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February 3, 2022, 6:45 PM
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| Bloomberg: |
Meta closes down 26%, erasing $250B+ from its market cap, the biggest loss of market value in single day for a US company, after weak Q4 results and Q1 guidance — Facebook parent Meta Platforms Inc. is set to shed about $200 billion in market value, in what would be one of the biggest …
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Bloomberg, Protocol, New York Times, The Verge, Washington Post, CNBC, Wall Street Journal, Silicon Valley Business …, Insider, CNBC, Associated Press, BuzzFeed News, Daring Fireball, Fortune, Bloomberg, MacDailyNews, Financial Times, Marketing Dive, Vox, Pixel Envy, PhoneArena, Reuters, Yahoo News, Bloomberg, Decrypt, Philip Elmer‑DeWitt, MarketWatch, The Economic Times, Forest's Newsletter, and The Guardian
Tweets: @thestalwart, @issielapowsky, @r2r, @sherman4949, @davidsacks, @donie, @davidsacks, @nedryun, @silviakillings, @franceshaugen, @mattrosoff, @mikeisaac, @stevekovach, @mmasnick, @emmakinery, @sherman4949, @adamholisky, @hankgreen, @catturd2, @alifarhat79, @nikitabier, @joncoopertweets, @ericgarland, @amy_siskind, @sarahfrier, @joshsternberg, @carnage4life, @bchappatta, @azeem, @b52malmet, @thatpetewoods, @davidsacks, @mikeisaac, @oneunderscore__, @jyarow, @mailonline, @neilcybart, and @digitalhen
| Stephanie Condon / ZDNet: |
Meta CFO says Apple's ATT privacy changes will cost the company $10B in revenue during 2022 and that Google “faces a different set of restrictions from Apple” — Meanwhile, the company accused Apple of favoring Google over app-based platforms like Facebook with its privacy policies
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New York Times, Bloomberg, CNBC, MacRumors, 9to5Mac, Insider, Wall Street Journal, CNBC, ExtremeTech, Moneycontrol, Ars Technica, Neowin, Fortune, Forbes, WRAL TechWire, Gizmodo, PhoneArena, diginomica, DCD, Philip Elmer‑DeWitt, iThinkDifferent, HotHardware.com News, and Financial Times
| Andrew Hutchinson / Social Media Today: |
Facebook's MAUs rose by 2M in Q4, the slowest QoQ growth in its history; Meta's “Family Monthly Active People” grew by 10M, likely due to WhatsApp and Instagram — Meta has posted its Q4 2021 and full-year performance result, showing a rise in monthly active users … | Parmy Olson / Bloomberg: |
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New York Times, Reuters, Barron's Online, Protocol, and Bloomberg
Tweets: @hankgreen, @shiraovide, @hankgreen, @hankgreen, @hankgreen, @hankgreen, @rustybrick, and @scouseview
| Amazon: |
Amazon reports Q4 revenue up 9% YoY to $137.4B, net income up 98% to $14.3B, AWS revenue up 40% to $17.8B, and FY 2021 revenue up 22% to $469.8B; stock up 15%+ — SEATTLE—(BUSINESS WIRE) February 3, 2022—Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its fourth quarter ended December 31, 2021.
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SiliconANGLE, New York Times, Ars Technica, Android Police, Engadget, Thurrott, Android Authority, GeekWire, CNBC, Tom's Guide, New York Post, PCMag, Digital Trends, Android Central, and NPR
Tweets: @quinnypig, @ldignan, @delrey, @johnkicklighter, @ldrogen, @epro, @christeso, @joshg_etoro, and @danielnewmanuv
| Taylor Soper / GeekWire: |
Amazon will raise Prime's annual price by $20 to $139 and its monthly price by $2 to $14.99, on February 18 for new members and March 25 for current members — Amazon is upping the price of Prime, increasing the annual fee of its membership from $119/year to $139/year.
