| Apple: |
Apple reports Q1 revenue of $123.9B, up 11% YoY, net income of $34.6B, up from $28.8B YoY, Services sales of $19.5B, up from $15.8B YoY, iPhone sales of $71.6B — Revenue up 11 percent to new all-time record — iPhone, Mac, Wearables, and Services revenue reach new all-time highs| Kif Leswing / CNBC: |
Apple reports Q1 Mac revenue of $10.85B, up 25% YoY, iPad revenue of $7.25B, down 14% YoY, and other products revenue, including Watch, of $14.70B, up 13% YoY — - Apple reported its largest single quarter in terms of revenue ever, with sales growing over 11% despite supply challenges and the lingering effects of the pandemic.| Juli Clover / MacRumors: |
iOS 15.4 beta adds Face ID use with a mask for iPhone 12 and newer, without needing Apple Watch authentication, by recognizing “unique features around the eye” — The iOS 15.4 beta that was introduced today added a new feature designed to allow Face ID to be used with a mask and without an Apple Watch for authentication.| Juli Clover / MacRumors: |
iPadOS 15.4 and macOS Monterey 12.3 betas add the long-delayed Universal Control, which lets users control nearby Macs and iPads with a single mouse or keyboard — The iPadOS 15.4 and macOS Monterey 12.3 betas that Apple released today introduce support for Universal Control … | Anne Steele / Wall Street Journal: |
Spotify is removing Neil Young's music after he gave the company an ultimatum between his music and Joe Rogan's podcast with COVID-19 vaccine misinformation — Folk-rock star had over six million monthly listeners on the service, which he blames for spreading fake info about vaccines| Mark Gurman / Bloomberg: |
Sources: Apple is working to let businesses accept payments on their iPhones without extra hardware, thanks to tech from Mobeewave, which it acquired in 2020 — Apple Inc. is planning a new service that will let small businesses accept payments directly on their iPhones without any extra hardware … | Derrek Lee / Android Central: |
Meta rebrands Oculus Quest as Meta Quest, leading to criticism on social media; the rebrand was originally announced in October — “Meta Quest” is just so fetch. — What you need to know — Meta changes the social media accounts of its VR brand to Meta Quest.| CNBC: |
Sources: SoftBank COO Marcelo Claure is leaving as soon as today; reports said Claure wanted $2B in compensation and clashed with Son over his responsibilities — - SoftBank COO Marcelo Claure is leaving SoftBank today, sources say. — Claure took over running WeWork after founder Adam Neumann stepped down.| Richard Lawler / The Verge: |
Meta says Messenger's e2ee chats and calls are now available to all users, and adds screenshot notifications, media saving, GIFs, and more to encrypted chats — You can flick a switch and turn on privacy-protecting encryption without losing features — Messenger added end-to-end encrypted … | Will Douglas Heaven / MIT Technology Review: |
OpenAI says InstructGPT, its new GPT-3 version, is better at following instructions, producing less offensive language, less misinformation, and fewer mistakes — OpenAI has trained its flagship language model to follow instructions, making it spit out less unwanted text—but there's still a way to go.| Makena Kelly / The Verge: |
The US FCC approves “nutrition labels” forcing ISPs to show prices, speed, and more, plus network management practices like throttling, starting on November 15 — It's part of the Biden administration's plan to boost market competition — Understanding your broadband speeds … | Wall Street Journal: |
Source: Meta-backed Diem Association is selling its technology to California bank Silvergate Capital, which serves crypto companies, for ~$200M — Diem Association is selling its technology to crypto-focused bank Silvergate Capital for $200 million — Facebook's ambitious effort to bring cryptocurrency to the masses has failed.| David Yaffe-Bellany / New York Times: |
A growing number of US mayors are embracing crypto and blockchain tech, hoping to create revenue streams with NFTs or mining, attract tech talent, and more — This new political breed accepts paychecks in Bitcoin. The mayors also want to use buzzy new tech like NFTs to raise money for public projects.| Jeff Benson / Decrypt: |
