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February 2, 2022, 9:35 AM
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| Alphabet - Investor Relations: |
Alphabet reports Q4 revenue rose 32% YoY to $75.3B and net income grew from $15.2B to $20.6B YoY; Cloud revenue rose from $3.8B to $5.5B YoY; stock rises 9%+ — MOUNTAIN VIEW, Calif. - February 1, 2022 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter and fiscal year ended December 31, 2021.
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Tweets: @somospostpc, @harrytlambert, @levie, @asymco, @shiraovide, @jaminball, @neilcybart, @gunjanjs, and @iancowie
| Jordan Novet / CNBC: |
Alphabet says its board has approved a 20-for-1 stock split, slated for July 1 with shareholder approval; Google last split its stock in 2014 — - Before the Alphabet rebrand in 2015, Google effectively split its stock with the introduction of a third class of shares.| Jennifer Elias / CNBC: |
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Tweets: @robzepeda, @jason_kint, @chrispavlovski, @jason_kint, @jason_kint, and @levynews
| Nathan Ingraham / Engadget: |
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Tweets: @hughlangley, @saschasegan, @androidcentral, @androidpolice, and @marketrebels
| Nathan Grayson / Washington Post: |
Sources: Bungie's leadership reassured employees there will be no layoffs or “major” restructuring under Sony, but some staffers expressed concern over the deal — Company's developers fear losing independence but express cautious optimism after acquisition
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Video Games Chronicle, GamingBolt, and Wccftech
| Ben Thompson / Stratechery: |
How the acquisitions of Zynga by Take-Two, Activision Blizzard by Microsoft, and Bungie by Sony reveal an industry evolution that extends far beyond gaming — Another week, another gaming acquisition. First Take-Two acquired Zynga, then Microsoft acquired Activision-Blizzard …
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TechRadar, The Verge, Rock, Paper, Shotgun, Protocol, and Windows Central
Tweets: @tsoh_investing and @dhmontgomery
| Kirsten Korosec / TechCrunch: |
Cruise raises $1.35B more from SoftBank Vision Fund and launches a waitlist for a driverless robotaxi service in San Francisco that will run from 11pm to 5am — Cruise is opening up its driverless robotaxi service to the public in San Francisco as the GM subsidiary creeps toward commercialization …
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| Stephanie Bodoni / Bloomberg: |
Belgium's data watchdog fines IAB Europe €250K after finding its ad-targeting tool violated GDPR and orders changes within two months — IAB Europe, an association for online advertising companies, was fined 250,000 euros ($282,690) and handed an ultimatum by Belgium's data watchdog …
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Irish Council … and Engadget
Tweets: @johnnyryan, @johnnyryan, @johnnyryan, @johnnyryan, @johnnyryan, @stollmeyereu, @johnnyryan, @ciananbrennan, @jamesrbuk, and @carnage4life
| Jon Porter / The Verge: |
Elon Musk announces Starlink Premium, a $500/month tier with claimed 150Mbps to 500Mbps download speeds, up from 50Mbps to 250Mbps on the standard tier — The new antenna carries an upfront cost of $2500 — SpaceX's satellite internet service Starlink is getting a pricey new high-performance tier called Starlink Premium.
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Android Authority, Insider, TechCrunch, KnowTechie, Mashable, Waivly, and MobileSyrup
| Mitchell Clark / The Verge: |
Google brings its One VPN service, which has been available to Android users since October 2020, to iOS for users on the 2TB $9.99/month plan or higher — The VPN service that's included with a Google One Premium subscription is finally available on iPhones after Google's promise in October 2020 that it would come to iOS.| Kif Leswing / CNBC: |
AMD Q4: revenue of $4.83B, up 49% YoY, Computing and Graphics revenue of $2.6B, up 32% YoY, Enterprise, Embedded and Semi-Custom revenue of $2.2B, up 75% YoY — - AMD reported fourth quarter earnings after the bell on Tuesday. — AMD said it expected $21.5 billion in sales in 2022, higher than analyst expectations.
