Tether CTO Paolo Ardoino says the company, which issues the USDT stablecoin, reduced commercial paper to ~30% of its reserves in Q4 2021, down from 44% in Q3
- Tether plans to reduce its holdings of commercial debt in its reserves, Chief Technology Officer Paolo Ardoino told CNBC. Tweets: @dee_bosa Tweets: Deirdre Bosa / @dee_bosa : why is the chief techno...
Roblox files S-1 for its IPO, reports losses of $206M on $589M in revenue, 31.1M DAU, and 22.2B engaged hours, up 122% YoY, for the first nine months of 2020
here's what we learned from the most recent wave of IPO filings Sarah E. Needleman / Wall Street Journal : Roblox Files IPO Amid Surge in Videogame Spending Alex Wilhelm / TechCrunch : What is Roblox ...
SoftBank is $600M+ underwater on its early-2018 Uber investment as the stock hits an all-time low; because of a CFIUS review, it may not get board seats
Ari Levy / CNBC : Tweets: @gerberkawasaki , @mdudas , @hackapreneur , @dee_bosa , and @mattrosoff Tweets: Ross Gerber / @gerberkawasaki : SoftBank is more than $600 million underwater on Uber as stoc...
Amazon reports Q1 “other” category revenue, which mostly covers its ad business, of $2.7B, up 34% YoY, and subscriptions services revenue of $4.3B, up 40% YoY
up from $2.03 billion in Q1 2018. https://ir.aboutamazon.com/... Deirdre Bosa / @dee_bosa : Welcome to the new Amazon —> Less growth, more profit. $AMZN Slowest growth in four years. Big EPS beat. htt...
In a leaked email, Uber's India lead told company executives that Uber India reached an annualized bookings rate of $1.64B in Q3
Deirdre Bosa / CNBC :
Lyft shares its internal market-share numbers for the first time, claims it has 35% of the national ride-sharing market, up from 20% 18 months ago
Deirdre Bosa / CNBC :
Square launches Square for Restaurants, a software platform to handle a restaurant's operations, including booking tables and managing after-meal checks
Deirdre Bosa / CNBC :
A look at China's rapid adoption of mobile payments, facilitated by Alibaba and Tencent, and the effects as payment volume reached $9T in 2016
Alyssa Abkowitz / Wall Street Journal : Tweets: @wsj , @newley , and @dee_bosa Tweets: The Wall Street / @wsj : ‘Recommend using WeChat Pay,’ says sign held by smartphone-savvy beggar in Beijing http...