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February 4, 2022, 6:25 AM
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| Amazon: |
Amazon reports Q4 revenue up 9% YoY to $137.4B, net income up 98% to $14.3B, AWS revenue up 40% to $17.8B, and FY 2021 revenue up 22% to $469.8B; stock up 15%+ — SEATTLE—(BUSINESS WIRE) February 3, 2022—Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its fourth quarter ended December 31, 2021.
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| Annie Palmer / CNBC: |
Amazon breaks out advertising services revenue for the first time: $9.7B for Q4, up 32% YoY, and $31.2B for FY 2021; subscription services grew 15% to $8.1B — - Amazon shares rallied in extended trading Thursday after the company posted a big earnings beat for the fourth quarter …
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| Taylor Soper / GeekWire: |
Amazon will raise Prime's US prices by $20 to $139 per year and by $2 to $14.99 per month, on February 18 for new members and March 25 for current members — Amazon is upping the price of Prime, increasing the annual fee of its membership from $119/year to $139/year.
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| Bloomberg: |
Meta closes down 26%, erasing ~$250B from its market cap, the biggest single-day loss in market value 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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Bloomberg, Washington Post, New York Times, The Verge, BBC, Gizmodo, Insider, Protocol, Bloomberg, Los Angeles Times, The Guardian, Coinspeaker, CNBC, Sobre Startups, Bloomberg, Daring Fireball, The Economic Times, Financial Times, Social Media Today, dot.LA, Benzinga, Daring Fireball, and Silicon Valley Business …
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| Parmy Olson / Bloomberg: |
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| Stephanie Condon / ZDNet: |
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| Dean Takahashi / VentureBeat: |
Activision Blizzard reports Q4 revenue of $2.16B, down 10% YoY, net bookings of $2.49B, down 18% YoY, 371M MAUs, down from 397M a year ago — Activision Blizzard's net bookings of $2.49 billion in the fourth quarter ended December 31 short of expectations on Wall Street …
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Activision Blizzard, Pocket-lint, PYMNTS.com, purexbox.com, MarketWatch, Gamepur, and Yahoo Finance
Tweets: @jordannovet and @atvi_ab
| Benjamin Mayo / 9to5Mac: |
Apple says it will charge a 27% commission for in-app purchases made using alternative payment systems in The Netherlands, following a Dutch legal decision — Apple today provided some additional details about how it will allow dating apps in the Netherlands to offer alternative payment systems …
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Apple Developer, MacRumors, AppleInsider, Ubergizmo, and iMore
Tweets: @carnage4life and @carnage4life
| Lauren Feiner / CNBC: |
Snap reports its first quarterly net profit, with Q4 revenue of $1.3B, up 42% YoY, and net income of $23M; FY 2021 revenue grew 64% to $4.1B; stock is up 55%+ — - Snap reported earnings for the fourth quarter Thursday that beat analyst estimates on earnings, revenue and user growth.
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The Verge, The Information, Silicon Republic, Wall Street Journal, Investopedia, iMore, Snap Inc., Axios, SiliconANGLE, MarketWatch, The Economic Times, and Quartz
| The Information: |
Source: Tiger Global has raised $11B+ for its latest VC fund as of January and expects to close the fund at $12B in March, up from the $10B target set last year — Tiger Global Management, the New York-based hedge fund that made more private tech investments than any other firm last year …
Tweets: @ledgerstatus
| Andrew Thurman / CoinDesk: |
Wormhole's parent company replaces $322M worth of ETH stolen by a hacker on Wednesday; the bridge's operations resumed after the attack vector was patched — Wormhole's parent company has stepped in to prevent chaos across the Solana DeFi landscape. — After one of the most devastating exploits …
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CoinDesk, BleepingComputer, Waivly, Bloomberg, Decrypt, Blockworks, CoinGape, CBS News, SWFI, and Bitcoin News
Tweets: @kelvinfichter, @wormholecrypto, @pearswick, and @novogratz
| James Rubin / CoinDesk: |
A bipartisan group of US representatives reintroduces the Virtual Currency Tax Fairness Act, which would exempt paying taxes on realized crypto gains under $200 — The legislation by a bipartisan group of House representatives would exempt realized crypto gains under $200.
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Crypto Market Update … and Coin Center
| 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 …
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CNBC, Bloomberg, Washington Post, Axios, Telecoms.com, Reuters, iTnews, Ubergizmo, MediaNama, Chamber of Progress, and Wall Street Journal
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| Blake Brittain / Reuters: |
Nike sues online reseller StockX for selling unauthorized NFTs of its shoes, citing its trademarks, and promises “a number of virtual products” later this month — Sneaker giant Nike sued online reseller StockX in New York federal court on Thursday for selling unauthorized images of Nike shoes …
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Coinspeaker, Cointelegraph, and Tech Xplore
Tweets: @abcdedgar, @copmanually, @abcdedgar, @ape2047, and @ohmyeth
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