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February 4, 2022, 4:05 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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Tweets: @ldrogen, @delrey, @divestech, @danielnewmanuv, @epro, @johnkicklighter, @christeso, @ldignan, @quinnypig, and @joshg_etoro
| Annie Palmer / CNBC: |
Amazon breaks out advertising services revenue for the first time, reports $9.7B for Q4, up 32% YoY, $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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Silicon Republic, GeekWire, and AdExchanger
Tweets: @benedictevans, @stacyfmitchell, @benyt, @arjunkharpal, @chuck_gopal, @birdyword, @mattrosoff, @markdistef, @tanyadua, @edmundlee, @sarthakgh, @pkafka, @stacyfmitchell, @daveleeft, @acouplecents, @shiraovide, @matthewstoller, @stacyfmitchell, @pkafka, @mjasay, @craigsilverman, @lpolgreen, @stacyfmitchell, @rakeshlobster, and @tomgara
| 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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Tweets: @robpegoraro, @eorden, @richontech, and @joshkeaton
| 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, CNBC, The Verge, Bloomberg, Insider, Protocol, The Economic Times, Bloomberg, Daring Fireball, Financial Times, Social Media Today, The Guardian, Silicon Valley Business …, dot.LA, MacDailyNews, and Benzinga
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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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Tweets: @jordannovet and @atvi_ab
| 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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Bloomberg, CoinGape, Decrypt, CBS News, Blockworks, and Bloomberg
Tweets: @kelvinfichter, @wormholecrypto, and @pearswick
| 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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U.S. Congresswoman …, Coin Center, and The Block
| 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 Information, Wall Street Journal, Snap Inc., Investopedia, Reuters, Axios, Hollywood Reporter, SiliconANGLE, MarketWatch, Forbes, Variety, Engadget, Barron's Online, and 9to5Mac
| 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, Axios, Washington Post, 9to5Mac, Reuters, MediaNama, Chamber of Progress, iTnews, Ubergizmo, SiliconANGLE, Chamber of Progress, Wall Street Journal, PYMNTS.com, and The Register
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| 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
| 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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Ars Technica, New York Times, Protocol, 9to5Mac, Variety, and Washington Post
| Nina Bambysheva / Forbes: |
Trust Machines, which aims to build DeFi apps, DAOs, and NFTs on Stacks, formerly Blockstack, raises $150M from Breyer Capital, GoldenTree, Hivemind, and others — It's summer 2017. Muneeb Ali, a PhD candidate in computer science at Princeton, is finishing his thesis … | Adam Satariano / New York Times: |
A profile of Seznam, a leading search engine in the Czech Republic before Android's rise that is helping to inspire laws to limit Big Tech's power — A small search engine company in the Czech Republic helped inspire a law that is poised to put major limits on tech giants like Google.
Tweets: @nytimes, @daiwaka, @mh4oh, and @ondrej1974
| Tiernan Ray / ZDNet: |
Pinterest reports Q4 revenue of $847M, up 20% YoY, 431M global MAUs, down 6% YoY, and FY 2021 revenue of $2.6B, up 52% YoY; stock is up 20%+ — Pinterest's monthly average users dropped 6%, year over year, to 431 million, below consensus for 448 million. The decline was largest in the U.S., where users declined 12% to 86 million.
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Bloomberg, MarketWatch, Investor's Business Daily, Pinterest, CNBC, Reuters, and Adweek. Tweets: @carnage4life
| Ephrat Livni / New York Times: |
Coinbase partners with TurboTax to let users directly deposit state and federal tax refunds into their accounts and automatically buy cryptocurrency — The software company has teamed up with Coinbase to allow users the option to convert their state and federal tax refunds into cryptocurrency.
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The Coinbase Blog and PCMag
| 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 … | Corbin Davenport / XDA Developers: |
Google releases Flutter 2.10 with stable support for developing Windows apps; macOS and Linux support remains in beta — Google has been working on Flutter for a few years now, with the goal to create the cross-platform software framework of developers' dreams.Sponsor Posts
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