A 360° view on tech world
The Walt Disney Company reported on Wednesday that total Disney+ subscriptions rose to 152.1 million during the company’s third quarter, posting better-than-expected results. The streaming service added 14.4 million subscribers in the quarter, beating expectations of 10 million. The company also announced that it has lowered its 2024 forecast for Disney+ to 215 million to […]
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Coinbase is having to defend its model to investors who may have bought into its stock when it was trading much higher. And per its own notes, the bad times are not about to end any time soon.
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Investors shrug, implying the bad news was priced-in
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We talked to the CEOs of Appian, Amplitude and BigCommerce about how to best navigate the present market conditions in terms of investment and caution.
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Ride-hail giant Lyft reported strong second-quarter earnings Thursday. Earlier this year, investors had been skeptical of Lyft’s ability to offset the costs of increased investments to attract and retain drivers. However, Lyft was able to take advantage of severe internal cost-cutting measures combined with a post-COVID boom in travel to help it deliver its highest […]
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The number of emoji subscription purchases on the South Korean messaging app KakaoTalk has dropped by a third over the year, parent firm Kakao said in quarterly earnings call Thursday. It blamed Google’s new in-app payment policy, which forces apps to use the Android-maker’s own billing system. KakaoTalk’s Emoticon Plus subscription service, which costs approximately […]
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Starbucks will unveil its web3 initiative, which includes coffee-themed NFTs, at next month’s Investor Day event. The company earlier this year announced its plans to enter the web3 space, noting its NFTs wouldn’t just serve as digital collectibles, but would provide their owners with access to exclusive content and other perks. At the time, Starbucks […]
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Autonomous trucking company TuSimple used its second-quarter earnings call to address an April crash during which one of the company’s autonomous trucks suddenly veered across the I-10 highway in Tuscon, slamming into a concrete barricade. The crash first came to light via a YouTube video that showed footage of the crash along with a letter […]
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Dating giant Match Group announced a series of changes to Tinder’s management team alongside the announcement of disappointing second-quarter earnings on Tuesday. Notably, Tinder CEO Renate Nyborg will be departing the company after less than a year in the top job. Match Group is also killing Tinder’s plans to adopt new technology, like virtual currencies […]
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When the Big 3 cloud infrastructure vendors — Amazon, Microsoft and Google — reported their earnings this week, it was clear that the cloud is helping keep their overall numbers up.
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