Techmeme
February 1, 2023, 11:20 PM

Top News

Meta:
Meta reports Q4 revenue down 4% YoY to $32.2B, net income down 55% YoY to $4.7B, and family daily active people up 5% YoY to 2.96B; stock jumps 20%+ after hours  —  Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter and full year ended December 31, 2022.
CNBC:
Meta reports $727M Reality Labs revenue in Q4, vs. $715.1M est., a $4.28B operating loss, vs. $4.36B est., a $13.72B loss in 2022, and expects a wider 2023 loss  —  - Meta's Reality Labs unit recorded a $4.28 billion loss in the fourth quarter, bringing its total operating loss for the year to $13.72 billion.
Jordan Novet / CNBC:
Taylor Hatmaker / TechCrunch:
Karissa Bell / Engadget:
Allison Johnson / The Verge:
Samsung debuts the $1,200+ Galaxy S23 Ultra, similar to the S22 Ultra but with a 200MP camera, more robust optical image stabilization, and better battery life  —  The Samsung Galaxy S23 Ultra is an S22 Ultra with an extra layer of polish — figuratively speaking.
Chris Velazco / Washington Post:
Samsung is working with Google and Qualcomm to produce XR products and experiences running an unannounced Android version for devices such as wearable displays  —  The company is working with Google and Qualcomm on new products and the ecosystem to nurture them
Allison Johnson / The Verge:
Samsung unveils the 6.1" Galaxy S23 for $800+ and the 6.6" Galaxy S23+ for $1,000+, with a better selfie camera and Snapdragon 8 Gen 2, shipping on February 17  —  Samsung's S-series phones actually look like they belong together this year.  The S23 and S23 Plus have adopted the floating camera design …
Cherlynn Low / Engadget:
Kyle Wiggers / TechCrunch:
OpenAI launches ChatGPT Plus, a pilot plan with access in peak times, faster response times, and priority access to new features, in the US for $20 per month  —  Aiming to monetize what's become a viral phenomenon, OpenAI today launched a new pilot subscription plan for ChatGPT …
Reed Albergotti / Semafor:
Sources: Microsoft plans to update Bing with OpenAI's GPT-4, a faster and richer version of ChatGPT, in the coming weeks; OpenAI plans to launch a ChatGPT app  —  Microsoft's second-place search engine Bing is poised to incorporate a faster and richer version of ChatGPT, known as GPT-4 …
Emma Roth / The Verge:
Netflix says password sharing rules for the US are not set yet and removes from its US help page rules saying users must connect to primary Wi-Fi every 31 days  —  Based on info sourced from Netflix's support pages, The Streamable reported on Tuesday details about its upcoming anti-password sharing efforts.
Paul Alcorn / Tom's Hardware:
AMD announces its Ryzen 7000X3D pricing: 7950X3D for $699, 7900X3D for $599, both available on February 28, and 7800X3D for $449, available on April 6  —  3D V-Cache to the masses.  —  AMD announced three new Zen 4 Ryzen 7000X3D processors for its AM5 platform at CES 2023 …
Natasha Singer / New York Times:
Drug discount app GoodRx agrees to pay $1.5M to settle with the FTC, which said the company wrongfully gave intimate health info to Meta, Google, and others  —  The popular drug discount app deceptively shared details on users' illnesses and medicines with ad firms, regulators said in a legal complaint.
Leah Nylen / Bloomberg:
Sources: a US judge denies the FTC's bid for a preliminary injunction to block Meta's Within acquisition and gives the agency a week to decide whether to appeal  —  Meta Platforms Inc. won court approval to buy virtual reality startup Within Unlimited, defeating an effort to block the deal …
Sarah Perez / TechCrunch:
Decentralized social network app Damus debuts on the App Store with E2EE for DMs; Damus uses the Nostr protocol, to which Jack Dorsey donated ~14 BTC in 2022  —  Another decentralized social networking application to challenge Twitter has hit the App Store.
Frederic Lardinois / TechCrunch:
Netlify, a cloud service for automating web development projects, acquires its competitor Gatsby, which had raised $46.8M to date, for an undisclosed price  —  Web development platform Netlify today announced that it has acquired its competitor Gatsby, the company behind the opensource GatsbyJS framework.

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Earlier Picks

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