Published on: 2025-04-22 10:29:45
is a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO. Netflix said in its first quarter earnings report on Thursday that revenue reached $10.5 billion in the months since it raised prices. That’s a 13 percent increase over the same time last year. The streaming service’s net income also grew to $2.9 billion, and the company says it expects more growth in the coming months when it sees “the full quarte
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Find related items on AmazonPublished on: 2025-04-23 10:47:00
In brief: TSMC has officially denied the long-running claim that it is considering entering into a joint venture with Intel. It was recently reported that the two tech giants had reached a preliminary agreement on the plan, which has been pushed by the Trump administration in the hope of helping Intel address its current manufacturing crisis. Speaking during the company's earnings call on Wednesday, TSMC CEO C.C. Wei said, "TSMC is not engaged in any discussion with other companies regarding an
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Find related items on AmazonPublished on: 2025-04-24 00:25:38
Taiwan Semiconductor Manufacturing Company on Thursday maintained its annual revenue forecast after it quarterly beat profit expectations, thanks to a continued surge in demand for AI chips. Here are TSMC's first-quarter results versus LSEG consensus estimates: Revenue: $839.25 billion New Taiwan dollars, vs. NT$835.13 billion expected Net income: NT$361.56 billion, vs. NT$354.14 billion TSMC's net income increased 60.3% from the same period last year to NT$361.56 billion, while net revenue
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Find related items on AmazonPublished on: 2025-04-27 10:32:31
Netflix plans to reach a market capitalization of $1 trillion by 2030, The Wall Street Journal (WSJ) reported this week, citing anonymous people who attended an “annual business review meeting” that Netflix held in March. Netflix's current market capitalization is nearly $400 billion. Netflix is reportedly partnering its market cap goals with plans to double revenue within the same time frame. For 2024, Netflix reported $39 billion in revenue, meaning the company aims to raise its annual revenu
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Find related items on AmazonPublished on: 2025-05-02 09:27:19
Dropbox’s chief customer officer, Eric Cox, plans to step down, according to a document filed with the SEC on Friday. Cox will remain in his current role for “a period of time” to help with the transition, per the filing, and then will continue as a “non-executive” employee through mid-August. The filing did not mention who would replace Cox. Cox joined Dropbox in November 2023 from Vimeo, where he was the COO overseeing sales, customer success, data, strategy and operations. Before that, Cox
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Find related items on AmazonPublished on: 2025-05-03 03:15:00
Serving tech enthusiasts for over 25 years.TechSpot means tech analysis and advice you can trust Bottom line: PC gamers continue to show a strong willingness to spend on in-game purchases, according to the latest findings from Newzoo's 2025 PC and Console Gaming Report. It found that microtransactions accounted for a significant 58 percent of all PC gaming revenue in 2024, reaching $24.4 billion. This marks a year-over-year growth of 1.4 percent. The report pointed to three standout titles dri
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Find related items on AmazonPublished on: 2025-05-12 03:00:00
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Find related items on AmazonPublished on: 2025-05-23 16:56:07
The Huawei booth at the Mobile World Congress in Barcelona, 2025. Arjun Kharpal | CNBC Huawei on Monday reported a sharp jump in 2024 revenue as its core telecommunications and consumer businesses accelerated. Huawei reported revenue for 2024 of 862.1 billion Chinese yuan ($118.2 billion), a 22.4% year-on-year rise. It is the company's second-highest revenue figure ever, according to CNBC calculations, just shy of the record 891.4 billion yuan reported for 2020. Net profit fell, however, to 62.
