News

Antonia Mufarech / Bloomberg: Lyft reports Q4 revenue up 4% YoY to $1.2B, net loss of $26.3M, vs. $588.1M YoY, active riders up 10% to 22.4M, and Q1 forecast above est.; LYFT jumps 60%+  —  – Uber rival said it… Read More »Lyft reports Q4 revenue up 4% YoY to $1.2B, net loss of $26.3M, vs. $588.1M YoY, active riders up 10% to 22.4M, and Q1 forecast above est.; LYFT jumps 60%+ (Antonia Mufarech/Bloomberg)

Frederic Lardinois / TechCrunch: Sources: Mozilla plans to scale back its investment in a few products, including its VPN, Relay, and its Online Footprint Scrubber, as it lays off ~60 employees  —  After installing a new interim CEO earlier this… Read More »Sources: Mozilla plans to scale back its investment in a few products, including its VPN, Relay, and its Online Footprint Scrubber, as it lays off ~60 employees (Frederic Lardinois/TechCrunch)

Manya Saini / Reuters: Robinhood reports Q4 net revenue up 24% YoY to $471M, net interest revenue up 41% YoY to $236M, and net income of $30M, vs. a loss of $166M YoY; HOOD jumps 15%+  —  Robinhood Markets (HOOD.O)… Read More »Robinhood reports Q4 net revenue up 24% YoY to $471M, net interest revenue up 41% YoY to $236M, and net income of $30M, vs. a loss of $166M YoY; HOOD jumps 15%+ (Manya Saini/Reuters)

Natalie Lung / Bloomberg: Airbnb reports Q4 revenue up 17% YoY to $2.22B, vs. $2.16B est., Nights and Experiences Booked up 12% YoY to 98.8M, and announces a $6B share buyback  —  – Company says it will buy back up… Read More »Airbnb reports Q4 revenue up 17% YoY to $2.22B, vs. $2.16B est., Nights and Experiences Booked up 12% YoY to 98.8M, and announces a $6B share buyback (Natalie Lung/Bloomberg)

Wall Street Journal: Sources: Walmart is in talks to buy smart TV manufacturer Vizio for more than $2B, as it looks to bolster its advertising business in its battle with Amazon  —  Retail giant discussing a more than $2 billion… Read More »Sources: Walmart is in talks to buy smart TV manufacturer Vizio for more than $2B, as it looks to bolster its advertising business in its battle with Amazon (Wall Street Journal)

Leo Schwartz / Fortune: Source: crypto exchange Bullish paid DCG between $70M and $80M cash for CoinDesk in November 2023; Bullish restructured CoinDesk’s leadership team last week  —  When CoinDesk published a suspicious balance sheet of Sam Bankman-Fried’s trading firm… Read More »Source: crypto exchange Bullish paid DCG between $70M and $80M cash for CoinDesk in November 2023; Bullish restructured CoinDesk’s leadership team last week (Leo Schwartz/Fortune)

Tom Dotan / Wall Street Journal: Copilot for Microsoft 365 testers question the $30/seat price and find Copilot the most useful in Teams and the least in Excel; Dow and others plan big rollouts  —  Artificial-intelligence aide handles email, meetings… Read More »Copilot for Microsoft 365 testers question the $30/seat price and find Copilot the most useful in Teams and the least in Excel; Dow and others plan big rollouts (Tom Dotan/Wall Street Journal)

Vanessa Gera / Associated Press: Polish PM Donald Tusk says state authorities under the previous government used Pegasus spyware illegally against a “very long” list of hacking victims  —  Poland’s new prime minister said Tuesday he has documentation proving that… Read More »Polish PM Donald Tusk says state authorities under the previous government used Pegasus spyware illegally against a “very long” list of hacking victims (Vanessa Gera/Associated Press)

Thomas Brewster / Forbes: In 9+ federal child exploitation cases since 2018, the US said spy cams, sometimes promoted with racy imagery, sold on Amazon or eBay were used to film minors  —  Despite numerous cases of abuse, spy cameras… Read More »In 9+ federal child exploitation cases since 2018, the US said spy cams, sometimes promoted with racy imagery, sold on Amazon or eBay were used to film minors (Thomas Brewster/Forbes)

David Pierce / The Verge: OpenAI rolls out a test of a “memory” feature, which will be on by default and let ChatGPT and custom GPTs remember info about users’ conversations over time  —  Talking to an AI chatbot can… Read More »OpenAI rolls out a test of a “memory” feature, which will be on by default and let ChatGPT and custom GPTs remember info about users’ conversations over time (David Pierce/The Verge)