Nintendo Q1: revenue up 132% YoY to ~$3.8B, operating profit up 4.4% to ~$378M; it sold 5.82M Switch 2 units in the first month, more than double the original
Tariffs are pushing prices up but only for the original Switch and Switch 2 accessories, not the Switch 2 itself. @gameoverthirty : My summary of Nintendo's Q1 FYE March 26 investor report: — TLDR: ...
Uber debuts Route Share, a pooled rides option that is similar to a bus and up to 50% cheaper than UberX, available during commuting hours in SF, NYC, and more
In contrast, its existing pooled rides option cuts costs as much as only 20%. But there's a catch: Route Share pickups run every 20 minutes …
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 :...
Samsung reports a ~$1.38B mobile profit in Q4, down from ~$2.15B in Q4 2021, and says its 2023 chip investment will be similar to 2022, in contrast to rivals
Amazon touts “record-breaking Black Friday through Cyber Monday sales”, in sharp contrast to reports of lackluster sales for the broader e-commerce industry
Contrast Security, which offers app security and embedded code analysis tech, raises a $150M Series E led by Liberty Strategic Capital, valuing it at $1B+
Contrast Security, a Los Altos, California-based company developing app security and embedded code analysis technologies …
From Sutter Hill's Snowflake investment to Accel's bet on UiPath, Altos Ventures' bet on Roblox, and more, a look at VC firms poised to reap blockbuster profits
Sutter Hill's Snowflake bet eclipses some of the biggest returns in U.S. startup history — Nearly a decade ago … Tweets: @srussolillo , @carnage4life , @gavinsbaker , @hkanji , @mccventures , @workm...
Cybersecurity startup Contrast Security raises $65M Series D led by Warburg Pincus to expand internationally, bringing the total raised to $122M
Kyle Wiggers / VentureBeat :
Twitter renews its ad-selling partnership with BuzzFeed for its live morning show, “AM to DM”, for a year; BuzzFeed says full episodes average 400,000 views
Sahil Patel / Digiday : Tweets: @ohmdee See also Mediagazer Tweets: @ohmdee : “A BuzzFeed spokesperson said the show is profitable for the company, which has a staff of more than 20 people working on...
Apple takes only 15% of new-subscriber revenue from some Apple TV partners, including Neflix, Hulu Plus, and MLB.TV, in contrast to its 30% iOS standard
Peter Kafka / Re/code :