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February 2, 2022, 11:45 AM

Top News

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 5%+  —  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.
Jennifer Elias / CNBC:
Nathan Ingraham / Engadget:
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 …
Nathan Grayson / Washington Post:
Jon Porter / The Verge:
Elon Musk announces $500/month Starlink Premium, claiming 150Mbps-500Mbps download speeds, up from 50Mbps-250Mbps, and doubling upload speeds to 20Mbps-40Mbps  —  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.
Stephanie Bodoni / Bloomberg:
Belgium's data watchdog fines IAB Europe €250K after finding its ad-targeting tool violates GDPR, and orders a “series of remedies” within two months  —  IAB Europe, an association for online advertising companies, was fined 250,000 euros ($282,690) and handed an ultimatum …
Sam Byford / The Verge:
Sony reports Q3 gaming revenue fell 8% YoY to ~$7.09B, operating profit rose 12.1% YoY to ~$810M; Sony shipped 3.9M PS5 consoles, bringing the total to 17.3M  —  The PS4 had sold more at this point  —  Sony shipped just 3.9 million PlayStation 5 consoles in its all-important holiday quarter …
Sharon Pruitt-Young / NPR:
The FBI warns athletes attending the 2022 Winter Olympics and Paralympics in China to take burner phones and says the official MY2022 app poses a security risk  —  Athletes on their way to the 2022 Winter Olympics have a new item to add to their packing list: a burner phone.
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 …
Janko Roettgers / Protocol:
Startups have begun selling and renting out AR spaces tied to real-world addresses, raising questions about who should have the rights to a property's AR layer  —  It's the stuff of nightmares: The other day, I found my property occupied by a stranger, who was renting it out, Airbnb style.
Katie Roof / Bloomberg:
Product management software startup Productboard raises a $125M Series D led by Dragoneer and Tiger Global at a $1.7B valuation, up from $772M in April 2021  —  Productboard Inc., a product-management software business, has raised $125 million in financing giving it a $1.7 billion valuation.
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 …
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.
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.
Matt Grossman / Wall Street Journal:
SEC filing: JD.com CEO Richard Liu will give shares worth ~$2.34B to a charity; Liu is the latest Chinese executive to make a donation amid China's crackdown  —  CEO Richard Liu is the latest Chinese billionaire to make a sizable donation to charity during Beijing's regulatory crackdown on the country's tech sector
More: Reuters
Bloomberg:
Despite a brutal 12 months, less than 10% of investors in Cathie Wood's ARK funds have withdrawn their capital, suggesting many will stick with her long-term  —  By the time the mania surrounding ARK Investment Management peaked last year, investors had pumped a staggering $42 billion into its exchange-traded funds.
Saritha Rai / Bloomberg:
Chatbot developer Gupshup acquires cloud telephony startup Knowlarity, source says for around $100M; Gupshup works with Amazon, Meta, HSBC, and others  —  Chatbot developer Gupshup Inc. said it is acquiring cloud communications startup Knowlarity Communications Pvt. to bolster its voice messaging and video solutions capabilities.
More: Entrackr

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