China-based advertisers account for 10% of Meta's annual revenue.
confirmed 1 article 2024-02-03
China-based advertisers Meta
China-based advertisers now account for 10% of Meta's annual revenue and contributed 5 percentage points to its total worldwide revenue growth
Financial Times · 2024-02-03 · #14
Ben Armstrong lost a substantial portion of his wealth.
confirmed 1 article 2024-02-03
Ben Armstrong BitBoy wealth
The rise and fall of Ben Armstrong, aka BitBoy, who was one of the most popular crypto YouTubers, lost much of his wealth, and now faces personal turmoil
New York Times · 2024-02-03 · #8
El Salvador is experiencing liquidity problems, rising public debt, increased extreme poverty, and higher hunger levels.
confirmed 1 article 2024-02-03
El Salvador
Nayib Bukele doubles down on BTC despite El Salvador's economic woes and IMF asking for BTC's removal as legal tender; 88% of citizens didn't use BTC in 2023
Reuters · 2024-02-03 · #19
Meta reports Q4 2023 revenue up 25% year-over-year to $40.1 billion.
confirmed 1 article 2024-02-02
Meta
Meta reports Q4 revenue up 25% YoY to $40.1B, net income up 201% YoY to $14B, and family daily active people up 8% YoY to 3.19B for December 2023
Meta · 2024-02-02 · #10
The Ohio chip fab project is described as a $20 billion investment.
rumored 1 article 2024-02-02
Intel $20 billion
Intel delays the construction of its $20B Ohio chip fabs amid a slow rollout of US government grant money; sources: the fabs are now set to finish in late 2026
Wall Street Journal · 2024-02-02 · #39
The reported delay is tied to a slow rollout of US government grant money (Chips Act funding) that Intel was awaiting.
rumored 1 article 2024-02-02
Intel US government grant money Chips Act funding
Intel delays the construction of its $20B Ohio chip fabs amid a slow rollout of US government grant money; sources: the fabs are now set to finish in late 2026
Wall Street Journal · 2024-02-02 · #39
Paytm shares fell 20% on February 1 and another 20% on February 2, resulting in a $2.1B decline in market capitalization over two days.
confirmed 1 article 2024-02-02
Paytm shares
Paytm shares fell 20% on February 2, after falling 20% on February 1, as the company reels from the RBI clampdown; Paytm lost $2.1B in market cap in two days
TechCrunch · 2024-02-02 · #36
OpenSecrets reports those organizations spent over $957 million on AI and other issues in 2023.
confirmed 1 article 2024-02-02
OpenSecrets $957M+
Independent labels, including groups behind Adele and Phoebe Bridgers, say that paying more for higher-quality spatial audio tracks would disproportionately benefit larger record companies.
rumored 1 article 2024-02-02
some independent record labels groups behind Adele groups behind Phoebe Bridgers larger record companies Apple's spatial audio payment plan
Sources: some independent record labels are pushing back on Apple's plans to pay more for spatial audio tracks, saying it benefits larger record companies
Financial Times · 2024-02-02 · #26
After his release, Bowser is struggling to make rent while beginning to pay his fine.
confirmed 1 article 2024-02-02
Gary Bowser
A profile of Gary Bowser, a 54-year-old programmer who was sentenced in 2022 for 40 months in prison for pirating games and ordered to pay $14.5M to Nintendo
The Guardian · 2024-02-02 · #25
Amazon reports Q4 International sales of $40.2B, up 17% year-over-year.
confirmed 1 article 2024-02-02
Amazon $40.2B up 17% YoY
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
CNBC · 2024-02-02 · #24
Amazon reports Q4 ad revenue of $14.7B, up 27% year-over-year, versus a $14.2B estimate.
confirmed 1 article 2024-02-02
Amazon $14.7B vs $14.2B est. up 27% YoY
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
CNBC · 2024-02-02 · #24
Quest 3's launch-quarter revenue was about 50% higher than Quest 2's, indicating strong growth in Meta's VR sales.
confirmed 1 article 2024-02-02
Meta Quest 3 Quest 2
Meta's Reality Labs unit generated $1B+ in Q4 revenue but saw a record $4.65B operating loss; the metaverse division has now lost $42B+ since the end of 2020
CNBC · 2024-02-02 · #12
Amazon reports Q4 revenue up 14% year-over-year to $170.0 billion.
confirmed 1 article 2024-02-02
Amazon
Amazon Q4: revenue up 14% YoY to $170B, net income of $10.6B vs. $0.3B YoY, operating income of $13.2B, and subscription revenue up 14% to $10.5B; AMZN up 5%+
Amazon · 2024-02-02 · #22
Apple (Tim Cook) says that, excluding foreign exchange effects, iPhone revenue in mainland China was down mid-single digits.
confirmed 1 article 2024-02-02
Apple mainland China
Apple reports Q1 sales in Greater China fell 13% YoY to $20.82B, vs. $23.5B est., its weakest Q1 in the region since Q1 2020, amid cooling consumer spending
Bloomberg · 2024-02-02 · #7
Apple reports Q1 sales in Greater China fell 13% year-over-year to $20.82B, below the $23.5B estimate.
