Conceivable Life Sciences, which wants to use AI to automate embryologists' work, raised $50M led by Advance Venture Partners, taking its total funding to $70M
Sarah Frier / Bloomberg :
Facebook Q3: $21.47B revenue, up 22% YoY, net income $7.85B, up 29% YoY, as DAUs rise 12% YoY to 1.82B, MAUs rise 12% YoY to 2.74B
immediately. https://twitter.com/... Sal Rodriguez / @sal19 : The StopHateForProfit ad boycott did not seem to impact Facebook's advertising revenue, which was up 22% compared to a year ago https://ww...
Instagram says there are 900M daily emoji reactions, and 50% of users watch a video daily, but again fails to say how many users it has or what its revenue is
Hey all, it's Sarah Frier. Today is Instagram's 10th birthday. Reporters received an email with some celebratory statistics … Tweets: @sarahfrier Tweets: Sarah Frier / @sarahfrier : On Instagram's 1...
Sources: North, the Canada-based maker of AR glasses that raised about $170M from Intel, Amazon, and others, is looking for a buyer as it runs low on cash
Sarah Frier / Bloomberg : Tweets: @sarahfrier and @sarahfrier Tweets: Sarah Frier / @sarahfrier : After our scoop last week that Magic Leap was looking for a buyer, sources pointed us to another wear...
Snap reports Q2 revenue of $388M, up 48% YoY, vs. $359.7M est., DAUs of 203M, up 8% YoY, and that its net loss shrunk from $353M to $255M YoY; stock jumps 13%+
Snap Inc. has been slowly righting its ship recently … Chance Miller / 9to5Mac : Snap reports strong Q2 earnings, beating revenue and daily active user expectations Tweets: Meg Graham / @megancgraham ...
Twitter reports Q4 revenue of $909M, up 24% YoY, ad revenue of $791M, up 23% YoY, net income of $244M, and MAUs of 321M, down by 9M YoY; stock closes down 9%+
and it's a lot smaller than Snapchat's Lauren Feiner / CNBC : Twitter crashes 10% after it says expenses will rise sharply Twitter : Q4 and Fiscal Year 2018 Letter to Shareholders Andrew Hutchinson / ...
Analysis: Instagram is estimated to be worth more than $100B if it were a stand-alone company and is on track to cross 2B users within the next five years
Bloomberg Nick Salerni / iPhone in Canada Blog : Instagram Estimated to be Worth $100 Billion: Bloomberg Hanna Kozlowska / Quartz : Buying Instagram is probably the smartest thing Facebook has ever do...
Sources: Pinterest revenues were up 58% in 2017 to $473M; company now has almost 250M monthly active users
Sarah Frier / Bloomberg :
Sources: Pinterest revenues were up 58% in 2017 to $473M; company now has almost 250M monthly active users
Sarah Frier / Bloomberg : Tweets: @shiraovide and @rrhoover Tweets: Shira Ovide / @shiraovide : For comparison, Snap had $405 million in revenue the year before its IPO. http://twitter.com/... Ryan H...
Snap reports Q1 net loss of $386M, as average revenue per user rose 34% YoY to $1.21 but was down 21% QoQ
and it plans to buy back $100 billion in stock Zac Hall / 9to5Mac : Apple announces Q2 2018 revenue of $61.1b: 52.2m iPhones, 9.1m iPads, 4.07m Macs Tweets: Sarah Frier / @sarahfrier : Evan says he ca...