Snap reports Q1 revenue of $1.06B, up 38% YoY, vs. $1.07B est., global DAUs up 18% YoY to 332M vs. 330M est., and net loss up 25% YoY to $360M
if SNAP can catch a bid on those numbers in spite of its current sales/EPS multiples (faster user/revenue growth, but still), that suggests OK numbers from FB would be received quite well. Casey Neist...
Sources: Instagram surpassed 2B monthly active users worldwide this fall, up from 1B MAUs in June 2018, the last time it publicly disclosed the metric
- Instagram now has more than 2 billion monthly active users worldwide, according to employees with knowledge of the key metric. Tweets: @cnbc , @jyarow , and @stevekovach . Thanks: @sal19 Tweets: @cn...
Sources: Quibi mulled options like a freemium model and had 450K subs paying $4.99/mo. when it closed, far less than the 7.4M it targeted for its first year
on content, technology, and financial planning. In the end, their intuition was wrong. And the collapse was swift. Fantastic reconstruction by @BenMullin @Lilliannnn https://www.wsj.com/... via @WSJ B...
DoorDash announces it has confidentially filed documents for an IPO with the SEC
not to mention GrubHub showing in latest earnings reports how tough the business is. $GRUB down 5%. https://www.prnewswire.com/... Brendless / @bplewis : well color me shocked they might go the direct...
In its first revenue disclosure for Google's cloud division, Alphabet says it generated $2.61B Q4 revenue and $8.92B in fiscal 2019, up from $5.84B YoY
here's how it compares to Amazon and Microsoft Colm Gorey / Silicon Republic : Alphabet finally reveals how much YouTube earns in ad revenue Tweets: Ryan Browne / @ryan_browne_ : Wonder what YouTube c...
Automated financial advisor startup Wealthfront launches a high-yield cash account with 2.24% interest rate, which it says is cleared with regulators
- Wealthfront is the latest start-up to offer a cash account with zero fees and an above-average interest rate. Tweets: @jyarow Tweets: Jay Yarow / @jyarow : Good idea to clear it with regulators ;) h...
Sources: Reddit will top $100M in revenue this year and has been pitching agencies with ad units including a “top post takeover”
one of the world's most popular websites — is trying to cash in through advertising Tweets: Michelle Castillo / @mishcastillo : Reddit is trying to grow up and become a big ad biz. But the freedoms th...
Subscription video news startup Cheddar raises $10M Series B, led by Lightspeed Venture Partners and including Comcast Ventures and Ribbit Capital
Patience Haggin / Wall Street Journal : Tweets: @jonsteinberg , @rafat and @jyarow . See also Mediagazer Tweets: Jon Steinberg / @jonsteinberg : Love how @jeremysliew describes our live, linear, ambi...
Twitter reports 320M total MAUs, no change from previous quarter, but MAUs excluding SMS fast followers declined to 305M in Q4 from 307M in Q3
at last Matt McGee / Marketing Land : Twitter's 2016 Roadmap: Live Video Ads, Easier Replies, Expanding Moments & More Marty Swant / Adweek : Twitter's User Growth Stalls for the Second Quarter in a R...
Dropbox execs say it has plenty of money in the bank, hired 500 people in 2015, 75 so far in 2016, adds 10M users per month and 25K business users quarterly
Farhad Manjoo / New York Times : Tweets: @fmanjoo , @puiwingtam , @jyarow and @digiphile Tweets: Farhad Manjoo / @fmanjoo : Techmeme headlines are so good i shouldn't even bother writing columns. htt...