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February 2, 2021, 5:00 PM
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| Todd Haselton / CNBC: |
Amazon says Jeff Bezos will transition to the role of Executive Chair in Q3, with AWS CEO Andy Jassy becoming the CEO of Amazon at that time — Amazon announced on Tuesday that AWS CEO Andy Jassy will replace Jeff Bezos as CEO during the third quarter of this year. Bezos will transition to executive chair of Amazon's board.
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Bloomberg, The Verge, The Next Web, CNET, ZDNet, The Economic Times, NBC News, CRN, CNBC, Sky News, BGR, iDownloadBlog.com, GamesIndustry.biz, and Slashdot
Tweets: @danprimack, @kantrowitz, @film_girl, @paultassi, @k_trendacosta, @yoda, @sundarpichai, @btaylor, @lexnfx, @sdkstl, @jaypeters, and @cnbcjou
| 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, CNN, SiliconANGLE, Protocol, MSPoweruser, Trusted Reviews, and WRAL TechWire
Tweets: @axelroark, @caseynewton, @greengart, and @carnage4life
| 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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TechCrunch, GeekWire, Engadget, AppleInsider, Axios, NPR, Ars Technica, Business Insider, Input, The Mac Observer, and Mashable
Tweets: @amazonnews, @apollozac, and @sdkstl
| Alphabet: |
Alphabet Q4: revenue of $56.90B, up 23% YoY, Google Cloud revenue of $3.83B, up from $2.6B, and YouTube ads revenue of $6.89B, up from $4.7B; stock jumps 5%+ — MOUNTAIN VIEW, Calif. - February 2, 2021 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter and fiscal year ended December 31, 2020.
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The Verge and Engadget
Tweets: @danielnewmanuv, @alex, @tyadkisson, @jordannovet, and @engadget
| Abner Li / 9to5Google: |
Alphabet's “Other Bets”, which includes Waymo, Verily, Fiber, and others, had a Q4 operating loss of $1.14B, a decrease from $2B YoY, on revenues of $196M — Alphabet today announced Q4 2020 earnings with $56.9 billion in revenue. These numbers range from October to December, and include the holiday season.| Federal Trade Commission: |
FTC says Amazon will pay $61.7M to settle charges that it withheld some customer tips from Flex drivers over 2.5 years; FTC will use the sum to pay the drivers — Settlement prohibits Amazon from misrepresenting driver earnings, pay or percent of tips paid to drivers, changing its handling of tips without drivers' consent
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Los Angeles Times, Washington Post, Vox, Agence France-Presse, Financial Times, NBC News, Engadget, Forbes, TechCrunch, New York Times, The Hill, Gizmodo, Business Insider, VICE, CNET, Bloomberg, Axios, Reuters, The Verge, and WRAL TechWire
Tweets: @ftc, @stephentyrone, @digiphile, @jmbooyah, @latimes, @suhaunah, @rkslaughterftc, @adamndsmith, @repkenbuck, @hypervisible, @sarahfkessler, @zachdcarter, and @kantrowitz
| Konrad Putzier / Wall Street Journal: |
Amazon unveils plans for part of its HQ2 in VA, including three 22-story office buildings and the Helix, a 350-foot building with spiraling outdoor walkways — Centerpiece of design is a 350-foot building dubbed the Helix, which features two spiraling outdoor walkways
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About Amazon, CNET, PCMag, SiliconANGLE, NBC4 Washington, Input, Associated Press, Axios, Business Insider, GeekWire, Engadget, USA Today, WRAL TechWire, CNBC, AppleInsider, Washington Post, Bloomberg, and Reuters
Tweets: @mcwm, @jaredlholt, @somebadideas, @sonnybunch, @ibogost, @jonostrower, @noonanjo, @jonostrower, @jake_bittle, @amazonnews, @timsteno, @fordm, @cjscalia, @owenthomas, @alexjamesfitz, and @ranimolla
| Dan Primack / Axios: |
Uber says it is buying alcohol delivery startup Drizly for $1.1B in cash and stock; Drizly co-founder and CEO Cory Rellas is expected to remain with Uber — Uber on Tuesday announced an agreement to buy Drizly, a Boston-based alcohol delivery startup, for $1.1 billion in cash and stock.
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CNBC, Uber, TechCrunch, Reuters, Crunchbase News, ZDNet, Gizmodo, Washington Post, SlashGear, PYMNTS.com, The Hill, CNN, Input, TechSpot, Fortune, Business Insider, The Economic Times, and Tech Xplore
Tweets: @cnni, @helena, @alex, @shaig, @mcwm, @rachelmercer, @hypervisible, and @alexrkonrad
| Cat Zakrzewski / Washington Post: |
In a report, NYU researchers call conservative claims of social media censorship “a form of disinformation” and warn against completely repealing Section 230 — A new report concludes that social networks aren't systematically biased against conservatives, directly contradicting Republican claims …
More:
NYU Stern Center …, Input, The Verge, and USA Today
Tweets: @jeffhorwitz, @digiphile, @mehdirhasan, @digiphile, @digiphile, @mmcauliff, @twittercomms, @stanfordcis, and @robpegoraro
| New York Times: |
Five current and former Robinhood employees describe CEO Vlad Tenev as someone who has moved quickly to new projects without fixing existing problems — Vlad Tenev has incited the fury of the trading app's fans amid a stock market frenzy. His lack of preparedness on nuts-and-bolts issues …
Tweets: @jessedamiani, @ekp, @kellen_browning, and @karaswisher
| Mike Butcher / TechCrunch: |
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Vox, VICE, Business Insider, International Business Times, Cointelegraph, The Economic Times, The Daily Hodl, TechNode, Pocketnow, and CNBC
Tweets: @elonmusk, @ericnewcomer, @jessicalessin, @andrewrsorkin, @a16z, @jessicalessin, @shaanvp, @immad, @nelliebowles, @zhaoyinfeng, @rafat, @lady_astor, @jyarow, @dwr, @moorehn, @cathyhackl, @jasonzada, @bobmurphyecon, @joinclubhouse, @alexeheath, and @jessicalessin. Thanks:@mikebutcher
| Zachary Warmbrodt / Politico: |
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Under the Hood, The Verge, CoinDesk, 9to5Mac, Cointelegraph, AppleInsider, Fintech Today, and Reuters
Tweets: @jamessurowiecki, @nextlamayor, @allstarcharts, and @alexrkonrad
| Reuters: |
Sources: Chinese hackers are thought to have hacked a payroll agency inside the US Dept. of Agriculture in 2020 by exploiting another bug in SolarWinds software — WASHINGTON (Reuters) - Suspected Chinese hackers exploited a flaw in software made by SolarWinds Corp to help break … | Mikey Campbell / AppleInsider: |
Kuo: Apple Car will use Hyundai's E-GMP battery electric vehicle platform; new models could be built in association with GM and European manufacturer PSA — Noted TF Securities analyst Ming-Chi Kuo weighed in on “Apple Car” on Monday, saying Apple will work in close cooperation with Hyundai … | Elizabeth Culliford / Reuters: |
Wikimedia begins work on implementing its first global code of conduct, which addresses harassment, the introduction of false or biased information, and more — (Reuters) - The foundation that operates Wikipedia will launch its first global code of conduct on Tuesday, seeking to address criticism …
More:
Wikimedia Foundation, The Verge, Engadget, and The Hill
Tweets: @krmaher, @wikimedia, @wikipedia, @carolinesinders, and @mmasnick
| Casey Newton / Platformer: |
The unedited nature and serendipity of conversations makes Clubhouse a compelling platform for productive discussions on otherwise fraught topics — Elon Musk disrupts podcasting. PLUS: Robinhood's big mistake — I. Andreessen Horowitz and the backdoor pilot — Hey, did you hear Elon Musk went on Clubhouse?
Tweets: @taylorlorenz, @nickstatt, @leimer, @marklittlenews, @trengriffin, @jaycodon, and @elissabeth
| Jesse Pound / CNBC: |
GameStop's shares closed at $90, 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%, and then extended those losses during market hours.
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Washington Post, Bloomberg, Business Insider, and Quartz
| Ian Hamilton / UploadVR: |
Oculus says six Oculus Quest titles have each cleared $10M in revenue and 60, or one third of all paid apps available on its store, have earned $1M+ — Six Oculus Quest titles cleared $10 million in revenue and one third of all the paid apps available on the store — more than 60 total — have earned more than $1 million.
More:
Oculus, Road to VR, UploadVR, UploadVR, Social Media Today, and VRFocus
Tweets: @beatsaber, @oculus, @epro, @mattconte, @piershr, and @c_pruett
| Ashley Carman / The Verge: |
Instagram now puts deleted content into a Recently Deleted folder for 30 days, where it can be restored by the user; deleted Stories disappear after 24 hours — Content can be brought back for up to 30 days — Instagram is making it easier to bring back deleted posts.
More:
Instagram, 9to5Mac, SlashGear, Engadget, phonearena.com, Neowin, Social Media Today, and Mashable. Tweets: @mattnavarra
| Mike Masnick / Techdirt: |
Any US legislation to ban anonymity online will be unconstitutional, will not work, and most importantly will put many marginalized/vulnerable people at risk — There's an idea that pops up every so often among people who are upset about misinformation online but don't actually understand …
Tweets: @kareshy_zen, @senatorshoshana, @kfogel, @jeffjarvis, @amac, @dispositive, and @mmasnick
| Mary Ann Azevedo / TechCrunch: |
Valon raises $50M Series A led by a16z to grow its mobile-first mortgage servicing tools, says in one year it committed to servicing its first $10B in mortgages — If you've ever applied for a mortgage, you know it's one of the most painful processes out there.
More:
FinLedger, FinSMEs, Bloomberg, and Andreessen Horowitz
| Zoe Schiffer / The Verge: |
Google to pay $2.5M to 5,500+ female engineers as well as female and Asian job applicants to settle pay and hiring discrimination allegations — The US Department of Labor alleges systemic pay and hiring discrimination — Google has agreed to pay $2.5 million to more than 5,500 employees …
More:
U.S. Department of Labor, Ars Technica, Input, Android Police, Android Central, CNN, and Android Headlines
Tweets: @barryrevzin, @usdol, @jeffbargmann, @zephyrteachout, @byjacobward, @ruby, @carnage4life, @quinnypig, and @lutherlowe
| Chris Velazco / Engadget: |
Apple releases the first iOS 14.5 beta, which lets users unlock their iPhones with Face ID while wearing a mask if they are also wearing an Apple Watch — The feature debuts in a new developer beta, available now — While the full release won't arrive for some time … Sponsor Posts
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