Microsoft Q2: Windows OEM and Devices revenue up 4% YoY, gaming revenue down 7%, Xbox hardware revenue down 29%, and Xbox content and services revenue up 2%
Jay Peters / The Verge :
Roblox plans to let creators that sell assets and tools on its Creator Marketplace keep all of the revenue minus taxes and payment processing fees, from 2024
Jay Peters / The Verge :
Twitch launches a Partner Plus tier, offering a 70/30 revenue sharing split to creators who have 350+ recurring paid subscriptions for three consecutive months
Jay Peters / The Verge :
Twitch raises the price of Turbo, its ad-free subscription that offers extra emoticons, chat badges, and more; the US price jumps from $8.99 to $11.99 per month
Jay Peters / The Verge :
Sources: Netflix may launch its ad-supported tier in 2022 in 6+ markets, and plans to charge $7 to $9 per month in the US, selling ~4 minutes of ads per hour
and it's bad news Muhammad Zuhair / Appuals.com : Netflix's Ad-Supported Tier is Set to Cost Between $7 to $9 Alap Naik Desai / Neowin : Netflix ad-supported subscription could cost around $8/month wi...
Robinhood reports Q2 revenue down 44% YoY to $318M, vs $321M est., a $295M net loss, down from $502M YoY, and MAUs down 1.9M QoQ to 14M in June 2022
Robinhood CEO to lay off 23% of staff after Q2 loss Jay Peters / The Verge : Robinhood is firing nearly a quarter of its staff Tweets: Dare Obasanjo / @carnage4life : Robinhood is laying off 23% of it...
Square says it is rolling out free fractional share trading to users of its Cash App, allowing them to buy fractions of shares for as little as $1
Jay Peters / The Verge :
Square says it is rolling out free fractional share trading to users of its Cash App, allowing them to buy fractions of shares for as little as $1
Jay Peters / The Verge :