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January 31, 2024, 5:55 AM
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memeorandum
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| Alphabet: |
Alphabet reports Q4 revenue up 13% YoY to $86B, net income up 52% to $20.7B, Google Cloud revenue up 26% to $9.2B, and headcount down 4%+; GOOG drops 5%+ — MOUNTAIN VIEW, Calif. - January 30, 2024 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter and fiscal year ended December 31, 2023.
More: The Verge, Silicon Republic, CNBC, Bloomberg, Constellation Research, Android Central, Yahoo Finance, Associated Press, Forbes, MBI Deep Dives, PYMNTS.com, Thurrott, and Search Engine Land
Threads: @crumbler. Bluesky: @epro.social. X: @traceyryniec, @munster_gene, @thetranscript_, @thetranscript_, @wanguws, @munster_gene, and @munster_gene
| Todd Spangler / Variety: |
| Todd Spangler / Variety: |
Universal Music Group plans to cease licensing content to TikTok after their agreement expires on January 31, saying they failed to reach new licensing terms — UMG said that its agreement with TikTok is set to expire on Jan. 31. “The companies have not agreed to terms for a new agreement …
More: UMG, Engadget, Bloomberg, Livemint, The Guardian, NBC News, Cybernews.com, Mashable, 9to5Mac, inews.co.uk, PhoneArena, Financial Times, Tech Xplore, Music Ally, PR Newswire, CNBC, Reuters, CityAM, The Register, Social Media Today, TikTok, Dexerto, The Information, Music Technology Policy, The Messenger, and TechCrunch
| Microsoft: |
Microsoft reports Q2 revenue up 18% YoY to $62B, net income up 33% YoY to $21.9B, Office Commercial revenue up 15% YoY, and LinkedIn revenue up 9% YoY — REDMOND, Wash. — January 30, 2024 — Microsoft Corp. today announced the following results for the quarter ended December 31, 2023 …
More: Bloomberg, SiliconANGLE, Yahoo Finance, Bloomberg, Neowin, Digital Information World, Associated Press, and Search Engine Land
Bluesky: @epro.social. X: @carnage4life, @divestech, @jordannovet, @thetranscript_, @jordannovet, @munster_gene, @munster_gene, @jordannovet, and @munster_gene. LinkedIn: Jack Rowbotham
| Jordan Novet / CNBC: |
More: Axios, NBC Bay Area, KNSD-TV, GeekWire, The Information, The Messenger, Investor's Business Daily, and Reuters
| Tom Warren / The Verge: |
More: Engadget, MSPoweruser, GeekWire, Pure Xbox, Game Rant, Thurrott, Windows Central, and Constellation Research
| Sheila Chiang / CNBC: |
Samsung reports Q4 revenue down 3.8% YoY to ~$51B, vs. ~$52.1B est., operating profit down ~35% YoY to ~$2.1B, vs. ~$2.6B est., and rising 2024 memory demand — - Samsung on Wednesday reported a 34.57% drop in operating profit in the fourth quarter from a year ago, in line with its guidance issued earlier this month.| Vitalik Buterin / Vitalik Buterin's website: |
A look at the four major categories of apps that could emerge at the intersection of crypto and AI, and the prospects and challenges of each category — Special thanks to the Worldcoin and Modulus Labs teams, Xinyuan Sun, Martin Koeppelmann and Illia Polosukhin for feedback and discussion.
More: CoinDesk, Cryptonews, Cointelegraph, Cryptopolitan, Decrypt, CryptoPotato, crypto.news, and Crypto Briefing
| Nilay Patel / The Verge: |
Apple Vision Pro review: marvelous display, great hand and eye tracking, and works seamlessly in the ecosystem, but pricey and video passthrough can be blurry — The Apple Vision Pro is the best consumer headset anyone's ever made — and that's the problem.
More: Wall Street Journal, Marques Brownlee on YouTube, CNET, Tom's Guide, Washington Post, CNBC, Daring Fireball, Bloomberg, The Verge on YouTube, AppleInsider, Spyglass, iJustine on YouTube, MacRumors, 9to5Mac, iThinkDifferent, The Wall Street Journal on YouTube, Creative Strategies, Business Insider, The Overspill, MSPoweruser, 9to5Mac, Enterprise Times, Wccftech, TechEBlog, MacRumors, Boing Boing, Constellation Research, MacDailyNews, Philip Elmer‑DeWitt, The Guardian, BGR, OSnews, Spyglass, AppleInsider, SlashGear, Macworld, UploadVR, Tom's Guide on YouTube, On my Om, PetaPixel, The Metaverse Insider, Club386, Washington Post, Digital Trends, iClarified, Techmeme Ride Home Podcast on YouTube, Dexerto, CNET, Cult of Mac, MacStories, Washington Post, 9to5Mac, Philip Elmer‑DeWitt, iMore, BGR, Variety, CNET on YouTube, The Verge on YouTube, ZDNet, and MacRumors
Threads: @karissabe, @anildash, and @alexheath
Mastodon: @dsilverman@mastodon.social, @ernie@writing.exchange, @jamesthomson@mastodon.social, @christianselig@mastodon …, and @lexfri@hachyderm.io
X: @ijustine, @tomwarren, @james_abev, @neilcybart, @anshelsag, @rsgnl, @azamsharp, @panzer, @diegobez, @elonmusk, @scobleizer, @lunayian, @tprstly, @snazzylabs, @futureio, @munster_gene, @caro_milanesi, @grady_booch, @pat_hedger, @buddingmonkey, @zollotech, @socialistmormon, @kyle_benjamintv, @ijustine, @bzamayo, @joannastern, @immasiddtweets, @bzamayo, @paultassi, @sherman4949, @christianselig, @trevorjd14, @emcro, @christianselig, @nicnguyen, @svegvari, @ana_thedataguru, @jetscott, @caro_milanesi, @andymanganelli, @andymanganelli, @joannastern, @lanceulanoff, @jetscott, @tomwarren, @stephenrobles, and @tomwarren
LinkedIn: Alex Kantrowitz, Mark Spoonauer, Todd Haselton, Rachel Hall, Christopher Pawlowski, Daniel Tunkelang, Paul Hillman, and Pip Turner
Forums: Hacker News, r/apple, r/hardware, r/apple, r/technology, r/technology, r/VisionPro, and MacRumors Forums
| Chance Miller / 9to5Mac: |
More: Brian Tong on YouTube, 9to5Mac, Tom's Guide, and Digital Information World
Mastodon: @matthewcassinelli …. X: @waffyonyt, @gartenberg, @nexusben, @parkerortolani, @dylanmcd8, @gartenberg, @nexusben, @vnchocotaco, @stevesi, @benbajarin, @bzamayo, @parkerortolani, @gwanatu, @james_abev, and @lavavex
| Sam Kessler / CoinDesk: |
Block begins layoffs under a previously disclosed plan to cut staff by up to 10%, by imposing an “absolute cap” of a 12,000 headcount, which was 13,000 in Q3'23 — The company plans to drastically reduce its headcount throughout 2024 through a series of layoffs and reorganizing measures.| Nilay Patel / The Verge: |
Q&A with Sen. Brian Schatz on Congress' dysfunction in the tech space, regulating tech firms, the EU's DMA, AI, deepfakes, social media laws for kids, and more — Today, I'm talking with Senator Brian Schatz of Hawaii. He's been in the Senate for a little more than a decade now, and he's seen a lot in that time.
More: Bloomberg. Threads: @aaronrosspowell. Instagram: Senator Brian Schatz. X: @senbrianschatz and @ksandler1
| Bill Toulas / BleepingComputer: |
Ransomware negotiation firm Coveware: the number of ransomware victims paying ransom demands dropped to a record low of 29% in Q4 2023, down from 85% in Q1 2019 — The number of ransomware victims paying ransom demands has dropped to a record low of 29% in the final quarter of 2023, according to ransomware negotiation firm Coveware.
