quarter
- Technology
Sources: X brought in just over $600M in ad revenue in each of the first three quarters of 2023, down from $1B+ per quarter in 2022 (Kurt Wagner/Bloomberg)
Kurt Wagner / Bloomberg: Sources: X brought in just over $600M in ad revenue in each of the first three…
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Canalys, IDC, and Gartner report global PC shipments fell for the fourth consecutive quarter in Q4 2022, by 28%-29% YoY to 65.3M-67.2M units; Dell fell ~37% YoY (Ron Miller/TechCrunch)
Ron Miller / TechCrunch: Canalys, IDC, and Gartner report global PC shipments fell for the fourth consecutive quarter in Q4…
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The SEC is working on a rule, which could be finalized this quarter, to make it easier for investors to sue VCs for bad behavior, negligence, and recklessness (Sam Sutton/Politico)
Sam Sutton / Politico: The SEC is working on a rule, which could be finalized this quarter, to make it…
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Sources: Instacart cuts its internal valuation to ~$10B, down ~75% from $39B in March 2021; the company slashed its valuation every quarter in 2022 (Erin Woo/The Information)
Erin Woo / The Information: Sources: Instacart cuts its internal valuation to ~$10B, down ~75% from $39B in March 2021;…
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Sources: some US banks that lent Elon Musk $13B to buy Twitter are preparing to book losses on the loans this quarter, as investors shy away from risky debt (Reuters)
Reuters: Sources: some US banks that lent Elon Musk $13B to buy Twitter are preparing to book losses on the…
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