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February 2, 2023, 6:50 PM
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memeorandum
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| Apple: |
Apple reports Q1 revenue down 5% YoY to $117.2B, marking its largest annual quarterly revenue decline since 2016, and net income down 13% YoY to $30B — Installed base crosses 2 billion active devices and hits all-time high for all major product categories — Services set new all-time revenue record| Kif Leswing / CNBC: |
Apple Q1 revenue: iPhone down 8% YoY to $65.8B, Mac down 29% YoY to $7.7B, iPad up 30% YoY to $9.4B, and Wearables, Home, and Accessories down 8% YoY to $13.5B — Follow your favorite stocksCREATE FREE ACCOUNT — Apple missed expectations for revenue, profit, and sales for many of its lines … | Michael Potuck / 9to5Mac: |
More:
MacRumors, The Verge, AppleInsider, Deadline, The Apple Post, and The Hollywood Reporter
Tweets: @loudmouthjulia, @loudmouthjulia, @neilcybart, and @ragnarisapirate
| TechCrunch: |
Twitter plans to discontinue free access to its API starting on February 9, ending support for both v1.1 and v2, and launch a “paid basic tier” instead — Twitter will discontinue offering free access to the Twitter API starting February 9 and will launch a paid version …
More:
The Verge, VICE, Gizmodo, Techdirt, CNBC, Semafor, PhoneArena, Social Media Today, Daring Fireball, Pixel Envy, Forbes, Scripting News, Michael Tsai, Fast Company, Neowin, Tubefilter, Quartz, iPhone in Canada Blog, Wall Street Journal, NewsBTC, PCMag, The Register, Top Startups 2023, CNET, BGR, Mashable, Thurrott, XDA Developers, Ars Technica, and Coinspeaker
Mastodon: @katestarbird@mstdn.social, @lauren@mastodon …, @ben@mastodon.adida.net, @brentsimmons@indieweb.social, @andybaio@xoxo.zone, @anildash@me.dm, @drdrang@fosstodon.org, @davew@mastodon.social, @jtlg@mastodon.lawprofs.org, @paul@tapbots.social, @prehensile@tech.lgbt, @campuscodi@mastodon.social, @molly0xfff@hachyderm.io, @rodhilton@mastodon.social, @simon@fedi.simonwillison.net, @blair@social.macmynatt.com, @jkottke@saturation.social, @maxkennerly@mstdn.social, @cfiesler@hci.social, @ernie@writing.exchange, @moehrenfeld@chaos.social, @ummjackson@mastodon.social, @bxroberts@journa.host, @aparrish@friend.camp, @atomicpoet@mastodon.social, @mcc@mastodon.social, @stux@mstdn.social, @chockenberry@mastodon.social, @dave@social.masto.land, @mmasnick@mastodon.social, and @ianbetteridge@mastodon.me.uk
Tweets: @twitterdev, @twitterdev, @luca, @elonmusk, @wongmjane, @wongmjane, @molly0xfff, @good_faces_bot, @agoldmund, @ninstatusbot, @get_alttext, @ow, @orchestrative, @twitterdev, @geoffwithasword, @martinsfp, @oalexanderdk, @supersparkplugs, @dancow, @namgoreng, @digiphile, @splatoon3ink, @jgee, @penamerica, @jeffseibert, @frogandtoadbot, @rabbit_ebooks, @phineyes, @dimensionmedia, @mgsiegler, @tabitasurge, @fart, @atomicthumbs, @enichan, @kottke, @mjg59, @mild_sunrise, @sweetpavement, @0xabad1dea, @russellbrandom, @esqueer_, @mubashariqbal, @stampsbot, @marshallk, @mylesborins, @tier10k, @liora_, @wabetainfo, @chrisapplegate, @josephpolitano, @_restaurant_bot, @anythingbott, @pixeldesu, @thdxr, @aliceavizandum, @madokaframes, @ivanontech, @webster, @theessem, @alex_kirshner, @psmith, @pkmnframes, @markpopham, @mulligan, @tante, @jamesrbuk, @shitpostbotmin, @craigsilverman, @tomcoates, @zsk, @halomancer1, @heyjenbartel, @acaguy, @tiffanyleigh, @mikeisaac, @migueldeicaza, @chetfaliszek, @mattsheffield, @frankdegods, @acecourtbot2, @rsarver, @anythingbott, @thepacketrat, @connollyebooks, @emojimashupbot, @thekenyeung, @jangles, @steveluvender, @kingkool68, @pookleblinky, @frosunliberal, @functi0nzer0, @carnage4life, and @pkmnframes
| Alphabet: |
Alphabet reports Q4 revenue up 1% YoY to $76B, net income down 34% YoY to $13.6B, Google Cloud revenue up 32% YoY to $7.3B, and employees up 22% YoY to 190,234 — MOUNTAIN VIEW, Calif. - February 2, 2023 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter and fiscal year ended December 31, 2022.