More: Coveware, PCMag, Digital Information World, and Axios
| Ashley Belanger / Ars Technica: |
The US indicts a Chicago man who allegedly led a SIM-swap gang; members stole millions and posed as other people in Apple, T-Mobile, AT&T, and Verizon stores — Scheme allegedly targeted Apple, AT&T, Verizon, and T-Mobile stores in 13 states. — The US may have uncovered the nation's largest … | Paige Smith / Bloomberg: |
Employee letter: PayPal plans to lay off around 2,500 employees, or about 9% of its workforce, and will cut back on open roles — - CEO Alex Chriss has vowed to improve operating leverage — Latest round of cuts will affect about 9% of the workforce — PayPal Holdings Inc. will reduce …
More: PayPal Newsroom, The Information, Business Insider, Reuters, Business Today, Silicon Valley Business …, SiliconANGLE, Payments Dive, Axios, Neowin, Engadget, CNBC, The Messenger, Watcher Guru, PYMNTS.com, and TechCrunch
Mastodon: @carnage4life@mas.to and @davidcelis@xoxo.zone
Forums: Blind and r/technology
| Arsheeya Bajwa / Reuters: |
AMD reports Q4 revenue down 10% YoY to $6.2B, net income up 3,076% to $667M, Data Center revenue up 38% to $2.3B, Q1 revenue forecast below est.; AMD drops 5%+ — Chipmaker Advanced Micro Devices (AMD.O) forecast first-quarter revenue below market estimates on Tuesday …
More: Tom's Hardware, AMD, SiliconANGLE, The Information, Investor's Business Daily, Thurrott, Cryptopolitan, CNBC, Barron's Online, TheStreet, Constellation Research, Benzinga, Wall Street Journal, and Bloomberg
Threads: @firstadopter. X: @iancutress, @anshelsag, @anshelsag, @iancutress, @iancutress, @ericjhonsa, and @thetranscript_
| Adrienne LaFrance / The Atlantic: |
Silicon Valley's powerful companies claim to embrace Enlightenment values, but instead are leading an antidemocratic, illiberal, and authoritarian technocracy — If you had to capture Silicon Valley's dominant ideology in a single anecdote, you might look first to Mark Zuckerberg …
More: Axios, Politico, and Bloomberg
X: @theatlantic, @moonalice, @dlberes, @julianwaller, @garymarcus, @collected_mind, @andersen, @deljohnsonvc, @yappelbaum, @jeffjarvis, @adriennelaf, @adriennelaf, @paulmarin90, @adriennelaf, and @jason_kint
Forums: Hacker News and r/technology
| Mark Gurman / Bloomberg: |
Source: Figure, which is building a humanoid robot, is in talks to raise as much as $500M in a round led by Microsoft and OpenAI at a $1.9B pre-money valuation — - Figure AI is building a humanoid robot to perform hard jobs — Microsoft weighs leading round that could raise $500 million
More: Analytics India Magazine. X: @andrewcurran_, @markgurman, @iankar_, and @ajs. Forums: r/singularity
| The Information: |
Sources: TikTok plans to open studios in several cities, including LA, where creators can livestream and sell products, a strategy that worked for Douyin — When TikTok creators start a livestream to chat about their new favorite hairbrush, dog toy or cleaning product, they're usually doing so from a setup in their own home.| Mike Isaac / New York Times: |
Analysis: tech layoffs in 2024, which Layoffs.fyi estimates have totaled 25,000 across ~100 companies so far, are more strategic than the mass layoffs in 2023 — Amazon, Google, Microsoft and other tech companies have been on a layoff spree this month, with the latest cuts differing from last year's mass reductions.| Financial Times: |
Bernstein estimates PDD spent ~$3B on marketing Temu in the US in 2023; the Chinese group says Temu has 70M US MAUs, up from an estimated 13M in January 2023 — High-spending marketing push by PDD Holdings-owned internet marketplace leads to doubts over growth strategy| Financial Times: |
Bain: as of September 2023, autonomous vehicles in China had driven a cumulative total of 70M kilometers, on par with the US, despite Beijing's safety concerns — Experts believe carmakers and tech companies are closing gap with US rivals despite Beijing's safety concernsSponsor Posts
Meta:
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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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