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February 1, 2023, 5:45 PM
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| 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 15%+ — Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter and full year ended December 31, 2022.
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Financial Times, CNBC, Reuters, Android Central, and Forbes
Tweets: @matthewstoller, @lexnfx, @naominixwrites, @lexnfx, @_seandavid, @lexnfx, @mikeisaac, @shiraovide, @mattrosoff, and @mylesudland
| 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.
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CoinDesk, Blockworks, The Block, VentureBeat, and The Block
| Mike Isaac / New York Times: |
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CNN, TechCrunch, CNET, Deadline, Variety, and The Hollywood Reporter
Tweets: @carnage4life, @traceyryniec, @vettechtrader, @mikeisaac, and @mikeisaac
| Jordan Novet / CNBC: |
| 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.
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9to5Google, USA Today, Insider, 9to5Mac, Forbes, CNET, MacRumors, The Guardian, PCMag, XDA Developers, Android Police, TheStreet, Android Central, Laptop Mag, ZDNet, CrackBerry, Gizmodo, 9to5Google, TechEBlog, Gizchina, Engadget, Digit, TalkAndroid.com, Samsung Newsroom, TechCrunch, KnowTechie, Wired, MobileSyrup, IGN, T3, Bloomberg, Axios, CNBC, Pocket-lint, BGR, PetaPixel, Sammy Fans, and SlashGear
Tweets: @techledes, @backlon, @eliblumenthal, @rdrv3, @markgurman, @richontech, and @tomgara
| 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
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9to5Google, The Verge, AppleInsider, CNET, Android Authority, ZDNet, Neowin, Engadget, MobileSyrup, SlashGear, SamMobile, Tom's Guide, Chrome Unboxed, and Wccftech
Tweets: @smarket, @oablanchard, @thepandaily, @chrisvelazco, and @mishaalrahman
| 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 …
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Samsung on YouTube, Samsung on YouTube, Samsung Newsroom, 9to5Google, XDA Developers, VentureBeat, PCMag, Android Authority, SiliconANGLE, Thurrott, CNET, CNN, Android Police, PhoneArena, AppleInsider, Laptop Mag, ZDNet, Gizmodo, Redmond Pie, Neowin, Sammy Fans, TechPP, SamNews 24, Android Central, Gizchina, MobileSyrup, Wccftech, GreenBot, Candid.Technology, Pocket-lint, Mashable, MakeUseOf, and KnowTechie
| Cherlynn Low / Engadget: |
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Samsung Newsroom, PCWorld, The Verge, ZDNet, XDA Developers, The Verge, AppleInsider, TechSpot, HotHardware, Windows Central, CNET, Forbes, PCMag, The Register, CNET, Tom's Hardware, IGN, Neowin, Laptop Mag, Android Authority, KnowTechie, Tom's Guide, SamNews 24, Digit, TechCrunch, Patently Apple, Sammy Fans, The Shortcut, Ubergizmo, MobileSyrup, SamMobile, Wccftech, and Pocket-lint
| 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 …
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OpenAI, Tom's Guide, ZDNet, PCWorld, CNN, BBC, Engadget, New York Times, Search Engine Land, The Verge, Neowin, Top Startups 2023, Social Media Today, Forbes, Digital Trends, MakeUseOf, Search Engine Journal, Reuters, and Fast Company
Tweets: @openai and @arvidkahl
| 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 …
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Windows Central, SlashGear, Tech Monitor, iPhone in Canada Blog, The Verge, and Neowin
Tweets: @ashleevance, @carlquintanilla, and @reedalbergotti
| David Satin / The Streamable: |
Netflix details its password sharing rules; the company won't block “trusted devices” that connect to the “primary location” Wi-Fi at least once every 31 days — After months of warning subscribers that anti-password sharing measures were coming to Netflix, the company appears to be finally set to unleash them.
