Uber reports Q4 revenue of $4.1B, up 37% YoY, gross bookings of $18.1B, up 28%, and net loss of $1.1B; gross bookings from Uber Eats were $4.37B, up 71% YoY
Revenue of $4.1 billion, growing 37% year-over-year or 39% on a constant currency basis — Rides Adjusted EBITDA of $742 million, with continued margin expansion
Sources: The Trump admin has bought access to a database tracking locations of millions of phones in the US and is using it for immigration and border control
Commercial database that maps movements of millions of cellphones is deployed by immigration and border authorities
Uber's stock rose as much as 10% after hours after the company announced a Q4 loss that was narrower than expected and moved its profitability forecast forward
- Uber's revenue growth picked up in the quarter. — During the fourth quarter, Uber faced tighter regulations impacting …
Instagram has internally prototyped an Instagram Partner Program that will let IGTV creators earn money by showing ads alongside their videos
Instagram may finally let IGTV video makers earn money 18 months after launching the longer-form content hub. Instagram confirms to TechCrunch …
Sources: ViacomCBS is building a new ad-supported streaming service that will build on CBS All Access, and an ad-free version that includes Showtime
- ViacomCBS is preparing to throw its hat into the streaming wars after consummating a merger on Dec. 31.
Google says starting with Chrome 82 in April, it will gradually start blocking “mixed content downloads”, which are non-HTTPS downloads started on secure pages
Today we're announcing that Chrome will gradually ensure that secure (HTTPS) pages only download secure files.
US Attorney General William Barr says the US and its allies should consider investing in Nokia and Ericsson to counter Huawei
WASHINGTON (Reuters) - U.S. Attorney General William Barr on Thursday stressed the threat posed by Huawei Technologies and said the United States and its allies …
For the first time, Netflix details the government takedown requests it's received, says it's removed 9 pieces of content around the world since it was founded
Netflix has taken down just 9 pieces of content around the world in response to written government requests since it was founded 23 years ago …
FCC announces proposals to pay satellite companies $9.7B to quickly free up C-band spectrum for 5G, and another $3.3B-$5.2B to pay for costs
Listen — Intelsat SA and other satellite providers would share as much as $14.9 billion under a proposal from federal regulators to compensate …
Netflix says users can now turn off the autoplay preview feature on its homepage
here's how Alex Cranz / Gizmodo : At Long Last, Our Netflix Autoplay Nightmare Is Over Brett Molina / USA Today : Netflix now lets you disable autoplay previews. Here's how to set it up. Stephanie Sen...
64-core AMD Threadripper 3990X CPU review: great for rendering and scientific computing but has the same performance as AMD's 32-core CPU for other applications
The recent renaissance of AMD as the performance choice in the high-end x86 market has been great for consumers, enabling a second offering at the top-end of the market. Thanks: @anandtech
Facebook and Google seek FCC permission to activate a portion of the PLCN undersea cable, excluding Hong Kong and China's section amid ongoing regulatory battle
Tech giants' high-speed internet link to Hong Kong has become politically toxic — Google and Facebook seem to have resigned themselves …
NYSE owner Intercontinental Exchange abandons potential eBay takeover deal after a backlash from investors
Investors had pushed back against move to acquire e-commerce company — The parent company of the New York Stock Exchange abandoned its pursuit of eBay Inc. EBAY 2.36% …
Huawei says it does not include backdoors into its products, including HiSilicon, after recent reports of security issues in HiSilicon chips
HiSilicon is a global leading fabless semiconductor and IC design company that is dedicated to providing comprehensive connectivity …
Sources: Elliott Management has quietly built up a $2.5B+ stake in SoftBank and is pushing for changes like stock buybacks and improved corporate governance
Wall Street Journal :
Amazon, Apple, Facebook, Google, and Twitter workers contributed ~$270K to the Bernie Sanders campaign, more than any other presidential candidate, in Q4 2019
Sanders, an avowed democratic socialist, has been highly critical of tech companies. Their employees don't seem to mind. Tweets: @pinboard , @bykowicz , @teddyschleifer , @teddyschleifer , and @teddy...
Nuro receives a two-year driverless exemption for its new delivery vehicle called R2 and says it is the first company to receive such an exemption from NHTSA
the NHSTA just approved their driverless vehicles for deployment, the first time they've approved a vehicle that doesn't hit all current auto-safety standards https://www.reuters.com/...
SEC commissioner proposes a three-year grace period from a startup's first token sale to achieving a level of decentralization sufficient to pass SEC evaluation
it wld need coordination w/ states tho, bc SEC has no jurisdiction over property that's not securities—that's states' jurisdiction. During grace period tokens wld be property (not securities necessari...
