Techmeme
February 2, 2022, 9:25 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 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.
Jennifer Elias / CNBC:
Nathan Ingraham / Engadget:
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 …
Nathan Grayson / Washington Post:
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 …
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.
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.
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.
Nick Statt / Protocol:
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
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 …
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 …
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.
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.
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