More:
The Information, The Verge, 9to5Google, Search Engine Journal, Neowin, and WRAL TechWire
Tweets: @mattrosoff, @bruce_lambert, and @rustybrick
| Jon Swartz / MarketWatch: |
Alphabet reports Google advertising revenue down 4% YoY from $61.2B to $59B, below analyst estimates of $60.4B, and Google Search revenue down 2% YoY to $42.6B — Alphabet Inc.'s stock initially slipped in extended trading Thursday after it missed slightly on revenue and earnings in a ho-hum quarterly result.| Jennifer Elias / CNBC: |
| Todd Spangler / Variety: |
| Mark Gurman / Bloomberg: |
Sources: Apple decided not to replace departing VP of Industrial Design Evans Hankey; its group of ~20 industrial designers will report to COO Jeff Williams — Apple Inc. has decided against naming a new executive to replace its departing top product designer, marking a stark shift …
More:
Macworld, 9to5Mac, BGR, Appuals.com, AppleInsider, MacRumors, iPhone in Canada Blog, and Patently Apple
Tweets: @markgurman, @mgsiegler, @zollotech, @parkerortolani, @whatthebit, @rustybrick, @newsynick, @daniellesacks, and @trippmickle
| Wall Street Journal: |
TikTok's playbook to win DC's trust, like touring its Transparency and Accountability Center in California, echoes Huawei's unsuccessful US and Europe strategy — Chinese-owned app is taking steps that are similar to largely unsuccessful tactics used by the telecom giant — How TikTok Could Become a U.S. Company
More:
New York Times, The Verge, Washington Post, CNN, Vox, South China Morning Post, Bloomberg, Reuters, Wired, CNET, WRAL TechWire, Forbes, The Hollywood Reporter, TIME, NPR, CNBC, Dexerto, TechCircle, MacDailyNews, iThinkDifferent, iClarified, iPhone in Canada Blog, The Information, PetaPixel, and 9to5Mac
Tweets: @senatorbennet, @davidgura, @shiringhaffary, @katiedjennings, @binarybits, @ssssebunya, and @mattnavarra
| Amazon: |
Amazon reports Q4 revenue up 9% YoY to $149.2B, net income down 98% YoY to $278M, AWS revenue up 20% YoY to $21.4B, and number of employees down 4% YoY to 1.54M — Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its fourth quarter ended December 31, 2022. Fourth Quarter 2022
More:
Bloomberg, CNET, The Information, NPR, GeekWire, Reuters, CNBC, and Deadline
Tweets: @patrickmoorhead and @alexweprin
| Annie Palmer / CNBC: |
More:
Reuters, Seattle Business Journal, The Verge, Android Central, Variety, and The Hollywood Reporter. Tweets: @quinnypig
| Krystal Hu / Reuters: |
Similarweb: ChatGPT reached 100M MAUs and ~13M daily unique visitors in January 2023, two months after launch, becoming the fastest-growing consumer app yet — ChatGPT, the popular chatbot from OpenAI, is estimated to have reached 100 million monthly active users in January …
More:
Engadget, The Guardian, CBS News, Gizmodo, Insider, Fortune, Ars Technica, iPhone in Canada Blog, Neowin, Metaverse Post, BGR, and Tubefilter
Tweets: @carnage4life, @levie, and @emollick
| Kyle Wiggers / TechCrunch: |
More:
OpenAI, Computerworld, Michael Tsai, TechRadar, WRAL TechWire, Insider, Analytics Insight, and Gearburn
Mastodon: @michellemanafy@journa.host. Tweets: @openai, @gdb, @razzaque_ayesha, @1lucabelli, @heydave7, and @ruhanirabin
| Tom Warren / The Verge: |
Sony introduces Discord voice calls in beta for the PlayStation 5 in the US, Canada, Japan, and the UK, adds Variable Refresh Rate support for 1440p, and more — Beta testers will be able to join Discord voice calls on a PS5 console in the US, Canada, Japan, and UK starting today.
