Meta reports Q1 ad revenue of $27B vs. $27.5B est., and says it expects FY 2022 expenses between $87B and $92B, less than the previously announced $90B to $95B
Daniel Howley / Yahoo Finance : Tweets: @alexeheath , @alexeheath , and @alexeheath See also Mediagazer Tweets: Alex Heath / @alexeheath : Mark Zuckerberg on Meta earnings call moments ago: “with our...
Sources: Twitter has told employees that they will receive just 57% of their 2020 bonus target after the company missed internal revenue and profit goals
Twitter has told its employees that they will receive a sliver of their corporate bonus target for 2020—just 7% … Tweets: @alexeheath and @anthony Tweets: Alex Heath / @alexeheath : Twitter has told e...
Sources: VCs have approached Clubhouse about investing in its next round at ~$1B valuation, a 10X increase from the previous round; a16z is expected to lead
The race to invest in social audio app Clubhouse is on again. Venture capital firms have approached the startup's founders … Tweets: @alexeheath , @alecstapp , @benedictevans , @basti , @wongmjane , ...
Sources: VCs have approached Clubhouse about investing in its next round at ~$1B valuation, a 10X increase from the previous round; a16z is expected to lead
The race to invest in social audio app Clubhouse is on again. Venture capital firms have approached the startup's founders … Tweets: @alexeheath , @jenniferm_q , @rainygay1 , @kantrowitz , @dolarvalu...
Sources: Patreon is considering an IPO as soon as this year and has recently passed $100M in annualized revenue
Patreon, the online service that allows podcasters, musicians and other artists to receive direct financial support from fans, is considering a public listing as soon as this year … Tweets: @apollozac...
Snap executive says Snapchat's DAU in India grew 150% YoY in Q3, as Snap announces a slate of new India-specific original series and mini games
Vikas SN / The Economic Times : Tweets: @venkatananth , @ettech , @alexeheath , and @sub8u Tweets: Venkat Ananth / @venkatananth : Interesting. Snapchat's Indian users rise 150% as growth stalls in h...
Sources: Facebook says all employees will get a $1,000 bonus and earn at least their full bonus for their first 6-month review of 2020 amid COVID-19 crisis
giving all employees at least their full normal bonuses — in its 16-year history Sam Biddle / @samfbiddle : Full story here: https://theintercept.com/... Facebook's argument is that a $1000 payment to...
The Org, which is building a database of organizational charts of companies and claims to have 16K businesses profiled, raises $11M in seed and Series A rounds
Ingrid Lunden / TechCrunch : Tweets: @alexeheath and @coryweinberg Tweets: Alex Heath / @alexeheath : you can send all of Cory's seed capital checks to me for... bookkeeping purposes https://twitter....
Sources: Bird lost about $100M in the first quarter, with revenue shrinking to about $15M, and the company told people that it has about $100M in cash left
The wintertime was bleak for Bird. In this year's first quarter, the electric scooter operator lost nearly $100 million … Tweets: @alexeheath , @mdudas , @coryweinberg , @darth , @edzitron , and @kev...