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Sources: Getir faced pressure from investors to cut costs and refocus on Turkey; a source says Mubadala and G Squared have agreed to invest as much as
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2024-05-08 05:17:17
By: milo
Amit Midha, CEO of Alat, a $100B investment fund focused on AI and chips backed by Saudi Arabia's PIF, says the fund will divest from China if th
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2024-05-08 04:09:38
By: milo
Coupang reports Q1 revenue up 23% YoY to $7.1B, adjusted EBITDA up 17% YoY to $281M, vs. $283.3M est., and net income down 95% YoY including Farfetch
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2024-05-08 02:31:29
By: milo
Twilio reports Q1 revenue up 4% YoY to $1.05B vs. $1.03B est., 313K+ active customer accounts, and forecasts Q2 revenue below est.; TWLO drops 5%+ aft
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2024-05-07 22:45:24
By: milo
Memo: Microsoft's Xbox division to shut down multiple Bethesda studios and consolidate teams to prioritize high-impact titles and invest in Bethe
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2024-05-07 22:39:14
By: milo
GlobalFoundries reports Q1 revenue down 16% YoY to $1.55B, vs. $1.52B est., net income of $134M, and forecasts Q2 revenue above estimates; GFS closes
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2024-05-07 21:16:10
By: milo
EA reports Q4 revenue down 5% YoY to $1.78B, net income of $182M, net bookings down 14% YoY to $1.67B, and announces a three-year $5B stock buyback (B
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2024-05-07 21:01:15
By: milo
Match Group reports Q1 revenue up 9% YoY to $859.6M, vs. $855.5M est., paying users down 6% YoY to 14.9M, and forecasts Q2 revenue below expectations
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2024-05-07 20:55:10
By: milo
Lyft reports Q1 revenue up 28% YoY to $1.3B, a $31.5M net loss, gross bookings up 21%, active riders growing at the fastest pace since 2022, up 12% Yo
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2024-05-07 20:47:24
By: milo
Reddit Q1: revenue up 48% YoY to $243M, vs. $212.8M est., net loss of $575.1M, driven by IPO expenses, and DAUq total up 37% to 82.7M; RDDT up 15%+ af
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2024-05-07 20:40:14
By: milo
Disney reported Disney+ and Hulu had a $47M operating income in Q2, vs. a $587M loss YoY, the first time the streaming services had a combined quarter
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2024-05-07 20:40:14
By: milo
Disney reported Disney+ and Hulu had an operating income of $47M in Q2, vs. a loss of $587M YoY, the first time the streamers had a combined profit in
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2024-05-07 16:56:06
By: milo
Poloniex hacker moves stolen funds for first time, keeping $182m untouched - crypto.news
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2024-05-07 14:47:08
By: milo
Cloud security startup Wiz raised a $1B Series E co-led by a16z, Lightspeed, and Thrive at a $12B valuation, and plans to expand its business via acqu
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2024-05-07 14:13:05
By: milo
Instacart partners with Uber Eats to expand into restaurant takeout, offering deliveries powered by Uber via Instacart's app or website in the co
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2024-05-07 12:38:05
By: milo
Tracking Illegal Pharmaceutical Sales on Social Media
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2024-05-07 12:29:25
By: milo
Personnel affected by reported China hack on MOD payroll to be alerted - Forces Network
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2024-05-07 11:22:36
By: milo
MITRE, a federally funded, not-for-profit US research organization, plans to build a $20M supercomputer with Nvidia to build AI tools for the federal
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2024-05-07 10:50:19
By: milo
German chipmaker Infineon cuts its revenue forecast in the year to September 2024 to €15.1B, below €15.7B est., signaling automotive
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2024-05-07 10:17:22
By: milo
Palantir reports Q1 revenue up 21% YoY to $634M, vs. $625M est., and a $106M net income, up from $16.8M in Q1 2023; PLTR drops 9% on weak guidance (Ro
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2024-05-07 08:26:26
By: milo
Amazon announces plans to double its cloud infrastructure investment in Singapore to $9B over the next four years, to meet the cloud and AI demand (Ol
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2024-05-07 08:26:25
By: milo
Nintendo reports net profit up 13% YoY to $3.2B in the past fiscal year and expects profit to drop 39% YoY and revenue to drop 19% YoY in this fiscal
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2024-05-07 08:19:12
By: milo
Nintendo President Shuntaro Furukawa says the company plans to announce its Switch successor in the coming year; the Switch has sold 141M+ units since
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2024-05-07 08:12:30
By: milo
Kronos Research hacker shifts funds to Tornado Cash - Cointelegraph
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2024-05-07 07:52:09
By: milo
Amazon announces plans to double its cloud infrastructure investment in Singapore to $9B, to be done over the next four years, to meet the cloud and A
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2024-05-07 05:01:38
By: milo
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