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The Verge, Gizmodo, Protocol, XDA Developers, TechCrunch, ZDNet, Fortune, Bloomberg, CNBC, Australian Financial Review, and Insider
Tweets: @richontech, @schuldensuehner, and @robpegoraro
| Annie Palmer / CNBC: |
Amazon breaks out advertising services revenue for the first time, reports $9.7B for Q4, up 32% YoY, $31.2B for FY 2021; subscription services grew 15% to $8.1B — - Amazon shares rallied in extended trading Thursday after the company posted a big earnings beat for the fourth quarter …
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TheStreet and Hollywood Reporter
Tweets: @benedictevans, @benyt, @alexweprin, @eugenekim222, @markdistef, @tanyadua, @leticia, @edmundlee, @mattrosoff, @pkafka, @shiraovide, @pkafka, @mjasay, @rakeshlobster, @acouplecents, and @lpolgreen
| Lauren Feiner / CNBC: |
Snap reports its first quarterly net profit, with Q4 revenue of $1.3B, up 42% YoY, and net income of $23M; FY 2021 revenue grew 64% to $4.1B; stock is up 55%+ — - Snap reported earnings for the fourth quarter Thursday that beat analyst estimates on earnings, revenue and user growth.| Joe Rossignol / MacRumors: |
The US Senate Judiciary Committee approves the Open App Markets Act, which would allow app sideloading and let developers use their own in-app payment systems — The U.S. Senate Judiciary Committee today approved the bipartisan Open App Markets Act, an antitrust bill that would allow …
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Bloomberg, CNBC, The Register, PYMNTS.com, SiliconANGLE, Axios, 9to5Mac, XDA Developers, Engadget, Android Police, iDownloadBlog.com, and Wccftech
Tweets: @marshablackburn, @lauren_feiner, @markgurman, @jason_kint, @carnage4life, @saramorrison, and @carnage4life
| Sam Byford / The Verge: |
Nintendo reports 10.67M Switch sales in Q3, down 8% YoY, bringing lifetime Switch sales to 103.54M, overtaking the Wii's 101.63M in under five years — A good holiday quarter, but Nintendo cut its forecast — The Nintendo Switch had a relatively strong holiday quarter …
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Nintendo, Bloomberg, Nintendo, Reuters, Ars Technica, Video Games Chronicle, CNBC, Kotaku, MobileSyrup, Game Rant, Club386, Android Authority, and iPhone in Canada Blog
Tweets: @pelstrom, @vladsavov, and @6d6f636869
| Ashley Carman / The Verge: |
Audio: Daniel Ek says Spotify needs exclusives for leverage to land deals with Amazon, Google, and others, and he finds many things Rogan says “very offensive” — He says Spotify is a platform, not a publisher — Spotify CEO Daniel Ek addressed employees about the Joe Rogan controversy …
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New York Times, Washington Post, 9to5Mac, Variety, and Tubefilter
Tweets: @gerritd, @lucas_shaw, @carnage4life, @nitashatiku, @ericnewcomer, @willoremus, and @jdanbishop
| Reuters: |
Sources: Israeli surveillance company QuaDream used the zero-click ForcedEntry exploit to break into iPhones in 2021; ForcedEntry was also used by NSO Group — A flaw in Apple's software exploited by Israeli surveillance firm NSO Group to break into iPhones in 2021 was simultaneously abused …
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AppleInsider, Computerworld, iPhone in Canada Blog, MacDailyNews, XDA Developers, The Mac Observer, and PhoneArena
Tweets: @jshermcyber, @ericgarland, @stephaniefishm4, @markdistef, and @ziya_meral
| Dean Takahashi / VentureBeat: |
Activision Blizzard reports Q4 revenue of $2.16B, down 10% YoY, net bookings of $2.49B, down 18% YoY, 371M MAUs, down from 397M a year ago — Activision Blizzard's net bookings of $2.49 billion in the fourth quarter ended December 31 short of expectations on Wall Street …
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Activision Blizzard, Windows Central, The Verge, GamesIndustry.biz, Forbes, IGN, Video Games Chronicle, and Wccftech
Tweets: @jordannovet and @atvi_ab
| Nina Bambysheva / Forbes: |
Trust Machines, which aims to build DeFi apps, DAOs, and NFTs on Stacks, formerly Blockstack, raises $150M from Breyer Capital, GoldenTree, Hivemind, and others — It's summer 2017. Muneeb Ali, a PhD candidate in computer science at Princeton, is finishing his thesis …
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Trust Machines, Decrypt, and CoinDesk
Tweets: @muneeb, @stacks, @chris_walker_, and @albertwenger
| Richard Waters / Financial Times: |
Interview with Satya Nadella on Microsoft's Activision Blizzard acquisition, preparing for the metaverse, the future of gaming and workplaces, and more — Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy.
