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February 3, 2022, 12:00 PM
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| Stephanie Condon / ZDNet: |
Meta CFO says Apple's ATT privacy changes will cost the company $10B in revenue during 2022 and that Google “faces a different set of restrictions from Apple” — Meanwhile, the company accused Apple of favoring Google over app-based platforms like Facebook with its privacy policies
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CNBC, Ars Technica, Financial Times, Macworld, DCD, Bloomberg, Wall Street Journal, iPhone in Canada Blog, PhoneArena, CNN, Neowin, WRAL TechWire, diginomica, Philip Elmer‑DeWitt, iThinkDifferent, iPhone Hacks, and The Economic Times
| Bloomberg: |
Meta opens down 24%+, erasing $200B+ from its market cap, the biggest loss of market value in single day for a US company, after weak Q4 results and Q1 guidance — Facebook parent Meta Platforms Inc. is set to shed about $200 billion in market value, in what would be one of the biggest …
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The Verge, Mercury News, San Francisco Business Journal, Wall Street Journal, The Economic Times, Bloomberg, The Guardian, MarketWatch, MarketWatch, CNBC, Bloomberg, Philip Elmer‑DeWitt, Bloomberg, Fortune, and Reuters
Tweets: @r2r, @neilcybart, @jyarow, @carnage4life, @azeem, and @davidzmorris
| 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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9to5Mac, Wall Street Journal, MacRumors, Bloomberg, Telegraph, Financial Times, Decrypt, Forbes, Engadget, Telecoms.com, Gamereactor UK, CNN, Reuters, iMore, Forest's Newsletter, Winvesta Crisps, Transistori, and Vox
Tweets: @nikitabier, @talbm2010, @buccocapital, @mikeisaac, @profgalloway, @caseynewton, @ferrotv, @sarahfrier, @firstadopter, @benbn, @davetroy, @nikitabier, @dougboneparth, @nikitabier, @hotlinejosh, @jeffnolan, @amy_siskind, @benbn, @swodinsky, @asharma, @gassee, @joannastern, @anthony, @munster_gene, @gunjanjs, @rachelmetz, @htsfhickey, @emilydreyfuss, @gregmfitz, @alexeheath, @epro, @kantrowitz, @kantrowitz, @michaelbatnick, @buccocapital, @buccocapital, @mikeisaac, @caseynewton, @kurtwagner8, @kurtwagner8, @kurtwagner8, @shannonpareil, @kurtwagner8, @azeem, @kantrowitz, @kurtwagner8, @ceciliakang, @mikeisaac, @rustybrick, @qwongsj, and @mikeisaac
| Parmy Olson / Bloomberg: |
Meta and Alphabet are the least diversified of the tech giants, relying on ads for 98% and 81% of revenue, respectively, a long-neglected vulnerability — Alphabet Inc. and Meta Platforms Inc., the world's biggest digital advertising platforms, once again raked in astonishing amounts of money in 2021.| 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 …
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The Verge, Meta, Forbes, PCMag, XDA Developers, Moneycontrol, Newser, The Overspill, and The Week
| Meta: |
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Associated Press, The i Paper, GeekWire, Variety, Finbold, Protocol, Mobile Dev Memo, Bloomberg, Yahoo News, BeInCrypto, ZDNet, TechSpot, Insider, Ubergizmo, ВІС …, PhoneArena, and The Hill
| Janko Roettgers / Protocol: |
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UploadVR, GamesIndustry.biz, news.com.au, and The Register
Tweets: @levynews, @luke_metro, @mikeisaac, @sivavaid, @stevekovach, and @stevekovach
| Sam Byford / The Verge: |
Nintendo reports 10.67M Switch sales in Q3, down 8% YoY, bringing lifetime Switch sales to 103.54M, overtaking the Wii's 101.63M in under five years — A good holiday quarter, but Nintendo cut its forecast — The Nintendo Switch had a relatively strong holiday quarter …
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Nintendo, Bloomberg, Reuters, International Business Times, Android Authority, Engadget, Nintendo, Video Games Chronicle, Thurrott, Club386, PCMag, CNBC, 9to5Toys, VentureBeat, iPhone in Canada Blog, VentureBeat, and TechSpot
Tweets: @pelstrom and @6d6f636869
| Ashley Carman / The Verge: |
Audio: Daniel Ek says Spotify needs exclusives for leverage to land deals with Amazon, Google, and others, and he finds many things Rogan says “very offensive” — He says Spotify is a platform, not a publisher — Spotify CEO Daniel Ek addressed employees about the Joe Rogan controversy …
