Zillow says CEO Spencer Rascoff is stepping down, to be replaced by co-founder and former CEO Rich Barton, as the company announces Q4 earnings
Sara Salinas / CNBC :
Amazon's grave NYC HQ2 mistake: the political landscape changed but the company's playbook didn't
others are disappointed. Diana Budds / Curbed NY : Amazon HQ2 v. NYC is a lesson on the importance of transparency Stephanie Denning / Forbes : Why Amazon's Decision To Pull Out Of NYC Is A Loss Graha...
After Amazon misread New York's politics, pulling out was a typical Bezos power play of belligerently confronting opposition he views as unfair or unjust
And Everyone Lost Paige Leskin / Business Insider : Amazon was having official talks with city officials just the day before it canceled the New York HQ2 Chris Nuttall / Financial Times : Amazon and N...
Alphabet's traffic acquisition costs hit $7.44B for Q4, up from $6.58B in Q3, and ad revenue grew 20% YoY to $32.6B, amid competition from rivals like Amazon
Sara Salinas / CNBC :
Facebook reports Q4 average revenue per user was $7.37, up 21% QoQ and 19% YoY, vs. $7.11 est.; MAUs in Europe and Asia-Pacific rose YoY as N. America was flat
Sara Salinas / CNBC :
Apple's Q1 revenue of $84.3B beat analyst estimates of $83.97B, but iPhone revenue of $51.98B missed analyst estimates of $52.67B; stock up 5%+ after hours
Sara Salinas / CNBC :
After Netflix price hikes, Hulu will lower its base, ad-supported subscription plan to $6/mo, down from $8/mo, and hike its Live TV service to $45/mo on Feb. 26
and lowers its own basic on-demand rate Todd Spangler / Variety : Hulu Hikes Price of Live-TV Bundle to $45 Monthly, Drops VOD Plan With Ads to $6 Leticia Miranda / BuzzFeed News : Hulu Drops The Pric...
Jeff and MacKenzie Bezos announce they are divorcing after 25 years of marriage; MacKenzie worked at Amazon from the beginning
How Podcasts Are Filling a Real Need Kif Leswing / Business Insider : Amazon CEO Jeff Bezos and his wife, MacKenzie, announce they are divorcing Levi Pulkkinen / The Guardian : MacKenzie Bezos: divorc...
Netflix confirms it has hired Spencer Neumann as new CFO; source says Activision Blizzard fired Neumann because he was pursuing another job
Sara Salinas / CNBC :
Source: Netflix to hire Activision Blizzard's Spencer Neumann as its new CFO starting in early 2019; Activision said it intended to fire Neumann in a filing
The Tech Year in Review, As Seen by Data Sheet Readers Sara Salinas / CNBC : Netflix hires Spencer Neumann from Activision Blizzard as new CFO Luke Stangel / Silicon Valley Business Journal : Netflix ...