Techmeme
February 3, 2022, 4:09 AM

Top News

Lauren Feiner / CNBC:
Meta beats with Q4 revenue of $33.67B vs. $33.4B est., up 20% YoY, 2.91B MAUs, up 4% YoY, but misses with EPS of $3.67 vs. $3.84 est.; stock down 20%+  —  - Facebook earnings came in below expectations for the fourth quarter, and the company said numerous challenges are ahead in the first quarter.
Meta:
Meta breaks out Facebook, Instagram, Messenger, and WhatsApp as Family of Apps, with Q4 revenue of $32.8B, up 20% YoY, and will adopt the META ticker in H1 2022  —  Meta Platforms, Inc. (Nasdaq: FB) today reported financial results for the quarter and full year ended December 31, 2021.
Washington Post:
Meta reports its first-ever sequential decline in global Facebook daily active users, falling from 1.930B to 1.929B QoQ  —  Facebook parent Meta's stock nosedives in after-hour trading as the company refocuses on the metaverse.  —  Facebook parent Meta's quarterly earnings report …
Janko Roettgers / Protocol:
Meta breaks out its AR/VR-focused Reality Labs unit, reporting 2021 revenue of $2.3B, up from $1.1B in 2020, and losses of $10.2B in 2021, up from $6.6B in 2020  —  Meta's AR and VR ambitions come with a significant price tag: Meta's Reality Labs unit lost $10.2 billion last year …
BBC:
J. Clara Chan / The Hollywood Reporter:
Spotify reports Q4 revenue of €2.69B, up 24% YoY, 406M MAUs, up 18% YoY, and ad-supported revenue of €394M, up 40% YoY and a record 15% of total revenue  —  The audio giant reported earnings as a growing list of musicians and podcasters leave the platform over its handling of misinformation on Joe Rogan's podcast.
Los Angeles Times:
Sources: in a Spotify staff meeting, CEO Daniel Ek said the company sees itself as a platform for, not a publisher of, Joe Rogan's podcast  —  Spotify CEO Daniel Ek told employees Wednesday morning that the streaming service doesn't closely supervise controversial podcast host Joe Rogan …
Catalin Cimpanu / The Record:
Blockchain bridge Wormhole confirms a hacker stole $322M worth of ether, and has moved its site into maintenance mode  —  A threat actor has abused a vulnerability in the Wormhole cryptocurrency platform to steal an estimated $322 million worth of Ether currency.
Arif Bacchus / OnMSFT.com:
Report: Microsoft scrapped plans for a HoloLens 3 in 2021, shifting instead to a mixed reality device with Samsung and leaving the HoloLens team “inflamed”  —  Microsoft turned heads when it first introduced HoloLens, and it even launched a second generation of the mixed reality headset …
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.
Sneha Shah / The Economic Times:
Headout, an online travel experiences marketplace, adds a $30M extension led by Glade Brook Capital to its $12M Series B from September 2021  —  Mumbai: Mumbai: Headout, an online experiences marketplace for travellers, has raised $30 million (Rs 224.3 crore) in its extended series B financing round led by Glade Brook Capital.
More: TechCrunch
Catalin Cimpanu / The Record:
GitHub, which owns the npm JavaScript package manager, enrolls the maintainers of npm's 100 most popular libraries into mandatory two-factor authentication  —  The administrators of the Node Package Manager (npm), the largest package repository of the JavaScript ecosystem …
James Vincent / The Verge:
DeepMind details AlphaCode, a new AI coding engine that it says “writes computer programs at a competitive level”  —  AlphaCode is good, but not great — not yet  —  DeepMind has created an AI system named AlphaCode that it says “writes computer programs at a competitive level.”

Sponsor Posts

Tribe AI:
Is AI just hype?  —  Find out how top enterprises use Tribe to get real business results.
Techmeme Leaderboards:
Discover the top reporters on AI, VR, policy, and much more  —  We've analyzed Techmeme's news crawl to identify the most influential and prolific writers on 48 news topics.  Download reports immediately for just $100.
Zoho:
All new Zoho Workerly 2024  —  Staffing businesses around the world face a unique set of challenges when it comes to managing their temporary workforce.  With a constantly shifting job market and changing staffing needs …
Comprehensive.io:
Browse salary data from 3,000 startups for free  —  Click for FREE, immediate access to real-time compensation benchmarking data.  Paid version helps HR automate comp reviews and communicate total compensation to employees.
The Kevin Rose Show:
Henry Shukman, Lessons from an Authentic Zen Master
Gain unconventional wisdom and insights through conversations with top expert in AI, investing, wellness, technology, and culture.
Techmeme Ride Home:
Thu. 03/28 - Claude 3 Opus Surpasses GPT-4 For The First Time
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 4:09 AM ET, February 3, 2022.

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

Kif Leswing / CNBC:
Andy Greenberg / Wired:
Wall Street Journal:

Earlier Picks

Janko Roettgers / Protocol:
Stephanie Bodoni / Bloomberg:
Anna Edgerton / Bloomberg: