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January 31, 2024, 4:50 AM
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memeorandum
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| 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, Silicon Republic, 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: |
| 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, inews.co.uk, The Register, PhoneArena, Music Ally, CNBC, 9to5Mac, PR Newswire, CityAM, Social Media Today, Dexerto, Reuters, Financial Times, The Information, Music Technology Policy, The Messenger, TechCrunch, and The Hollywood Reporter
| 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, The Wall Street Journal on YouTube, Creative Strategies, MSPoweruser, The Overspill, Wccftech, The Guardian, Business Insider, Philip Elmer‑DeWitt, 9to5Mac, Enterprise Times, TechEBlog, MacRumors, MacDailyNews, Boing Boing, Constellation Research, BGR, OSnews, Spyglass, 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, Dexerto, CNET, Gizmodo, Cult of Mac, TechRadar, Forbes, Road to VR, MacStories, The Messenger, The Apple Post, ZDNet, Washington Post, 9to5Mac, Philip Elmer‑DeWitt, iMore, BGR, 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, Yahoo Finance, Associated Press, Neowin, SiliconANGLE, Digital Information World, 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, The Messenger, and Reuters
| Tom Warren / The Verge: |
More: Engadget, MSPoweruser, GeekWire, Thurrott, Pure Xbox, Game Rant, Windows Central, and Constellation Research
X: @tomwarren, @tomwarren, and @tomwarren
| 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
| 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.| Nilay Patel / The Verge: |
Q&A with Sen. Brian Schatz on Congress' dysfunction in the tech space, regulating tech firms, the EU's DMA, AI, deepfakes, social media laws for kids, and more — Today, I'm talking with Senator Brian Schatz of Hawaii. He's been in the Senate for a little more than a decade now, and he's seen a lot in that time.
More: Bloomberg. Threads: @aaronrosspowell. Instagram: Senator Brian Schatz. X: @senbrianschatz and @ksandler1
| 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 … | 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, Investor's Business Daily, Thurrott, Cryptopolitan, Barron's Online, TheStreet, Constellation Research, Benzinga, Wall Street Journal, and Bloomberg
Threads: @firstadopter. X: @iancutress, @anshelsag, @anshelsag, @iancutress, @iancutress, @ericjhonsa, and @thetranscript_
| 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, Reuters, Business Today, Silicon Valley Business …, Axios, SiliconANGLE, Payments Dive, Neowin, Engadget, CNBC, Watcher Guru, The Messenger, PYMNTS.com, and TechCrunch
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
| Mike Isaac / New York Times: |
Analysis: tech layoffs in 2024, which Layoffs.fyi estimates have totaled 25,000 across ~100 companies so far, are more strategic than the mass layoffs in 2023 — Amazon, Google, Microsoft and other tech companies have been on a layoff spree this month, with the latest cuts differing from last year's mass reductions.| 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 strategySponsor Posts
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