confirmed 1 article 2024-02-02
Apple Greater China
Apple reports Q1 sales in Greater China fell 13% YoY to $20.82B, vs. $23.5B est., its weakest Q1 in the region since Q1 2020, amid cooling consumer spending
Bloomberg · 2024-02-02 · #7
Apple reports an all‑time record Services revenue for fiscal Q1 2024.
confirmed 1 article 2024-02-02
Apple Services
Apple Q1 revenue: iPhone up 6% YoY to $69.7B, Mac up 1% YoY to $7.78B, iPad down 25% YoY to $7.02B, and Wearables, Home, and Accessories down 11% YoY to $11.95B
CNBC · 2024-02-02 · #6
Apple reports net income of $33.9 billion for fiscal Q1 2024 on $119.6 billion in revenue.
confirmed 1 article 2024-02-02
Apple
Apple Q1 revenue: iPhone up 6% YoY to $69.7B, Mac up 1% YoY to $7.78B, iPad down 25% YoY to $7.02B, and Wearables, Home, and Accessories down 11% YoY to $11.95B
CNBC · 2024-02-02 · #6
Apple reports total revenue of $119.6 billion for Q1 2024, up 2% year‑over‑year.
confirmed 1 article 2024-02-02
Apple Q1 2024
Apple Q1 revenue: iPhone up 6% YoY to $69.7B, Mac up 1% YoY to $7.78B, iPad down 25% YoY to $7.02B, and Wearables, Home, and Accessories down 11% YoY to $11.95B
CNBC · 2024-02-02 · #6
Apple's Wearables, Home and Accessories revenue in Q1 fell 11% year‑over‑year to $11.95 billion.
confirmed 1 article 2024-02-02
Apple Wearables, Home and Accessories
Apple Q1 revenue: iPhone up 6% YoY to $69.7B, Mac up 1% YoY to $7.78B, iPad down 25% YoY to $7.02B, and Wearables, Home, and Accessories down 11% YoY to $11.95B
CNBC · 2024-02-02 · #6
Amazon reports Q4 operating income of $13.2 billion (highest quarterly operating profit ever).
confirmed 1 article 2024-02-02
Amazon
Amazon Q4: revenue up 14% YoY to $170B, net income of $10.6B vs. $0.3B YoY, operating income of $13.2B, and subscription revenue up 14% to $10.5B; AMZN up 5%+
Amazon · 2024-02-02 · #22
Amazon reports Q4 North America sales of $105.5B, up 13% year-over-year.
confirmed 1 article 2024-02-02
Amazon $105.5B up 13% YoY
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
CNBC · 2024-02-02 · #24
AWS has accelerated revenue growth for two consecutive quarters and is approaching $100B in annualized revenue.
confirmed 1 article 2024-02-02
Amazon AWS
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
Reuters · 2024-02-02 · #23
AWS Q4 revenue of $24.2B missed the $24.26B consensus estimate (roughly a $60M shortfall).
confirmed 1 article 2024-02-02
Amazon AWS $24.26B estimate
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
Reuters · 2024-02-02 · #23
AWS operating income for Q4 was $7.2B, up from $5.2B year-over-year.
confirmed 1 article 2024-02-02
Amazon AWS
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
Reuters · 2024-02-02 · #23
Amazon reports AWS Q4 revenue of $24.2B, up 13% year-over-year.
confirmed 1 article 2024-02-02
Amazon AWS
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
Reuters · 2024-02-02 · #23
Apple's iPad revenue in Q1 fell 25% year‑over‑year to $7.02 billion.
confirmed 1 article 2024-02-02
Apple iPad
Apple Q1 revenue: iPhone up 6% YoY to $69.7B, Mac up 1% YoY to $7.78B, iPad down 25% YoY to $7.02B, and Wearables, Home, and Accessories down 11% YoY to $11.95B
CNBC · 2024-02-02 · #6
AWS revenue grew 13% year-over-year in Q4.
confirmed 1 article 2024-02-02
Amazon
Amazon Q4: revenue up 14% YoY to $170B, net income of $10.6B vs. $0.3B YoY, operating income of $13.2B, and subscription revenue up 14% to $10.5B; AMZN up 5%+
Amazon · 2024-02-02 · #22
Amazon's subscription revenue rose 14% year-over-year to $10.5 billion in Q4.
confirmed 1 article 2024-02-02
Amazon
Amazon Q4: revenue up 14% YoY to $170B, net income of $10.6B vs. $0.3B YoY, operating income of $13.2B, and subscription revenue up 14% to $10.5B; AMZN up 5%+
Amazon · 2024-02-02 · #22
Amazon's advertising services revenue increased 27% year-over-year in Q4.
confirmed 1 article 2024-02-02
Amazon
Amazon Q4: revenue up 14% YoY to $170B, net income of $10.6B vs. $0.3B YoY, operating income of $13.2B, and subscription revenue up 14% to $10.5B; AMZN up 5%+
Amazon · 2024-02-02 · #22