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February 2, 2022, 9:35 AM
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| Alphabet - Investor Relations: |
Alphabet reports Q4 revenue rose 32% YoY to $75.3B and net income grew from $15.2B to $20.6B YoY; Cloud revenue rose from $3.8B to $5.5B YoY; stock rises 9%+ — MOUNTAIN VIEW, Calif. - February 1, 2022 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter and fiscal year ended December 31, 2021.
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Wall Street Journal, 9to5Google, The Verge, iTnews, CNBC, Reuters, Forest's Newsletter, Bloomberg, Music Ally, CNET, The Information, Bloomberg, City A.M., Investor's Business Daily, Yahoo Finance, Adweek, MarketWatch, MobileSyrup, Android Police, Bloomberg, The Guardian, Forbes, ZDNet, SiliconANGLE, New York Times, Thurrott, and Barron's Online
Tweets: @somospostpc, @harrytlambert, @levie, @asymco, @shiraovide, @jaminball, @neilcybart, @gunjanjs, and @iancowie
| Jordan Novet / CNBC: |
Alphabet says its board has approved a 20-for-1 stock split, slated for July 1 with shareholder approval; Google last split its stock in 2014 — - Before the Alphabet rebrand in 2015, Google effectively split its stock with the introduction of a third class of shares.| Jennifer Elias / CNBC: |
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The Economic Times, AdExchanger, Winvesta Crisps, PYMNTS.com, Silicon Republic, Variety, Protocol, Axios, Hollywood Reporter, and Deadline
Tweets: @robzepeda, @jason_kint, @chrispavlovski, @jason_kint, @jason_kint, and @levynews
| Nathan Ingraham / Engadget: |
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XDA Developers, Android Police, Ars Technica, Android Headlines, Droid Life, PhoneArena, and 9to5Google
Tweets: @hughlangley, @saschasegan, @androidcentral, @androidpolice, and @marketrebels
| Nathan Grayson / Washington Post: |
Sources: Bungie's leadership reassured employees there will be no layoffs or “major” restructuring under Sony, but some staffers expressed concern over the deal — Company's developers fear losing independence but express cautious optimism after acquisition
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Video Games Chronicle, GamingBolt, and Wccftech
| Ben Thompson / Stratechery: |
How the acquisitions of Zynga by Take-Two, Activision Blizzard by Microsoft, and Bungie by Sony reveal an industry evolution that extends far beyond gaming — Another week, another gaming acquisition. First Take-Two acquired Zynga, then Microsoft acquired Activision-Blizzard …
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TechRadar, The Verge, Rock, Paper, Shotgun, Protocol, and Windows Central
Tweets: @tsoh_investing and @dhmontgomery
| Kirsten Korosec / TechCrunch: |
Cruise raises $1.35B more from SoftBank Vision Fund and launches a waitlist for a driverless robotaxi service in San Francisco that will run from 11pm to 5am — Cruise is opening up its driverless robotaxi service to the public in San Francisco as the GM subsidiary creeps toward commercialization …
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Cruise, San Francisco Chronicle, The Verge, Financial Times, Internet of Things News, Digital Trends, The SF Minute, SFist, Detroit News, The Information, Engadget, SiliconANGLE, Fortune, PitchBook, The Robot Report, Bloomberg, and Reuters
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| Stephanie Bodoni / Bloomberg: |
Belgium's data watchdog fines IAB Europe €250K after finding its ad-targeting tool violated GDPR and orders changes within two months — IAB Europe, an association for online advertising companies, was fined 250,000 euros ($282,690) and handed an ultimatum by Belgium's data watchdog …
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Irish Council … and Engadget
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| Jon Porter / The Verge: |
Elon Musk announces Starlink Premium, a $500/month tier with claimed 150Mbps to 500Mbps download speeds, up from 50Mbps to 250Mbps on the standard tier — The new antenna carries an upfront cost of $2500 — SpaceX's satellite internet service Starlink is getting a pricey new high-performance tier called Starlink Premium.
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Android Authority, Insider, TechCrunch, KnowTechie, Mashable, Waivly, and MobileSyrup
| Mitchell Clark / The Verge: |
Google brings its One VPN service, which has been available to Android users since October 2020, to iOS for users on the 2TB $9.99/month plan or higher — The VPN service that's included with a Google One Premium subscription is finally available on iPhones after Google's promise in October 2020 that it would come to iOS.| Kif Leswing / CNBC: |
AMD Q4: revenue of $4.83B, up 49% YoY, Computing and Graphics revenue of $2.6B, up 32% YoY, Enterprise, Embedded and Semi-Custom revenue of $2.2B, up 75% YoY — - AMD reported fourth quarter earnings after the bell on Tuesday. — AMD said it expected $21.5 billion in sales in 2022, higher than analyst expectations.
