restructuring under Sony, but some staff expressed concern over the deal — Company's developers fear losing independence but express cautious optimism after acquisition
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| Ben Thompson / Stratechery: |
How the acquisitions of Zynga by Take-Two, Activision Blizzard by Microsoft, and Bungie by Sony reveal an industry evolution that extends far beyond gaming — Another week, another gaming acquisition. First Take-Two acquired Zynga, then Microsoft acquired Activision-Blizzard … | 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 …
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| 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.
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| 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 …
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| 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 …
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Irish Council …, TechCrunch, and Engadget
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| 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.
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Tweets: @patrickmoorhead, @stshank, @benbajarin, @sasamarinkovic, and @stevekovach
| 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 …
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Android Central and The Information Ecologist
Tweets: @apar1984, @apar1984, @nihamasih, @adityakalra, @seemay, @apar1984, and @yashjournals
| Anna Edgerton / Bloomberg: |
Sources: Meta is quietly introducing its metaverse vision to conservative think tanks and nonprofits, seeking to blunt expected criticism in DC from lawmakers — Mark Zuckerberg has a problem money can't fix: convincing Capitol Hill that the metaverse — whatever that is — isn't evil.
Tweets: @mattnavarra
| Cate Cadell / Washington Post: |
Investigation shows Chinese drone maker DJI, a leading US law enforcement supplier, obscured investment from four Chinese state-backed groups in recent years — The Chinese firm received funding from several state-backed investors, despite repeated claims that it hasn't taken money from Beijing| Saritha Rai / Bloomberg: |
Chatbot developer Gupshup acquires cloud telephony startup Knowlarity, source says for around $100M; Gupshup works with Amazon, Meta, HSBC, and others — Chatbot developer Gupshup Inc. said it is acquiring cloud communications startup Knowlarity Communications Pvt. to bolster its voice messaging and video solutions capabilities.
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Entrackr
| 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
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PYMNTS.com, Silicon Valley Business …, and Investing 101 2.0
Tweets: @eliotwb, @eliotwb, @annmlipton, @djtgallagher, and @heathersomervil
| 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.
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Mercury News, Reuters, The Verge, TechRadar, Gizmodo, BGR India, New York Times, Electrek, govtech.com, SlashGear, Input, Engadget, The Register, and Newser
Tweets: @taylorogan, @elonmusk, @jraindc, @gtconway3d, @samjmintz, @ballaban, @awalkerinla, @aweiss, @mikeelgan, @oknox, @tomgara, @lizadixon, @davidzipper, @tweetermeyer, @errolbarnett, and @carnage4life
| 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.
Tweets: @ldrogen, @pierce, @amywebb, @jank0, @dlberes, @timgrieve, and @mollyxbrady
| 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.
| 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 … Sponsor Posts
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