Airbnb reports Q1 revenue up 18% YoY to $2.14B, vs. $2.06B est., Nights and Experiences Booked up 9.5% YoY, and Q2 guidance below est.; ABNB drops 8%+
net income of $264 million more than doubled from Q1 2023. We delivered a net income margin of 12% in Q1 2024, up from 6% in Q1 2023” $ABNB: -8.2% AH [image] Conor Sen / @conorsen : $ABNB a little sof...
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...
Meta reports Q2 revenue up 11% YoY to $32B, net income up 16% YoY to $7.79B, and family daily active people up 7% YoY to 3.07B for June 2023; META jumps 10%+
but most of the new users came from outside the US and Canada Karissa Bell / Engadget : Meta had its best quarter since 2021 despite losing more money on the metaverse Abubakar Idris / The Messenger :...
a16z invests in Adam Neumann's residential real estate management startup Flow, sources say ~$350M at a $1B+ valuation, the firm's largest-ever individual check
Our nation has a housing crisis. — The demographic trends driving … Ryan Deffenbaugh / Protocol : Can proptech go with Adam Neumann's Flow? Edward Ongweso Jr / VICE : NIMBY Marc Andreessen Gives WeW...
Amazon raises minimum wage to $15 per hour for all 350K+ US workers, including part-time, temporary, and seasonal employees, effective next month
here are the costs and benefits US Day One Blog : Amazon Raises Minimum Wage to $15 for All U.S. Employees Conor Sen / Bloomberg : Amazon's Minimum Wage Will Change How Americans Think About Work Dere...
Microsoft Q4: revenue of $23.3B, up 13% YoY, net income of $6.5B, up 109% YoY; Intelligent Cloud revenue of $7.4B, up 11% YoY; productivity revenue was $8.4B
97% increase Conor Sen / @conorsen : $MSFT has doubled since Satya Nadella became CEO in February, 2014. ~$575bn market cap
Business news streaming startup Cheddar launching premium $6.99/mo service powered by Vimeo
Shalini Ramachandran / Wall Street Journal : Tweets: @jonsteinberg , @conorsen and @shaliniwsj . See also Mediagazer Tweets: Jon Steinberg / @jonsteinberg : .@cheddartv free daily (and more) on Faceb...