revenue
- 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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Rent the Runway partners with Amazon to launch an Amazon Fashion online storefront featuring new and second-hand items, expecting ~$4.6M in revenue in Q3 2023 (Olivia Rockeman/Bloomberg)
Olivia Rockeman / Bloomberg: Rent the Runway partners with Amazon to launch an Amazon Fashion online storefront featuring new and…
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TSMC reports Q4 revenue of $19.93B, up 26.7% YoY, and a net income of $9.72B, up 78% YoY, beating estimates of ~$9.5B amid a chip industry downturn (Reuters)
Reuters: TSMC reports Q4 revenue of $19.93B, up 26.7% YoY, and a net income of $9.72B, up 78% YoY, beating…
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Sources: Twitter has considered selling usernames through online auctions to generate new revenue (New York Times)
New York Times: Sources: Twitter has considered selling usernames through online auctions to generate new revenue — The company has…
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Analysts say Salesforce's customers do not seem to be swayed by Slack; the messaging service's revenue growth declined from 11.7% in Q1 2022 to 6.9% in Q3 2022 (Angus Loten/Wall Street Journal)
Angus Loten / Wall Street Journal: Analysts say Salesforce’s customers do not seem to be swayed by Slack; the messaging…
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TSMC reports Q4 revenue up 43% YoY to ~$20.6B, below ~$20.8B analyst estimates, its first miss in two years; TSMC stock dropped 27% in 2022 but is up 8% in 2023 (Debby Wu/Bloomberg)
Debby Wu / Bloomberg: TSMC reports Q4 revenue up 43% YoY to ~$20.6B, below ~$20.8B analyst estimates, its first miss…
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YouTube plans to begin sharing ad revenue with Shorts creators on February 1, and starts rolling out new terms for all creators in the YouTube Partner Program (Aisha Malik/TechCrunch)
Aisha Malik / TechCrunch: YouTube plans to begin sharing ad revenue with Shorts creators on February 1, and starts rolling…
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Sources: Sirius XM and Amazon are slowing podcast deals, Spotify is freezing US budget for new podcasts; all three seek to keep 50% of ad revenue vs. 20% before (Bloomberg)
Bloomberg: Sources: Sirius XM and Amazon are slowing podcast deals, Spotify is freezing US budget for new podcasts; all three…
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Arm VP Dennis Laudick says the company more than doubled automotive revenue since 2020 thanks to more complex cars; Arm's 2022 total revenue rose 35% to £2.7B (Anna Gross/Financial Times)
Anna Gross / Financial Times: Arm VP Dennis Laudick says the company more than doubled automotive revenue since 2020 thanks…
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Huawei has exited "crisis mode" following US restrictions and expects ~$91.5B in 2022 revenue, unchanged from 2021, due to growing telco infrastructure sales (Dan Strumpf/Wall Street Journal)
Dan Strumpf / Wall Street Journal: Huawei has exited “crisis mode” following US restrictions and expects ~$91.5B in 2022 revenue,…
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