Meta reports Q4 revenue up 25% YoY to $40.1B, net income up 201% YoY to $14B, and family daily active people up 8% YoY to 3.19B for December 2023
Meta Platforms (META Quick Quote META - Free Report) … Salvador Rodriguez / Wall Street Journal : Facebook Parent Meta Initiates Dividend as Growth Continues Jonathan Vanian / CNBC : Mark Zuckerberg s...
Apptopia: WhatsApp's daily business users increased by 80% in the US in 2023 after a 122% jump in 2022, and daily users in the US grew by 9% in 2023
Alex Kantrowitz / Big Technology :
Major cryptocurrencies crash as the crypto market cap falls below $1T: bitcoin drops 15%+ to ~$22K, ether drops 16%+ to ~$1.2K, and Solana drops 7%+ to ~$28
(Any views expressed below are the personal views of the author … Mitchell Clark / The Verge : BlockFi and Crypto.com lay off hundreds of staff as coins slump Dylan LeClair / Bitcoin Magazine : Celsiu...
Clubhouse raises Series B led by a16z, says it has 180+ investors, and will test options for paying creators and begin work on an Android app soon
When I first met Paul Davison, it took about 10 seconds to realize … Tae Kim / Bloomberg : Forget TikTok. Clubhouse Is Social Media's Next Star. Darrell Etherington / TechCrunch : Clubhouse announces ...
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: 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...
On paid email newsletter platforms, small audiences are translating to dollars for writers, such as on Substack, where the 12 top earners make $160K+ on average
“unbundling” writers from outlets — and i feel like i've already hit my limit on how much pocket money i want to burn on different channels. it adds up pretty fast! http://www.buzzfeed.com/... Elizabe...
Facebook Q1: revenue of $11.97B, up 49% YoY, vs. $11.41B est, net income of $4.99B, up 63% YoY; MAUs up 13% YoY to 2.20B, DAUs up 13% YoY to 1.45B; stock up 8%+
but viewership is already declining Kurt Wagner / Recode : Facebook says Europe's new data privacy rules won't hurt its business — too much John Battelle / NewCo Shift : Advertisers to Democracy: ¯\_(...
Snap reports Q4 revenue of $285.7M, up 72% YoY, as DAUs rise 8.9M to 187M, up 18% YoY; net loss of $350M, up 106% YoY; stock up 30%+
Snap stock is up almost 25 percent Nick Statt / The Verge : Snap stock soars on first ever better-than-expected earnings Josh Constine / TechCrunch : Snap shares skyrocket on first earnings beat with ...