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February 3, 2021, 2:05 PM
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| 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 — Fellow Amazonians: — I'm excited to announce that this Q3 I'll transition to Executive Chair of the Amazon Board and Andy Jassy will become CEO.
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Washington Post, Vox, InfoWorld, USA Today, New York Times, TechCrunch, On my Om, Ars Technica, Business Insider, CNBC, OneZero , Redmond Pie, Reuters, Cloud Computing News, Financial Times, cloudpro.co.uk, MediaNama, coinspeaker.com, Telecoms.com, ComputerWeekly.com, Engadget, Silicon Canals, Wall Street Journal, Protocol, The Overspill, Associated Press, Politico, and KnowTechie
Tweets: @missgallo, @voxdotcom, @firstadopter, @robertcaruso, @iradhikagupta, and @apollozac
| 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 — Founder and CEO Jeff Bezos will transition to role of Executive Chair in Q3, Andy Jassy to become Chief Executive Officer of Amazon at that time
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New York Times, The Guardian, CNN, Forbes, Android Headlines, ZDNet, International Business Times, CNET, and WRAL TechWire
Tweets: @charliebilello, @ericfranchi, and @charliebilello
| Brad Stone / Bloomberg: |
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The Verge, New York Times, The Irish Times, CNBC, The Economic Times, BBC, Data Driven Investor, and Axios
Tweets: @business, @dylanbyers, @histoftech, @josh_wingrove, and @retogregori
| CNBC: |
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VICE, Washington Post, Wall Street Journal, Axios, Vox, Protocol, South China Morning Post, Business Insider, Politico, Forbes, Fast Company, Fast Company, BGR India, and coinspeaker.com
Tweets: @alfredwkng, @repkenbuck, @nickmcquire, @nickmcquire, @nickmcquire, @nickmcquire, @nickmcquire, @nickmcquire, @nickmcquire, and @nickmcquire
| Ben Thompson / Stratechery: |
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The Verge, CNBC, and Business Insider
Tweets: @mathewi, @ntaylor963, @ahmed, @cagan, @dylanbyers, and @stratechery
| Todd Haselton / CNBC: |
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The Guardian, Business Insider, NBC News, Vox, The Economic Times, GeekWire, CNBC, Bloomberg, ZDNet, Newser, and Firstpost Tech
Tweets: @deanred123, @sundarpichai, @satyanadella, @film_girl, @athertonkd, @reductress, @btaylor, @ceciliakang, @werner, @reckless, @golovashkina, @melissaryan, @benthompson, @fdestin, @brianmfloyd, @julieolivertx, @charliebilello, @reddogt3, @danprimack, @mpower_change, @thekarami, @gregmepstein, @kantrowitz, @backlon, @toddbarry, @bymikebaker, @paultassi, @k_trendacosta, @sdkstl, @yoda, @gaberivera, @greengart, @carnage4life, @caseynewton, @axelroark, @lexnfx, @sdkstl, @jaypeters, and @cnbcjou
| 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 …
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Axios, Reuters, Trustwave, The Hill, CNET, CyberScoop, Wired, Washington Post, OnMSFT.com, Dark Reading, BleepingComputer, CRN, The Hacker News, Forbes, SecurityWeek, infosecurity-magazine.com, SC Media, NBC News, Cybereason, and AppleInsider
Tweets: @hatr and @zachsdorfman
| 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
Source:
gongA.com. More:
PCMag, Reuters, TechSpot, MacRumors, KnowTechie, Light Reading, iDownloadBlog.com, Redmond Pie, Mashable, MacDailyNews, TechRadar, BGR, iPhone in Canada Blog, MSPoweruser, Cult of Mac, MakeUseOf, Fortune, Tom's Guide, iMore, and iPhone Hacks
Tweets: @carnage4life, @sam_l_shead, @imkialikethecar, @mpelletiercio, @brianroemmele, and @twitandrewking
| 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 …
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TikTok, CNN, The Verge, Forbes, TechCrunch, KnowTechie, Pocketnow, and Silicon Republic
Tweets: @tiktokcomms and @sarafischer
| 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 … | 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 …
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Engadget, VentureBeat, Tom's Hardware, Reuters, Laptop Mag, CNET, Nikkei Asia, TechSpot, 9to5Toys, Dot Esports, Wall Street Journal, PCMag, Financial Times, Thurrott, CNBC, TechPowerUp, and KnowTechie
Tweets: @tomwarren and @vikingsizegamer
| Sarah Perez / TechCrunch: |
Instagram confirms it is working on an early prototype of Vertical Instagram Stories, which are presented in a TikTok-like scrolling fashion — Instagram is developing a new feature that could give its app more of a TikTok-like feel: Vertical Instagram Stories.| 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
More:
CoinDesk, PYMNTS.com, Cointelegraph, Financial Times, Wall Street Journal, and Tech in Asia
Tweets: @luluyilun and @glennluk
| Paul Sawers / VentureBeat: |
Google and its partner SubCom say the Dunant subsea cable between US and France is now operational; the 4,000-mile cable can carry 250 terabits/second — Google's second fully privately owned subsea cable is now open for business. The announcement comes shortly after the company recorded …
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TechCrunch, Google Cloud Blog, and ZDNet
| 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 …
More:
The Verge. Tweets: @tomscocca, @jeffhorwitz, @max_fisher, @mantzarlis, @alkapdc, @riegerreport, @graceonfootball, @charlesarthur, @peterwsinger, @rulajebreal, and @slpng_giants
| Darrell Etherington / TechCrunch: |
Wine recommendation and marketplace app Vivino raises $155M Series D led by Sweden's Kinnevik, bringing its total raised to $221M, and says it now has 50M users — If you're at all interested in wine, chances are you've turned to Vivino at least a few times for recommendations.
