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Waymo has issued a software fix for its cars, its first recall, after two vehicles crashed into the same towed pickup truck in Phoenix in December 2023 (Sean O’Kane/TechCrunch)

    Sean O’Kane / TechCrunch: Waymo has issued a software fix for its cars, its first recall, after two vehicles crashed into the same towed pickup truck in Phoenix in December 2023  —  Waymo is voluntarily recalling the software that powers… Read More »Waymo has issued a software fix for its cars, its first recall, after two vehicles crashed into the same towed pickup truck in Phoenix in December 2023 (Sean O’Kane/TechCrunch)

    For the first time since 2002, Nvidia ended a trading day with a bigger market value than Amazon, as its market cap reached $1.78T, fueled by the AI boom (Kif Leswing/CNBC)

      Kif Leswing / CNBC: For the first time since 2002, Nvidia ended a trading day with a bigger market value than Amazon, as its market cap reached $1.78T, fueled by the AI boom  —  – Nvidia surpassed Amazon in market… Read More »For the first time since 2002, Nvidia ended a trading day with a bigger market value than Amazon, as its market cap reached $1.78T, fueled by the AI boom (Kif Leswing/CNBC)

      GlobalFoundries reports Q4 revenue down 12% YoY to $1.85B, vs. 1.85B est., net income down 58% YoY to $278M, forecasted sales of $1.52B in Q1, vs. $1.77B est. (Patrick Seitz/Investor’s Business Daily)

        Patrick Seitz / Investor’s Business Daily: GlobalFoundries reports Q4 revenue down 12% YoY to $1.85B, vs. 1.85B est., net income down 58% YoY to $278M, forecasted sales of $1.52B in Q1, vs. $1.77B est.  —  Contract chipmaker GlobalFoundries (GFS) on… Read More »GlobalFoundries reports Q4 revenue down 12% YoY to $1.85B, vs. 1.85B est., net income down 58% YoY to $278M, forecasted sales of $1.52B in Q1, vs. $1.77B est. (Patrick Seitz/Investor’s Business Daily)

        Instacart reports Q4 revenue up 6% YoY to $803M vs. $804M est., plans to lay off ~250 workers, or ~7% of staff; three top execs are leaving for personal reasons (Hayden Field/CNBC)

          Hayden Field / CNBC: Instacart reports Q4 revenue up 6% YoY to $803M vs. $804M est., plans to lay off ~250 workers, or ~7% of staff; three top execs are leaving for personal reasons  —  – Instacart on Tuesday announced… Read More »Instacart reports Q4 revenue up 6% YoY to $803M vs. $804M est., plans to lay off ~250 workers, or ~7% of staff; three top execs are leaving for personal reasons (Hayden Field/CNBC)

          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)

            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)

            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)

              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)

              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)

                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)

                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)

                  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)

                  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)

                    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)

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