| 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.| Abner Li / 9to5Google: |
Alphabet's “Other Bets” had a Q3 operating loss of $1.29B, up from $1.1B YoY, on revenue of $182M primarily generated by Verily and Fiber, up from $178M YoY — Alphabet today announced Q3 2021 earnings with $65.11 billion in revenue. These numbers range from July to September … | 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 … | Casey Newton / Platformer: |
Ex-Facebook integrity member says articles on Haugen leaks are based on internal posts and comments, making it hard to assign credibility as names are redacted — A former integrity worker on Facebook's internal “posting culture” and why it's easy to misread the Haugen leaks| Casey Newton / Platformer: |
| 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 … | 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 … | 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 … | 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 10%+ — Stock trading app Robinhood reported a huge revenue miss in the third quarter as cryptocurrency trading dropped off.| Dan Strumpf / Wall Street Journal: |
Senate GOP report: Seagate violated US export rules by continuing to sell hard drives to Huawei after export restrictions were tightened in September 2020 — The data-storage product provider sold Chinese company hard-disk drives, according to report; Seagate says it complies with regulations| 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.| 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 … | 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 … | 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 … | Bloomberg: |
Informatica, which offers enterprise cloud data management tools, raises $841M in its IPO after pricing shares at the low end, valuing the company at $7.9B — Data-management software provider Informatica Inc. priced its initial public offering at the bottom of a marketed range, according to a person familiar with the matter.| The Economic Times: |
Snap says it has 100M MAUs in India and partners with Flipkart, Zomato, and others to boost e-commerce offerings — Bengaluru: Snap Inc., which houses Snapchat, has hit 100 million monthly users in India for the first time, the US-based company announced on Wednesday adding … | Ingrid Lunden / TechCrunch: |
London-based Attest, which offers no-code tools for research surveys across 110M participants, raises $60M, bringing total funding to $85M — Surveys have long been used by marketing teams and other business decision makers to learn how customers tick. But they can be costly to put together … | Wall Street Journal: |
Sources: FTC staff are investigating whether Frances Haugen's documents show Facebook violated a 2019 privacy settlement, which resulted in a $5B fine — Lawmakers want agency to determine if Facebook engaged in deceptive conduct; company says internal research is mischaracterized
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| Tiernan Ray / ZDNet: |
| Salvador Rodriguez / CNBC: |
| Cecilia Kang / New York Times: |
| Loren Grush / The Verge: |
| Alex Kantrowitz / Big Technology: |
| Jacob Kastrenakes / The Verge: |