Open Links In New Tab
Mobile Archives Site News
Techmeme
February 3, 2021, 3:30 PM
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Sponsor Events Newsletter

Top News

Ben Thompson / Stratechery:
Jeff Bezos departs as perhaps the best CEO in tech history, having created three huge businesses: Amazon.com, AWS, and Amazon's marketplace/fulfillment services  —  It's the refunds that blow my mind.  —  You may be surprised to know that, despite the fact I live in Taiwan, I have an Amazon Prime account.
Brad Stone / Bloomberg:
Jeff Bezos's surprise resignation feels natural and even inevitable; the walls of his highly compartmentalized empire have been crumbling for some time  —  Jeff Bezos has a formulation about one-way doors and two-way doors—decisions that are irreversible and permanent and those that can always be unwound.
CNBC:
Profile of AWS' CEO and Amazon's next CEO, Andy Jassy, whose success has been built on attracting a variety of customers to AWS, ranging from the CIA to Apple
Jeff Bezos / About Amazon:
In letter to employees, Bezos says his transition is not a retirement and he'll use his time to focus on the Day 1 Fund, Bezos Earth Fund, Blue Origin, and WaPo
Amazon Investor Relations:
Amazon reports Q4 net sales of $125.6B, up 44% YoY, net income of $7.2B, up from $3.3B YoY, with full year net sales increasing to $386.1B, up 38% YoY
Bloomberg:
Report: Apple plans $3.6B investment in Kia, with a deal on Feb. 17, and aims to start making cars in Georgia, US in 2024, with initial target of 100K cars/year  —  - Local media report says deal may be signed later this month  — Hyundai last month confirmed then backed away from Apple talks
Sara Fischer / Axios:
TikTok will prompt users to seek credible information if they try to share videos flagged as misleading, and disincentivize creators from uploading such content  —  TikTok will begin asking users to seek credible information about a topic if they try to share a video that carries …
Robert McMillan / Wall Street Journal:
SolarWinds CEO says hackers had breached the company's Office 365 email system for at least nine months starting December 2019  —  Investigators still don't know how the company was breached in attack that will cost millions  —  The newly appointed chief executive of SolarWinds Corp …
Chaim Gartenberg / The Verge:
Google rolls out an update for Android TV with a refreshed UI that is similar to Google TV on Chromecast  —  A fresh look for Google's (other) smart TV software  —  Google is rolling out a new update for Android TV that gives its smart TV OS a fresh new look — one that's almost identical …
Marc Andreessen / Andreessen Horowitz:
a16z names Sriram Krishnan as its newest GP, after roles at Facebook, Snap, Twitter; Krishnan has been consulting for nine months on an a16z “community project”  —  Welcome, Sriram Krishnan, our newest general partner, to Andreessen Horowitz!  —  Sriram is a well-known …
BuzzFeed News:
Facebook says it will try to protect posts that criticized Myanmar's military and its coup and will remove content that praises or supports the coup  —  After failing to stem the hate speech and misinformation that fueled a genocide in Myanmar, Facebook now says it plans …
Sam Byford / The Verge:
Sony says it shipped 4.5M PlayStation 5 units worldwide in 2020, and reports revenue of $8.4B in Q3, up 40% YoY, operating profit of $763.3M, up 50%  —  A similar figure to the PS4 launch  —  Sony shipped 4.5 million PlayStation 5 units worldwide in 2020, as revealed by information published alongside …
Paul Sawers / VentureBeat:
Box says it has acquired Dutch cloud-based e-signature startup SignRequest for $55M and plans to launch Box Sign in summer 2021  —  Cloud storage and collaboration giant Box has announced plans to acquire SignRequest, a cloud-based electronic signature (e-signature) startup based in the Netherlands, in a deal worth $55 million.
Bloomberg:
Sources: Jack Ma's Ant Group has reached an agreement with Chinese regulators to turn Ant into a financial holding company, subject to bank capital requirements  —  - Ma's fintech giant will become a financial holding company  — Ant is still exploring a potential IPO, but timeline unclear
Reuters:
Microsoft says it supports Australia's proposed new laws forcing Google and Facebook to pay for news content and it would be “willing to live by these rules”  —  (Reuters) - Microsoft Corp said on Wednesday it fully supported proposed new laws in Australia that would force internet giants Google …
Anne Steele / Wall Street Journal:
Spotify reports Q4 results: 345M MAUs, up 27% YoY, as paying subscribers grew to 155M, up 24% YoY, topping expectations; revenue was up 17% YoY to €2.17B  —  But streaming giant offers conservative outlook for the current year as new sign-ups could ebb
Anthony Ha / TechCrunch:
Online grocery delivery service Good Eggs raises $100M led by Glade Brook Capital Partners  —  Grocery delivery startup Good Eggs is announcing that it has raised $100 million in new funding, and that it's planning to launch in Southern California in either the summer or fall of this year.
Manish Singh / TechCrunch:
India warns Twitter to comply with its order to block content related to a farmer protest and not “assume the role of a court and justify non-compliance”  —  India has issued a notice to Twitter, warning the American social firm to comply with New Delhi's order to block accounts …
Kris Holt / Engadget:
Facebook rolls out Messenger for Oculus Quest, as well as App Lab, letting developers distribute apps outside the Oculus Store without needing to sideload  —  Facebook is continuing to stitch its services more closely together — it's now rolling out Messenger on Oculus.
Jesse Pound / CNBC:
GameStop's shares closed for the day at $90 on Feb. 2, down from a peak of $483 last week, as other Reddit-fueled stock trades like AMC suffer similar reversals  —  - Shares of GameStop skidded further before Tuesday's opening bell, with shares of the volatile retail-trader favorite sliding more than 40% …

Sponsor Posts

Airtable:
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.
Zoho:
Zoho Forms for successful Black Friday sales  —  Black Friday is a retail frenzy that can significantly impact your bottom line.  To make the most of this shopping bonanza, you need a strategy that not only attracts customers …
Hamming:
Make AI Voice Agents trustworthy  —  Hamming AI automatically tests AI voice agents and continuously monitors them in production.
Sponsor Techmeme
Techmeme Ride Home:
 Mon. 11/04 - Apple Buying And Investing In Things
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
Sponsor this podcast
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 3:30 PM ET, February 3, 2021.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Mandy Dalugdug / Music Business Worldwide:
UMG, ABKCO, and Concord sue Believe and its subsidiary TuneCore for $500M+, alleging Believe built its business via “industrial-scale copyright infringement”

Christopher Palmeri / Bloomberg:
Sources: Shari Redstone does not plan to stay on the board of Paramount Global after the company completes its planned merger with Skydance Media

William Earl / Variety:
Heretic's directors say they put a message in the credits that “no generative AI was used in the making of this film” to warn Hollywood about the danger of AI

More News

Matthew Ball / MatthewBall.vc:
Apple's iOS is inhibiting the growth of the future internet but regulators can remedy that by forcing Apple into competition in app distribution and payments

Earlier Picks

Jill Lepore / New Yorker:
Nations are engaging in a cyberweapons arms race, with agencies like the NSA prioritizing offensive capabilities over defense, fueling a lucrative 0-day market
Jay Greene / Washington Post:
As Alabama warehouse workers prepare to vote on unionization, Amazon is sending workers 5 texts/day and putting flyers in bathrooms urging them not to unionize
Catalin Cimpanu / ZDNet:
A researcher has discovered that the recently disclosed Sudo vulnerability, which can be exploited to grant root access to any local user, also impacts macOS
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Sponsor Events Newsletter