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February 3, 2022, 4:09 AM
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| Lauren Feiner / CNBC: |
Meta beats with Q4 revenue of $33.67B vs. $33.4B est., up 20% YoY, 2.91B MAUs, up 4% YoY, but misses with EPS of $3.67 vs. $3.84 est.; stock down 20%+ — - Facebook earnings came in below expectations for the fourth quarter, and the company said numerous challenges are ahead in the first quarter.
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| Meta: |
Meta breaks out Facebook, Instagram, Messenger, and WhatsApp as Family of Apps, with Q4 revenue of $32.8B, up 20% YoY, and will adopt the META ticker in H1 2022 — Meta Platforms, Inc. (Nasdaq: FB) today reported financial results for the quarter and full year ended December 31, 2021.
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| Washington Post: |
Meta reports its first-ever sequential decline in global Facebook daily active users, falling from 1.930B to 1.929B QoQ — Facebook parent Meta's stock nosedives in after-hour trading as the company refocuses on the metaverse. — Facebook parent Meta's quarterly earnings report … | Janko Roettgers / Protocol: |
Meta breaks out its AR/VR-focused Reality Labs unit, reporting 2021 revenue of $2.3B, up from $1.1B in 2020, and losses of $10.2B in 2021, up from $6.6B in 2020 — Meta's AR and VR ambitions come with a significant price tag: Meta's Reality Labs unit lost $10.2 billion last year …
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| J. Clara Chan / The Hollywood Reporter: |
Spotify reports Q4 revenue of €2.69B, up 24% YoY, 406M MAUs, up 18% YoY, and ad-supported revenue of €394M, up 40% YoY and a record 15% of total revenue — The audio giant reported earnings as a growing list of musicians and podcasters leave the platform over its handling of misinformation on Joe Rogan's podcast.
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| Los Angeles Times: |
Sources: in a Spotify staff meeting, CEO Daniel Ek said the company sees itself as a platform for, not a publisher of, Joe Rogan's podcast — Spotify CEO Daniel Ek told employees Wednesday morning that the streaming service doesn't closely supervise controversial podcast host Joe Rogan …
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PYMNTS.com. Tweets: @mattdpearce, @karlitaliliana, @jamessurowiecki, @markmilian, @broderick, @can, @shallowbrigade, @baekdal, and @unvisible_f
| Catalin Cimpanu / The Record: |
Blockchain bridge Wormhole confirms a hacker stole $322M worth of ether, and has moved its site into maintenance mode — A threat actor has abused a vulnerability in the Wormhole cryptocurrency platform to steal an estimated $322 million worth of Ether currency.
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| Lucas Matney / TechCrunch: |
Pixel Vault, a decentralized entertainment startup focused on an NFT collection of superheroes, raises $100M from 01 Advisors and Velvet Sea Ventures — The world of NFTs is bizarre, confounding and exhilarating. Detractors see a space full of capital-obsessed hucksters who want to choke …
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GlobeNewswire News Room and Tubefilter
| Arif Bacchus / OnMSFT.com: |
Report: Microsoft scrapped plans for a HoloLens 3 in 2021, shifting instead to a mixed reality device with Samsung and leaving the HoloLens team “inflamed” — Microsoft turned heads when it first introduced HoloLens, and it even launched a second generation of the mixed reality headset …
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Insider. More:
Windows Central, Engadget, XDA Developers, Windows Central, and PCWorld
Tweets: @jayshams, @julie188, @ashannstew, @andrew_lusk, and @tasslehoff
| Saritha Rai / Bloomberg: |
Counterpoint: iPhone sales in India rose 34% YoY to 2.3M units in Q4, with ~$2.09B in revenue; Xiaomi sold 9.3M units and Samsung sold 7.2M with ~$2B revenue — Apple Inc. had its strongest quarter for iPhone sales in India yet, a sign the Cupertino, Calif.-based company is finally making progress … | Russell Brandom / The Verge: |
How OpenSea became synonymous with the NFT boom, hiding the complexity of ERC-721 transactions for a mass audience; OpenSea made $386M from fees in January 2022 — On a cold day in January, NFTs started disappearing. Major services like MetaMask and Twitter were suddenly unable …
Tweets: @russellbrandom and @reckless
| Jon Porter / The Verge: |
Elon Musk announces $500/month Starlink Premium, claiming 150Mbps-500Mbps download speeds, up from 50Mbps-250Mbps, and doubling upload speeds to 20Mbps-40Mbps — 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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Fossbytes, Ars Technica, Neowin, Pocket-lint, Observer, Transistori, International Business Times, Protocol, Gizmodo, iPhone in Canada Blog, SlashGear, Light Reading, Tom's Guide, MUO, ZDNet, TechRadar, HotHardware.com News, Wccftech, TechSpot, and Input
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| Sneha Shah / The Economic Times: |
Headout, an online travel experiences marketplace, adds a $30M extension led by Glade Brook Capital to its $12M Series B from September 2021 — Mumbai: Mumbai: Headout, an online experiences marketplace for travellers, has raised $30 million (Rs 224.3 crore) in its extended series B financing round led by Glade Brook Capital.
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TechCrunch
| Catalin Cimpanu / The Record: |
GitHub, which owns the npm JavaScript package manager, enrolls the maintainers of npm's 100 most popular libraries into mandatory two-factor authentication — The administrators of the Node Package Manager (npm), the largest package repository of the JavaScript ecosystem …
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The GitHub Blog, The Register, XDA Developers, and TechCrunch
Tweets: @npmjs, @hrbrmstr, @jllord, @alanzeino, @patak_dev, @swizec, @jpwarren, @j_opdenakker, @feefyou, @slicknet, @willmcgugan, and @gossithedog
| James Vincent / The Verge: |
DeepMind details AlphaCode, a new AI coding engine that it says “writes computer programs at a competitive level” — AlphaCode is good, but not great — not yet — DeepMind has created an AI system named AlphaCode that it says “writes computer programs at a competitive level.”
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Deepmind, The Register, Protocol, and 9to5Google
Tweets: @deepmind, @nachosoto, @rossdawson, @jjvincent, @infoecon, @michaelazmy, @buckwoodymsft, @westcoastbill, @tomchivers, @jjvincent, @demishassabis, @liyuajia, and @sam__l__
| Kyle Wiggers / VentureBeat: |
Tel Aviv-based Pecan AI, which offers a predictive analytics service for enterprises, raises a $66M Series C, bringing its total funding to $117.5M — “Big data analytics” is perhaps the currency of the pandemic. The term describes the process of uncovering trends, patterns …
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