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Find related items on AmazonPublished on: 2025-05-24 06:29:38
Madison Square Garden is home to the New York Knicks, one of the most storied performance venues in the country, and a surveillance state dystopia. Since 2018, the venue has been equipped with facial recognition tools used to identify people deemed to be potential security threats. But it also has seemingly become the go-to tool to keep anyone critical of MSG CEO James Dolan out of the space. The latest victim of MSG’s all-seeing eye is a person who made a t-shirt critical of Dolan years ago and
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Find related items on AmazonPublished on: 2025-05-28 22:33:44
OpenAI CEO Sam Altman speaks at a panel discussion on potentials, perspectives and challenges in the age of Artificial Intelligence (AI) at the Technical University (TU) in Berlin on February 7, 2025. OpenAI expects revenue will triple to $12.7 billion in 2025, CNBC has confirmed. Bloomberg was first to report on the revenue figure, which was confirmed to CNBC by a source familiar with the matter who asked not to be named because the number is private. Microsoft , OpenAI's principal investor
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Find related items on AmazonPublished on: 2025-06-01 05:54:00
By now, most of us are familiar with the fact that TSMC operates a significant amount of trailing edge manufacturing capacity. Long after they have moved on to ever more advanced nodes, they continue to run the older fabs. Editor's Note: Guest author Jonathan Goldberg is the founder of D2D Advisory, a multi-functional consulting firm. Jonathan has developed growth strategies and alliances for companies in the mobile, networking, gaming, and software industries. In 2024, TSMC generated almost
Keywords: 3nm nm node nodes revenue
Find related items on AmazonPublished on: 2025-06-06 09:34:00
The big picture: A new report illustrates the AI boom's transformative impact on the worldwide server market. Nvidia GPUs have formed the backbone of the technology, so it isn't surprising to see the company represent almost all embedded GPU shipments during the last quarter. According to the International Data Corporation (IDC), worldwide server market revenue nearly doubled in the fourth quarter of 2024 compared to the same quarter in 2023. Significant growth occurred in multiple sectors, wit
Keywords: growth market percent revenue server
Find related items on AmazonPublished on: 2025-06-07 13:00:00
Over the last few years, developers have increasingly complained about paying fees to Apple or Google for App Store or Play Store distributions. App makers have often said that both companies make it difficult for them to earn money outside of their systems. New York-based app revenue management platform Adapty wants to change that with its new offering called FunnelFox, which helps acquire customers through websites or web apps. The idea behind FunnelFox is simple: it helps app makers create q
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Find related items on AmazonPublished on: 2025-06-09 21:21:31
The RIAA says vinyl revenue hit $1.4 billion in the US last year, the highest figure in four decades. Despite streaming services continuing to dominate the business of recorded music, there’s still very much a place for physical media in that sector. The Recording Industry of America said in an annual report [ PDF ] that sales of vinyl records rose for the 18th straight year in the US to $1.4 billion — the highest revenue for that format since 1984, when CDs started to emerge. Vinyl accounted
Keywords: music revenue streaming vinyl year
Find related items on AmazonPublished on: 2025-06-10 13:57:39
The U.S. crossed the 100 million paid subscriber mark for music streaming services for the first time ever last year, as per a new report by the Record Industry Association of America (RIAA). The subscriber number was up from 96.8 million in 2023, with year-on-year growth of roughly 3%. RIAA’s report said that these numbers discount limited tier services — which have device access restrictions and catalog availability limits — and count multi-user subscriptions (such as family plans) as one. I
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Find related items on AmazonPublished on: 2025-06-11 09:53:43
is a weekend editor who covers the latest in tech and entertainment. He has written news, reviews, and more as a tech journalist since 2020. Business is still booming for music streaming services, which crossed the 100 million US subscriber mark in 2024, according to the Record Industry Association of America’s (RIAA) latest revenue report. Overall sales were also bolstered by physical media, which is growing at a slightly faster rate than digital, thanks in large part to continually increasing
Keywords: billion digital percent revenue year
Find related items on AmazonPublished on: 2025-06-13 21:00:19
