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...
The US Fed raising interest rates faster than expected is driving the crypto crash, tech layoffs, and more, as companies value “money now” over long-term bets
Less investment in longshot speculation (crypto) — It's more costly to waste money (layoffs at profitable tech companies) — Costly long-term plays (Disney+) look worse https://www.slowboring.com/... B...
WeWork files to raise $1B in an IPO, reports a $904M net loss on around $1.5B in revenue for first half of 2019
WeWork parent The We Company is about to achieve … Stephen Gandel / CBS News : WeWork IPO filing shows it's losing nearly $5,200 per customer Chris O'Brien / VentureBeat : WeWork IPO filing hypes tran...
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...
Apple says it plans a $350B “direct contribution” to US economy over next five years through repatriating overseas profits, new infrastructure projects, more
does Seattle have room? Anna Hensel / VentureBeat : Relax, Apple's new campus is no Amazon HQ2 Timothy B. Lee / Ars Technica : Apple to pay $38 billion in US taxes on overseas cash Brett Samuels / The...