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...
Apple reports Q2 revenue from Services, which includes Apple TV+ and Apple Music, up 14% YoY to $23.9B, vs. $23.12B estimated, an all-time record
but Tim Cook still keeps us guessing Mike Robuck / Mobile World Live : Apple posts sluggish iPhone sales in Q2 Peter Kafka / Business Insider : Apple can't tell you iPhone sales are booming, so it's t...
Meta's Reality Labs unit generated $1B+ in Q4 revenue but saw a record $4.65B operating loss; the metaverse division has now lost $42B+ since the end of 2020
Meta's Reality Labs hit $1 billion in revenue for the first time Dean Takahashi / VentureBeat : Meta Reality Labs loses $4.65B in Q4 Threads: Benedict Evans / @benedictevans : Best quarter ever for Me...
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...
Netflix reports Q4 revenue up 12.5% YoY to $8.83B, vs. $8.71B est., paid users up 12.8% to 260.3M, vs. 256M est., $938M net income, up from $55M; NFLX jumps 8%+
there. Janko Roettgers / @jank0@sfba.social : TIL that Netflix has a “Bridgerton wedding dress collection.” Janko Roettgers / @jank0@sfba.social : Netflix is “not interested in acquiring linear — as...
Sources: Substack dropped efforts to raise money, after talks to raise $75M-$100M at a $750M-$1B valuation, during which the company said 2021 revenue was ~$9M
Good afternoon! Today, Realm's no-code beta enters it's … Michael Spencer / Creator Economy Tips : Substack Halts Plans for Series C Funding Casey Newton / Platformer : Substack's failed fundraise Tw...
Amazon breaks out advertising services revenue for the first time: $9.7B for Q4, up 32% YoY, and $31.2B for FY 2021; subscription services grew 15% to $8.1B
arguably a coop fee/tax on 3rd party merchants who sell on Amazon — accounted for a third of all revenue. And by itself ads is a $30B/yr business $amzn https://twitter.com/... Matt Rosoff / @mattrosof...
Sources: Discord is raising money at a valuation of around $15B, in a funding round that would at least double its valuation of $7B in 2020
Eric Newcomer / Newcomer : Tweets: @ericnewcomer , @freedmanae , @pkafka , @ericnewcomer , and @stevekovach Tweets: Eric Newcomer / @ericnewcomer : SOURCES: Discord Raising at Roughly $15 Billion Val...
Sources: Clubhouse is in talks to raise funding from investors in a round valuing the business at about $4B, following its reported valuation of ~$1B in January
quadruple what it was allegedly worth just three months ago: https://www.bloomberg.com/... Mark Bergen / @mhbergen : Perhaps now this scrappy, penurious startup can afford an android engineer. https:/...
Internal data shows only 11.3M US households regularly watch NBCU's Peacock; sources: NBCU has pitched ViacomCBS about bundling their streaming services
The Information : Tweets: @natjarv , @jstrauss , @ballmatthew , @edmundlee , @richlightshed , and @pkafka See also Mediagazer Tweets: Natalie Jarvey / @natjarv : Having only a third of your users reg...