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Advanced Micro Devices, Inc., Thurrott, Windows Central, CRN, VentureBeat, MarketWatch, Reuters, Investor's Business Daily, AnandTech, ZDNet, Reuters, San Francisco Business Journal, Bloomberg, Wccftech, and Barron's Online
Tweets: @patrickmoorhead, @stshank, @benbajarin, @sasamarinkovic, and @stevekovach
| Sam Byford / The Verge: |
Sony reports Q3 gaming revenue dropped by 8% YoY to ~$7.09B, operating profit rose 12.1% YoY to ~$810M; Sony shipped 3.9M PlayStation 5 consoles for 17.3M total — The PS4 had sold more at this point — Sony shipped just 3.9 million PlayStation 5 consoles in its all-important holiday quarter …
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Engadget, Thurrott, GamesIndustry.biz, Game Developer, Gameranx, VentureBeat, iPhone in Canada Blog, TechSpot, Kotaku, Bloomberg, Deadline, and Reuters
Tweets: @tomwarren and @vladsavov
| Dean Takahashi / VentureBeat: |
EA reports Q3 revenue of $1.79B, up from $1.67B YoY, net income of $66M, down from $211M YoY, and net bookings of $2.6B, down from $2.4B YoY — Electronic Arts met expected earnings today for the third fiscal quarter ended December 31, as the game publisher saw big engagement with its existing games.| Anna Edgerton / Bloomberg: |
Sources: Meta is quietly introducing its metaverse vision to conservative think tanks and nonprofits, seeking to blunt expected criticism in DC from lawmakers — Mark Zuckerberg has a problem money can't fix: convincing Capitol Hill that the metaverse — whatever that is — isn't evil.
Tweets: @mattnavarra
| Wall Street Journal: |
Amid tech stocks' poor performance, especially IPOs, some venture firms are cutting back investments and startup valuations, as they renegotiate funding deals — Venture firms foresee tougher funding environment ahead, with more muted debuts after pandemic glut
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PYMNTS.com, Silicon Valley Business …, and Investing 101 2.0
Tweets: @eliotwb, @eliotwb, @annmlipton, @djtgallagher, and @heathersomervil
| Aditya Kalra / Reuters: |
Sources: Indian officials have held tense and heated discussions with Meta, Google, Twitter, ShareChat, and Koo over proactively removing “fake news” — Indian officials have held heated discussions with Google, Twitter and Facebook for not proactively removing what they described …
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The Information Ecologist. Tweets: @apar1984, @apar1984, @nihamasih, @adityakalra, @seemay, @apar1984, and @yashjournals
| Cate Cadell / Washington Post: |
Investigation shows Chinese drone maker DJI, a leading US law enforcement supplier, obscured investment from four Chinese state-backed groups in recent years — The Chinese firm received funding from several state-backed investors, despite repeated claims that it hasn't taken money from Beijing| Tom Krisher / Associated Press: |
NHTSA: Tesla will issue an OTA update for 53,822 cars and SUVs to remove an FSD feature that let vehicles roll through stop signs without coming to a halt — DETROIT (AP) — Tesla is recalling nearly 54,000 cars and SUVs because their “Full Self-Driving” software lets them roll through stop signs without coming to a complete halt.
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Reuters, The Verge, TechRadar, Gizmodo, BGR India, New York Times, Electrek, govtech.com, MobileSyrup, SlashGear, Engadget, Input, The Register, and Newser
Tweets: @taylorogan, @elonmusk, @jraindc, @gtconway3d, @samjmintz, @ballaban, @awalkerinla, @aweiss, @mikeelgan, @oknox, @tomgara, @lizadixon, @davidzipper, @tweetermeyer, @errolbarnett, and @carnage4life
| Yogita Khatri / The Block: |
Crypto analytics service Dune Analytics raises a $69.420M Series B at a $1B valuation led by Coatue, bringing its total funding to $80M — Quick Take — Dune Analytics has hit a valuation of $1 billion with its Series B round. — Dune has big plans in place, including building … | Lauren Feiner / CNBC: |
PayPal reports Q4 revenue of $6.92B, up 13% YoY, net income of $801M, down from $1.57B YoY; stock down 15%+ on weak Q1 guidance — - PayPal reported mixed Q4 2021 earnings Tuesday and provided guidance for the next quarter that fell short of analyst estimates.
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Tweets: @thestalwart and @tommyr345
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