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  • ๐Ÿš€ GOOGL & MSFT Ace Earnings ๐Ÿ’ต๐Ÿ““

๐Ÿš€ GOOGL & MSFT Ace Earnings ๐Ÿ’ต๐Ÿ““

PLUS: Netflix is Crushing on K-Dramas ๐Ÿฅฐ๐ŸŽฅ

GM. This is Take Off. We're like that perfectly timed joke at a party - making you laugh, breaking the ice, and keeping the conversation flowing.

Here's what we're serving up today:

  • GOOGL & MSFT Ace Earnings ๐Ÿ’ต๐Ÿ““

  • Netflix is Crushing on K-Dramas ๐Ÿฅฐ๐ŸŽฅ

  • ChatGPT gets Incognito ๐Ÿ‘€๐Ÿ”’

GOOGL & MSFT Ace Earnings ๐Ÿ’ต๐Ÿ““

Earningโ€™s exam season is here and itโ€™s time to check the scorecards. Yesterday was GOOGL and MSFT result day and they passed with flying colors not letting the Wolfs of Wall Street down.

Despite Microsoftโ€™s Bing throwing spitballs at Googleโ€™ search, G remains the valedictorian in search with an ad revenue of $54.5 billion.

The party got so lit at Google that they also announced a $70 billion stock-buyback. Investors quickly RSVP'd, sending shares up as much as 4% before settling down at a 1.6% increase.

Hereโ€™s all the digits you need to know for GOOGL:

  1. Total Revenue: $69.7 Billion (+3%)

  2. Net Income: $15.05 Billion (-8%)

  3. Ad revenue: $54.5 Billion (+0%)

  4. Google Cloud Revenue: $7.4 Billion (+28%)

  5. Youtube Revenue: $6.69 Billion (-7.8%)

Microsoftโ€™s Azure platform has firmly secured a runner-up position in the Cloud wars (second only to AWS) and it performed again with an impressive earnings of $22.1 billion dollars up 27% percent.

Microsoft reported a total revenue of $52.9 billion, beating expectations. The Wolfs loved these results and they shot up the stock by 8.45%.

Hereโ€™s all the digits you need to know for MSFT:

  1. Total Revenue: $52.9 Billion (+7%)

  2. Net Income: $18.3 Billion (+9%)

  3. Cloud Revenue: $22.1 Billion (+16%)

  4. Office Revenue: $17.5 Billion (+11%)

  5. PC Revenue: $13.3 Billion (-9%)

Which stock are you pouring your fortune on?

Netflix is Crushing on K-Dramas ๐Ÿฅฐ๐ŸŽฅ

Netflix just doubled down on their love for South Korean content by announcing a whopping $2.5 billion investment which is 2x what they've spent since 2016.

Clearly, their affair with K-dramas is getting serious!

The Squid Game phenomenon proved that the world is ready for more K-dramas, which had a whopping 111 million viewers in just the first 28 days after its launch.

Image Credits: Statista

Netflix has got big plans for their largest-ever Korean content line-up, featuring over 20 series, a handful of films, reality shows, and even a couple of documentaries.

Netflix (The OG Streaming King) is facing fierce competition from Amazon, HBO, and Disney and theyโ€™re taking out the entire arsenal to remain at the top.

Apart from investing in content, they're also dabbling in an ad-supported tier, slashing prices and cracking down on password sharing.

We are just happy on the K-drama news as our future weekends are gonna look something like this!

ChatGPT gets Incognito ๐Ÿ‘€๐Ÿ”’

Guess what? OpenAI is giving you the power to go full incognito mode with ChatGPT.

Now you can switch off your chat history, so your digital chitchats won't be used to train their AI models. Wait a sec, our convos were being used for training?

Just remember, if you've already chatted with history turned on, those past conversations are still fair game for training.

Yeah, GPT knows you and your darkest secrets!

Want to toggle off that chat history? Just go to settings and hit that button.

Image Credits: OpenAI

GPT is also donning a suit and tie for their Business plan that lets you keep your chat history AND opts you out of using your conversations as training data.

So, go ahead and enjoy your newfound chat privacy! Just don't forget where you left that toggle switch.

โ˜„๏ธ Asteroids โ˜„๏ธ

Apple's cooking up an AI-powered health coaching service to help us lazy humans stay motivated to exercise, eat better, and sleep well! Plus, they're working on emotion tracking and an iPad Health app, so we can sulk about our bad habits on a bigger screen! ๐Ÿ“ฑ๐Ÿ˜ข

Xerox is donating its legendary Palo Alto Research Center (PARC) to SRI International. Hereโ€™s hoping for more groundbreaking tech from the minds that brought us the PC, mouse and laser printer ๐Ÿ–ฅ๏ธ๐Ÿญ๐Ÿ–จ๏ธ

Hugging Face just introduced HuggingChat, the open-source cousin of ChatGPT, with dreams of becoming the ultimate AI assistant of the future! While it's still a work-in-progress, this friendly AI is determined to be the accessible and customizable assistant of the future. ๐Ÿค–๐Ÿ’ฌ

๐Ÿ’ฐ Wednesday Wires ๐Ÿ’ฐ

German startup "Enter" just bagged โ‚ฌ19.4 million in Series A funding. They're helping homeowners make their energy-guzzling European abodes more eco-friendly and wallet-friendly! ๐Ÿ ๐Ÿ’ก๐Ÿ’ธ

Senegalese startup Chargel is cruisin' into the logistics game, raising a $2.5 million seed round to match shippers with transporters! With Maersk and Grimaldi as early clients, the Ndoye brothers are ready to expand their venture and make truckin' a whole lot smoother across Africa! ๐ŸŒ๐Ÿš›

French startup Kate is revvin' up, raising $7.6 million to create the K1, a smaller, cheaper, and easier-to-maintain alternative to regular cars. With suburbia and countryside dwellers in mind, Kate's K1 is perfect for zipping to school, work, or the supermarket! ๐ŸŒณ๐Ÿ›’

Thatโ€™s it from us today folks! If you liked what you read today, please do read the message from our loving and hard-working team below:

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