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February 3, 2021, 12:05 PM
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| 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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Vox, TechCrunch, Ars Technica, New York Times, Business Insider, OneZero , On my Om, Engadget, Redmond Pie, Cloud Computing News, Reuters, KnowTechie, Politico, Financial Times, cloudpro.co.uk, MediaNama, The Overspill, coinspeaker.com, Telecoms.com, ComputerWeekly.com, Silicon Canals, Wall Street Journal, Protocol, Associated Press, NPR, The Economic Times, CNBC, Mashable, The Loop, iTnews, The Information, Modern Consensus, Tech.co, Light Reading, Android Police, Good e-Reader, Decrypt, and Tamebay
Tweets: @missgallo, @voxdotcom, @firstadopter, @robertcaruso, @iradhikagupta, and @apollozac
| 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, Forbes, International Business Times, CNET, CNBC, WRAL TechWire, Fast Company, PYMNTS.com, Quartz, and Protocol. Tweets: @charliebilello
| CNBC: |
Profile of AWS' CEO and Amazon's next CEO, Andy Jassy, whose success has been built on attracting a variety of customers to AWS, ranging from the CIA to Apple — - Amazon said on Tuesday that Andy Jassy, who runs the cloud unit, will succeed Jeff Bezos as CEO of the parent company in the third quarter.
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Wall Street Journal, Axios, The Economic Times, South China Morning Post, Business Insider, Protocol, Forbes, coinspeaker.com, Fast Company, BGR India, and New York Post
Tweets: @alfredwkng, @nickmcquire, @nickmcquire, @nickmcquire, @nickmcquire, @nickmcquire, @nickmcquire, @nickmcquire, and @nickmcquire
| Todd Haselton / CNBC: |
Amazon says Jeff Bezos will step down as CEO and transition to the role of Executive Chair in Q3; AWS CEO Andy Jassy will become 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.
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NBC News, The Economic Times, Business Insider, CNBC, GeekWire, Bloomberg, ZDNet, Newser, Firstpost Tech, NBC News, Vox, The Verge, Fortune, Channel Futures, BGR India, Slate, and AdExchanger
Tweets: @sundarpichai, @satyanadella, @film_girl, @athertonkd, @reductress, @ceciliakang, @werner, @btaylor, @danprimack, @kantrowitz, @reckless, @golovashkina, @melissaryan, @benthompson, @gregmepstein, @fdestin, @brianmfloyd, @julieolivertx, @charliebilello, @reddogt3, @mpower_change, @thekarami, @backlon, @toddbarry, @bymikebaker, @paultassi, @k_trendacosta, @sdkstl, @yoda, @gaberivera, @greengart, @carnage4life, @caseynewton, @axelroark, @lexnfx, @sdkstl, @jaypeters, and @cnbcjou
| Bloomberg: |
Report: Apple plans $3.6B investment in Kia, with a deal on Feb. 17, and aims to start making cars in Georgia, US in 2024, with initial target of 100K cars/year — - Local media report says deal may be signed later this month — Hyundai last month confirmed then backed away from Apple talks
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gongA.com. More:
PCMag, 9to5Mac, Light Reading, KnowTechie, iDownloadBlog.com, Redmond Pie, MacRumors, MakeUseOf, MacDailyNews, Reuters, Mashable, TechRadar, BGR, iPhone in Canada Blog, MSPoweruser, Cult of Mac, Fortune, iPhone Hacks, Tom's Guide, iMore, Pocketnow, AppleInsider, SlashGear, and iMore
Tweets: @sam_l_shead, @carnage4life, @imkialikethecar, @mpelletiercio, @brianroemmele, and @twitandrewking
| Robert McMillan / Wall Street Journal: |
SolarWinds CEO says hackers had breached the company's Office 365 email system for at least nine months starting December 2019 — Investigators still don't know how the company was breached in attack that will cost millions — The newly appointed chief executive of SolarWinds Corp …
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Wired, Washington Post, Cybereason, and AppleInsider
| Reuters: |
