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February 2, 2024, 2:50 PM
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Top News

Alex Koller / CNBC:
Apple starts selling the Vision Pro in the US; Tim Cook appeared at the company's flagship Fifth Avenue store in NYC for the launch  —  - Apple's Vision Pro virtual reality headset is now on sale at all U.S. Apple Store locations and the online U.S. Apple Store.
Anne Steele / Wall Street Journal:
Spotify signs a new multiyear deal with Joe Rogan, estimated to be worth $250M; his show will be available on multiple podcast platforms and YouTube  —  Hit show to be distributed broadly, including on YouTube, rather than exclusively on audio-streaming service
Barry Schwartz / Search Engine Land:
Google dropped the cache link from Search results snippets last week and plans to remove the cache functionality entirely “in the near future”  —  Google officially removed the cache link from the Google Search results snippets last week and Google confirmed that it will remove …
James Fanelli / Wall Street Journal:
Sources: in January, the US DOJ charged three people over a phone-hacking scheme that included the FTX hack to steal $400M+ during the exchange's 2022 collapse  —  The hack coincided with the crypto exchange's meltdown more than a year ago  —  Federal investigators appear to have cracked …
William Gallagher / AppleInsider:
Tim Cook says that Apple is spending “a tremendous amount of time and effort” on AI features and the company plans to detail its ongoing work “later this year”  —  Tim Cook says that Apple is spending “a tremendous amount of time and effort” on AI features that will be announced in the coming months.
Apple:
Apple reports Q1 revenue up 2% YoY to $119.6B, net income up 13% to $33.9B, Americas net sales up 2% to $50.4B, and Europe net sales up 10% to $30.4B
Wesley Hilliard / AppleInsider:
Tim Cook says Apple doesn't intend to license Masimo's blood oxygen detection patents to end the US' Apple Watch import ban, and is instead “focused on appeal”
Kif Leswing / CNBC:
Apple Q1 revenue: iPhone up 6% YoY to $69.7B, Mac up 1% YoY to $7.78B, iPad down 25% YoY to $7.02B, and Wearables, Home, and Accessories down 11% YoY to $11.95B
Subrat Patnaik / Bloomberg:
Meta's stock rises 20%+, adding ~$200B to its market cap, the biggest single-session market value addition, eclipsing Apple's and Amazon's $190B gains in 2022  —  - Stock also holds record for the biggest wipeout in history  — Shares surge after big earnings beat, buyback, dividend plans
Financial Times:
China-based advertisers now account for 10% of the Meta's annual revenue and contributed 5 percentage points to its total worldwide revenue growth  —  The US group has benefited from huge but unsustainable outlays from Chinese advertisers  —  Facebook, Instagram and WhatsApp may be banned in China.
See also Mediagazer
Andy Greenberg / Wired:
How the EFF, Techdirt, MuckRock, and DDoSecrets are pushing back against legal threats aiming to censor reports on Appin's alleged hacker-for-hire past  —  A loose coalition of anti-censorship voices is working to highlight the legal threats aimed at making reports of one Indian company's hacker-for-hire past disappear.
Rebecca Falconer / Axios:
Former CIA employee Joshua Schulte, who was convicted for leaking secrets to WikiLeaks, was sentenced to 40 years in prison on February 1 for espionage and more  —  A former CIA software engineer who was convicted of carrying out the largest data breach in the agency's history was sentenced …
Gian Volpicelli / Politico:
EU countries strike a deal on the AI Act, after announcing pro-innovation measures and an AI Office; the bill awaits formal approval of EU Parliament  —  The bloc's law to regulate AI overcomes threats of late opposition.  —  Free article usually reserved for subscribers
Jonathan Vanian / CNBC:
Meta's Reality Labs unit generated $1B+ in Q4 revenue but saw a record $4.65B operating loss; the metaverse division has now lost $42B+ since the end of 2020  —  - Meta's Reality Labs unit brought in over $1 billion in fourth-quarter sales but recorded an operating loss of $4.65 billion.
Sarah Perez / TechCrunch:
On Meta's earnings call, Zuckerberg says Apple's changes to comply with the EU's DMA are “so onerous” he doubts any developer, including Meta, would adopt them
Meta:
Meta reports Q4 revenue up 25% YoY to $40.1B, net income up 201% YoY to $14B, and family daily active people up 8% YoY to 3.19B for December 2023
Sarah Perez / TechCrunch:
Mark Zuckerberg says that Threads now has more than 130M MAUs, more than “during its initial launch peak”, and is “growing steadily”
Amazon:
Amazon Q4: revenue up 14% YoY to $170B, net income of $10.6B vs. $0.3B YoY, operating income of $13.2B, and subscription revenue up 14% to $10.5B; AMZN up 5%+
Akash Sriram / Reuters:
Amazon reports Q4 AWS revenue up 13% YoY to $24.2B, vs. $24.26B est., and operating income of $7.2B, up from $5.2B YoY

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Common mistakes to avoid when implementing an intranet  —  Implementing an intranet can improve communication and make information easier to access across your organization.  But without the right approach …
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From Mediagazer

Katie Robertson / New York Times:
Baltimore Banner parent The Venetoulis Institute for Local Journalism acquires the Pittsburgh Post-Gazette from Block Communications to run it as a nonprofit

Patrick Wintour / The Guardian:
Kuwait arrested journalist Ahmed Shihab-Eldin on March 3; many Gulf states are using anti-terror laws to restrict coverage of infrastructure attacks

Patrick Coffee / Wall Street Journal:
An NBCU executive says Nielsen's monthly report, the Gauge, overestimates streaming viewership and differs from the Big Data + Panel report, confusing marketers

More News

Sergiu Gatlan / BleepingComputer:
The FTC settles with Blackbaud, ordering the cloud software company to delete consumers' data and boost security after a May 2020 data breach affected millions
Asa Fitch / Wall Street Journal:
Intel delays the construction of its $20B Ohio chip fabs amid a slow rollout of US government grant money; sources: the fabs are now set to finish in late 2026

Earlier Picks

Sergiu Gatlan / BleepingComputer:
Cloudflare says it was hacked in November 2023 by a suspected “nation state attacker” who used auth tokens stolen in Okta's breach from October 2023
Ron Amadeo / Ars Technica:
Google's fix for a Pixel phone storage bug, the second one in the past four months, is a very technical manual process requiring access to developer tools
Sarah Perez / TechCrunch:
Amazon launches Rufus, an AI-powered shopping assistant trained on its product catalog and information from around the web, in beta for some US customers
Andrew J. Hawkins / The Verge:
Google plans to roll out a Google Maps feature that uses LLMs to analyze its data on 250M+ places and community insights to recommend places, starting in the US
Kyle Wiggers / TechCrunch:
Google debuts ImageFX, an AI image generator underpinned by Imagen 2, with “expressive chips”, or keyword suggestions, and brings Imagen 2 to Vertex AI and Bard
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