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February 3, 2022, 12:55 PM
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| 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, Wall Street Journal, Insider, Mercury News, San Francisco Business Journal, CNBC, The Economic Times, The Guardian, Bloomberg, Dexerto, MarketWatch, MarketWatch, Bloomberg, Philip Elmer‑DeWitt, Fortune, and Bloomberg
Tweets: @r2r, @digitalhen, @neilcybart, @carnage4life, @azeem, @jyarow, and @davidzmorris
| 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, HotHardware.com News, Ars Technica, Financial Times, Macworld, DCD, Livemint, PhoneArena, CNN, Neowin, Bloomberg, WRAL TechWire, diginomica, Philip Elmer‑DeWitt, iThinkDifferent, iPhone in Canada Blog, iPhone Hacks, and The Economic Times
| 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.| Lauren Feiner / CNBC: |
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9to5Mac, Wall Street Journal, MacRumors, Bloomberg, Telegraph, Financial Times, Deadline, Decrypt, Forbes, Telecoms.com, Gamereactor UK, CNN, Insider, Engadget, iMore, Forest's Newsletter, Winvesta Crisps, Reuters, and Transistori
Tweets: @nikitabier, @talbm2010, @buccocapital, @mikeisaac, @profgalloway, @caseynewton, @ferrotv, @sarahfrier, @benbn, @davetroy, @nikitabier, @firstadopter, @dougboneparth, @hotlinejosh, @amy_siskind, @benbn, @swodinsky, @asharma, @gassee, @joannastern, @anthony, @munster_gene, @gunjanjs, @rachelmetz, @htsfhickey, @emilydreyfuss, @gregmfitz, @nikitabier, @swiftstories, @jeffnolan, @alexeheath, @epro, @kantrowitz, @kantrowitz, @michaelbatnick, @buccocapital, @buccocapital, @mikeisaac, @caseynewton, @kurtwagner8, @kurtwagner8, @kurtwagner8, and @shannonpareil
| Meta: |
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Associated Press, The i Paper, Variety, Finbold, GeekWire, Mobile Dev Memo, Bloomberg, Yahoo News, BeInCrypto, TechSpot, Insider, Ubergizmo, ВІС …, PhoneArena, and ZDNet
Tweets: @willoremus, @alexeheath, @willoremus, @kurtwagner8, @kevinroose, @simonhania, @j_b_horne, @errorjustin, @advodude, @gerberkawasaki, @paulg, @alexeheath, @ron_miller, and @mhbergen
| Janko Roettgers / Protocol: |
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WRAL TechWire, 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, Engadget, Android Authority, Nintendo, Video Games Chronicle, Thurrott, PCMag, Club386, CNBC, VentureBeat, iPhone in Canada Blog, VentureBeat, TechSpot, and 9to5Toys
Tweets: @pelstrom and @6d6f636869
| 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, New York Post, Gizmodo, Forbes, Protocol, PCMag, Moneycontrol, Newser, XDA Developers, The Overspill, and The Week
Tweets: @kevinroose, @loukas_rs, @alexeheath, @hotlinejosh, @wongmjane, @jason_kint, @s8mb, @gerritd, @pkedrosky, @golikehellmachi, @raguileramx, @willoremus, @jason_kint, @fabiochiusi, @rjcc, @stevenlevy, and @jsphctrl
| 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 App Markets Act, an antitrust bill that would allow … | 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, XDA Developers, PhoneArena, iPhone in Canada Blog, Slashdot, MacDailyNews, The Mac Observer, and 9to5Mac
Tweets: @stephaniefishm4, @razhael, @pearswick, @jshermcyber, @markdistef, @ziya_meral, and @snlyngaas
| 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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Protocol, Insider, and Washington Post
Tweets: @ericnewcomer, @ericnewcomer, @carnage4life, @ashleyrcarman, @karlbode, and @reckless
| Los Angeles Times: |
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TNW, NBC News, Financial Times, Insider, WRAL TechWire, and BBC
| J. Clara Chan / The Hollywood Reporter: |
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Protocol, New York Times, Spotify, Seeking Alpha, Silicon Republic, The Verge, Variety, Reuters, and MarketWatch
| 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, Decrypt, The Verge, CoinDesk, PYMNTS.com, Bloomberg, Tom's Hardware, Security Affairs, The Block, CyberScoop, TheStreet, CryptoPotato, VICE, iTnews, NBC News, Forbes, Malwarebytes Labs, Crypto Daily, ZyCrypto, Ethereum World News, TechCrunch, Crypto Briefing, Crowdfund Insider, and Coinspeaker
