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...
Apple revises guidance for its fiscal 2019 Q1 downwards due to weakness in some markets, particularly China
and today. But look how many tech people think PCs are essential and interesting. Steven Sinofsky / @stevesi : 5/ There are many examples of mature product lines with significant growth selling into a...
Amazon raises minimum wage to $15 per hour for all 350K+ US workers, including part-time, temporary, and seasonal employees, effective next month
here are the costs and benefits US Day One Blog : Amazon Raises Minimum Wage to $15 for All U.S. Employees Conor Sen / Bloomberg : Amazon's Minimum Wage Will Change How Americans Think About Work Dere...
Sources: Airbnb will show $100M in cash-flow profitability for the full year in 2017, as it adds Amex ex-CEO Kenneth Chenault to its board and prepares for IPO
Kara Swisher / Recode :