News

Foo Yun Chee / Reuters: Trade group CISPE, representing Amazon and 26 EU cloud providers, is working with Microsoft to try to resolve EU antitrust concerns over its licensing practices  —  Microsoft (MSFT.O) is in talks with CISPE in an… Read More »Trade group CISPE, representing Amazon and 26 EU cloud providers, is working with Microsoft to try to resolve EU antitrust concerns over its licensing practices (Foo Yun Chee/Reuters)

Rohan Goswami / CNBC: Roblox reports Q4 revenue up 30% YoY to $749.9M, bookings up 25% YoY to a record $1.1B, DAUs up 22% YoY to 71.5M, and $2.8B in 2023 revenue; RBLX jumps 13%+  —  – Roblox reported results… Read More »Roblox reports Q4 revenue up 30% YoY to $749.9M, bookings up 25% YoY to a record $1.1B, DAUs up 22% YoY to 71.5M, and $2.8B in 2023 revenue; RBLX jumps 13%+ (Rohan Goswami/CNBC)

Vlad Savov / Bloomberg: Alibaba cut ~20K staff during 2023, ending December with 219,260 employees, after cutting roughly the same number in 2022, and bought $9.5B of its stock in 2023  —  – It followed roughly the same reduction in… Read More »Alibaba cut ~20K staff during 2023, ending December with 219,260 employees, after cutting roughly the same number in 2022, and bought $9.5B of its stock in 2023 (Vlad Savov/Bloomberg)

Michael Nuñez / VentureBeat: Apple partners with University of California researchers to release open-source AI model MGIE, which can edit images based on natural language instructions  —  Apple has released a new open-source AI model, called “MGIE,” that can edit… Read More »Apple partners with University of California researchers to release open-source AI model MGIE, which can edit images based on natural language instructions (Michael Nuñez/VentureBeat)

Camilla Hodgson / Financial Times: Uber reports Q4 revenue up 15% YoY to $9.9B, Gross Bookings up 22% YoY to $37.6B, a $1.9B net income, 150M MAUs, and first full-year operating profit of $1.1B  —  Ride-hailing app beats forecasts and… Read More »Uber reports Q4 revenue up 15% YoY to $9.9B, Gross Bookings up 22% YoY to $37.6B, a $1.9B net income, 150M MAUs, and first full-year operating profit of $1.1B (Camilla Hodgson/Financial Times)

Jane Zhang / Bloomberg: Alibaba reports Q3 revenue up 5% YoY to ~$36.7B, net income down to ~$2B, Taobao and Tmall revenue up 2% YoY to ~$18B, and a $25B share buyback; BABA rises ~5%  —  – The move may… Read More »Alibaba reports Q3 revenue up 5% YoY to ~$36.7B, net income down to ~$2B, Taobao and Tmall revenue up 2% YoY to ~$18B, and a $25B share buyback; BABA rises ~5% (Jane Zhang/Bloomberg)

Abner Li / 9to5Google: Google updates Google Maps for Android to overlay the weather and air quality index when browsing the map layer, a feature the iOS app has had for some time  —  Like the iOS app, Google Maps… Read More »Google updates Google Maps for Android to overlay the weather and air quality index when browsing the map layer, a feature the iOS app has had for some time (Abner Li/9to5Google)

Charles Pulliam-Moore / The Verge: Disney+ begins emailing subscribers about new changes to its TOS that will make sharing accounts harder, days after Hulu sent out similar notices  —  Today, Disney Plus began sending out emails informing subscribers about new… Read More »Disney+ begins emailing subscribers about new changes to its TOS that will make sharing accounts harder, days after Hulu sent out similar notices (Charles Pulliam-Moore/The Verge)

Reuters: Sources: Shanghai plans to accelerate approvals for foreign firms wanting to send their local data offshore, a major relaxation of China’s stringent data rules  —  Shanghai plans to accelerate approvals for foreign firms wanting to send their local data… Read More »Sources: Shanghai plans to accelerate approvals for foreign firms wanting to send their local data offshore, a major relaxation of China’s stringent data rules (Reuters)

Kaitlyn Tiffany / The Atlantic: Inside Zuzalu, a co-living experiment organized by Vitalik Buterin in Montenegro in 2023, as the techno-utopian “Network State” concept inspires more projects  —  Silicon Valley has always dreamed of building its own utopias.  Who’s ready… Read More »Inside Zuzalu, a co-living experiment organized by Vitalik Buterin in Montenegro in 2023, as the techno-utopian “Network State” concept inspires more projects (Kaitlyn Tiffany/The Atlantic)