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January 31, 2024, 4:20 AM
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memeorandum
WeSmirchTop News
| Alphabet: |
Alphabet reports Q4 revenue up 13% YoY to $86B, net income up 52% to $20.7B, Google Cloud revenue up 26% to $9.2B, and headcount down 4%+; GOOG drops 5%+ — MOUNTAIN VIEW, Calif. - January 30, 2024 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter and fiscal year ended December 31, 2023.
More: The Verge, CNBC, Bloomberg, Constellation Research, Android Central, Yahoo Finance, Associated Press, Forbes, MBI Deep Dives, PYMNTS.com, Thurrott, and Search Engine Land
Threads: @crumbler. Bluesky: @epro.social. X: @traceyryniec, @munster_gene, @thetranscript_, @thetranscript_, @wanguws, @munster_gene, and @munster_gene
| Todd Spangler / Variety: |
More: Android Authority, TechCrunch, Fortune, Deadline, and 9to5Google
| Todd Spangler / Variety: |
Universal Music Group plans to cease licensing content to TikTok after their agreement expires on January 31, saying they failed to reach new licensing terms — UMG said that its agreement with TikTok is set to expire on Jan. 31. “The companies have not agreed to terms for a new agreement …
More: UMG, Bloomberg, The Guardian, The Register, PhoneArena, Music Ally, CNBC, 9to5Mac, PR Newswire, Social Media Today, Dexerto, The Messenger, Reuters, Financial Times, The Information, Music Technology Policy, TechCrunch, and The Hollywood Reporter
| John Seabrook / New Yorker: |
A profile of UMG CEO Lucian Grainge, who helped record labels rake in billions of dollars from streaming and now hopes to do the same with generative AI — Lucian Grainge, the chairman of UMG, has helped record labels rake in billions of dollars from streaming. Can he do the same with generative artificial intelligence?| Nilay Patel / The Verge: |
Apple Vision Pro review: marvelous display, great hand and eye tracking, and works seamlessly in the ecosystem, but pricey and video passthrough can be blurry — The Apple Vision Pro is the best consumer headset anyone's ever made — and that's the problem.
More: Wall Street Journal, Marques Brownlee on YouTube, CNET, Tom's Guide, CNBC, Washington Post, Daring Fireball, The Verge on YouTube, AppleInsider, iJustine on YouTube, MacRumors, 9to5Mac, iThinkDifferent, MSPoweruser, The Wall Street Journal on YouTube, Creative Strategies, The Overspill, Wccftech, Enterprise Times, TechEBlog, The Guardian, Business Insider, Philip Elmer‑DeWitt, 9to5Mac, BGR, MacRumors, MacDailyNews, Boing Boing, Constellation Research, Spyglass, OSnews, AppleInsider, SlashGear, Macworld, Tom's Guide on YouTube, UploadVR, On my Om, PetaPixel, The Metaverse Insider, Club386, Washington Post, Digital Trends, iClarified, Techmeme Ride Home Podcast on YouTube, CNET, Dexerto, Gizmodo, Cult of Mac, TechRadar, Forbes, Road to VR, MacStories, The Messenger, The Apple Post, ZDNet, Washington Post, 9to5Mac, Philip Elmer‑DeWitt, iMore, BGR, iPhone in Canada Blog, Variety, CNET on YouTube, The Verge on YouTube, ZDNet, and MacRumors
Threads: @karissabe, @anildash, and @alexheath
Mastodon: @dsilverman@mastodon.social, @ernie@writing.exchange, @jamesthomson@mastodon.social, @christianselig@mastodon …, and @lexfri@hachyderm.io
X: @ijustine, @tomwarren, @james_abev, @socialistmormon, @tprstly, @neilcybart, @buddingmonkey, @kyle_benjamintv, @zollotech, @anshelsag, @snazzylabs, @ijustine, @futureio, @rsgnl, @azamsharp, @caro_milanesi, @panzer, @diegobez, @bzamayo, @grady_booch, @joannastern, @munster_gene, @elonmusk, @immasiddtweets, @pat_hedger, @scobleizer, @lunayian, @bzamayo, @paultassi, @sherman4949, @christianselig, @trevorjd14, @emcro, @christianselig, @nicnguyen, @svegvari, @ana_thedataguru, @jetscott, @caro_milanesi, @andymanganelli, @andymanganelli, @joannastern, @lanceulanoff, @jetscott, @tomwarren, @stephenrobles, and @tomwarren
LinkedIn: Alex Kantrowitz, Mark Spoonauer, Todd Haselton, Rachel Hall, Christopher Pawlowski, Daniel Tunkelang, Paul Hillman, and Pip Turner
Forums: Hacker News, r/apple, r/hardware, r/apple, r/technology, r/technology, r/VisionPro, and MacRumors Forums
| Chance Miller / 9to5Mac: |
More: Brian Tong on YouTube, 9to5Mac, Tom's Guide, and Digital Information World
Mastodon: @matthewcassinelli …. X: @waffyonyt, @gartenberg, @nexusben, @parkerortolani, @dylanmcd8, @gartenberg, @nexusben, @vnchocotaco, @stevesi, @benbajarin, @bzamayo, @parkerortolani, @gwanatu, @james_abev, and @lavavex
| Microsoft: |
Microsoft reports Q2 revenue up 18% YoY to $62B, net income up 33% YoY to $21.9B, Office Commercial revenue up 15% YoY, and LinkedIn revenue up 9% YoY — REDMOND, Wash. — January 30, 2024 — Microsoft Corp. today announced the following results for the quarter ended December 31, 2023 …
More: Bloomberg, Digital Information World, Yahoo Finance, Associated Press, Neowin, SiliconANGLE, and Search Engine Land
Bluesky: @epro.social. X: @divestech, @jordannovet, @thetranscript_, @jordannovet, @munster_gene, @munster_gene, @jordannovet, and @munster_gene. LinkedIn: Jack Rowbotham
| Jordan Novet / CNBC: |
