| Tom Warren / The Verge: |
Microsoft reports overall gaming revenue of $3.6B in Q1, up 16% YoY, with hardware revenue up 166% YoY on continued demand for Xbox Series X and S consoles — Microsoft's overall cloud revenue has jumped by 31 percent — Microsoft posted the first quarter of its 2022 financial results today … | Steve Clarke / Microsoft: |
| Alphabet: |
| Jennifer Elias / CNBC: |
Alphabet reports traffic acquisition costs of $11.50B, vs. $11.16B expected, and YouTube had a record $7.2B in Q3 ad revenue, up from $5B in Q3 2020 — - Alphabet topped analysts expectations on the top and bottom lines. — The company's shares were little changed on the results.| Casey Newton / Platformer: |
Frances Haugen's documents have been useful to the press and groups opposing Facebook, but reporting should now expand to examine Haugen and her backers' goals — At the end of 2019, the group of Facebook employees charged with preventing harms on the network gathered to discuss the year ahead.| Kyle Orland / Ars Technica: |
Amid harassment fallout, Blizzard says it will pause plans for next year's BlizzCon event to focus on supporting its teams and game development — Feb. show nixxed in favor of “supporting our teams and progressing development...” — Following an online-only BlizzCon earlier this year … | Steve Dent / Engadget: |
Adobe announces Photoshop and Illustrator web apps to improve collaboration, make quick edits, and more — Adobe has announced that it's taken “a major step forward for collaboration” by bringing its Photoshop and Illustrator apps to the web. The idea is not to do let you do complex work from a web page … | Mitchell Clark / The Verge: |
| Jon Brodkin / Ars Technica: |
FCC orders China Telecom Americas to stop providing services in the US within 60 days, says the US unit is subject to Chinese government control and influence — China Telecom Americas ordered to stop providing service in US within 60 days. — The Federal Communications Commission today voted … | Sarah Perez / TechCrunch: |
In Senate hearing, TikTok dodges questions about its plans for biometric data collected from US users, after changing its terms of use to allow the practice — In its first-ever Congressional hearing, TikTok successfully dodged questions about what it plans to do with the biometric data … | Makena Kelly / The Verge: |
Biden names Jessica Rosenworcel to officially lead the FCC, nominates Gigi Sohn as third Democratic commissioner, but it's unclear if Senate will confirm soon — And progressive Gigi Sohn as a third Democratic commissioner — President Joe Biden named acting Federal Communications … | Dan Primack / Axios: |
Sequoia Capital is forming the Sequoia Fund, which will hold all its US and European investments, including stakes in public companies — Sequoia Capital, one of the world's oldest and most successful venture capital firms, is forming a single fund to hold all of its U.S. and European investments … | Kyle Wiggers / VentureBeat: |
AWS launches new EC2 instances powered by AI accelerators from Intel's Habana, claims 40% better price-performance to train ML models over latest GPU instances — Amazon Web Services (AWS), Amazon's cloud services division, today announced the general availability of Elastic Compute Cloud (EC2) DL1 instances.| Maggie Fitzgerald / CNBC: |
Robinhood Q3: revenue of $365M, up 35% YoY but missing estimates of $431.5M due to less crypto trading, net loss of $1.32B, up from $11M YoY; stock down 8%+ — Stock trading app Robinhood reported a huge revenue miss in the third quarter as cryptocurrency trading dropped off.| Washington Post: |
Facebook documents show its News Feed algorithm treated emoji reactions as 5x more valuable than Likes starting in 2017, amplifying controversial content — Five years ago, Facebook gave its users five new ways to react to a post in their news feed beyond the iconic “like” thumbs-up: “love,” “haha,” “wow,” “sad” and “angry.”| Alex Kantrowitz / Big Technology: |
| Tiernan Ray / ZDNet: |
| Manish Singh / TechCrunch: |
Bangalore-based neobank Zolve, which aims to help immigrants in the US access financial services, raises a $40M Series A at a $210M valuation — Zolve, a neobanking startup that aims to help immigrants in the U.S. gain access to financial services, said on Wednesday it has raised $40 million … | Ingrid Lunden / TechCrunch: |
UserGems, whose AI-based data mapping tech helps companies identify prospective customers for B2B sales, raises a $20M Series A led by Craft Ventures — Finding a way to connect with people who might buy from you, while spending less time pursuing those who will never be interested … | Ofir Dor / Globes Online: |
Israel-based Augury, which uses AI to monitor industrial machine health, raises a $180M Series E at a $1B+ valuation, bringing its total funding to $286M — With a valuation of over $1 billion, Augury becomes one of the first company's in the Industry 4.0 sector to achieve unicorn status.| Christine Hall / TechCrunch: |
Medable, a developer of clinical trial management software, raises a $304M Series D led by Blackstone Growth and Tiger Global at a $2.1B valuation — Medable, a patient-focused clinical research company offering a cloud option for adoption of digital and decentralized clinical trials …
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| Salvador Rodriguez / CNBC: |
| Cecilia Kang / New York Times: |
| Loren Grush / The Verge: |
| Ashley Carman / The Verge: |
| Issie Lapowsky / Protocol: |
| Siddharth Venkataramakrishnan / Financial Times: |
| Jacob Kastrenakes / The Verge: |