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Washington Post. Tweets: @ericnewcomer, @ericnewcomer, @ashleyrcarman, @reckless, @carnage4life, and @karlbode
| Los Angeles Times: |
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TNW, Financial Times, Insider, BBC, and WRAL TechWire
| J. Clara Chan / The Hollywood Reporter: |
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Protocol, New York Times, Seeking Alpha, Spotify, Silicon Republic, The Verge, Reuters, Variety, and MarketWatch
Tweets: @thedavidcrosby, @dada_drummer, @ggreenwald, @chriswelch, @chriswelch, @lucas_shaw, @anthony, @lucas_shaw, @lucas_shaw, @lucas_shaw, @sarafischer, and @jclarachan
| 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 …
Source:
Insider. More:
Thurrott, ZDNet, MobileSyrup, Engadget, XDA Developers, MSPoweruser, and Pocket-lint
Tweets: @tasslehoff, @andrew_lusk, and @julie188
| Adi Robertson / The Verge: |
GameStop plans to launch an NFT marketplace in 2022, built on the Ethereum-based Immutable X platform, and is creating an “up to $100M” fund for game developers — It hopes a $100 million fund will make developers use it — GameStop plans to launch its own marketplace for non-fungible tokens …
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Wall Street Journal, VentureBeat, Engadget, PYMNTS.com, Forbes, Game Developer, Gamestop Corp., Decrypt, Reuters, The Economic Times, The Block, Blockworks, CoinDesk, and KnowTechie. Tweets: @saraheneedleman
| Reuters: |
Sources: Israeli surveillance company QuaDream used the zero-click ForcedEntry exploit to break into iPhones in 2021; ForcedEntry was also used by NSO Group — A flaw in Apple's software exploited by Israeli surveillance firm NSO Group to break into iPhones in 2021 was simultaneously abused …
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AppleInsider, PhoneArena, Slashdot, MacDailyNews, The Mac Observer, and 9to5Mac
Tweets: @stephaniefishm4, @razhael, @pearswick, @jshermcyber, @snlyngaas, @markdistef, and @ziya_meral
| Ax Sharma / BleepingComputer: |
The Conti ransomware group hits major British snack producer KP Snacks, affecting the supply of Skips, Hula Hoops, McCoy's, and others to leading supermarkets — KP Snacks, a major producer of popular British snacks has been hit by the Conti ransomware group affecting distribution to leading supermarkets.
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betterRetailing, The Guardian, BetaNews, The i Paper, BBC, Bloomberg, Sky News, and Telegraph
Tweets: @iblametom, @jimwaterson, and @gossithedog
| Catalin Cimpanu / The Record: |
Blockchain bridge Wormhole confirms a hacker stole $322M worth of ETH and moves its site into maintenance mode; Wormhole is offering a $10M “bug bounty” — 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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Elliptic Blog, Bloomberg, Tom's Hardware, The Block, TheStreet, CyberScoop, Security Affairs, CryptoPotato, CoinDesk, iTnews, VICE, NBC News, Forbes, Malwarebytes Labs, TechCrunch, Crowdfund Insider, Coinspeaker, Crypto Daily, ZyCrypto, Ethereum World News, and Crypto Briefing
Tweets: @kelvinfichter, @wormholecrypto, @campuscodi, @kelvinfichter, @timevalueofbtc, @sbyrnes, @caseynewton, @silvermanjacob, @hexcowboy, @pt, @silvermanjacob, @gossithedog, @mattbinder, @crypto, @carsonturner, @austin_federa, @david_jolly_dc, @markjeffrey, @joshuatopolsky, @dogetoshi, @coindesk, @markgongloff, @ivanthek, and @silvermanjacob
| Saritha Rai / Bloomberg: |
Counterpoint: Apple shipped 2.3M iPhones in India in Q4, up 34% YoY; Xiaomi shipped 9.3M smartphones, up 2% YoY, and Samsung shipped 7.2M, down 8% YoY — Apple Inc. had its strongest quarter for iPhone sales in India yet, a sign the Cupertino, Calif.-based company is finally making progress …
Source:
Counterpoint Research. More:
Philip Elmer‑DeWitt, AppleInsider, 9to5Mac, Apple Must, TechCircle, Android Central, and Patently Apple
Tweets: @bloombergquint, @tarunpathak, @tarunpathak, and @neiltwitz
| Richard Waters / Financial Times: |
Interview with Satya Nadella on Microsoft's Activision Blizzard acquisition, preparing for the metaverse, the future of gaming and workplaces, and more — Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy.
