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February 1, 2023, 6:10 PM
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memeorandum
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| Meta: |
Meta reports Q4 revenue down 4% YoY to $32.2B, net income down 55% YoY to $4.7B, and family daily active people up 5% YoY to 2.96B; stock jumps 15%+ — Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter and full year ended December 31, 2022.
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Financial Times, CNBC, Gizmodo, Engadget, Reuters, Android Central, Forbes, and Shacknews
Tweets: @hackteck, @matthewstoller, @lexnfx, @karstenw, @naominixwrites, @lexnfx, @_seandavid, @lexnfx, @mikeisaac, @shiraovide, @mattrosoff, and @mylesudland
| CNBC: |
Meta reports $727M Reality Labs revenue in Q4, vs. $715.1M est., a $4.28B operating loss, vs. $4.36B est., a $13.72B loss in 2022, and expects a wider 2023 loss — - Meta's Reality Labs unit recorded a $4.28 billion loss in the fourth quarter, bringing its total operating loss for the year to $13.72 billion.
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CoinDesk, Insider, Blockworks, The Block, VentureBeat, and The Block
| Mike Isaac / New York Times: |
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Bloomberg, Silicon Valley Business …, CNN, TechCrunch, CNET, Deadline, Variety, Insider, and The Hollywood Reporter
Tweets: @carnage4life, @traceyryniec, @vettechtrader, @mikeisaac, and @mikeisaac
| Jordan Novet / CNBC: |
| Allison Johnson / The Verge: |
Samsung debuts the $1,200+ Galaxy S23 Ultra, similar to the S22 Ultra but with a 200MP camera, more robust optical image stabilization, and better battery life — The Samsung Galaxy S23 Ultra is an S22 Ultra with an extra layer of polish — figuratively speaking.
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9to5Google, USA Today, Insider, 9to5Mac, Forbes, PCMag, CNET, MacRumors, The Guardian, XDA Developers, Android Police, Android Central, Laptop Mag, CrackBerry, TheStreet, TechEBlog, Gizchina, ZDNet, Digit, Samsung Newsroom, TalkAndroid.com, Gizmodo, 9to5Google, Engadget, TechCrunch, KnowTechie, Wired, MobileSyrup, IGN, T3, Bloomberg, Axios, CNBC, Pocket-lint, BGR, PetaPixel, Sammy Fans, and SlashGear
Tweets: @techledes, @backlon, @eliblumenthal, @rdrv3, @markgurman, @richontech, and @tomgara
| Chris Velazco / Washington Post: |
Samsung is working with Google and Qualcomm to produce XR products and experiences running an unannounced Android version for devices such as wearable displays — The company is working with Google and Qualcomm on new products and the ecosystem to nurture them
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9to5Google, The Verge, AppleInsider, CNET, Android Authority, ZDNet, Neowin, SlashGear, MobileSyrup, Engadget, SamMobile, Tom's Guide, Chrome Unboxed, and Wccftech
Tweets: @smarket, @thepandaily, @chrisvelazco, and @mishaalrahman
| Allison Johnson / The Verge: |
Samsung unveils the 6.1" Galaxy S23 for $800+ and the 6.6" Galaxy S23+ for $1,000+, with a better selfie camera and Snapdragon 8 Gen 2, shipping on February 17 — Samsung's S-series phones actually look like they belong together this year. The S23 and S23 Plus have adopted the floating camera design …
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Samsung on YouTube, Samsung on YouTube, Samsung Newsroom, 9to5Google, XDA Developers, VentureBeat, Android Authority, PCMag, SiliconANGLE, Thurrott, CNET, CNN, Android Police, PhoneArena, Laptop Mag, AppleInsider, Redmond Pie, ZDNet, Gizmodo, Neowin, Sammy Fans, MobileSyrup, Android Central, Wccftech, GreenBot, Candid.Technology, Pocket-lint, Mashable, MakeUseOf, and KnowTechie
| Cherlynn Low / Engadget: |
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Samsung Newsroom, PCWorld, ZDNet, The Verge, XDA Developers, The Verge, TechSpot, AppleInsider, PCMag, CNET, HotHardware, Windows Central, Forbes, IGN, The Register, Neowin, CNET, Tom's Hardware, Laptop Mag, KnowTechie, Tom's Guide, SamNews 24, Android Authority, Digit, Patently Apple, TechCrunch, Sammy Fans, The Shortcut, MobileSyrup, SamMobile, Wccftech, Pocket-lint, and Pocketnow
| Kyle Wiggers / TechCrunch: |