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Ars Technica, VentureBeat, Video Games Chronicle, PCWorld, TechSpot, Financial Times, Neowin, and Gameranx
Tweets: @carlquintanilla, @epicureandeal, @ballmatthew, @khalafroula, and @matt_on_tech
| Adi Robertson / The Verge: |
GameStop plans to launch an NFT marketplace in 2022, built on the Ethereum-based Immutable X platform, and is creating an “up to $100M” fund for game developers — It hopes a $100 million fund will make developers use it — GameStop plans to launch its own marketplace for non-fungible tokens …
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VentureBeat, Gamestop Corp., Wall Street Journal, Crypto Briefing, Blockworks, Cointelegraph, SiliconANGLE, Decrypt, The Economic Times, and KnowTechie
Tweets: @romudeth and @saraheneedleman
| Ephrat Livni / New York Times: |
Coinbase partners with TurboTax to let users directly deposit state and federal tax refunds into their accounts and automatically buy cryptocurrency — The software company has teamed up with Coinbase to allow users the option to convert their state and federal tax refunds into cryptocurrency.
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The Coinbase Blog, PCMag, CoinDesk, Cointelegraph, Wagers.com Earnings+More, and Decrypt
| Sarah Perez / TechCrunch: |
Mozilla shuts down Firefox Reality, its web browser launched in 2018 for Oculus and other AR/VR headsets, and directs users to Igalia's upcoming browser Wolvic — A top VR web browser is closing down. Today, Mozilla announced it's shutting down its Firefox Reality browser …
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Igalia, The Mozilla Blog, The Verge, and Neowin
| Brandy Betz / CoinDesk: |
Tribal Credit, a B2B payments service used in 22+ countries, raises a $60M Series B led by SoftBank Latin America Fund, bringing its total funding to $140M — Tribal Credit, a business-to-business payments and financing platform for emerging markets, has raised $60 million in a Series B funding round led … | Dustin Volz / Wall Street Journal: |
White House forms the Cyber Safety Review Board, loosely modeled on NTSB, to investigate major national cybersecurity failures, starting with the Log4j bug — The new panel is loosely modeled on the National Transportation Safety Board and will look into the recently discovered Log4j internet bug
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Department of Homeland …, TechCrunch, Bloomberg, and Dark Reading
Tweets: @dnvolz, @cisajen, @argvee, @dalperovitch, @dnvolz, @anthony, @ericgeller, @marcambinder, @williamturton, @daviduberti, and @dhsgov
| Natasha Mascarenhas / TechCrunch: |
Mos, a challenger bank for students, raises a $40M Series B led by Tiger Global at a $400M valuation, up from $50M in May 2020 — ‘I wish I had to only convince 1,000 nerds, but we need to convince 20 million students.’ — Human rights activist and Mos founder Amira Yahyaoui couldn't afford … | Ax Sharma / BleepingComputer: |
The Conti ransomware group hits major British snack producer KP Snacks, affecting the supply of Skips, Hula Hoops, McCoy's, and others to leading supermarkets — KP Snacks, a major producer of popular British snacks has been hit by the Conti ransomware group affecting distribution to leading supermarkets.
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betterRetailing, BetaNews, BBC, The i Paper, and The Register
Tweets: @iblametom and @jimwaterson
| Saritha Rai / Bloomberg: |
Counterpoint: Apple shipped 2.3M iPhones in India in Q4, up 34% YoY; Xiaomi shipped 9.3M smartphones, up 2% YoY, and Samsung shipped 7.2M, down 8% YoY — Apple Inc. had its strongest quarter for iPhone sales in India yet, a sign the Cupertino, Calif.-based company is finally making progress …
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Counterpoint Research. More:
Philip Elmer‑DeWitt, iMore, South China Morning Post, Android Central, TechCircle, Apple Must, and 9to5Mac
Tweets: @bloombergquint, @tarunpathak, and @tarunpathak
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