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Here's your TnB Tech Minute for Wednesday, February 7th.

I'm Alex Osala for the Wall Street Journal.

Uber posted its first full-year profit as a public company last year and projected continued

growth into the first quarter of 2024. The company had a profit of 1.43 billion dollars in the December

quarter, which included a $1 billion benefit from its equity investments as well as income from its

operations. That propelled it to a full year net income

following years of heavy losses.

The company has turned an annual profit once before

in 2018 on the back of its investments,

but it wasn't earning money from its operations until now.

The CEO of Doyin, the Chinese version of Tik-Tok, has stepped down to take on other responsibilities,

a company, Spokeswoman said.

...