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FinSMEs, StreetInsider.com, PYMNTS.com, and Bloomberg
| Bloomberg: |
Online payments service Payoneer, which counts Airbnb and Amazon as clients, agrees to go public via SPAC at a $3.3B valuation — - Payment firm used by Airbnb, Amazon to merge with FTAC Olympus — Company is profitable, expects $432 million in revenue in 2021
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Globes Online, Reuters, Business Insider, MarketWatch, PYMNTS.com, and Finextra
| 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.
More:
San Francisco Business Journal, GlobeNewswire, and BloombergQuint
Tweets: @autumncapital, @mattrosoff, and @foodtechconnect
| 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
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Spotify, Financial Times, The Verge, Business Wire, RAIN News, phonearena.com, Axios, TechSpot, 9to5Mac, Variety, Bloomberg, Deadline, and Engadget
Tweets: @kerrymflynn and @dylanbyers
| Kyle Wiggers / VentureBeat: |
Rescale, which offers “infrastructure-as-a-service” tools for scientific and engineering simulations, raises $50M Series C, bringing total raised to $100M+ — Rescale, a San Francisco, California-based startup developing a software platform and hardware infrastructure for scientific … | Natalia Drozdiak / Bloomberg: |
Biden's administration signals it is open to a deal on taxing US tech companies globally, after EU-Trump clashes, as OECD plans an agreement by summer — Hey all, it's Natalia. Tech giants including Alphabet Inc., Apple Inc. and Facebook Inc. could soon be hit with higher taxes around …
Tweets: @glynmoody and @economics
| 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 — Chapter One: The Creation of Today's Internet and the Needs of Tomorrow's — One of the neat things about the internet is who created it, why, and how.
Tweets: @ballmatthew, @ballmatthew, @ballmatthew, @benedictevans, @zoescaman, @akruglov, @ballmatthew, @ballmatthew, @ballmatthew, @ballmatthew, @ballmatthew, @ballmatthew, @ricardobsalinas, @pierskicks, @ballmatthew, @dsilverman, @ballmatthew, @timsweeneyepic, @ctothejones, @micapital2, @lucas_shaw, and @valuations_
| 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% …
More:
Washington Post, Bloomberg, CoinDesk, New York Times, New York Times, and CBS News
| 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 …
More:
Wall Street Journal, Reuters, NDTV.com, Variety, and KnowTechie
Tweets: @accessnow and @meghavishwanath
| 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 — The stakes couldn't be higher for the e-commerce giant, which is fighting the biggest labor battle in its history on U.S. soil
More:
The Guardian, Bloomberg, Business Insider, Fortune, and NPR
| 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.
More:
Oculus Blog, Messenger News, Road to VR, Tom's Guide, KnowTechie, The Verge, and TechCrunch
Tweets: @oculus, @jeffbulljr, @diegomendes, @lucid00, @visigoth, @creationsdb, @vr_sam, @id_aa_carmack, and @jacobrossi
| Katie Roof / Bloomberg: |
Brightwheel, which builds tools for preschools, like an app to communicate with parents, raises $55M led by Addition at a $600M valuation — - ‘Shark Tank’ alum helps kids safely return to preschool — $55 million startup investment led by Lee Fixel's Addition
More:
PRWeb
| 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 … Sponsor Posts
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AppleInsider, MacRumors, Macworld, Tom's Guide, Wccftech, 9to5Mac, iPhone Hacks, Security Affairs, BleepingComputer, and Lifehacker. Tweets: @gurgling_mrd