Amrita Khalid

Former Reporter

Amrita KhalidJan 30, 2024

Alphabet posted $307.4 billion in revenue for the 2023. It also spent $2.1 billion on layoffs.

Alphabet generated 13 percent more revenue year over year in 2023, according to its fourth-quarter earnings report (PDF) released on Tuesday. You can follow along with execs on the call embedded below, that’s just starting.

The company also said that over the entire year, it spent $2.1 billion on employee-related severance for the layoffs it announced in January 2023. That doesn’t account for the thousand people it let go earlier this month.

Art collective MSCHF is streaming movies like Barbie in ASCII for free

Amrita KhalidJan 30, 2024

Threads is working on its version of trending topics.

Instagram head Adam Mosseri confirmed in a post today that the Threads team is working on “surfacing trends”, so that new feature is definitely on the way.

Last month, leaker Alessandro Paluzzi posted a screenshot of a feature entitled “Today’s topics” that seems similar to X’s “Trending Topics”, which display topics that users are engaging with the most. He said it could also include reviews by specialists, to avoid trends like “Taylor Swift AI.”