More:
PlayStation.Blog, Discord Blog, Club386, Video Games Chronicle, BGR, TechRadar, Neowin, Gameranx, Appuals.com, GameSpot, IGN, Game Rant, Eurogamer.net, and iPhone in Canada Blog
Tweets: @stlcty03, @wario64, @lumberjackry, @discord, and @nickstatt
| Marissa Newman / Bloomberg: |
Legal docs: Meta paid Bright Data to scrape data from other websites for years while publicly condemning the practice and suing companies for scraping its sites — Facebook owner Meta Platforms Inc. for years paid a contractor to scrape data from other websites while publicly condemning …
More:
Washington Examiner and Engadget
Tweets: @oliviasolon, @andymstone, @audiosilver, @karllorey, @andymstone, @karde, @martinsfp, @yoda, @jason_kint, and @mikebutcher
| Subrat Patnaik / Bloomberg: |
After a 64% decline in 2022, Meta's stock is up 110%+ since its November low, one of the S&P 500 Index's best-performing stocks, adding $250B+ to its market cap — A spectacular turnaround in Meta Platforms Inc.'s stock is bringing back flashes of Big Tech heydays.
More:
Forbes, Meta, New York Times, New York Times, Wall Street Journal, CNBC, Newser, Forbes, Gizmodo, and Fast Company
Tweets: @jason_kint, @jowens510, @carlquintanilla, @andrewztan, @amyklobuchar, @blakestonks, @themarketdog, @lisaabramowicz1, @borrowed_ideas, @borrowed_ideas, @borrowed_ideas, @spectatorindex, @stockmktnewz, @rakeshlobster, @lisaabramowicz1, @mikeisaac, @stealthqe4, @seyitaylor, @stevesi, @qcapital2020, @grdecter, @turnernovak, and @jimpethokoukis
| Ben Thompson / Stratechery: |
| Tom Schoenberg / Bloomberg: |
Sources: US prosecutors in the DOJ's fraud unit are investigating California-based bank Silvergate over hosting accounts tied to FTX and Alameda Research — US prosecutors in the Justice Department's fraud unit are looking into Silvergate Capital Corp.'s dealings with fallen crypto giants FTX … | Bloomberg: |
Sony reports Q3 sales rose 13% YoY to ~$26.4B and operating income dropped 8% YoY to ~$3.3B, beating analyst estimates; PS5 sales hit 7.1M, up from 3.9M YoY — Sony Group Corp. revised up its full-year profit outlook after earnings beat estimates and the company had its best quarter of PlayStation 5 sales.
More:
Engadget, Reuters, Video Games Chronicle, The Wrap, Game Rant, Push Square, and Thurrott
| Jon Victor / The Information: |
Docs: Verily's revenue grew to $470M in the first nine months of 2022, up from $228M YoY, making the company Alphabet's second biggest subsidiary by revenue — Verily, by far the biggest Alphabet unit by revenue after Google, continues to post heavy losses, according to previously undisclosed financial information.| Olga Kharif / Bloomberg: |
Chainalysis lays off less than 5% of its staff as part of a reorganization; in January, its CEO said the company plans to grow staff by ~11% and expand globally — Chainalysis Inc., a company that specializes in tracking crypto transactions and the entities behind them, said it's made layoffs affecting less than 5% of staff.
More:
Forbes, SiliconANGLE, Crypto Saving Expert, The Information, and Cryptonews
Tweets: @wublockchain and @steven_ehrlich
| Karissa Bell / Engadget: |
TikTok revamps its account enforcement system, including a new strike system meant to address “repeat offenders”, bringing its policy in line with its peers' — TikTok is trying to make it easier for creators and others to navigate its rules, and understand what's happening to their accounts.Sponsor Posts
Meta:
Open Source AI: Available to all, not just the few — Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
Open Source AI: Available to all, not just the few — Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
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.
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Zoho:
CIO challenge 5: Can we find an effective solution that also minimizes operational costs? — Welcome to the next and final installment of our CIO series! After what feels like a thousand cups of coffee …
CIO challenge 5: Can we find an effective solution that also minimizes operational costs? — Welcome to the next and final installment of our CIO series! After what feels like a thousand cups of coffee …
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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