LinkedIn's Q2 revenue rose 11% YoY, topping $5B for the first time, giving it a $20B+ annual run rate; Satya Nadella says LinkedIn paid video ads grew 30% YoY
Todd Bishop /GeekWire:
Amazon reports a $9.5B pre-tax gain from its investment in Anthropic, which was included in the company's non-operating income for Q3
Todd Bishop / GeekWire :
Microsoft plans to invest $30B+ in capital expenditures in Q1, which would be its largest for a single quarter, after reporting $24.2B in capital spending in Q4
Todd Bishop / GeekWire : X: @andrewrsorkin X: Andrew Ross Sorkin / @andrewrsorkin : Context: MSFT said today that it would spend $120 billion on capital expenditures on AI, up from $80 billion. 🤯
Emergency response drone maker Brinc announced $75M in funding led by Index Ventures, bringing total raised to $157.2M; Motorola will become Brinc's distributor
Todd Bishop / GeekWire :
Filing: Microsoft has made “funding commitments of $13B” to OpenAI and says losses from its stake were partly why it had a $683M expense on its Q1 investments
Todd Bishop / GeekWire :
Microsoft reports Q4 Intelligent Cloud revenue up 19% YoY to $28.52B, vs. $28.68B est., including Azure and other cloud services up 29% YoY
but there's a rare miss for Azure cloud results Kamya Pandey / MEDIANAMA : Microsoft Reports $64.7 Billion Revenue in Q4 FY24, Marking 15% Increase Yuvraj Malik / Reuters : Microsoft beats quarterly r...
Filing: Microsoft cuts its Q4 sales guidance from $52.4B-$53.2B to $51.94B-$52.74B, citing a stronger US dollar; Microsoft's stock is down 18% so far in 2022
Daily News Snapshots — Microsoft Cuts Earnings and Revenue Guidance … Carla Mozée / Insider : Microsoft drops after cutting quarterly guidance on ‘unfavorable’ currency moves, highlighting headwinds...
Microsoft tells employees it will nearly double its global budget for merit-based salary bumps and raise its range for annual stock-based compensation by 25%+
Todd Bishop / GeekWire :
Satya Nadella says Microsoft Teams topped 270M MAUs in the December quarter, up from 250M MAUs in July 2021
Todd Bishop / GeekWire :
A look at episodic story services like Amazon's Kindle Vella; Apptopia says combined IAP revenue of top 7 services grew 50% YoY to $12M/month in May and July
Todd Bishop / GeekWire : Thanks: @taylor_soper