| 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 … | 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 … | 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: |
| 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 … | 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| 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.| 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 … | Todd Spangler / Variety: |
Spotify reports Q3 revenue of $2.9B, up 27% YoY; MAUs rose 19% YoY to 381M as Premium users rose 19% YoY to 172M; ad sales rose 75% YoY to $374M — Spotify posted double-digit gains for overall monthly users and paid subscribers for the third quarter of 2021, in line with expectations … | 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 … | 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.| 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 … | Aisha Counts / Protocol: |
A look at SoftBank's $100M Opportunity Fund for diverse founders, which launched after George Floyd's murder and has invested ~$50M in 60 companies so far — In the days after the murder of George Floyd last May, executives at SoftBank were scrambling, along with leaders across the tech industry … | 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.| Christine Hall / TechCrunch: |
Truepill, which offers telehealth and prescription delivery services, raises a $142M Series D at a $1.6B valuation, bringing total funding to $256M — After developing a network of telehealth, diagnostics and pharmacies for consumers, digital health company Truepill is targeting healthcare incumbents … | David McCabe / New York Times: |
A look at efforts by countries, including the UK, EU, Japan, and China, and companies, such as Facebook and YouTube, to implement age verification checks — To protect children online, more companies and governments are forcing users to prove how old they are.| Dr. Ian Cutress / AnandTech: |
Interview with Mike Clark, AMD's Chief Architect of Zen, on the history Zen and Ryzen branding, x86 limitations, future design considerations, and more — AMD is calling this time of the year as its ‘5 years of Zen’ time, indicating that back in 2016, it was starting to give the press … | 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: |
Workplace productivity and project management service ClickUp raises a $400M Series C at a $4B post-money valuation led by a16z and Tiger Global — Companies like Slack and Asana stormed into the world of tech to steal a march on incumbents like Microsoft in providing a new wave of point solutions …
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| Christine Hall / TechCrunch: |
| Tiernan Ray / ZDNet: |
| Salvador Rodriguez / CNBC: |
| Dan Primack / Axios: |
| Alex Kantrowitz / Big Technology: |
| Jacob Kastrenakes / The Verge: |