UK-based Yoto, whose screen-free speakers for kids play audiobooks and music, reports 2024 revenue up 86% YoY to £94.8M and expects to turn a profit in 2025
Tim Bradshaw / Financial Times :
Paris-based Ubisoft's stock drops ~14% after the company slashes its forecasts, reports “markedly and surprisingly slower” holiday sales, and delays a game
Tim Bradshaw / Financial Times :
Fewer than half of the 12+ US and European rapid delivery startups launched in the pandemic are still operating, facing huge losses, a funding drought, and more
Tim Bradshaw / Financial Times :
An interview with Carl Pei on Nothing phone (1), building confidence with suppliers, raising funds, and more; Nothing has shipped 530K Ear (1) since August 2021
Tim Bradshaw / Financial Times :
A look at the frantic dealmaking behind Europe's instant grocery startups like Gorillas and Flink, as investors see a classic land grab for the top position
Financial Times : Tweets: @vivifriedgut and @tim Tweets: @vivifriedgut : yes. But is any of it sustainable or even desirable? https://www.ft.com/... Tim Bradshaw / @tim : A frantic summer of transatl...
In its first post-IPO results, Deliveroo says its pre-tax loss narrowed to £104.8M in H1 2021 as revenue rose 82% YoY to £922.5M; MAUs rose 81% YoY to 7.8M
Tim Bradshaw / Financial Times :
How Stripe became Silicon Valley's most valuable private company by being capital efficient at scale and having a self-sustaining core payments business
Underpinning $95bn valuation is investors' belief that payments digitisation still has some way to run Tweets: @financialtimes , @tim , @benedictevans , @carnage4life , @patrickc , and @katie_roof Twe...
Apple will reduce its App Store cut to 15% from any developer who earns less than $1M in revenue per year from all their apps, starting January 1
but there's a catch Firstpost Tech : Apple to cut App Store commission from 30 to 15 percent for developers with up to $1 million annual revenue Stephen Warwick / iMore : Fury as Tim Sweeney compares ...
Apple becomes the first US company to reach a $2T market cap during intraday trading, two years after reaching $1T
here's when it may be worth $3 trillion BBC : Apple helped make ‘top secret’ iPod for US government Bogdan Popa / Softpedia News : Apple Is Now Worth $2 Trillion Kelly Earley / Silicon Republic : Appl...
As Zynga buys Istanbul-based Rollic Games for $168M, a look at the rapid growth of hyper-casual mobile games, where publishers may launch a new title every week
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