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Ars Technica, Windows Central, Beyond Search, and Financial Times
Tweets: @epicureandeal and @khalafroula
| Financial Times: |
Sources: Yuga Labs, the startup behind Bored Ape Yacht Club NFTs, is in talks to raise funds from a16z at a $4B-$5B valuation, its first outside funding — NFTs pioneer Yuga Labs seeks $4bn-$5bn valuation from Silicon Valley investor — The start-up behind Bored Ape Yacht Club … | Sarah Perez / TechCrunch: |
Mozilla shuts down Firefox Reality, its web browser launched in 2018 for Oculus and other AR/VR headsets, and directs users to Igalia's upcoming browser Wolvic — A top VR web browser is closing down. Today, Mozilla announced it's shutting down its Firefox Reality browser …
More:
Igalia and The Mozilla Blog
| 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 …
More:
GlobeNewswire News Room and Coinspeaker
| Manish Singh / TechCrunch: |
Bengaluru-based Jar, a daily savings app that lets users invest in “digital gold”, raises a $32M Series A led by Tiger Global, sources say at a $200M+ valuation — A seven-month-old fintech app that is helping millions of Indians to begin their investment and saving journeys … | Mary Ann Azevedo / TechCrunch: |
Bold, which offers a card reader and “pay-by-link” service to SMBs in Colombia, raises a $55M Series B led by Tiger Global, bringing its total funding to $65M — Bold, a technology company working to enable financial access to electronic payments in Colombia … | Joe Rossignol / MacRumors: |
The US Senate Judiciary Committee approves the Open App Markets Act, which would allow app sideloading and let developers use their own in-app payment systems — The U.S. Senate Judiciary Committee today approved the bipartisan Open Markets Act, an antitrust bill that would allow for sideloading and alternate app stores on the iPhone.Sponsor Posts
Command Line:
Azure Content Understanding: Building on lessons from a decade of Document Intelligence — What a decade of teaching machines to read real-world documents taught us about what LLMs can and can't do.
Azure Content Understanding: Building on lessons from a decade of Document Intelligence — What a decade of teaching machines to read real-world documents taught us about what LLMs can and can't do.
Will Reed:
The best sales leaders aren't job hunting. Here's how to reach them without months of cold outreach. — Our team came from Box, Square, and Brex, so we already know the GTM leaders worth meeting.
The best sales leaders aren't job hunting. Here's how to reach them without months of cold outreach. — Our team came from Box, Square, and Brex, so we already know the GTM leaders worth meeting.
Zoho:
App Spotlight: Profit.co for Zoho CRM — App Spotlight brings you hand-picked solutions that enhance your Zoho apps and tools. Visit Zoho Marketplace to explore all of our apps, integrations …
App Spotlight: Profit.co for Zoho CRM — App Spotlight brings you hand-picked solutions that enhance your Zoho apps and tools. Visit Zoho Marketplace to explore all of our apps, integrations …
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
Training Data:
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Sequoia Capital partners host conversations with leading AI builders and researchers to develop a deeper understanding of the evolving technologies and their implications.
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Invest Like the Best:
David Vélez - Building Nubank and the Future of Global Banking
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
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Cheeky Pint:
Muse Wonder: Zuckerberg and Wang's $100B AI
Stripe cofounder John Collison interviews founders, builders, and leaders over a pint.
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Lenny's Podcast:
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Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
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Big Technology Podcast:
Meta & Microsoft's Claude Slowdown, His Agent Leaked His Banking Info, Don't Bully Your AI
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Sources:
Qualcomm's CEO on the coming AI phone supercycle
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
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