Netflix, Amazon, Warner Bros., and others are cutting costs and scrapping TV shows at record rates; 559 scripted shows were released in 2021, up by 200+ on 2013
The sudden decline in Netflix's share price and the growing fear of a recession have forced Hollywood into a new period of fiscal austerity. Tweets: @ampressman , @trengriffin , @lucas_shaw , @carnage...
Bumble closes up 63.5% on its first day of trading, giving it a valuation of about $13B, after raising $2.15B in its IPO
after ending some awkward relationships Aaron Pressman / Fortune : Bumble IPO makes CEO Whitney Wolfe Herd a billionaire The Economic Times : ETtech Evening Briefing on Feb 12, 2021: Meesho to join un...
Apple reports Q3 revenue of $53.8B, up 1% YoY, record Services revenue of $11.5B, up from $10.2B YoY, iPhone revenue of $26B, down from $29.5B YoY; stock up 4%+
One thing that Apple has always been good at is being doomed. Chris Barylick / O'Grady's PowerPage : Apple announces Q3 2019 revenue of $53.8 billion, net quarterly profit of $10 billion MacRumors : A...
Crypto mining company Bitmain files for Hong Kong IPO; draft filing shows $2.8B in revenue as of June 30 and $422.05M raised in funding round that ended Aug. 7
per new @Globalcoinrsrch story — that's a big drop from Q1's $1.1B profit on $2B in revenue and doesn't exactly give momentum for IPO https://techcrunch.com/... Francis Pouliot / @francispouliot_ : Di...
Alphabet Q3: revenue of $27.8B, up 24% YoY, vs. $27.2B expected; net income reaches $6.73B, up from $5.06B YoY; Other Bets made $302M, lost $812M
and it looks a lot like Apple Jaikumar Vijayan / eWeek : Data Analytics, Machine Learning Drive Google's Cloud Growth, CEO Says Matt Rosoff / CNBC : This chart shows how Ruth Porat is exercising disci...
Netflix reports Q3 revenue of $2.99B, up 30% YoY, vs. $2.97B est., 5.3M total subs added vs. 4.5M est., projects 6.3M new subscribers in Q4
We are growing nicely across the world … Ben Popper / The Verge : With another strong quarter, Netflix share price hits all-time high Matthew Lynley / TechCrunch : Netflix crushes its own expectations...
IDC: Fitbit sales estimated at 5.3M units in Q3, up 11% YoY, with 23% marketshare, lagging the fitness tracker market as a whole
Aaron Pressman / Fortune :
Pandora to pay royalty of 17 cents per 100 songs, up from 14 cents, after copyright board decision, with rates rising with inflation through 2020
but not as much as music labels wanted Peter Kafka / Re/code : Pandora Will Need to Pay More for Its Songs, but It Could Have Been Worse Nathan McAlone / Business Insider : Pandora stock plunges then ...