Bangalore-based education app Byju's raises a round from General Atlantic, which, source says, invested $200M, following a $200M raise from Tiger Global in Jan.
Indian education firm Byju's said on Friday that General Atlantic, an existing investor in the startup, has pumped additional money …
HouseCanary, which develops software to automate residential real estate valuations, raises $65M Series C, bringing its total raised to $130M
Series C funding round grows fintech's total funding to $130 million — It seems that investors have some interest in automating real estate appraisals.
Strategy Analytics: Apple shipped 30.7M Watches globally in 2019, up 36% YoY, outselling entire Swiss watch industry, which shipped 21.1M units, down 13% YoY
though he chose a much bolder term for “trouble” to express how he thought the watchmaking nation might be in a tough predicament when Apple's watch comes out.” 2019: https://twitter.com/... Kontra / ...
Apple, Microsoft, Alphabet, Amazon, and Facebook account for ~18% of the S&P 500 index by market value
NEW YORK (AP) — Now that they've already taken over our lives, big tech companies are taking over the stock market. — The five biggest U.S. stocks — Apple, Microsoft … Tweets: @benbajarin and @whatt...
Sources: Xiaomi, Huawei, Oppo, and Vivo are creating a platform to let developers outside China upload apps onto all of their app stores simultaneously
David Kirton / Reuters :
Cepton Technologies, which develops lidar sensors for automotive applications, raises over $50M Series C led by automotive lighting system developer Koito
Cepton Technologies announced that it has raised over US$50 million in Series C funding. This brings Cepton's total funding …
Appeals court declines to reconsider a ruling upholding the FCC's repeal of net neutrality rules, rejecting requests from over a dozen states and tech groups
(Reuters) - A U.S. appeals court said late on Thursday it will not reconsider an October ruling that largely upheld the repeal …
Blockchain data management startup Fluree says it has signed a contract with US Air Force to securely share data within the military and with US allies
The US Air Force has signed a contract with blockchain data management company Fluree to more securely track and share information within the military.
Twitter Q4: revenue of $1.01B, up 11% YoY, net income of $119M, down from $255M in Q4 2018, monetizable DAU of 152M compared to 126M a year ago
so what does this mean for the company? “It gives us an opportunity to demonstrate how decentralization works,” CFO Ned Segal says about the move. https://www.cnbc.com/... https://twitter.com/... Stev...
Pinterest Q4: revenue of $400M, up 46% YoY and net loss of $36M with global MAUs up 26% YoY to 335M; net loss for 2019 was $1.3B; stock up 11%+
Amal S / Reuters :
Sweat Equity Ventures, which trades operational and recruiting expertise for equity instead of cash, launches publicly, backed by $30M from Reid Hoffman
Biz Carson / protocol :
Apple adds universal purchases for iOS and macOS apps to the Xcode 11.4 beta, letting developers bundle apps
Juli Clover / MacRumors :
Amazon says it plans to expand its headcount in Bellevue, WA to more than 15,000, an increase of more than 7x over the 2,000 Amazon staff in the city today
Job creation and investment … Benjamin Romano / The Seattle Times : Amazon's big Bellevue ambition: 15,000 employees within a few years Tyler Sonnemaker / Business Insider : Amazon plans to create 15,...
Google to increase its workforce in Canada from 1,500 to 5,000 by 2022, as it expands hiring at its Stadia gaming studio in Montreal and other offices
Vipal Monga / Wall Street Journal : Tweets: @turnbullwhitby , @ellemen12027885 , @carnage4life , @one_two_sree , and @saraheneedleman Tweets: Ryan Turnbull / @turnbullwhitby : The Canadian economy co...
Huawei is suing Verizon, accusing it of using 12 patents relating to its network technology without authorization
Sam Byford / The Verge :
Pornhub claims it has systems in place to flag harmful videos like Girls Do Porn but an investigation finds even light editing allows such videos to be uploaded
VICE : Tweets: @lisavaas , @thottonmather , and @carolineha_ Tweets: Lisa Vaas / @lisavaas : We Tried to Get Nonconsensual Porn Off Pornhub https://www.vice.com/... more great work from @vice Thotton...
IoT security company Forescout Technologies says it has agreed to be acquired by private equity firm Advent International in a deal valued at $1.9B
Mike Lennon / SecurityWeek :
Caller ID and spam blocking app Truecaller says it now has 200M MAU, with 150M of those in India, and says it was profitable in Q4 2019 and this January
Manish Singh / TechCrunch : Tweets: @atomico Tweets: @atomico : Congrats to our partnership company @Truecaller on hitting 200m users! 3rd largest app in India after FB & WhatsApp https://techcrunch....
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