January 31, 2024, 5:20 AM

Top News

Alphabet reports Q4 revenue up 13% YoY to $86B, net income up 52% to $20.7B, Google Cloud revenue up 26% to $9.2B, and headcount down 4%+; GOOG drops 5%+  —  MOUNTAIN VIEW, Calif. - January 30, 2024 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter and fiscal year ended December 31, 2023.
Todd Spangler / Variety:
Todd Spangler / Variety:
Universal Music Group plans to cease licensing content to TikTok after their agreement expires on January 31, saying they failed to reach new licensing terms  —  UMG said that its agreement with TikTok is set to expire on Jan. 31.  “The companies have not agreed to terms for a new agreement …
Sheila Chiang / CNBC:
Samsung reports Q4 revenue down 3.8% YoY to ~$51B, vs. ~$52.1B est., operating profit down ~35% YoY to ~$2.1B, vs. ~$2.6B est., and rising 2024 memory demand  —  - Samsung on Wednesday reported a 34.57% drop in operating profit in the fourth quarter from a year ago, in line with its guidance issued earlier this month.
Nilay Patel / The Verge:
Apple Vision Pro review: marvelous display, great hand and eye tracking, and works seamlessly in the ecosystem, but pricey and video passthrough can be blurry  —  The Apple Vision Pro is the best consumer headset anyone's ever made — and that's the problem.
More: Wall Street Journal, Marques Brownlee on YouTube, CNET, Tom's Guide, Washington Post, CNBC, Daring Fireball, The Verge on YouTube, AppleInsider, iJustine on YouTube, MacRumors, 9to5Mac, iThinkDifferent, The Wall Street Journal on YouTube, Creative Strategies, MSPoweruser, The Guardian, Business Insider, Philip Elmer‑DeWitt, The Overspill, 9to5Mac, Enterprise Times, Wccftech, TechEBlog, MacRumors, Boing Boing, MacDailyNews, Constellation Research, BGR, OSnews, Spyglass, AppleInsider, SlashGear, Macworld, UploadVR, Tom's Guide on YouTube, On my Om, PetaPixel, The Metaverse Insider, Club386, Washington Post, Digital Trends, iClarified, Techmeme Ride Home Podcast on YouTube, Dexerto, CNET, Gizmodo, Cult of Mac, TechRadar, Forbes, Road to VR, MacStories, The Messenger, The Apple Post, ZDNet, Washington Post, 9to5Mac, Philip Elmer‑DeWitt, iMore, BGR, Variety, CNET on YouTube, The Verge on YouTube, ZDNet, and MacRumors
Chance Miller / 9to5Mac:
Microsoft reports Q2 revenue up 18% YoY to $62B, net income up 33% YoY to $21.9B, Office Commercial revenue up 15% YoY, and LinkedIn revenue up 9% YoY  —  REDMOND, Wash. — January 30, 2024 — Microsoft Corp. today announced the following results for the quarter ended December 31, 2023 …
Jordan Novet / CNBC:
Tom Warren / The Verge:
Vitalik Buterin / Vitalik Buterin's website:
A look at the four major categories of apps that could emerge at the intersection of crypto and AI, and the prospects and challenges of each category  —  Special thanks to the Worldcoin and Modulus Labs teams, Xinyuan Sun, Martin Koeppelmann and Illia Polosukhin for feedback and discussion.
Sam Kessler / CoinDesk:
Block begins layoffs under a previously disclosed plan to cut staff by up to 10%, by imposing an “absolute cap” of a 12,000 headcount, which was 13,000 in Q3'23  —  The company plans to drastically reduce its headcount throughout 2024 through a series of layoffs and reorganizing measures.
Nilay Patel / The Verge:
Q&A with Sen. Brian Schatz on Congress' dysfunction in the tech space, regulating tech firms, the EU's DMA, AI, deepfakes, social media laws for kids, and more  —  Today, I'm talking with Senator Brian Schatz of Hawaii.  He's been in the Senate for a little more than a decade now, and he's seen a lot in that time.
More: BloombergThreads: @aaronrosspowellInstagram: Senator Brian SchatzX: @senbrianschatz and @ksandler1
Paige Smith / Bloomberg:
Employee letter: PayPal plans to lay off around 2,500 employees, or about 9% of its workforce, and will cut back on open roles  —  - CEO Alex Chriss has vowed to improve operating leverage  — Latest round of cuts will affect about 9% of the workforce  —  PayPal Holdings Inc. will reduce …
Arsheeya Bajwa / Reuters:
AMD reports Q4 revenue down 10% YoY to $6.2B, net income up 3,076% to $667M, Data Center revenue up 38% to $2.3B, Q1 revenue forecast below est.; AMD drops 5%+  —  Chipmaker Advanced Micro Devices (AMD.O) forecast first-quarter revenue below market estimates on Tuesday …
Financial Times:
Bernstein estimates PDD spent ~$3B on marketing Temu in the US in 2023; the Chinese group says Temu has 70M US MAUs, up from an estimated 13M in January 2023  —  High-spending marketing push by PDD Holdings-owned internet marketplace leads to doubts over growth strategy
Financial Times:
Bain: as of September 2023, autonomous vehicles in China had driven a cumulative total of 70M kilometers, on par with the US, despite Beijing's safety concerns  —  Experts believe carmakers and tech companies are closing gap with US rivals despite Beijing's safety concerns

Sponsor Posts

Introducing Tadpole: the tiny webcam for laptops  —  With a mirrorless Sony sensor, directional microphone, and tap-to-mute feature, the Tadpole works with both Mac and PC and is the perfect webcam to take with you everywhere.
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Holding too much in one or two stocks?  —  Cache helps protect your hard-earned wealth.  Swap your stocks for a diversified fund without a giant tax bill.  Once for the ultra-wealthy, now available for you.
Zoho WorkDrive expands its enterprise capabilities with workflow automation, data loss prevention, and more  —  We recently announced to our customers, partners, and press at the Zoholics Austin event a series of extensive updates.
A running list of the best startups to join  —  We've analyzed thousands of startups using the same data VCs use and distilled our list down to the top 2%.  Discover and join the next Stripe, Airbnb, or Coinbase today.
The Logan Bartlett Show:
EP 108: Olivier Pomel (CEO, Datadog) Shares Every Lesson From Scaling to $40B
A podcast hosted by Logan Bartlett, an investor at Redpoint Ventures, covering tech with industry insiders.
Subscribe to The Logan Bartlett Show!
Techmeme Ride Home:
Wed. 06/18 - Apple Pumping The Breaks On The Vision Pro?
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.

More News

Earlier Picks

Juli Clover / MacRumors:
Sergiu Gatlan / BleepingComputer:
Ashley Capoot / CNBC: