Meta reports Q4 revenue up 25% YoY to $40.1B, net income up 201% YoY to $14B, and family daily active people up 8% YoY to 3.19B for December 2023
Meta Platforms (META Quick Quote META - Free Report) … Salvador Rodriguez / Wall Street Journal : Facebook Parent Meta Initiates Dividend as Growth Continues Jonathan Vanian / CNBC : Mark Zuckerberg s...
Meta took a $4.2B restructuring charge in Q4, which included costs for early office space terminations, data center redesigns, and severance for laid-off staff
Mike Isaac / New York Times :
Sources: Uber will pitch an Amazon-like growth story during IPO roadshow, but a filing shows Q1 revenue growth was 20%, less than half of what it was a year ago
Mike Isaac / New York Times :
Garrett Camp, co-founder of Uber, and others raise $100M for Expa Labs, a San Francisco-based incubator where startups receive $500K in backing
Mike Isaac / New York Times :
Sources: Andreessen Horowitz and Founders Fund sold $148M in Lyft shares to Saudi Arabia's Prince al-Waleed bin Talal and his Kingdom Holding Co. last December
Thursday, February 11 Mike Isaac / New York Times : Facebook Rejects Marc Andreessen Comments on India, and He Apologizes Tweets: Sarah Lacy / @sarahcuda : great scoop WSJ! question is: bearishness on...
Delivery startups like DoorDash and Postmates struggle with driver churn, high operating costs in quest to capture untapped market
Mike Isaac / New York Times : Tweets: @shiraovide , @mikeisaac , @mikeisaac and @mikeisaac Tweets: Shira Ovide / @shiraovide : Good @MikeIsaac piece that makes me wonder if delivery startups are just...
Facebook Reports Fourth Quarter and Full Year 2015 Results
here's what the analysts are saying Chris Mellor / The Register : SanDisk struggles to fatten itself up ahead of WD takeover Greg Sterling / Marketing Land : Mobile Ad Growth Of 81% Drove Facebook's H...
Startups look to compete with incumbents like Uber by focusing on niches like car-pooling and mass transit
Mike Isaac / New York Times :
eBay beats Q1 estimates with revenue of $4.45B largely boosted by PayPal, Marketplaces down 4%
Mike Isaac / New York Times :
Uber expands Series E round by $1B, bringing the total capacity for round up to $2.8B
Mike Isaac / New York Times :