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Meta reports $727M Reality Labs revenue in Q4, vs. $715.1M est., a $4.28B operating loss, vs. $4.36B est., a $13.72B loss in 2022, and expects a wider 2023 loss (CNBC)

Meta reports $727M Reality Labs revenue in Q4, vs. $715.1M...

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CNBC:Meta reports $727M Reality Labs revenue in Q4, vs. $715.1M est., a $4.28B operating...

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Meta took a $4.2B restructuring charge in Q4, which included costs for early office space terminations, data center redesigns, and severance for laid-off staff (Mike Isaac/New York Times)

Meta took a $4.2B restructuring charge in Q4, which included...

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Mike Isaac / New York Times:Meta took a $4.2B restructuring charge in Q4, which...

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Meta increases its share repurchase authorization by $40B and says the company bought back $6.91B and $27.93B in stock in Q4 2022 and 2022, respectively (Jordan Novet/CNBC)

Meta increases its share repurchase authorization by $40B...

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Jordan Novet / CNBC:Meta increases its share repurchase authorization by $40B and...

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Netflix says US password sharing rules haven't been set yet and removes rules from its US help page saying users must connect to a "primary Wi-Fi" every 31 days (Emma Roth/The Verge)

Netflix says US password sharing rules haven't been set...

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Emma Roth / The Verge:Netflix says US password sharing rules haven't been set yet...

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Mark Zuckerberg says Meta's management theme for 2023 is the "Year of Efficiency" and emphasizes the company is aiming to "become a leader in generative AI" (Taylor Hatmaker/TechCrunch)

Mark Zuckerberg says Meta's management theme for 2023 is...

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Taylor Hatmaker / TechCrunch:Mark Zuckerberg says Meta's management theme for 2023...

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Microsoft's Teams Premium hits general availability for $10 per user per month; AI-generated notes powered by OpenAI's GPT-3.5 arrive "in the coming months" (Nicole Herskowitz/Microsoft 365 Blog)

Microsoft's Teams Premium hits general availability for...

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Nicole Herskowitz / Microsoft 365 Blog:Microsoft's Teams Premium hits general availability...

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Sources: Netflix told advertisers that sign-ups for its ad tier doubled in January 2023 over December 2022; Netflix predicted 1.75M ad tier subscribers in Q1 (Sahil Patel/The Information)

Sources: Netflix told advertisers that sign-ups for its...

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Sahil Patel / The Information:Sources: Netflix told advertisers that sign-ups for...

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Sources: Tiger Global reduced its latest fund's target size from $6B in October 2022 to $5B; Tiger expected to raise roughly $12.7B, its prior fund size in 2021 (Wall Street Journal)

Sources: Tiger Global reduced its latest fund's target...

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Wall Street Journal:Sources: Tiger Global reduced its latest fund's target size...

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Meta says Facebook had 2B daily active users at the end of Q4, after adding 16M DAUs; WhatsApp crossed 2B daily active users in October 2022 (Karissa Bell/Engadget)

Meta says Facebook had 2B daily active users at the end...

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Karissa Bell / Engadget:Meta says Facebook had 2B daily active users at the end...

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Craft, whose data platform helps supply chain, procurement, and risk managers monitor their networks of suppliers, raised a $32M Series B led by BAM Elevate (Mike Wheatley/SiliconANGLE)

Craft, whose data platform helps supply chain, procurement,...

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Mike Wheatley / SiliconANGLE:Craft, whose data platform helps supply chain, procurement,...

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Kiwi Farms, a forum for online harassment campaigns, has managed to stay online after being dropped by Cloudflare, as posters congregate on Telegram and Discord (Ali Breland/Mother Jones)

Kiwi Farms, a forum for online harassment campaigns, has...

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Ali Breland / Mother Jones:Kiwi Farms, a forum for online harassment campaigns,...

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EA pulls the plug on Apex Legends Mobile and the planned mobile version of its Battlefield franchise, as mobile remains a hard market to crack for the company (Dan Gallagher/Wall Street Journal)

EA pulls the plug on Apex Legends Mobile and the planned...

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Dan Gallagher / Wall Street Journal:EA pulls the plug on Apex Legends Mobile and...

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A US judge dismissed a proposed class action lawsuit accusing Coinbase of selling unregistered securities and failing to register as a broker-dealer (Jonathan Stempel/Reuters)

A US judge dismissed a proposed class action lawsuit accusing...

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Jonathan Stempel / Reuters:A US judge dismissed a proposed class action lawsuit...

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Twitter will end free access to the Twitter API starting February 9, ending support for both v1.1 and v2, and make a paid version available (TechCrunch)

Twitter will end free access to the Twitter API starting...

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TechCrunch:Twitter will end free access to the Twitter API starting February 9,...

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UBS study: ChatGPT reached ~100M MAUs with ~13M daily unique visitors in January, two months after launch, becoming the fastest-growing consumer app ever (Krystal Hu/Reuters)

UBS study: ChatGPT reached ~100M MAUs with ~13M daily unique...

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Krystal Hu / Reuters:UBS study: ChatGPT reached ~100M MAUs with ~13M daily unique...

News
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Gautam Adani fails to calm investors over market mayhem that wiped out billions

Gautam Adani fails to calm investors over market mayhem...

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Indian billionaire Gautam Adani tried to reassure investors on Thursday after he...