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Netflix Help Center, gHacks Technology News, TechCrunch, ZDNet, The Verge, Gizmodo, TechSpot, 9to5Mac, Decoding Everything, Techaeris, MacDailyNews, GSMArena.com, Fast Company, MobileSyrup, IGN, GameSpot, GamesRadar, Shortlist, Nokiamob, T3, Pocket-lint, Daily Mail, Game Rant, and BGR
Tweets: @kendallbaker, @bugsmaytrix, @discussingfilm, @ericafails, @carnage4life, @carnage4life, and @mattxiv
| Todd Spangler / Variety: |
| 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 …
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Washington Post, Wall Street Journal, New York Times, SiliconANGLE, Metaverse Post, CNN, Barron's Online, CNBC, CNET, Politico, Tech Xplore, Engadget, Cointelegraph, The Block, and American Economic …
Tweets: @value_invest12, @sarahmillerdc, @sarthakgh, @matthewstoller, @leah_nylen, @wesbury, @joshua_sisco, @stevekovach, and @destinlegarie
| 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.
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Federal Trade Commission, CNET, The Record, CyberScoop, CBS News, GoodRx, InfoRiskToday.com, Tech Xplore, CNBC, The Hill, TechCrunch, Axios, Law360, Digital Health Business …, and Gizmodo
Tweets: @ftc, @ftc, @brockewturner, and @evacide
| 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 …
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AMD on YouTube, Ars Technica, PCWorld, The Verge, Neowin, Dexerto, Digital Trends, PC Gamer, Club386, and Phoronix
| Ian King / Bloomberg: |
Intel cuts employee compensation to preserve cash for a turnaround plan, including 25% for CEO Pat Gelsinger, 15% for leadership, and 5% for mid-level managers — Intel Corp., struggling with a rapid drop in revenue and earnings, is cutting management pay across the company to cope …
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SemiAnalysis, Oregonian, Reuters, PCWorld, Observer, Gizmodo, Insider, Computerworld, Financial Times, TechPowerUp, CRN, WinBuzzer, and CNBC
Tweets: @dylan522p, @rogoway, @smtuffy, @bitsandchipseng, @samro, @metacriticcap, and @realmemes6
| Tom Warren / The Verge: |
Nvidia is working on an OTA update to fix a Discord bug that slows the memory clocks by up to 200MHz on some of its GPUs, including the RTX 3080 and RTX 3060 Ti — Discord is slowing down graphics card memory clocks on some Nvidia GPUs. A recent Discord update has introduced a bug that slows …
More:
nvidia.custhelp.com, Tom's Hardware, The Shortcut, PC Gamer, Club386, TechPowerUp, and TechRadar
Tweets: @tomwarren, @lvjycmwyl, @andrewgriesmann, and @fspls
| 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.
More:
9to5Mac, CoinDesk, BTC Times, The Block, and crypto.news
Mastodon: @atomicpoet@mastodon.social, @atomicpoet@mastodon.social, and @mmasnick@mastodon.social. Tweets: @snowden
| Ryan Browne / CNBC: |
The UK government shares its plans to regulate crypto, including measures to strengthen rules for lending, disclosures, financial intermediaries, and custodians — - The U.K. laid out plan to regulate the cryptocurrency industry. — The proposals include strengthening rules on crypto lending …
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GOV.UK, GOV.UK, Cointelegraph, SiliconANGLE, Bitcoin News, Cryptopolitan, Financial Times, NewsBTC, Finbold, Financial Times, PYMNTS.com, CoinJournal, and Engadget
| Ashley Gold / Axios: |
The Biden administration's NTIA report describes Apple and Google as “gatekeepers” of mobile app stores and suggests legislation to spur competition and choice — A new Biden administration report describes Apple and Google as “gatekeepers” of mobile app stores and suggests legislation …
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National Telecommunications and Information Administration, Reuters, Ars Technica, The Verge, CNET, Game Developer, TechCrunch, 9to5Mac, Associated Press, Wall Street Journal, Android Central, Bloomberg, Mobilegamer.biz, iMore, AppleInsider, Chamber of Progress, The Hill, MacDailyNews, and Computerworld
Tweets: @adamkovac, @adamkovac, @commercegov, and @ntiagov
| Lauren Forristal / TechCrunch: |
Apple launches MLS Season Pass in 100+ territories, giving soccer fans access to all MLS matches, playoffs, Leagues Cup, and more for $14.99/month or $99/year — Today, Apple launched MLS Season Pass in over 100 territories, giving soccer fans access to all MLS matches, Audi 2023 MLS Cup Playoffs …
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Apple, Appleosophy, The Mac Observer, The Blazing Musket, mlssoccer, iPhone in Canada Blog, Thurrott, KnowTechie, Big D Soccer, MacRumors, Forbes, Deadline, Patently Apple, Tom's Guide, The Streamable, AppleInsider, Digital Trends, MacDailyNews, The Hollywood Reporter, and The Sun
Tweets: @houstondynamo and @chicagofire
Sastrify:
SaaS Prices Are Going Up. Here's Why (And What You Can Do about It) — From inflation issues to rock-bottom retention rates: get the latest industry updates and see how high-growth teams are preparing for 2023.
