Mediagazer: Alphabet reports Google advertising revenue down 4% YoY from $61.2B to $59B, below analyst estimates of $60.4B, and Google Search revenue down 2% YoY to $42.6B (Jon Swartz/MarketWatch)

5:40 PM ET, February 2, 2023

Top News:

Annie Palmer / CNBC:

Amazon reports Q4 advertising services revenue grew 19% YoY to $11.56B, vs. $11.38B est., and subscription services revenue grew 13% YoY to $9.19B — Follow your favorite stocksCREATE FREE ACCOUNT — Amazon reported earnings after the bell. Here are the results. — Earnings: $1.39 per share

Discussion: CNET, Variety, Amazon, Deadline, Reuters, Barron's Online, The Hollywood Reporter and Wall Street Journal, more at Techmeme »

Mia Sato / The Verge:

Some former CNET employees describe Red Ventures breaking down traditional barriers between editorial and advertising and pressuring them to change stories — CNET built a trusted brand for tech reporting over two decades. After being acquired by Red Ventures, staff say editorial firewalls have been repeatedly breached.

TechCrunch:

Twitter plans to discontinue free access to its API starting on February 9, ending support for both v1.1 and v2, and launch a “paid basic tier” instead — Twitter will discontinue offering free access to the Twitter API starting February 9 and will launch a paid version …

Todd Spangler / Variety:

YouTube's ad revenue dropped 7.8% YoY from $8.63B to $7.96B in Q4, below analyst estimates of $8.2B — Alphabet, parent company of Google and YouTube, turned in fourth-quarter 2022 earnings that missed analyst estimates, as YouTube's ad revenue again notched a year-over-year decline.

Discussion: CNBC and The Hollywood Reporter, more at Techmeme »

Ted Johnson / Deadline:

The White House Correspondents' Association announces The Daily Show's Roy Wood Jr. will host its annual dinner on April 29, saying he has “a journalistic eye” — Roy Wood Jr. will be this year's featured entertainer at the White House Correspondents' Association's annual dinner on April 29.

Discussion: Vanity Fair, White House Correspondents …, The Hollywood Reporter, Politico, The Hill, @randallwoodfin, @bevysmith, The Wrap, @tamarakeithnpr, @warondumb, @tiareports, CNN and New York Daily News

Jon Swartz / MarketWatch:

Alphabet reports Google advertising revenue down 4% YoY from $61.2B to $59B, below analyst estimates of $60.4B, and Google Search revenue down 2% YoY to $42.6B — Alphabet Inc.'s stock initially slipped in extended trading Thursday after it missed slightly on revenue and earnings in a ho-hum quarterly result.

Discussion: Alphabet, The Wrap, New York Times, Insider, Reuters, TVNewsCheck, SiliconANGLE and 9to5Google, more at Techmeme »

Todd Spangler / Variety:

Apple's Services segment, which includes Apple TV+ and Apple Music, grew 6.4% YoY in Q1 to $20.8B in revenue, a quarterly record but with slower growth — Apple revenue declined 5% in the year-end 2022 quarter amid iPhone manufacturing disruptions, falling short of Wall Street's sales estimates …

Discussion: The Wrap, Apple Inc., Deadline, @loudmouthjulia, @loudmouthjulia, @loudmouthjulia, 9to5Mac and The Hollywood Reporter, more at Techmeme »

Sarah Scire / Nieman Lab:

Q&A with Holden Foreman, The Washington Post's first accessibility engineer, on his role, improving access for people with disabilities, challenges, and more — “It is definitely stressful to be the first in this new role. I feel deep down like I need to justify its creation with every step that I take."

Discussion: Columbia Journalism Review, @niemanlab, @johnycassidy and Ad Age

Aisha Majid / Press Gazette:

An analysis of 68 news domains: 45 ranked worse in UK Google search results in January 2023 vs. January 2022; those with non-news content saw the biggest gains — Data from SEO experts Sistrix reveals big losses for news domains in organic search in 2022. — News websites saw a significant drop …

Discussion: @pressgazette and @chippy

Karissa Bell / Engadget:

TikTok revamps its account enforcement system, including a new strike system meant to address “repeat offenders”, bringing its policy in line with its peers' — TikTok is trying to make it easier for creators and others to navigate its rules, and understand what's happening to their accounts.

Discussion: TikTok, Gizmodo, TechCrunch and Social Media Today, more at Techmeme »

Mizanur Rahman / Houston Landing:

Houston Landing, a free, independent, nonpartisan, nonprofit, digital-only news outlet, which raised a $20M seed in 2022, announces a spring website launch — More than a year ago, researchers studying local news in the Houston metro area learned something critical to the launch of the Houston Landing.

Discussion: @journalismproj, @john_tedesco, @nicdawes, @mizanur_tx, @mariedennise, @marklisheron, @lmcgaughy and @jcarpenter219

Miami Herald:

McClatchy names Miami Herald and el Nuevo Herald Executive Editor Monica Richardson as VP of News for Large Markets; Alex Mena will replace her in the interim — Monica Richardson, executive editor of the Miami Herald and el Nuevo Herald, has been named vice president of news for large markets for parent company McClatchy.

Discussion: @jimrosicafl, @avqueenbenet, @fitztrubey, @marcosbreton and @rana_cash

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