CoinTracker, which helps crypto investors track their tax liabilities and report earnings, raises a $100M Series A at a $1.3B valuation led by Accel — With a fresh $1.3 billion valuation, CoinTracker has achieved unicorn status right before tax time. — In brief — CoinTracker is crypto tax software.| Aisha Majid / Press Gazette: |
Ipsos: Apple News was the most widely used UK news app in December 2021 with 13.2M users and 1.2B minutes spent; BBC News had 12.5M users and 2.2B minutes spent — The Apple News app narrowly beat BBC News to take the spot of most popular news app in the UK in December, according to data from Ipsos iris.| Reuters: |
The FCC revokes China Unicom's authorization to operate in the US, granted ~20 years ago, citing national security; Unicom can still offer data center services — The U.S. Federal Communications Commission (FCC) on Thursday voted to revoke the authorization for China Unicom's (0762.HK) U.S. unit to operate in the United States.| Maggie Fitzgerald / CNBC: |
Robinhood Q4: revenue of $363M, up 14% YoY, 2021 revenue of $1.82B, up 89% YoY, net loss of $423M, MAUs up 48% to 17.3M; stock down 10%+ on weak Q1 guidance — Stock-trading app Robinhood gave a bleak revenue forecast for the first quarter of 2022 on Thursday. — Shares of Robinhood tanked 9% in after hours trading.| Evgenia Pismennaya / Bloomberg: |
Sources: Putin plans to tax and regulate crypto mining, confining it to regions with electricity surpluses and rejecting the central bank's proposal for a ban — President Vladimir Putin backs a Russian government proposal to tax and regulate mining of cryptocurrencies … | Natasha Lomas / TechCrunch: |
The EU approves Meta's acquisition of Kustomer, announced in November 2020, after Meta pledged API access and access-parity for rival CRM software providers — The EU has cleared Meta/Facebook's acquisition of CRM maker, Kustomer — The Commission said Meta had guaranteed non … | Tim Keary / VentureBeat: |
Austin-based Portnox, which provides companies with a cloud-native Network Access Control service, raises a $22M Series A led by Elsewhere Partners — Today, Texas-based Portnox, a cloud-native Network Access Control (NAC) provider, closed a $22 million series A funding round.| Reuters: |
WeRock, which runs WeTransfer, pauses its Amsterdam IPO, slated for January 28 and seeking to raise between €629M and €716M, citing market volatility — The company that owns the WeTransfer file service is cancelling its initial public offering (IPO), Europe's first prominent tech flotation … | Ingrid Lunden / TechCrunch: |
France-based Sigfox, which raised $300M+ to build a global IoT communications network, files for bankruptcy, citing slow sales and an electronics shortage — We are continuing to see fallout from the Covid-19 pandemic and its impact on the tech industry, with one of the latest developments coming out from France.| Yogita Khatri / The Block: |
Fireblocks, which lets users store, transfer, and issue digital assets, raises a $550M Series E at an $8B valuation, after raising $310M in July 2021 — Quick Take — The Series E round brings Fireblocks' total funding to date to over $1 billion. — Fireblocks CEO Michael Shaulov … | Sam Shead / CNBC: |
Sam Altman ridicules the startup fundraising process, joking that OpenAI raised a $250M series A on the back of six rounds; OpenAI has only completed two rounds — - Sam Altman, OpenAI's co-founder and CEO, announced the series A funding round on Twitter late Wednesday without disclosing the valuation or the specific investors.| Sebastian Herrera / Wall Street Journal: |
The NLRB says Amazon workers in Staten Island have enough signatures for a vote; the union, which withdrew a petition in November, says it has 2,500+ signatures — National Labor Relations Board says nascent Amazon Labor Union has enough support from workers to hold election| Brenda Goh / Reuters: |
China's market regulator conditionally approves AMD's $35B all-stock acquisition of Xilinx, announced in October 2020 — China's market regulator said on Thursday it had conditionally approved Advanced Micro Devices Inc's (AMD.O) $35 billion all-stock deal for peer Xilinx (XLNX.O).
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