Tweets: @wormholecrypto, @kelvinfichter, @wormholecrypto, @kelvinfichter, @campuscodi, @sbyrnes, @silvermanjacob, @hexcowboy, @pt, @timevalueofbtc, @mattbinder, @crypto, @carsonturner, @austin_federa, @david_jolly_dc, @markjeffrey, @joshuatopolsky, @dogetoshi, @markgongloff, @ivanthek, @silvermanjacob, @gossithedog, @caseynewton, @coindesk, and @silvermanjacob
| 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, Silicon Republic, Engadget, PYMNTS.com, Gamestop Corp., Forbes, Game Developer, Blockworks, Decrypt, Reuters, The Economic Times, The Block, KnowTechie, and CoinDesk. Tweets: @saraheneedleman
| 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:
Gizmodo, Thurrott, ZDNet, MobileSyrup, Engadget, XDA Developers, MSPoweruser, and Pocket-lint
| 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, VentureBeat, Windows Central, Video Games Chronicle, Beyond Search, and Financial Times
Tweets: @epicureandeal and @khalafroula
| 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 Register, The Guardian, BetaNews, The i Paper, Bloomberg, BBC, Sky News, and Telegraph
Tweets: @iblametom, @jimwaterson, and @gossithedog
| 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 …
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Igalia and The Mozilla Blog
| 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 …
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Tech.eu, The Economic Times, and Entrackr
| Brandy Betz / CoinDesk: |
Tribal Credit, a B2B payments service used in 22 countries, raises a $60M Series B led by SoftBank Latin America Fund, bringing its total funding to $140M — Tribal will use the money to continue building out its teams in Latin America, and also plans to release some crypto-related products later this year.
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Tribal Credit
| 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, Apple Must, 9to5Mac, TechCircle, and Android Central
Tweets: @bloombergquint, @tarunpathak, @tarunpathak, and @neiltwitz
| 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 … Sponsor Posts
Command Line:
Bringing local models and sandboxed tools to Windows and GitHub Copilot — GitHub Copilot will soon determine when a task is best handled by on-device AI and when it needs cloud-scale models.
Bringing local models and sandboxed tools to Windows and GitHub Copilot — GitHub Copilot will soon determine when a task is best handled by on-device AI and when it needs cloud-scale models.
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:
Zoho Books now supports CT600 & Final Accounts Filing as an add-on in the FREE plan — Managing end-of-year filing for limited companies in the UK is often expensive and multi-layered.
Zoho Books now supports CT600 & Final Accounts Filing as an add-on in the FREE plan — Managing end-of-year filing for limited companies in the UK is often expensive and multi-layered.
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
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.
Subscribe to Sources.
The Upstarts Podcast:
Bringing Back Mammoths And Building Noah's Ark 2.0 | Colossal's Ben Lamm
Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.
Subscribe to The Upstarts Podcast.
Great Chat:
The launch industrial complex
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Big Technology Podcast:
Can AI Keep Growing Exponentially? Let's Ask SemiAnalysis — With Dylan Patel and Jordan Nanos
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Channels with Peter Kafka:
Larry Ellison's Media Ambitions & Kevin Roose on AI's Biggest Gamble
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Training Data:
Google's AI Infrastructure Chief, Amin Vahdat, on the Physics & Economics of Frontier AI
Sequoia Capital partners host conversations with leading AI builders and researchers to develop a deeper understanding of the evolving technologies and their implications.
Subscribe to Training Data.
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Tweets: @dnvolz, @dalperovitch, @dnvolz, @anthony, @ericgeller, @marcambinder, @williamturton, and @wsjpolitics