| 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.| 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.| 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.| 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 … | 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| Cherlynn Low / Engadget: |
| 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 … | 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 … | David Satin / The Streamable: |
Netflix details its password sharing rules; the company won't block “trusted devices” that connect to the “primary location” Wi-Fi at least once every 31 days — After months of warning subscribers that anti-password sharing measures were coming to Netflix, the company appears to be finally set to unleash them.| Todd Spangler / Variety: |
| 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 … | 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 … | 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 … | 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 Facebook, 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.| 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 … | 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.| 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 … | 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 … | 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 … | 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| 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.| 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” …
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| Jennifer Elias / CNBC: |