More: Axios, NBC Bay Area, KNSD-TV, GeekWire, The Information, Investor's Business Daily, Reuters, and The Messenger
| Tom Warren / The Verge: |
More: Engadget, MSPoweruser, GeekWire, Thurrott, Pure Xbox, Game Rant, Windows Central, and Constellation Research
X: @tomwarren, @tomwarren, and @tomwarren
| Sheila Chiang / CNBC: |
Samsung reports Q4 revenue down 3.8% YoY to ~$51B, vs. ~$52.1B est., operating profit down ~35% YoY to ~$2.1B, vs. ~$2.6B est., and rising 2024 memory demand — - Samsung on Wednesday reported a 34.57% drop in operating profit in the fourth quarter from a year ago, in line with its guidance issued earlier this month.| Sam Kessler / CoinDesk: |
Block begins layoffs under a previously disclosed plan to cut staff by up to 10%, by imposing an “absolute cap” of a 12,000 headcount, which was 13,000 in Q3'23 — The company plans to drastically reduce its headcount throughout 2024 through a series of layoffs and reorganizing measures.| Ashley Belanger / Ars Technica: |
The US indicts a Chicago man who allegedly led a SIM-swap gang; members stole millions and posed as other people in Apple, T-Mobile, AT&T, and Verizon stores — Scheme allegedly targeted Apple, AT&T, Verizon, and T-Mobile stores in 13 states. — The US may have uncovered the nation's largest … | Bill Toulas / BleepingComputer: |
Ransomware negotiation firm Coveware: the number of ransomware victims paying ransom demands dropped to a record low of 29% in Q4 2023, down from 85% in Q1 2019 — The number of ransomware victims paying ransom demands has dropped to a record low of 29% in the final quarter of 2023, according to ransomware negotiation firm Coveware.
More: Coveware, PCMag, Digital Information World, and Axios
| Paige Smith / Bloomberg: |
Employee letter: PayPal plans to lay off around 2,500 employees, or about 9% of its workforce, and will cut back on open roles — - CEO Alex Chriss has vowed to improve operating leverage — Latest round of cuts will affect about 9% of the workforce — PayPal Holdings Inc. will reduce …
More: PayPal Newsroom, The Information, Business Insider, Business Today, Reuters, Payments Dive, Silicon Valley Business …, Axios, SiliconANGLE, Neowin, Engadget, CNBC, Watcher Guru, The Messenger, PYMNTS.com, TechCrunch, and Finextra
Mastodon: @carnage4life@mas.to and @davidcelis@xoxo.zone
Forums: Blind and r/technology
| Mark Gurman / Bloomberg: |
Source: Figure, which is building a humanoid robot, is in talks to raise as much as $500M in a round led by Microsoft and OpenAI at a $1.9B pre-money valuation — - Figure AI is building a humanoid robot to perform hard jobs — Microsoft weighs leading round that could raise $500 million
More: Analytics India Magazine. X: @andrewcurran_, @markgurman, @iankar_, and @ajs. Forums: r/singularity
| Arsheeya Bajwa / Reuters: |
AMD reports Q4 revenue down 10% YoY to $6.2B, net income up 3,076% to $667M, Data Center revenue up 38% to $2.3B, Q1 revenue forecast below est.; AMD drops 5%+ — Chipmaker Advanced Micro Devices (AMD.O) forecast first-quarter revenue below market estimates on Tuesday …
More: Tom's Hardware, AMD, CNBC, SiliconANGLE, The Information, TheStreet, Constellation Research, Investor's Business Daily, Thurrott, Cryptopolitan, Barron's Online, Benzinga, Wall Street Journal, and Bloomberg
Threads: @firstadopter. X: @iancutress, @anshelsag, @anshelsag, @iancutress, @iancutress, @ericjhonsa, and @thetranscript_
| Todd Bishop / GeekWire: |
A Microsoft engineer tells WA's AG he found ways to exploit DALL-E 3 to make explicit images, reported the issue, and was then told to take down a public post — A Microsoft AI engineering leader says he discovered vulnerabilities in OpenAI's DALL-E 3 image generator in early December allowing users … | Financial Times: |
Bernstein estimates PDD spent ~$3B on marketing Temu in the US in 2023; the Chinese group says Temu has 70M US MAUs, up from an estimated 13M in January 2023 — High-spending marketing push by PDD Holdings-owned internet marketplace leads to doubts over growth strategy| Vitalik Buterin / Vitalik Buterin's website: |
A look at the four major categories of apps that could emerge at the intersection of crypto and AI, and the prospects and challenges of each category — Special thanks to the Worldcoin and Modulus Labs teams, Xinyuan Sun, Martin Koeppelmann and Illia Polosukhin for feedback and discussion.
More: CoinDesk, Cryptonews, Cryptopolitan, Cointelegraph, Decrypt, CryptoPotato, crypto.news, and Crypto Briefing
| Financial Times: |
Bain: as of September 2023, autonomous vehicles in China had driven a cumulative total of 70M kilometers, on par with the US, despite Beijing's safety concerns — Experts believe carmakers and tech companies are closing gap with US rivals despite Beijing's safety concerns| The Information: |
Sources: TikTok plans to open studios in several cities, including LA, where creators can livestream and sell products, a strategy that worked for Douyin — When TikTok creators start a livestream to chat about their new favorite hairbrush, dog toy or cleaning product, they're usually doing so from a setup in their own home.Sponsor Posts
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