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CyberScoop, BleepingComputer, The Hacker News, Forbes, SecurityWeek, infosecurity-magazine.com, CNET, SC Media, NBC News, SiliconANGLE, Slashdot, and The Hill
Tweets: @spytalker, @zachsdorfman, @hatr, @zachsdorfman, @k8em0, @nktpnd, @ericgeller, @bing_chris, and @kimzetter
| Sam Byford / The Verge: |
Sony says it shipped 4.5M PlayStation 5 units worldwide in 2020, and reports revenue of $8.4B in Q3, up 40% YoY, operating profit of $763.3M, up 50% — A similar figure to the PS4 launch — Sony shipped 4.5 million PlayStation 5 units worldwide in 2020, as revealed by information published alongside …
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Laptop Mag, Engadget, Reuters, CNET, Wall Street Journal, Thurrott, TechSpot, 9to5Toys, Financial Times, Dot Esports, Nikkei Asia, KnowTechie, PCMag, CNBC, Financial Times, VentureBeat, and TechPowerUp
Tweets: @tomwarren and @vikingsizegamer
| BuzzFeed News: |
Facebook says it will try to protect posts that criticized Myanmar's military and its coup and will remove content that praises or supports the coup — After failing to stem the hate speech and misinformation that fueled a genocide in Myanmar, Facebook now says it plans …
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The Verge, Wall Street Journal, and Reuters
| Bloomberg: |
Sources: Jack Ma's Ant Group has reached an agreement with Chinese regulators to turn Ant into a financial holding company, subject to bank capital requirements — - Ma's fintech giant will become a financial holding company — Ant is still exploring a potential IPO, but timeline unclear
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CoinDesk, PYMNTS.com, Financial Times, Tech in Asia, Cointelegraph, and Wall Street Journal
Tweets: @luluyilun and @glennluk
| Sara Fischer / Axios: |
TikTok will prompt users to seek credible information if they try to share videos flagged as misleading, and disincentivize creators from uploading such content — TikTok will begin asking users to seek credible information about a topic if they try to share a video that carries … | Paul Sawers / VentureBeat: |
Box says it has acquired Dutch cloud-based e-signature startup SignRequest for $55M and plans to launch Box Sign in summer 2021 — Cloud storage and collaboration giant Box has announced plans to acquire SignRequest, a cloud-based electronic signature (e-signature) startup based in the Netherlands, in a deal worth $55 million.| 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, CoinDesk, Bloomberg, New York Times, CBS News, The Verge, New York Times, CNN, CBS News, and Yahoo Finance
| Kris Holt / Engadget: |
Facebook rolls out Messenger for Oculus Quest, as well as App Lab, letting developers distribute apps outside the Oculus Store without needing to sideload — Facebook is continuing to stitch its services more closely together — it's now rolling out Messenger on Oculus.
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Oculus Blog, Messenger News, Road to VR, UploadVR, The Verge, TechCrunch, SlashGear, Ubergizmo, and MakeUseOf
Tweets: @oculus, @jeffbulljr, @diegomendes, @lucid00, @visigoth, @creationsdb, @vr_sam, @id_aa_carmack, and @jacobrossi
| Manish Singh / TechCrunch: |
India warns Twitter to comply with its order to block content related to a farmer protest and not “assume the role of a court and justify non-compliance” — India has issued a notice to Twitter, warning the American social firm to comply with New Delhi's order to block accounts …
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Wall Street Journal, CNN, The Economic Times, Variety, and NDTV.com
Tweets: @accessnow and @meghavishwanath
| Matthew Ball / MatthewBall.vc: |
Apple's iOS is inhibiting the growth of the future internet but regulators can remedy that by forcing Apple into competition in app distribution and payments — Chapter One: The Creation of Today's Internet and the Needs of Tomorrow's — One of the neat things about the internet is who created it, why, and how.
Tweets: @ballmatthew, @ballmatthew, @pierskicks, @zoescaman, @dsilverman, @ctothejones, @ballmatthew, @benedictevans, @akruglov, @ballmatthew, @ballmatthew, @ballmatthew, @ballmatthew, @ballmatthew, @ballmatthew, @ricardobsalinas, @ballmatthew, @ballmatthew, @timsweeneyepic, @micapital2, @lucas_shaw, and @valuations_
| Anne Steele / Wall Street Journal: |
Spotify reports Q4 results: 345M MAUs, up 27% YoY, as paying subscribers grew to 155M, up 24% YoY, topping expectations; revenue was up 17% YoY to €2.17B — But streaming giant offers conservative outlook for the current year as new sign-ups could ebb
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The Verge, Business Wire, Axios, Spotify, 9to5Mac, TechSpot, Engadget, Bloomberg, Variety, and Deadline
Tweets: @kerrymflynn and @dylanbyers
| Natalia Drozdiak / Bloomberg: |
Biden's administration signals it is open to a deal on taxing US tech companies globally, after EU-Trump clashes, as OECD plans an agreement by summer — Hey all, it's Natalia. Tech giants including Alphabet Inc., Apple Inc. and Facebook Inc. could soon be hit with higher taxes around …
Tweets: @glynmoody and @economics
| Jay Greene / Washington Post: |
As Alabama warehouse workers prepare to vote on unionization, Amazon is sending workers 5 texts/day and putting flyers in bathrooms urging them not to unionize — The stakes couldn't be higher for the e-commerce giant, which is fighting the biggest labor battle in its history on U.S. soil
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Bloomberg, Business Insider, Fortune, NPR, Axios, The Guardian, Vox, and Slate
| Darrell Etherington / TechCrunch: |
Wine recommendation and marketplace app Vivino raises $155M Series D led by Sweden's Kinnevik, bringing its total raised to $221M, and says it now has 50M users — If you're at all interested in wine, chances are you've turned to Vivino at least a few times for recommendations.
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Bloomberg
| Jill Lepore / New Yorker: |
Nations are engaging in a cyberweapons arms race, with agencies like the NSA prioritizing offensive capabilities over defense, fueling a lucrative 0-day market — Amid a global gold rush for digital weapons, the infrastructure of our daily lives has never been more vulnerable.
Tweets: @hatr, @nicoleperlroth, @newyorker, @hoanssolo, @scottshanenyt, and @hatr
| Reuters: |
Microsoft says it supports Australia's proposed new laws forcing Google and Facebook to pay for news content and it would be “willing to live by these rules” — (Reuters) - Microsoft Corp said on Wednesday it fully supported proposed new laws in Australia that would force internet giants Google … | Katie Roof / Bloomberg: |
Brightwheel, which builds tools for preschools, like an app to communicate with parents, raises $55M led by Addition at a $600M valuation — - ‘Shark Tank’ alum helps kids safely return to preschool — $55 million startup investment led by Lee Fixel's Addition
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PRWeb
| Kyle Wiggers / VentureBeat: |
Rescale, which offers “infrastructure-as-a-service” tools for scientific and engineering simulations, raises $50M Series C, bringing total raised to $100M+ — Rescale, a San Francisco, California-based startup developing a software platform and hardware infrastructure for scientific … | Samantha Cole / VICE: |
Pornhub announces new measures to address abuse on its platform: expanding human moderation, a transparency report, and verifying uploaders via “biometric” tech — Following bans from payment processors and mass deletion of most of its content, Pornhub announced new details on its improved trust and safety polices.| Anthony Ha / TechCrunch: |
Online grocery delivery service Good Eggs raises $100M led by Glade Brook Capital Partners — Grocery delivery startup Good Eggs is announcing that it has raised $100 million in new funding, and that it's planning to launch in Southern California in either the summer or fall of this year.
More:
Bloomberg, San Francisco Business Journal, and GlobeNewswire
Tweets: @autumncapital, @mattrosoff, and @foodtechconnect
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