SaaS Prices Are Going Up. Here's Why (And What You Can Do about It) — From inflation issues to rock-bottom retention rates: get the latest industry updates and see how high-growth teams are preparing for 2023.Sponsor Post
| 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.| Ben Lang / Road to VR: |
Meta's Ready at Dawn studio plans to close Echo VR, one of the best-rated and most popular free Quest games, after Meta layoffs, to focus on “our next project” — As a parting gift, players can claim lots of premium cosmetic items for free — The Entire VR Industry in One Little Email| Manish Singh / TechCrunch: |
Pakistan “degrades” Wikipedia in the country for 48 hours for not removing “sacrilegious contents” and warns of a full block if the nonprofit fails to comply — Pakistan has “degraded” Wikipedia in the country for 48 hours for not removing “sacrilegious contents” …
More:
Appuals.com and DAWN.COM
Tweets: @ptaofficialpk, @ptaofficialpk, @amberrshamsi, and @usamakhilji
Sponsor Posts
Intel:
Managing a Complex Multi-Cloud Environment Requires a Reliable Ecosystem — To avoid vendor lock-in and effectively manage your mission critical workload needs, you need a reliable ecosystem and architecture
Managing a Complex Multi-Cloud Environment Requires a Reliable Ecosystem — To avoid vendor lock-in and effectively manage your mission critical workload needs, you need a reliable ecosystem and architecture
Brightspot:
Is your CMS solving your content problems, or creating new ones? — In a commissioned study written and conducted by Forrester, we revealed that 72% plan to change their CMS platform, is your organization one of them?
Is your CMS solving your content problems, or creating new ones? — In a commissioned study written and conducted by Forrester, we revealed that 72% plan to change their CMS platform, is your organization one of them?
Sastrify:
SaaS Prices Are Going Up. Here's Why (And What You Can Do about It) — From inflation issues to rock-bottom retention rates: get the latest industry updates and see how high-growth teams are preparing for 2023.
SaaS Prices Are Going Up. Here's Why (And What You Can Do about It) — From inflation issues to rock-bottom retention rates: get the latest industry updates and see how high-growth teams are preparing for 2023.
Zoho:
How Zoho Sign makes paperwork easy for enterprises — With today's rapidly advancing technology, everything from how we communicate to how we pay our bills can be carried out digitally.
How Zoho Sign makes paperwork easy for enterprises — With today's rapidly advancing technology, everything from how we communicate to how we pay our bills can be carried out digitally.
Vesto:
The treasury management platform built for startups — Put your idle cash to work, earn higher yields, and extend your runway with Vesto.
The treasury management platform built for startups — Put your idle cash to work, earn higher yields, and extend your runway with Vesto.Who's Hiring In Tech?
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Jordan Novet / CNBC:
Meta increases its share repurchase authorization by $40B and says it bought back $27.93B in stock in 2022Find
40 minutes ago
Mike Isaac / New York Times:
Meta takes a $4.2B restructuring charge in Q4, which includes costs for early office space termination, data center redesign, and severance for laid-off staffFind
47 minutes ago
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 lossFind
60 minutes ago
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 6Find
1½ hours ago
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 15%+Find
1½ hours ago
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 2022Find
2 hours ago
Stephen Shankland / CNET:
Samsung says the Galaxy S23, S23 Plus, and S23 Ultra will ask users to install Adobe Lightroom when handling DNGs and make the app the default raw photo editorFind
2½ hours ago
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