Meta reports Q1 revenue up 16% YoY to $42.3B, vs. $41.4B est., net income up 35% to $16.6B, family daily active people up 6% to 3.43B on average for March 2025
and why simply isolating Chinese advertising spend was misguided... X: Roman Helmet Guy / @romanhelmetguy : Zuckerberg explaining how Meta is creating personalized AI friends to supplement your real o...
Filings for Q1 2022: Varo, the first US neobank to be granted a bank charter, had a high $84M burn rate and 98% of its income came from interchange and fees
What the Regulators Should (and Shouldn't) Do to Encourage Competition — Hey all, Jason here. Happy Memorial Day, for my American readers! Tweets: @akindolu , @mikulaja , @cplimon , @dgwbirch , @al...
Digital banking app Dave raises $100M in a convertible note from FTX Ventures; FTX US will be the exclusive partner for any crypto offerings by Dave
Brandy Betz / CoinDesk :
Dave, which offers money management tools to let its 4M users avoid overdraft fees, raises $50M, says it now has a valuation of $1B+
Two years after the Los Angeles-based fintech startup Dave launched with a suite of money management tools to save consumers from overdraft fees … Tweets: @iankar_ and @pottsjustin Tweets: Ian Kar / @...
Data from 14,756 fares: Uber and Lyft have slashed driver pay in recent years by taking a larger portion of each fare, far more than they publicly report
In July, an Uber driver we'll call Dave—his name has been changed here to protect his identity—picked up a fare in a trendy neighborhood of a major U.S. metropolitan area.