OpenAI launches ChatGPT Plus, a pilot plan with access in peak times, faster response times, and priority access to new features, in the US for $20 per month — Aiming to monetize what's become a viral phenomenon, OpenAI today launched a new pilot subscription plan for ChatGPT …
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OpenAI, Tom's Guide, ZDNet, PCWorld, CNN, BBC, Engadget, New York Times, Search Engine Land, The Verge, Neowin, Top Startups 2023, Social Media Today, Digital Trends, Forbes, MakeUseOf, Search Engine Journal, Fast Company, and Reuters
Tweets: @openai and @arvidkahl
| Reed Albergotti / Semafor: |
Sources: Microsoft plans to update Bing with OpenAI's GPT-4, a faster and richer version of ChatGPT, in the coming weeks; OpenAI plans to launch a ChatGPT app — Microsoft's second-place search engine Bing is poised to incorporate a faster and richer version of ChatGPT, known as GPT-4 …
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Search Engine Land, Windows Central, SlashGear, Tech Monitor, iPhone in Canada Blog, The Verge, and Neowin
Tweets: @ashleevance, @carlquintanilla, and @reedalbergotti
| Leah Nylen / Bloomberg: |
Sources: a US judge denies the FTC's bid for a preliminary injunction to block Meta's Within acquisition and gives the agency a week to decide whether to appeal — Meta Platforms Inc. won court approval to buy virtual reality startup Within Unlimited, defeating an effort to block the deal … | Natasha Singer / New York Times: |
Drug discount app GoodRx agrees to pay $1.5M to settle with the FTC, which said the company wrongfully gave intimate health info to Meta, Google, and others — The popular drug discount app deceptively shared details on users' illnesses and medicines with ad firms, regulators said in a legal complaint.
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Federal Trade Commission, SC Media, Associated Press, CNET, CyberScoop, The Record, CBS News, Wall Street Journal, Bloomberg Law, GoodRx, STAT, PaymentSecurity.io, CNBC, Law360, Axios, Digital Health Business …, Gizmodo, and TechCrunch
Tweets: @ftc, @ftc, @brockewturner, @evacide, and @ftc
| Paul Alcorn / Tom's Hardware: |
AMD announces its Ryzen 7000X3D pricing: 7950X3D for $699, 7900X3D for $599, both available on February 28, and 7800X3D for $449, available on April 6 — 3D V-Cache to the masses. — AMD announced three new Zen 4 Ryzen 7000X3D processors for its AM5 platform at CES 2023 …
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AMD on YouTube, Ars Technica, PCWorld, The Verge, ExtremeTech, Neowin, 9to5Toys, Dexerto, PC Gamer, Digital Trends, and Phoronix
| Tom Warren / The Verge: |
Nvidia is working on an OTA update to fix a Discord bug that slows the memory clocks by up to 200MHz on some of its GPUs, including the RTX 3080 and RTX 3060 Ti — Discord is slowing down graphics card memory clocks on some Nvidia GPUs. A recent Discord update has introduced a bug that slows …
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nvidia.custhelp.com, Tom's Hardware, The Shortcut, Club386, TechPowerUp, PC Gamer, TechRadar, and Neowin
Tweets: @lvjycmwyl, @andrewgriesmann, and @fspls
| Ian King / Bloomberg: |
Intel cuts employee compensation to preserve cash for a turnaround plan, including 25% for CEO Pat Gelsinger, 15% for leadership, and 5% for mid-level managers — Intel Corp., struggling with a rapid drop in revenue and earnings, is cutting management pay across the company to cope …
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SemiAnalysis, Oregonian, Reuters, PCWorld, Observer, Gizmodo, Insider, Computerworld, TechPowerUp, CRN, WinBuzzer, CNBC, and Tom's Hardware
Tweets: @dylan522p, @rogoway, @smtuffy, @bitsandchipseng, @samro, @metacriticcap, and @realmemes6
| Sarah Perez / TechCrunch: |
Decentralized social network app Damus debuts on the App Store with E2EE for DMs; Damus uses the Nostr protocol, to which Jack Dorsey donated ~14 BTC in 2022 — Another decentralized social networking application to challenge Twitter has hit the App Store.| Ryan Browne / CNBC: |
The UK government shares its plans to regulate crypto, including measures to strengthen rules for lending, disclosures, financial intermediaries, and custodians — - The U.K. laid out plan to regulate the cryptocurrency industry. — The proposals include strengthening rules on crypto lending … | Ashley Gold / Axios: |
