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China's SMIC reports Q2 revenue up 21.8% YoY to $1.9B, above est., net profit down 59.1% YoY to $164.6M, above $103.8M est., and $2.25B capita
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2024-08-08 12:10:44
By: milo
The UK CMA opens a formal merger inquiry into Amazon's Anthropic investment after getting "sufficient information" about the deal; Amaz
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2024-08-08 11:31:54
By: milo
South Korean prosecutors charge Kakao founder Brian Kim with stock manipulation during the takeover of SM Entertainment, after Kim was arrested in Jul
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2024-08-08 09:44:44
By: milo
Meta closes Ready at Dawn Studios, acquired in 2020 and that produced VR games like Lone Echo and Echo VR, to meet the new Reality Labs budgetary ceil
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2024-08-08 08:35:14
By: milo
Bumble reports Q2 revenue up 3.4% YoY to $268.6M, vs. $273.2M est., and projects 1% to 2% annual revenue growth, vs. 8.4% expected; BMBL drops 28%+ (E
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2024-08-08 08:29:02
By: milo
YouTube channels focusing on cars, like Car Throttle and Donut, have seen an exodus of popular on-camera talent, often after investors acquired their
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2024-08-08 06:23:42
By: milo
Anduril Industries raised a $1.5B Series F co-led by Founders Fund and Sands Capital at a $14B valuation, up from $8.5B after raising $1.5B in Decem
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2024-08-08 04:29:10
By: milo
A group of VCs, including Reid Hoffman and Ron Conway, hosted a "VCs for Kamala" Zoom call to support Harris' campaign with up to 600 a
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2024-08-08 03:06:50
By: milo
Sources: Humane's Ai Pin and accessories have brought in $9M+ in sales and $1M+ worth of product has been returned; 7,000 Ai Pins are still in c
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2024-08-08 00:16:53
By: milo
A US judge orders Ripple to pay a $125M penalty for selling XRP to institutional investors, well below the $2B the SEC had sought in the case; XRP ju
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2024-08-07 23:28:25
By: milo
Meta closes Ready at Dawn Studios, which it acquired in 2020 and produced VR games like Lone Echo and Echo VR, to meet the new Reality Labs budgetary
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2024-08-07 22:43:35
By: milo
Bumble reports Q2 revenue up 3.4% YoY to $268.6M, vs. $273.2M est., and projects 1% to 2% annual revenue growth, vs. 8.4% expected; BMBL drops 28%+ af
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2024-08-07 21:54:24
By: milo
A US judge orders Ripple to pay a civil penalty of $125M for selling XRP to institutional investors, a fraction of the $2B the SEC had sought in the
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2024-08-07 21:11:08
By: milo
Robinhood reports Q2 revenue up 40% YoY to $682M, vs. $640M est., crypto transaction revenue up 161% to $81M, and net income of $188M, up from $25M in
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2024-08-07 20:47:38
By: milo
Sources: Humane's Ai Pin and accessories have brought in $9M+ in sales, and $1M+ worth of product has been returned; 7,000 Ai Pins are still in
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2024-08-07 17:36:56
By: milo
Lyft reports Q2 revenue up 41% YoY to $1.4B, Gross Bookings up 17% to $4.02B, vs. $4.07B est., and projects Q3 Gross Bookings below estimates; LYFT dr
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2024-08-07 17:07:15
By: milo
The UK CMA approves HPE's $14B deal to acquire Juniper Networks after finding no competition concerns, following the EU's unconditional appr
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2024-08-07 17:07:14
By: milo
Disney reports Q3 revenue up 4% YoY to $23.2B and its streaming business turned a profit, a first, with a $47M operating income, vs. a $512M loss in Q
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2024-08-07 16:43:56
By: milo
Disney reports Q3 revenue up 4% YoY to $23.2B and a $47M streaming business operating income, a first, vs. and a $512M loss in Q3 2023 (Todd Spangler
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2024-08-07 16:20:39
By: milo
Disney reports Q3 revenue up 4% YoY to $23.2B and a $47M streaming business operating income, a first, vs. a $512M loss in Q3 2023, and revenue up 15%
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2024-08-07 14:58:08
By: milo
Sources: Opal, previously Opal Camera, which makes $300 webcams, raised a $60M Series B led by OpenAI Startup Fund and plans to make new OpenAI-powere
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2024-08-07 14:24:03
By: milo
Shopify reports Q2 revenue up 21% YoY to $2.05B, vs. $2B est., Gross Merchandise Volume up 22% to $67.2B, and gross profit up 25% YoY to $1B; SHOP jum
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2024-08-07 11:37:32
By: milo
Disney reports Q3 revenue up 4% YoY to $23.2B and a $47M streaming business operating profit, up from a $512M loss in Q3 2023, and revenue up 15% YoY
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2024-08-07 11:07:45
By: milo
Lyft reports Q2 revenue up 41% YoY to $1.4B, Gross Bookings up 17% YoY to $4.02B, vs. $4.07B est., and projects $4B-$4.1B in Q3 Gross Bookings, vs. $4
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2024-08-07 10:29:43
By: milo
Coupang reports Q2 revenue up 25% YoY to $7.3B and a $77M net loss, its first loss since 2022, due to its Farfetch deal and a South Korean regulatory
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2024-08-07 08:33:10
By: milo
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