Journals

Jonathan Vanian / CNBC: Meta’s Reality Labs unit had revenue of $1B in Q4 but had a record operating loss of $4.65B; the metaverse division has now lost over $42B since the end of 2020  —  – Meta’s Reality Labs… Read More »Meta’s Reality Labs unit had revenue of $1B in Q4 but had a record operating loss of $4.65B; the metaverse division has now lost over $42B since the end of 2020 (Jonathan Vanian/CNBC)

Apple: Apple reports Q1 revenue up 2% YoY to $119.6B, net income up 13% to $33.9B, Americas sales up 2% to $50.4B, Europe sales up 10% to $30.4B  —  Services revenue reaches new all-time record EPS up 16 percent to… Read More »Apple reports Q1 revenue up 2% YoY to $119.6B, net income up 13% to $33.9B, Americas sales up 2% to $50.4B, Europe sales up 10% to $30.4B (Apple)

Akash Sriram / Reuters: Amazon reports Q4 AWS revenue up 13% YoY to $24.2B, vs. $24.26B est., and operating income of $7.2B, up from $5.2B YoY  —  Amazon.com (AMZN.O) beat fourth-quarter revenue expectations on Thursday on robust growth in online… Read More »Amazon reports Q4 AWS revenue up 13% YoY to $24.2B, vs. $24.26B est., and operating income of $7.2B, up from $5.2B YoY (Akash Sriram/Reuters)

Annie Palmer / CNBC: Amazon reports Q4 ad revenue up 27% YoY to $14.7B, vs. $14.2B est., North America sales up 13% YoY to $105.5B, and International sales up 17% YoY to $40.2B  —  – Amazon reported fourth-quarter earnings and… Read More »Amazon reports Q4 ad revenue up 27% YoY to $14.7B, vs. $14.2B est., North America sales up 13% YoY to $105.5B, and International sales up 17% YoY to $40.2B (Annie Palmer/CNBC)

Sarah Perez / TechCrunch: Amazon launches Rufus, an AI-powered shopping assistant trained on its product catalog and information from around the web, in beta for some US customers  —  Amazon announced today the launch of an AI-powered shopping assistant it’s… Read More »Amazon launches Rufus, an AI-powered shopping assistant trained on its product catalog and information from around the web, in beta for some US customers (Sarah Perez/TechCrunch)

The Information: Sources: fabless semiconductor startup Astera Labs is meeting with prospective investors ahead of a potential March IPO; Astera was valued at $3.15B in 2022  —  A little-known startup that sells crucial data center components to customers like Amazon… Read More »Sources: fabless semiconductor startup Astera Labs is meeting with prospective investors ahead of a potential March IPO; Astera was valued at $3.15B in 2022 (The Information)

Jim Edwards / Press Gazette: Google plans to limit news publishers to tracking users across five of their own websites under its Privacy Sandbox, which is set to replace third-party cookies  —  Details have emerged of how Google’s Privacy Sandbox… Read More »Google plans to limit news publishers to tracking users across five of their own websites under its Privacy Sandbox, which is set to replace third-party cookies (Jim Edwards/Press Gazette)

David Pierce / The Verge: The Browser Company unveils new features for its Arc desktop browser, including Arc Explore, a desktop version of Arc Search’s “browse for me”, and Live Folders  —  Only a few days after releasing an AI-powered… Read More »The Browser Company unveils new features for its Arc desktop browser, including Arc Explore, a desktop version of Arc Search’s “browse for me”, and Live Folders (David Pierce/The Verge)

Scott Stein / CNET: Meta rolls out the v62 software update for Meta Quest, adding support for Apple’s spatial video playback, PlayStation controllers, and more  —  An update announced today folds in a way to play back Apple’s new 3D… Read More »Meta rolls out the v62 software update for Meta Quest, adding support for Apple’s spatial video playback, PlayStation controllers, and more (Scott Stein/CNET)

James Hunt / The Block: The US EIA plans to begin surveying crypto miners’ electricity use next week; the EIA cited bitcoin rising 50% in recent months as an emergency justification  —  – The Energy Information Administration will begin surveying… Read More »The US EIA plans to begin surveying crypto miners’ electricity use next week; the EIA cited bitcoin rising 50% in recent months as an emergency justification (James Hunt/The Block)