The Biden administration's NTIA report describes Apple and Google as “gatekeepers” of mobile app stores and suggests legislation to spur competition and choice — A new Biden administration report describes Apple and Google as “gatekeepers” of mobile app stores and suggests legislation …
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National Telecommunications and Information Administration, Reuters, Ars Technica, The Verge, CNET, CNN, Game Developer, TechCrunch, 9to5Mac, Associated Press, Wall Street Journal, Bloomberg, Android Central, Mobilegamer.biz, iMore, AppleInsider, Chamber of Progress, The Hill, MacDailyNews, and Computerworld
Tweets: @adamkovac, @adamkovac, @commercegov, and @ntiagov
| Todd Spangler / Variety: |
Netflix adds spatial audio to its $20 per month Premium plan, available on 700+ of its most-watched titles; Standard and Basic plans will get limited support — Listen to this: Netflix is hoping audiophiles will upgrade to the $20-per-month Premium tier to gain access to the streamer's full collection … | Lauren Forristal / TechCrunch: |
Apple launches MLS Season Pass in 100+ territories, giving soccer fans access to all MLS matches, playoffs, Leagues Cup, and more for $14.99/month or $99/year — Today, Apple launched MLS Season Pass in over 100 territories, giving soccer fans access to all MLS matches, Audi 2023 MLS Cup Playoffs …
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Apple, Appleosophy, The Mac Observer, mlssoccer, The Blazing Musket, iPhone in Canada Blog, Thurrott, KnowTechie, Big D Soccer, MacRumors, Forbes, Tech Xplore, Deadline, Patently Apple, Tom's Guide, The Streamable, AppleInsider, Digital Trends, MacDailyNews, The Hollywood Reporter, The Sun, iMore, Apple Must, and Pocket-lint
Tweets: @houstondynamo and @chicagofire
| Frederic Lardinois / TechCrunch: |
Netlify, a cloud service for automating web development projects, acquires its competitor Gatsby, which had raised $46.8M to date, for an undisclosed price — Web development platform Netlify today announced that it has acquired its competitor Gatsby, the company behind the opensource GatsbyJS framework.| Ben Lang / Road to VR: |
Meta's Ready at Dawn studio plans to close Echo VR, one of the best-rated and most popular free Quest games, after Meta layoffs, to focus on “our next project” — As a parting gift, players can claim lots of premium cosmetic items for free — The Entire VR Industry in One Little Email| Mike Butcher / TechCrunch: |
Tel Aviv-based Addressable, which claims to have used digital fingerprinting to match 17M crypto wallet holders with their Twitter accounts, raised a $7.5M seed — Marketo, which was developed - among other things.- to enhance marketing around social media users, ended up being acquired by Adobe.| Manish Singh / TechCrunch: |
Pakistan “degrades” Wikipedia in the country for 48 hours for not removing “sacrilegious contents” and warns of a full block if the nonprofit fails to comply — Pakistan has “degraded” Wikipedia in the country for 48 hours for not removing “sacrilegious contents” …
More:
Appuals.com and DAWN.COM
Tweets: @ptaofficialpk, @ptaofficialpk, @amberrshamsi, @usamakhilji, and @anayankhan
| Cheyenne Ligon / CoinDesk: |
A US judge amends Sam Bankman-Fried's bail terms, prohibiting him from contacting any current or former FTX or Alameda employees and using Signal and other apps — The tentative order was granted by a New York court on Wednesday after prosecutors asked the former FTX CEO's bail conditions to be amended last week.
More:
Bloomberg, CryptoSlate, and The Information
Tweets: @tier10k, @tier10k, @nycsouthpaw, and @innercitypress
| Anna Nicolaou / Financial Times: |
Sources: UMG is in talks with Tidal and others to overhaul streaming economics to pay artists more; ideas include a “bonus pool” and “superfan” subscriptions — Group looks into options such as cracking down on bots and adding ‘superfan’ subscriptions
Tweets: @annaknicolaou, @nathanchubbard, @hazard7x, @jherskowitz, and @sarabangtan07
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