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February 4, 2022, 4:05 AM
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| 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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The Register, Wall Street Journal, PYMNTS.com, CNBC, Reuters, SiliconANGLE, New York Times, SlashGear, The Guardian, Android Police, and New York Post
Tweets: @ldrogen, @delrey, @divestech, @danielnewmanuv, @epro, @johnkicklighter, @christeso, @ldignan, @quinnypig, and @joshg_etoro
| 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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Silicon Republic, GeekWire, and AdExchanger
Tweets: @benedictevans, @stacyfmitchell, @benyt, @arjunkharpal, @chuck_gopal, @birdyword, @mattrosoff, @markdistef, @tanyadua, @edmundlee, @sarthakgh, @pkafka, @stacyfmitchell, @daveleeft, @acouplecents, @shiraovide, @matthewstoller, @stacyfmitchell, @pkafka, @mjasay, @craigsilverman, @lpolgreen, @stacyfmitchell, @rakeshlobster, and @tomgara
| Taylor Soper / GeekWire: |
Amazon will raise Prime's US prices by $20 to $139 per year and by $2 to $14.99 per month, 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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IGN, Insider, Variety, 9to5Mac, Engadget, USA Today, Reuters, Yahoo Finance, Deadline, GameSpot, TechCrunch, Washington Post, CRN, Gizmodo, XDA Developers, Ars Technica, Financial Times, Tom's Guide, and Financial Times
Tweets: @robpegoraro, @eorden, @richontech, and @joshkeaton
| Bloomberg: |
Meta closes down 26%, erasing ~$250B from its market cap, the biggest single-day loss in market value 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, Washington Post, CNBC, The Verge, Bloomberg, Insider, Protocol, The Economic Times, Bloomberg, Daring Fireball, Financial Times, Social Media Today, The Guardian, Silicon Valley Business …, dot.LA, MacDailyNews, and Benzinga
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| Stephanie Condon / ZDNet: |
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| 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, PYMNTS.com, purexbox.com, Digital Trends, Forbes, GamesIndustry.biz, The Verge, MarketWatch, Washington Post, Gamepur, and Bloomberg
Tweets: @jordannovet and @atvi_ab
| Andrew Thurman / CoinDesk: |
Wormhole's parent company replaces $322M worth of ETH stolen by a hacker on Wednesday; the bridge's operations resumed after the attack vector was patched — Wormhole's parent company has stepped in to prevent chaos across the Solana DeFi landscape. — After one of the most devastating exploits …
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Bloomberg, CoinGape, Decrypt, CBS News, Blockworks, and Bloomberg
Tweets: @kelvinfichter, @wormholecrypto, and @pearswick
| James Rubin / CoinDesk: |
A bipartisan group of US representatives reintroduces the Virtual Currency Tax Fairness Act, which would exempt paying taxes on realized crypto gains under $200 — The legislation by a bipartisan group of House representatives would exempt realized crypto gains under $200.
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U.S. Congresswoman …, Coin Center, and The Block
| 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.
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The Information, Wall Street Journal, Snap Inc., Investopedia, Reuters, Axios, Hollywood Reporter, SiliconANGLE, MarketWatch, Forbes, Variety, Engadget, Barron's Online, and 9to5Mac
| 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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CNBC, Bloomberg, Axios, Washington Post, 9to5Mac, Reuters, MediaNama, Chamber of Progress, iTnews, Ubergizmo, SiliconANGLE, Chamber of Progress, Wall Street Journal, PYMNTS.com, and The Register
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| The Information: |
Source: Tiger Global has raised $11B+ for its latest VC fund as of January and expects to close the fund at $12B in March, up from the $10B target set last year — Tiger Global Management, the New York-based hedge fund that made more private tech investments than any other firm last year …
Tweets: @ledgerstatus
| 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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Ars Technica, New York Times, Protocol, 9to5Mac, Variety, and Washington Post
| 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 … | Adam Satariano / New York Times: |
A profile of Seznam, a leading search engine in the Czech Republic before Android's rise that is helping to inspire laws to limit Big Tech's power — A small search engine company in the Czech Republic helped inspire a law that is poised to put major limits on tech giants like Google.
Tweets: @nytimes, @daiwaka, @mh4oh, and @ondrej1974
| Tiernan Ray / ZDNet: |
Pinterest reports Q4 revenue of $847M, up 20% YoY, 431M global MAUs, down 6% YoY, and FY 2021 revenue of $2.6B, up 52% YoY; stock is up 20%+ — Pinterest's monthly average users dropped 6%, year over year, to 431 million, below consensus for 448 million. The decline was largest in the U.S., where users declined 12% to 86 million.
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Bloomberg, MarketWatch, Investor's Business Daily, Pinterest, CNBC, Reuters, and Adweek. Tweets: @carnage4life
| 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 and PCMag
| Blake Brittain / Reuters: |
Nike sues online reseller StockX for selling unauthorized NFTs of its shoes, citing its trademarks, and promises “a number of virtual products” later this month — Sneaker giant Nike sued online reseller StockX in New York federal court on Thursday for selling unauthorized images of Nike shoes … | Corbin Davenport / XDA Developers: |
Google releases Flutter 2.10 with stable support for developing Windows apps; macOS and Linux support remains in beta — Google has been working on Flutter for a few years now, with the goal to create the cross-platform software framework of developers' dreams.Sponsor Posts
Airtable:
Meet Airtable ProductCentral — The unified solution for managing your entire product development process in the AI era.
Meet Airtable ProductCentral — The unified solution for managing your entire product development process in the AI era.
Tribe AI:
Build AI products that matter — Tribe AI helps organizations rapidly deploy AI solutions that have real business impact. We bring together world class AI talent and tooling to drive differentiated results.
Build AI products that matter — Tribe AI helps organizations rapidly deploy AI solutions that have real business impact. We bring together world class AI talent and tooling to drive differentiated results.
Zoho:
Zoho SalesIQ turns 10: Transforming customer experiences since 2014 — October marked a remarkable milestone for Zoho SalesIQ—our 10th anniversary. What began in 2014 as a simple live chat tool has evolved …
Zoho SalesIQ turns 10: Transforming customer experiences since 2014 — October marked a remarkable milestone for Zoho SalesIQ—our 10th anniversary. What began in 2014 as a simple live chat tool has evolved …
Hamming:
Make AI Voice Agents trustworthy — Hamming AI automatically tests AI voice agents and continuously monitors them in production.
Make AI Voice Agents trustworthy — Hamming AI automatically tests AI voice agents and continuously monitors them in production.Who's Hiring In Tech?
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