Techmeme
January 31, 2024, 4:20 AM

Top 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.
Todd Spangler / Variety:
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 …
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
Chance Miller / 9to5Mac:
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 …
Jordan Novet / CNBC:
Tom Warren / The Verge:
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.
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 …
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 …
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
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

Sponsor Posts

Airtable:
The central nervous system of your business  —  Used by 80% of Fortune 100 companies, Airtable combines AI with the scale of an infinitely flexible, no-code system.  With all your data in one place, it's like mission control for your company.
Intel:
5G's most deployed platform  —  Powering live networks with built-in Inference across Core and RAN.  That's the power of Intel Inside®
Zoho:
Why work stalls before it begins—and how the Action Panel helps users orient  —  On most workdays, execution is not the hardest part.  The difficulty appears earlier, when people are trying to process what requires …
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

The Social Radars:
Peter Reinhardt, CEO & co-founder, Charm Industrial; CEO & co-founder, Segment
Come be a fly on the wall as Y Combinator's Jessica Livingston and Carolynn Levy talk to some of the most successful founders in Silicon Valley about how they did it.
Subscribe to The Social Radars.
Uncapped with Jack Altman:
Garry Tan, Harj Taggar, and Jared Friedman from YC
Conversations with people I admire about things I'm genuinely interested in.
Subscribe to Uncapped with Jack Altman.
Acquired:
Formula 1
Learn the playbooks that built the world's greatest companies - and how you can apply them as a founder, operator, or investor.
Subscribe to Acquired.
Big Technology Podcast:
Dario's Choice and Anthropic's Future, Apple's AI Devices, Netflix Loses WBD
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Lenny's Podcast:
The design process is dead. Here's what's replacing it. | Jenny Wen (head of design at Claude)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Tools and Weapons with Brad Smith:
His Excellency Khaldoon Al Mubarak: Investing in an AI-Driven World
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 4:20 AM ET, January 31, 2024.

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

Nilay Patel / The Verge:
More: BloombergThreads: @aaronrosspowellInstagram: Senator Brian SchatzX: @senbrianschatz and @ksandler1

Earlier Picks

Juli Clover / MacRumors:
Sergiu Gatlan / BleepingComputer:
Tom Warren / The Verge:
Ashley Capoot / CNBC: