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February 4, 2022, 12:05 PM
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| Bloomberg: |
Source: at a Meta-wide meeting, Mark Zuckerberg told staff to focus on growing short-video products, citing an “unprecedented level of competition” from TikTok — Mark Zuckerberg quipped that if he started to cry, it wasn't because of the day's news.
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Wall Street Journal, USA Today, Input, Los Angeles Times, The Guardian, Cointelegraph, the mesha tribe, MUO, and Mashable
Tweets: @turnernovak, @hankgreen, @papapishu, @mims, @silviakillings, @qwongsj, @stevekovach, @tomgara, @emmakinery, @michelletweetin, @strngwys, @swodinsky, @mc_lotta, @patrickklepek, @swodinsky, @michaelsayman, @jmgpix, @lainnafader, @manyatruenerd, @jmgpix, @silvermanjacob, @bponsot, @swodinsky, and @martinsfp
| David McLaughlin / Bloomberg: |
Meta's dismal earnings highlight the challenging competitive landscape, especially TikTok, adding ammunition for the company to fight the FTC's antitrust suit — Meta Platforms Inc.'s dismal earnings report had one potential silver lining for Chief Executive Officer Mark Zuckerberg …
Tweets: @anshelsag, @kurtwagner8, @amitranjan, and @dzuidijk
| 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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| Stephanie Condon / ZDNet: |
| Benjamin Mayo / 9to5Mac: |
Apple plans to charge dating app developers using alternative payment systems a 27% commission in The Netherlands, instead of its usual 30% for in-app purchases — Apple today provided some additional details about how it will allow dating apps in the Netherlands to offer alternative payment systems … | 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 10%+ — 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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Engadget, HotHardware.com News, The i Paper, PhoneArena, GeekWire, The Register, Redmond Pie, 9to5Mac, Tom's Guide, The Diff, CNBC, New York Times, Financial Times, AppleInsider, iPhone Hacks, MacRumors, and PYMNTS.com
Tweets: @toddbishop, @divestech, @epro, @stacyfmitchell, @quinnypig, and @ldignan
| Annie Palmer / CNBC: |
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BIG by Matt Stoller and Silicon Republic
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| Taylor Soper / GeekWire: |
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Tweets: @joshkeaton, @horrorgeek, @richontech, and @schuldensuehner
| Wall Street Journal: |
Filing: News Corp discovered a hack on January 20 that accessed emails and documents of some staff; an expert says the attack is likely linked to China — The attack, discovered on Jan. 20, affected publications including The Wall Street Journal, New York Post and the company's U.K. news operation
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BleepingComputer, The Record, ZDNet, Engadget, The Verge, The Guardian, Bloomberg, New York Post, Tech Xplore, Security Affairs, Reuters, and SecurityWeek
Tweets: @dnvolz, @kimzetter, and @eamonjavers
| Bloomberg: |
Two more employees from Google's Ethical AI research group leave to join Timnit Gebru's new nonprofit research institute DAIR, adding to the turmoil at the unit — Google's Ethical AI research group lost two more employees, adding to the turmoil at the unit studying an area that is vitally important …
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Alex Hanna, Bloomberg, and Protocol
Tweets: @monicabyrne13, @dinabass, @josheidelson, and @josheidelson
| James Vincent / The Verge: |
Twitter begins expanding its reply downvote test globally on web and mobile; downvotes are not public and are used to tweak which replies Twitter shows — Votes aren't public and are used to surface relevant replies — If you've seen the option to downvote replies on Twitter, you're not alone.| Blake Brittain / Reuters: |
Apple and Broadcom win a new trial after persuading a US appeals court to vacate a $1.1B verdict in a patent-infringement case over Caltech's Wi-Fi patents — Apple Inc (AAPL.O) and Broadcom Inc (AVGO.O)on Friday convinced a U.S. appeals court to throw out a jury verdict requiring …
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AppleInsider, CNET, MacRumors, 9to5Mac, Bloomberg, MacDailyNews, and iMore
| Adi Robertson / The Verge: |
Meta adds a “personal boundary” system, on by default, to VR avatars in Horizon Worlds and its Horizon Venues live event service, aiming to stop harassment — It's rolling out in Horizon Worlds and Venues — Meta is adding a “personal boundary” system to its Horizon virtual …
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Oculus Blog, The Independent, Reuters, and New York Post
Tweets: @alexeheath, @rstephens, @mikeelgan, @reckless, @tojiro, and @stokel
| 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 … | Bloomberg: |
The UK's CMA fines Meta £1.5M during its Giphy probe for breaching its merger investigation rules by failing to inform the CMA of three “key” US staff leaving — Meta Inc. was fined 1.5 million pounds ($2 million) from the U.K.'s competition regulator for breaching … | New York Times: |
A bipartisan group of House lawmakers writes to Andy Jassy asking why Amazon still sells a food preservative used for suicide, an accounting of sales, and more — Even as grieving families tried to warn Amazon and other e-commerce sites of the danger, there were more purchases and more deaths.
Tweets: @dkiesow, @jodikantor, @mega2e, @maxwellstrachan, @mega2e, @jkosseff, @zeldman, @robpegoraro, @epro, @cagoldberglaw, and @nataliapetrzela
Sponsor Posts
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Passkeys Week for a passwordless future: Learn how Zoho is embracing passkeys — Passkeys are the modern-day alternative authentication method that was introduced to replace traditional passwords for enhanced security and convenience.
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