GM. This is Take Off, the DJ of the tech world. We'll spin the latest tracks, remixes, and mashups that keep your tech knowledge in tune and your portfolio dancing to the beat.

Here's what we're serving up today:

• More META More Money 🤑⬆️

• Microsoft’s (InActiv)ision Deal 🎮🕹️

• Coinbase Sues SEC 🪙👨‍⚖️

META Earnings Sizzling Again 🤑⬆️

Zuck was jumping on his sofa today (obviously his “virtual sofa” in the metaverse) after Meta’s impressive earnings call yesterday.

Meta absolutely crushed investor expectations with a reported revenue of $28.6 billion causing the wolfs to woo its stock price up 11.6% after hours!

These impressive numbers come from Meta raking in more of that sweet ad money with AI being the supposed secret sauce.

Earnings call revealed that Instagram had a traffic boost of 24% owing to ML-based recommendations and Reels (The thing that they copied like super exactly from TikTok).

As for all the numbers you need to know for META, here ya go:

1. Total Revenue: $28.6 Billion (+3%)

2. Net Income: $5.7 Billion (-8%)

3. Ad Revenue: $28.1 Billion (+4%)

4. Other Revenue: $205 Million (-4%)

Zuck also set the record straight on his plans for Metaverse today confirming that he’s still on for his VR grand-vision.

Hell, the company is named META! Wouldn't it be weird if they didn’t have anything to do with the META-verse?

After the AI hype-train this year, many people had thought that Zuck had shifted his focus to this new toy but he has said that he sees AI and the Metaverse as BFFs and they’re going to work on both.

Are we going for another company name change to MET(AI)?

Microsoft’s (InActiv)ision Deal 🎮🕹️

The UK just hit the pause button on Microsoft's whopping $69 billion deal to acquire Activision Blizzard. It seems the Brits are worried that this power move could put a damper on the cloud gaming competition scene.

Microsoft announced this acquisition last year and are ready to drop a fortune on it as they want VIP early ticket access to the nascent cloud gaming industry.

Activision is the name behind some of the best games today such as Call of Duty, World of Warcraft and our favorite, Candy Crush. (Oh, you know it’s your crush game as well)

Microsoft wants the acquisition so that it can add Activision’s games (and it’s players) onto their Xbox platform boosting their console and subscription sales.

Microsoft and Activision are definitely not ready to throw in the towel, though. They're both determined to appeal the decision and fight for their gaming marriage.

The timing of the news couldn't be more bad for Activision as despite beating quarterly bookings estimates, it did little to quench investors' thirst for answers about the UK's sudden roadblock causing it’s stock to fall 11.45%. We feel for you, Activision!

Coinbase Sues SEC 🪙👨‍⚖️

Yes, you heard that right. Coinbase is suing SEC and not the other way-round.

Coinbase asked the SEC last year about securities laws and crypto, but the SEC just left them on "read". Then, last month, they sent a Wells Notice (a legal threat, if you may).

Coinbase was like “Woaah, what was that for?” and hit back with a lawsuit saying, "Hey, we want answers, buddy!"

Coinbase isn't taking the SEC's threats lightly, but they're also wondering how they can play by the rules if nobody's telling them what the rules are.

☄️ Asteroids ☄️

Google Meet finally brings 1080p video calls to the party, but there's a catch: only paying subscribers get to enjoy the HD glow-up, and it's web-based only! 💵🌐

Amazon's pulling the plug on its Halo Health division, leaving customers with refunds and employees with pink slips. So, it's "goodbye, Halo" and "hello, recycling bin" for those gadgets. 🏥💸🔌

Hackers are breaking into AT&T email accounts like a digital Ocean's Eleven, stealing cryptocurrency in the process. So if you're an AT&T email user, watch out – you might find yourself crypto-less with these cyber baddies on the loose! 💻🔓💰

⚒️ ToolBox Thursdays ⚒️

ChartGPT - A tool that converts text into beautiful charts.

Hugging Chat - The first open source alternative to ChatGPT.

Learnlingo - Practice a new language with LearnLingo's AI-driven conversations.

Monday - Manage simple to complex projects and everything in between.

StudioAI - The new age design tool with WebDesignAI inside.

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