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February 3, 2021, 1:35 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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Washington Post, Vox, InfoWorld, USA Today, New York Times, TechCrunch, Ars Technica, CNBC, Business Insider, OneZero , On my Om, Redmond Pie, Reuters, Cloud Computing News, Financial Times, cloudpro.co.uk, MediaNama, coinspeaker.com, Telecoms.com, ComputerWeekly.com, Engadget, Silicon Canals, Wall Street Journal, Protocol, The Overspill, Associated Press, Politico, KnowTechie, NPR, and The Economic Times
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, Android Headlines, CNET, WRAL TechWire, and PYMNTS.com
Tweets: @charliebilello, @ericfranchi, and @charliebilello
| CNBC: |
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Wall Street Journal, Axios, Washington Post, Protocol, South China Morning Post, Business Insider, Politico, Forbes, Fast Company, Fast Company, BGR India, and coinspeaker.com
Tweets: @alfredwkng, @repkenbuck, @nickmcquire, @nickmcquire, @nickmcquire, @nickmcquire, @nickmcquire, @nickmcquire, @nickmcquire, and @nickmcquire
| Brad Stone / Bloomberg: |
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The Verge, New York Times, The Irish Times, CNBC, The Economic Times, BBC, Data Driven Investor, and Axios
Tweets: @business, @dylanbyers, @histoftech, @josh_wingrove, and @retogregori
| Todd Haselton / CNBC: |
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Stratechery, The Guardian, Business Insider, NBC News, The Economic Times, CNBC, Vox, GeekWire, Bloomberg, ZDNet, Newser, Firstpost Tech, and NBC News
Tweets: @sundarpichai, @satyanadella, @film_girl, @athertonkd, @btaylor, @reductress, @ceciliakang, @werner, @reckless, @golovashkina, @melissaryan, @benthompson, @fdestin, @brianmfloyd, @julieolivertx, @charliebilello, @reddogt3, @danprimack, @mpower_change, @thekarami, @gregmepstein, @kantrowitz, @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
Source:
gongA.com. More:
PCMag, TechSpot, Light Reading, MacRumors, KnowTechie, iDownloadBlog.com, Redmond Pie, Reuters, MakeUseOf, Mashable, MacDailyNews, TechRadar, BGR, iPhone in Canada Blog, MSPoweruser, Cult of Mac, Fortune, Tom's Guide, iMore, iPhone Hacks, Pocketnow, AppleInsider, and SlashGear
Tweets: @carnage4life, @sam_l_shead, @imkialikethecar, @mpelletiercio, @brianroemmele, and @twitandrewking
| 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 …
More:
TikTok, CNN, The Verge, TechCrunch, KnowTechie, Silicon Republic, and CyberScoop
Tweets: @tiktokcomms and @sarafischer
| 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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Axios, Reuters, Trustwave, The Hill, CNET, CyberScoop, Wired, Washington Post, OnMSFT.com, Dark Reading, BleepingComputer, CRN, Cybereason, The Hacker News, Forbes, SecurityWeek, infosecurity-magazine.com, SC Media, NBC News, and AppleInsider
Tweets: @hatr and @zachsdorfman
| Chaim Gartenberg / The Verge: |
Google rolls out an update for Android TV with a refreshed UI that is similar to Google TV on Chromecast — A fresh look for Google's (other) smart TV software — Google is rolling out a new update for Android TV that gives its smart TV OS a fresh new look — one that's almost identical … | 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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Engadget, VentureBeat, Tom's Hardware, Laptop Mag, Reuters, CNET, TechSpot, Nikkei Asia, 9to5Toys, Wall Street Journal, Dot Esports, Thurrott, KnowTechie, PCMag, Financial Times, CNBC, 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 …
More:
Wall Street Journal and The Verge
| 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.| 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
More:
CoinDesk, PYMNTS.com, Cointelegraph, Wall Street Journal, Financial Times, and Tech in Asia
Tweets: @luluyilun and @glennluk
| 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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FinSMEs, StreetInsider.com, PYMNTS.com, and Bloomberg
| 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
More:
Financial Times, The Verge, Business Wire, Spotify, Axios, phonearena.com, TechSpot, 9to5Mac, Variety, Bloomberg, Deadline, and Engadget
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
| Paul Sawers / VentureBeat: |
Google and its partner SubCom say the Dunant subsea cable between US and France is now operational; the 4,000-mile cable can carry 250 terabits/second — Google's second fully privately owned subsea cable is now open for business. The announcement comes shortly after the company recorded …
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TechCrunch, Google Cloud Blog, ZDNet, and Slashdot
| 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:
San Francisco Business Journal, GlobeNewswire, and BloombergQuint
Tweets: @autumncapital, @mattrosoff, and @foodtechconnect
| 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 … | Bloomberg: |
Online payments service Payoneer, which counts Airbnb and Amazon as clients, agrees to go public via SPAC at a $3.3B valuation — - Payment firm used by Airbnb, Amazon to merge with FTAC Olympus — Company is profitable, expects $432 million in revenue in 2021
More:
Globes Online, Reuters, Business Insider, MarketWatch, PYMNTS.com, and Finextra
| 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.
More:
Washington Post, Bloomberg, CoinDesk, New York Times, CBS News, and The Verge
| 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
| 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, @ballmatthew, @benedictevans, @zoescaman, @akruglov, @ballmatthew, @ballmatthew, @ballmatthew, @ballmatthew, @ballmatthew, @ballmatthew, @ricardobsalinas, @pierskicks, @ballmatthew, @dsilverman, @ballmatthew, @timsweeneyepic, @ctothejones, @micapital2, @lucas_shaw, and @valuations_
| 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.
More:
Oculus Blog, Messenger News, Road to VR, KnowTechie, The Verge, and TechCrunch
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 …
More:
Wall Street Journal, Reuters, NDTV.com, Variety, and KnowTechie
Tweets: @accessnow and @meghavishwanath
| 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.| 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, The Guardian, Business Insider, Fortune, and NPR
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