Tech Meme

Ian King / Bloomberg: AMD reports Q4 revenue up 24% YoY to $7.66B, Data Center revenue up 69% to $3.86B, vs. $4.09B est., and forecasts Q1 sales of $6.8B to $7.4B, vs. $7.04B est.  —  – Results suggest the chipmaker is still lagging behind Nvidia  — Company fares better in PC market, making gains on Intel Lees verder op Tech Meme

Natalie Lung / Bloomberg: Match Group reports Q4 revenue down 1% YoY to $860M, forecasts Q1 revenue below est., names Zillow co-founder Spencer Rascoff as CEO; MTCH drops 7%+ after hours  —  – Dating company’s first-quarter sales outlook missed estimates  — Bernard Kim steps down as CEO after less than 3 years on job Lees verder op Tech Meme

Brian Heater / TechCrunch: Robotics startup Figure is exiting its Feb. 2024 OpenAI deal, which aimed to develop AI models for robots, to focus on in-house AI after a “major breakthrough”  —  Figure AI founder and CEO Brett Adcock announced Tuesday that the humanoid robotics firm is exiting a deal with OpenAI. Lees verder op Tech Meme

The Information: Sources: Meta is merging the teams behind Facebook and Messenger into one unit and shuffling its generative AI group, as it prepares for layoffs next week  —  Meta Platforms is merging the teams behind Facebook and Messenger into one unit as the company prepares for layoffs across the business next week. Lees verder op Tech Meme

Zaheer Kachwala / Reuters: EA reports Q3 net bookings down 6% YoY to $2.22B vs. $2.32B est., net revenue down 3%, forecasts Q4 bookings below est., and announces a $1B share buyback plan  —  Electronic Arts (EA.O) forecast fourth-quarter bookings below Wall Street expectations on Tuesday, as the videogame publisher grapples … Lees verder op Tech Meme

Associated Press: A US judge says Elon Musk’s claims of harm from OpenAI are a “stretch”, but she wouldn’t stop the case from moving to trial as soon as next year  —  Elon Musk’s lawyers faced off with OpenAI in court Tuesday as a federal judge weighed the billionaire’s request for a court order … Lees verder op Tech Meme

Alphabet Inc: Alphabet Q4: revenue up 12% YoY to $96.47B, net income up 28% to $26.54B, Google Cloud revenue up 30% to $12B, and Google Services revenue up 10% to $84.1B  —  MOUNTAIN VIEW, Calif. – February 4, 2025 – Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter and fiscal year ended December 31, 2024. Lees verder op Tech Meme

Washington Post: Google drops language from its AI Principles that said it would not pursue applications “likely to cause overall harm”, including weapons and surveillance  —  In 2018 the company updated its policies to explicitly exclude applying AI to weapons.  Now that promise is gone. Lees verder op Tech Meme

Todd Spangler / Variety: Alphabet reports YouTube Q4 ad revenue up 14% YoY to $10.47B, vs. $10.23B est., says Google Cloud and YouTube ended 2024 with a $110B annual revenue run rate  —  YouTube, the internet’s biggest streaming video platform, delivered a healthy 13.8% increase in global ad revenue for the year-end 2024 quarter … Lees verder op Tech Meme

Jonathan Vanian / CNBC: Snap reports Q4 revenue up 14% YoY to $1.56B, vs. $1.33B est., global DAUs up 9%, issues light Q1 guidance, names Ajit Mohan as CBO; SNAP jumps 10%+ after hours  —  Snap shares jumped rallied in extended trading on Tuesday after the company reported better-than-expected fourth-quarter results. Lees verder op Tech Meme