Techmeme
February 2, 2022, 5:45 AM

Top News

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.
Jennifer Elias / CNBC:
Google's Q4 ad revenue came in at $61.24B, up 33% YoY; YouTube's ad revenue rose to $8.63B, up 25.4% YoY  —  - Alphabet beat on the top and bottom lines for the fourth quarter.  — The stock jumped in extended trading after the report.  — The company also announced a 20-for-1 stock split.
Nathan Ingraham / Engadget:
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.
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 …
Mitchell Clark / The Verge:
YouTube rolls out a new interface for its full-screen player on Android and iOS, making it easier to like or dislike a video, view comments, and share  —  Easier access to more buttons  —  YouTube is rolling out a new interface for its mobile app's full-screen player …
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.
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
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.
Nathan Grayson / Washington Post:
Craig Timberg / Washington Post:
A whistleblower working with the DOJ says NSO Group offered staffers from US mobile security firm Mobileum “bags of cash” for access to global cellular networks  —  Rep. Ted Lieu asks the Justice Department to investigate after hearing the account of what he called ‘fishy’ behavior.
John Hendel / Politico:
Nonprofit suicide chat service Crisis Text Line ends its data sharing relationship with for-profit spinoff Loris.ai and asks the company to delete existing data  —  The nonprofit mental-health hotline Crisis Text Line ended its data-sharing relationship with a for-profit spinoff Monday …
Rebecca Bellan / TechCrunch:
Superpedestrian, which makes e-scooters that detect and correct unsafe riding behavior in real-time, raises a $125M Series C after a $60M round in December 2020  —  Shared e-scooter company Superpedestrian is gearing up to deploy its Pedestrian Defense safety system at scale …

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