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Advanced Micro Devices, Inc., Thurrott, Windows Central, CRN, VentureBeat, MarketWatch, Reuters, Investor's Business Daily, AnandTech, ZDNet, Reuters, San Francisco Business Journal, Bloomberg, Wccftech, and Barron's Online
Tweets: @patrickmoorhead, @stshank, @benbajarin, @sasamarinkovic, and @stevekovach
| Sam Byford / The Verge: |
Sony reports Q3 gaming revenue dropped by 8% YoY to ~$7.09B, operating profit rose 12.1% YoY to ~$810M; Sony shipped 3.9M PlayStation 5 consoles for 17.3M total — The PS4 had sold more at this point — Sony shipped just 3.9 million PlayStation 5 consoles in its all-important holiday quarter …
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Engadget, Thurrott, GamesIndustry.biz, Game Developer, Gameranx, VentureBeat, iPhone in Canada Blog, TechSpot, Kotaku, Bloomberg, Deadline, and Reuters
Tweets: @tomwarren and @vladsavov
| Dean Takahashi / VentureBeat: |
EA reports Q3 revenue of $1.79B, up from $1.67B YoY, net income of $66M, down from $211M YoY, and net bookings of $2.6B, down from $2.4B YoY — Electronic Arts met expected earnings today for the third fiscal quarter ended December 31, as the game publisher saw big engagement with its existing games.| Anna Edgerton / Bloomberg: |
Sources: Meta is quietly introducing its metaverse vision to conservative think tanks and nonprofits, seeking to blunt expected criticism in DC from lawmakers — Mark Zuckerberg has a problem money can't fix: convincing Capitol Hill that the metaverse — whatever that is — isn't evil.
Tweets: @mattnavarra
| Wall Street Journal: |
Amid tech stocks' poor performance, especially IPOs, some venture firms are cutting back investments and startup valuations, as they renegotiate funding deals — Venture firms foresee tougher funding environment ahead, with more muted debuts after pandemic glut
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PYMNTS.com, Silicon Valley Business …, and Investing 101 2.0
Tweets: @eliotwb, @eliotwb, @annmlipton, @djtgallagher, and @heathersomervil
| Aditya Kalra / Reuters: |
Sources: Indian officials have held tense and heated discussions with Meta, Google, Twitter, ShareChat, and Koo over proactively removing “fake news” — Indian officials have held heated discussions with Google, Twitter and Facebook for not proactively removing what they described …
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The Information Ecologist. Tweets: @apar1984, @apar1984, @nihamasih, @adityakalra, @seemay, @apar1984, and @yashjournals
| Cate Cadell / Washington Post: |
Investigation shows Chinese drone maker DJI, a leading US law enforcement supplier, obscured investment from four Chinese state-backed groups in recent years — The Chinese firm received funding from several state-backed investors, despite repeated claims that it hasn't taken money from Beijing| Tom Krisher / Associated Press: |
NHTSA: Tesla will issue an OTA update for 53,822 cars and SUVs to remove an FSD feature that let vehicles roll through stop signs without coming to a halt — DETROIT (AP) — Tesla is recalling nearly 54,000 cars and SUVs because their “Full Self-Driving” software lets them roll through stop signs without coming to a complete halt.
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Reuters, The Verge, TechRadar, Gizmodo, BGR India, New York Times, Electrek, govtech.com, MobileSyrup, SlashGear, Engadget, Input, The Register, and Newser
Tweets: @taylorogan, @elonmusk, @jraindc, @gtconway3d, @samjmintz, @ballaban, @awalkerinla, @aweiss, @mikeelgan, @oknox, @tomgara, @lizadixon, @davidzipper, @tweetermeyer, @errolbarnett, and @carnage4life
| Yogita Khatri / The Block: |
Crypto analytics service Dune Analytics raises a $69.420M Series B at a $1B valuation led by Coatue, bringing its total funding to $80M — Quick Take — Dune Analytics has hit a valuation of $1 billion with its Series B round. — Dune has big plans in place, including building … | Lauren Feiner / CNBC: |
PayPal reports Q4 revenue of $6.92B, up 13% YoY, net income of $801M, down from $1.57B YoY; stock down 15%+ on weak Q1 guidance — - PayPal reported mixed Q4 2021 earnings Tuesday and provided guidance for the next quarter that fell short of analyst estimates.
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Tweets: @thestalwart and @tommyr345
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