Amazon Q4: $87.4B revenue, up 21% YoY, net income of $3.3B, up from $3B in Q4 2018, AWS revenue of $9.9B, up from $7.4B in Q4 2018; stock up 9%+
SEATTLE—(BUSINESS WIRE) January 30, 2020—Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its fourth quarter ended December 31, 2019.
IBM CEO Ginni Rometty to step down on April 6, to be replaced by SVP of Cloud and Cognitive Software Arvind Krishna; Jim Whitehurst to become President
- Ginni Rometty has been executive chairman, president and CEO since 2012. — Rometty has been at IBM for almost four decades; the next one has been there for three decades.
The EU Parliament overwhelmingly passes measure pushing for adoption of a common charging standard for mobile devices, which Apple said would stifle innovation
The European Parliament in a landslide vote on Thursday called on the EU Commission to adopt rules that would establish …
Microsoft launches Xbox bug bounty program, will pay rewards up to $20K for vulnerabilities found in the Xbox Live network and services
Microsoft Security Response Center (MSRC) to start accepting vulnerabilities in Xbox gaming platform. — Microsoft announced today the launch …
Apple says its updated Maps are rolling out across the US, with more detailed visuals and new features like Look Around, and coming to Europe later this year
Apple's updated and more detailed Maps experience has now rolled out across the U.S., the company announced this morning.
Avast will shut down its marketing subsidiary Jumpshot following controversy over selling user data to third parties
Avast's CEO said the move is “absolutely the right thing to do.” — Avast is winding down its subsidiary Jumpshot following an explosive investigation into the sale …
Jeff Bezos says Prime now has 150M+ members worldwide, up from 100M that the company announced 21 months ago
Todd Bishop / GeekWire :
Amazon's 2019 taxes: $1B+ in federal income tax expense, $2.4B+ in other federal taxes, $1.6B+ in state and local taxes, and ~$9B sales taxes collected
Monica Nickelsburg / GeekWire :
Facebook Gaming launches a toolkit for creators, letting them remove comments, mute viewers for short periods, or ban people from the stream, in real time
Facebook is launching a dashboard and toolkit for streamers and video makers so they can more easily manage their communities, including viewers who don't follow the rules.
Amazon reports Q4 “other” category revenue, which mostly covers its ad business, of $4.78B, up 41% YoY, and subscriptions services revenue of $5.24B, up 32% YoY
Emil Protalinski / VentureBeat :
Sources: FBI has probed Israeli spyware vendor NSO Group for its possible role in hacks of US residents, companies and intel gathering on governments since 2017
(Reuters) - The FBI is investigating the role of Israeli spyware vendor NSO Group Technologies in possible hacks on American residents …
Profile of Virginia senator Mark Warner, the former telecoms entrepreneur and venture capitalist who is now committed to regulating Big Tech
A former telecoms entrepreneur, the Virginia senator says that saving the industry (and democracy) might mean blowing up Big Tech as we know it. Tweets: @wired , @profgalloway , and @markwarner Tweets...
Google releases OpenSK, an open-source implementation for security keys that supports both FIDO U2F and FIDO2 standards
Sarah O'Rourke / Google Online Security Blog :
Survey of 12,043 US adults: 59% distrust Facebook for political and election news, including 62% of Republicans and 59% of Democrats, while 48% distrust Twitter
Danielle Abril / Fortune :
Moda Operandi, a New York-based online marketplace for luxury fashion, accessories, and home decor, raises $100M co-led by NEA and Apax Partners
Moda Operandi, an online marketplace for luxury fashion, accessories and home decor, is today announcing a high-priced event of its own …
Woman tried for 4 years to get Facebook to remove a business page someone created for her “butthole”; the company removed it only after BuzzFeed wrote about it
This is civic tech: Oh look, here comes UpLink … Tweets: Sheera Frenkel / @sheeraf : So this woman was 15 when someone created a Facebook business page dedicated to... her butthole. She spends ~4 year...
OECD says 137 countries have committed to reach an agreement on a rewrite of international tax rules for tech giants and other multinationals by the end of 2020
The chances of securing a global agreement on a digital levy by the end of the year were revived on Friday after the countries involved agreed …
Nintendo says Switch passed SNES in lifetime sales with 52M+ sold, reports sales of $9.39B and net profit of $1.8B for the nine months ended in December
Dean Takahashi / VentureBeat :
Reports from four analytics companies: Huawei surpassed Apple in 2019 with global smartphone shipments of 241M vs. 198M; Samsung retains its top spot with 298M
> #Apple Becomes World's No.1 Smartphone Vendor in Q4 2019 with 19 percent global market share (Strategy Analytics:) - https://news.strategyanalytics.com/ ...
House subcommittee launches an investigation into dating apps such as Tinder and Bumble for allegedly allowing minors and sex offenders to use their services
Barbara Ortutay / Associated Press :
Practice Fusion, which offers free, ad-supported health records software to doctors, agrees to pay $145M DOJ fine for its role in boosting opioid prescriptions
and the fact that this practice went on until 2019, years after the opioid crisis had become a full-blown national crisis, make it even more scandalous. https://www.bloomberg.com/... via @technology E...
Social Captain, which helps boost follower counts on Instagram, exposes thousands of Instagram passwords in its web page source code
Zack Whittaker / TechCrunch :
European mobile consumers spent ~$11.2B across App Store and Google Play in 2019, up 18.9% YoY, accounting for 13.5% of global app revenue, which exceeded $83B
European mobile consumers spent an estimated $11.2 billion across the App Store and Google Play during 2019, Sensor Tower Store Intelligence data shows.
Pitch deck details Column, a paid social network centered on tech/business notables, with Aron Ping D'Souza as CEO; investor Sarah Cone later said she was CEO
unsolicited and without any indication that it was confidential or embargoed—two weeks ago in an attempt to have this publication as a prospective partner.” https://www.technologyreview.com/ ... @tech...
OpenAI says it will migrate to Facebook's PyTorch machine learning framework for future projects, eschewing Google's TensorFlow platform
We are standardizing OpenAI's deep learning framework on PyTorch. Matt Asay / InfoWorld : Interested in machine learning? Better learn PyTorch Tweets: @openai : We're standardizing OpenAI's deep learn...
Americans spent $170 on average on streaming TV services in 2019, a 30% increase since 2017, when they spent $130
Brian X. Chen / New York Times : Tweets: @abnormalreturns , @karlbode , and @michellemanafy Tweets: Tadas Viskanta / @abnormalreturns : Some additional info on doing a ‘subscription audit’: https://w...
EA reports Q3 revenues of $1.98B, beating expectations, on growth of its live services to $993M, up 27% YoY; net income is expected to be $2.93B for 2019
Dean Takahashi / VentureBeat :
Shopify's new AI commerce stack
Their VP of Product digs into just-launched products to help entrepreneurs and developers build with the latest AI and tech.
Email fatigue is real: Here's how smart email tools help you regain control
Picture this: It's Monday morning. You walk into the office feeling energized and ready to take on the week.
Protecting your Cloud Applications Data
Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.