Techmeme
February 3, 2021, 6:05 AM

Top News

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.
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.
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
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.
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.
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.
Bloomberg:
Apple reportedly plans $3.6B investment in Kia, may sign a deal on Feb. 17, aims to start making cars in Georgia 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
Mikey Campbell / AppleInsider:
Kris Holt / Engadget:
Facebook rolls out Messenger for Oculus Quest users, as well as App Lab, letting devs 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.
Ian Hamilton / UploadVR:
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 …
Ron Amadeo / Ars Technica:
Huawei's new beta of its in-house OS, “HarmonyOS”, is essentially an Android fork, despite Huawei's claim that it is a “completely different” OS  —  No discernible difference between Huawei's “all-new” OS and Android.  —  Huawei is China's—and formerly the world's …
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.
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.
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

Sponsor Posts

Tribe AI:
Build AI that works  —  Tribe builds tech for top AI companies.  Get in touch to learn how our bench of 500+ engineers and researchers can accelerate your roadmap.
Kulkan Security:
Hire Kulkan as your penetration testing partner  —  Kulkan prioritizes deep-dive manual security reviews, dissecting your software and infrastructure to find issues that once remediated can truly reduce security risk.
Zoho:
Environmental impact of remote support: Reducing carbon footprints in IT  —  Information technology is essential for powering core business processes and facilitating communication.
Mastodon:
Donate to Mastodon  —  Mastodon gGmbH, the non-profit behind the open-source software powering the social web, relies entirely on support from users like you.  Donate directly with a credit card or through Patreon.
The Kevin Rose Show:
Magatte Wade, Unlocking Prosperity in Africa (#53)
Gain unconventional wisdom and insights through conversations with top expert in AI, investing, wellness, technology, and culture.
Techmeme Ride Home:
Thu. 04/18 - Game Emulators On iOS And The Atlas Robot Lives!
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 6:05 AM ET, February 3, 2021.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Jay Greene / Washington Post:

Earlier Picks

Elizabeth Culliford / Reuters:
Federal Trade Commission:
Cat Zakrzewski / Washington Post:
Casey Newton / Platformer:
Chris Velazco / Engadget: