Apple reports Q1 revenue down 5% YoY to $117.2B, marking its largest annual quarterly revenue decline since 2016, and net income down 13% YoY to $30B
Installed base crosses 2 billion active devices and hits all-time high for all major product categories — Services set new all-time revenue record
Apple Q1 revenue: iPhone down 8% YoY to $65.8B, Mac down 29% YoY to $7.7B, iPad up 30% YoY to $9.4B, and Wearables, Home, and Accessories down 8% YoY to $13.5B
Follow your favorite stocksCREATE FREE ACCOUNT — Apple missed expectations for revenue, profit, and sales for many of its lines …
Alphabet reports Q4 revenue up 1% YoY to $76B, net income down 34% YoY to $13.6B, Google Cloud revenue up 32% YoY to $7.3B, and employees up 22% YoY to 190,234
up 32% YoY. It also cut its losses significantly, from $890M to $480M. https://www.cnbc.com/... Anthony DeRosa / @anthony : Alphabet earnings: MISS on both top and bottom. The company's stock dropped ...
Apple reports Q1 Services revenue up 6% YoY to $20.8B and says its install base crossed 2B active devices, up from 1.8B devices the company reported in Q1 2022
Michael Potuck / 9to5Mac :
Sundar Pichai says Google will make LLMs like LaMDA available “in the coming weeks and months”, and users will be able to use them “as a companion to search”
Google parent Alphabet Inc. reported fourth-quarter results that narrowly missed analysts' expectations …
Twitter ending free API access could have the unfortunate side effect of effectively killing off many useful bots like @MakeItAQuote, @BigTechAlert, and more
“I'm not paying a dime to Elon lol.” — Pranav Dixit — One of the most popular bots on Twitter is @MakeItAQuote, which has more than 565,000 followers.
Tim Cook says iPhone revenue would have grown without supply constraints, currency fluctuations were a challenge, and layoffs are a “last resort kind of thing”
Revenue in holiday quarter fell for the iPhone maker for the first time in nearly four years
Amazon Q4: revenue up 9% YoY to $149.2B, net income down 98% YoY to $278M, AWS revenue up 20% YoY to $21.4B, and employees down 4% to 1.54M; stock is down 5%+
Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its fourth quarter ended December 31, 2022. Fourth Quarter 2022
Twitter plans to discontinue free access to its API starting on February 9, ending support for both v1.1 and v2, and launch a “paid basic tier” instead
This week I spent too many minutes watching Nothing, Forever, which is a Twitch stream that runs 24/7. Mastodon: Kate Starbird / @katestarbird@mstdn.social : Looks like Twitter is eliminating free acc...
Alphabet reports its “Other Bets” lost $1.63B in Q4, up 12% YoY from $1.45B, on $226M revenue, up 25% YoY from $181M
Jennifer Elias / CNBC :
Apple reports Q1 revenue in Greater China fell 7.3% YoY to $23.9B, revenue in Japan fell 5% to $6.8B, and revenue in the rest of Asia-Pacific fell 2.8% to $9.5B
Yifan Yu / Nikkei Asia :
YouTube's ad revenue dropped 7.8% YoY from $8.63B to $7.96B in Q4, below analyst estimates of $8.2B
Todd Spangler / Variety :
Documents offer a look at the four men, including a former child actor, who control ~86% of Tether Holdings, incorporated in 2014, and their ties to Bitfinex
The stablecoin has become a lucrative business at center of crypto economy — Tether Holdings Ltd. operates a $68 billion stablecoin …
Alphabet reports Google advertising revenue down 4% YoY from $61.2B to $59B, below analyst estimates of $60.4B, and Google Search revenue down 2% YoY to $42.6B
Jon Swartz / MarketWatch :
A former employee of IoT manufacturer Ubiquiti pleaded guilty to stealing gigabytes of confidential data in December 2020 and extorting the company for ransom
Nickolas Sharp, a former Ubiquiti employee who managed the networking device maker's cloud team, pled guilty today …
Activision Blizzard to pay $35M to the SEC to settle claims it violated federal whistleblower protections and failed to maintain adequate disclosure standards
- Activision Blizzard will settle with the SEC for $35 million, over claims that the company violated federal whistleblower protections …
As the spat between Binance and WazirX escalates, Binance invites the Indian exchange to withdraw its assets held in Binance wallets after February 3
The solution ostensibly ends worries about what would happen to customer funds if Binance and WazirX end their collaboration.
Amazon reports Q4 advertising services revenue grew 19% YoY to $11.56B, vs. $11.38B est., and subscription services revenue grew 13% YoY to $9.19B
Annie Palmer / CNBC :
Inside ChatGPT's rushed launch, as OpenAI feared that rivals might upstage them; Sam Altman now worries about regulatory backlash and inflated expectations
Even inside the company, the chatbot's popularity has come as something of a shock. — One day in mid-November …
YouTube Shorts has surpassed 50B daily views, up from 30B in April 2022; YouTube began sharing ad revenue with Shorts creators starting February 1
Thomas Maxwell / Insider :
Sources: FTC is preparing an antitrust lawsuit against Amazon, though the timing remains in flux, and is scrutinizing Amazon Prime's bundling practices
Federal Trade Commission considers challenge to array of practices by Amazon, a target of criticism from Chair Lina Khan
Sources: Google invested $300M in Anthropic, taking a 10% stake in the generative AI startup and requiring it to spend the money on Google Cloud
Cash-for-computing deal shows how large tech groups are investing in companies at the vanguard of generative AI
Source, document, and emails: PepsiCo and Anheuser-Busch have committed to spending $3M+ and $2.4M, respectively, on Twitter takeover ads during the Super Bowl
After weeks of turmoil and layoffs, Twitter's sales team in recent weeks has reorganized to focus more on big advertisers …
TikTok's playbook to win DC's trust, like touring its Transparency and Accountability Center in California, echoes Huawei's unsuccessful US and Europe strategy
and Some Want to Ban It Entirely Sapna Maheshwari / New York Times : Democrat Senator Michael Bennet calls on Apple and Google to ban TikTok from their app stores Makena Kelly / The Verge : Apple and ...
Qualcomm reports Q1 revenue down 12% YoY to $9.46B, net income down 34% YoY to $2.24B, and Q2 2023 revenue guidance between $8.7B and $9.5B, vs. $9.55B est.
Jordan Novet / CNBC :
Sources: US prosecutors in the DOJ's fraud unit are investigating California-based bank Silvergate over hosting accounts tied to FTX and Alameda Research
Tom Schoenberg / Bloomberg :
Sources: Apple decided not to replace departing VP of Industrial Design Evans Hankey; its group of ~20 industrial designers will report to COO Jeff Williams
Sony introduces Discord voice calls in beta for the PlayStation 5 in the US, Canada, Japan, and the UK, adds Variable Refresh Rate support for 1440p, and more
Tom Warren / The Verge :
Some US emergency services operators say they are inundated with false calls placed by the Apple Watches or iPhone 14s of skiers and other fitness enthusiasts
911 dispatchers are buried under an avalanche of false, automated distress calls from skiers and other Apple device owners who are very much alive. Tweets: @rwcarpenterphd , @dannygroner , @adrianweck...
A group of MEPs launches a website for European parliament staff and EU officials to warn about “shady lobbying” by Big Tech companies and other interest groups
Jennifer Rankin / The Guardian :
Bitcoin miner Marathon Digital sold 1,500 BTC in January 2023, its first BTC sale, amid a crypto rally, to cover some expenses; Marathon still holds ~11,418 BTC
Aoyon Ashraf / CoinDesk :
YouTube rolls out Go Live Together, a feature that lets creators with 50 or more subscribers co-host livestreams with one guest at a time, on iOS and Android
Jess Weatherbed / The Verge :
Two days after approving decentralized social network Damus, Apple complies with China's ask to remove the app from the App Store in China for “illegal” content
Rita Liao / TechCrunch :
Amazon reports spending $16.6B on content in 2022, up 28% YoY, of which about $7B went to originals, live sports, and licensed content included with Prime
Alex Weprin / The Hollywood Reporter :
Amazon, Meta, Alphabet, and Microsoft will collectively incur $10B+ in charges related to 50,000 job cuts, real estate changes, and other cost saving measures
Dave Lee / Financial Times :
TikTok revamps its account enforcement system, including a new strike system meant to address “repeat offenders”, bringing its policy in line with its peers'
Neko Health, founded by Daniel Ek and Watty founder Hjalmar Nilsonne, comes out of stealth, and says it is developing an AI-powered full body scanner
Dan Taylor / Tech.eu :
Docs: Verily's revenue grew to $470M in the first nine months of 2022, up from $228M YoY, making the company Alphabet's second biggest subsidiary by revenue
Ex-staffers say Google's Jigsaw saw its workforce of 50 cut by at least 20 and fear Google is phasing out the altruistic division as it isn't profit oriented
Let us recall that Gmail is similarly ‘altruistic’... Tweets: Drew Olanoff / @yoda : cool now we're getting rid of the people running projects to protect us. https://twitter.com/... Thomas Brewster / ...
Twitter expands Blue to Saudi Arabia, France, Germany, Italy, Portugal, and Spain, and plans to launch a new Spaces tab with curated audio rooms and podcasts
Ivan Mehta / TechCrunch :
Brookfield's $15B commitment to help finance Intel's Arizona complex may drive private equity firms' infrastructure funds to reassert US chip competitiveness
Portside, which makes software to help businesses manage aviation operations, raised a $50M Series B led by Insight Partners, bringing its total funding to $70M
Kyle Wiggers / TechCrunch :
Shopify: Revolutionizing Commerce with Winter Edition '26
Over 150+ new features transform how merchants build, design, and grow—with technology that amplifies creative vision.
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.