If you're frustrated by some of your favorite apps pestering you to sign up for a subscription, some new data may help you empathize with their developers more. According to revenue data from "over 75,000" mobile apps, the vast majority have a hard time making $1,000 per month. The data is detailed in RevenueCat's 2025 State of Subscription Apps report. RevenueCat makes a mobile app subscription tool kit and gathered the report's data from apps using its platform. The report covers "more than $
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Find related items on AmazonPublished on: 2025-06-13 21:06:39
On the heels of its IPO filing, Swedish fintech giant Klarna announced on Monday that it will exclusively provide buy now, pay later loans for Walmart. The partnership with Walmart is one that rival Affirm had previously owned. Klarna will provide the loans to Walmart customers through OnePay, a fintech startup in which it owns a majority stake and is also backed by Ribbit Capital. Klarna will take over providing the loans “later this year,” it said in a statement. San Francisco-based Affirm’s
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Find related items on AmazonPublished on: 2025-06-17 21:05:31
Shantanu Narayen, Chair and CEO of Adobe Systems, addresses the gathering on the first day of the three-day B20 Summit in New Delhi on Aug. 25, 2023. Adobe shares closed down 14% following the company's quarterly earnings report as investors fretted over lingering growth concerns and the software maker's artificial intelligence monetization strategy. The sell-off came despite better-than-expected results, which included adjusted earnings of $5.08 per share and $5.71 billion in revenue. That su
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Find related items on AmazonPublished on: 2025-06-18 17:51:45
Shantanu Narayen, Chairman and CEO of Adobe Systems addresses the gathering on the first day of the three-day B20 Summit in New Delhi on August 25, 2023. Adobe shares dropped 13% following the company's quarterly earnings report, as investors fretted over lingering growth concerns and the software maker's artificial intelligence monetization strategy. The selloff came despite better-than-expected results, which included adjusted earnings of $5.08 per share and $5.71 billion in revenue. That su
Keywords: adobe billion earnings revenue share
Find related items on AmazonPublished on: 2025-06-19 01:00:08
Samsung is changing its revenue-sharing policy and reducing its cut for certain apps so that developers and publishers can get more money from sales. As part of its announcements ahead of this year's upcoming Game Developers Conference (GDC), the company said that it's implementing an 80/20 revenue share model for games on the Galaxy Store. Previously, Samsung had a 70/30 sharing model, wherein it took 30 percent of an app's revenue. The new model also applies to games built on the company's clo
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Find related items on AmazonPublished on: 2025-06-23 17:58:27
is a senior reporter who’s been covering and reviewing the latest gadgets and tech since 2011, but has loved all things electronic since he was a kid. Although original estimates set the cost of the Las Vegas Sphere at $1.2 billion, Sphere Entertainment eventually spent around $2.3 billion to build the interactive venue. As the company looks to expand to other cities, it’s also looking to scale down the venue, making it more affordable to build and operate. Sphere Entertainment is currently wo
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Find related items on AmazonPublished on: 2025-06-24 09:31:28
Larry Ellison, chairman and co-founder of Oracle Corp., speaks during the Oracle OpenWorld 2017 conference in San Francisco on Oct. 1, 2017. Oracle issued quarterly results on Monday that trailed analysts' estimates and gave a forecast that came up short of expectations. Here is how Oracle did compared to LSEG consensus: Earnings per share: $1.47 adjusted vs. $1.49 expected $1.47 adjusted vs. $1.49 expected Revenue: $14.13 billion vs. $14.39 billion expected Revenue increased 6% from $13.3
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Find related items on AmazonPublished on: 2025-06-24 21:57:08
Larry Ellison, chairman and co-founder of Oracle Corp., speaks during the Oracle OpenWorld 2017 conference in San Francisco on Oct. 1, 2017. Oracle issued quarterly results on Monday that trailed analysts' estimates, but the company offered bullish comments on its cloud infrastructure segment. Here is how Oracle did compared to LSEG consensus: Earnings per share: $1.47 adjusted vs. $1.49 expected $1.47 adjusted vs. $1.49 expected Revenue: $14.13 billion vs. $14.39 billion expected Revenue i
Keywords: billion oracle revenue share year
Find related items on AmazonPublished on: 2025-06-25 17:10:00
The big picture: The world's biggest YouTuber is now laying the groundwork to become a consumer product mogul, with ambitions extending far beyond his viral stunts and extravagant giveaways. Leaked financial documents reveal that MrBeast's team envisions a future built on selling physical products to his massive fanbase, aiming to transform his company into a multi-billion-dollar empire. The scoop comes from an investor pitch deck obtained by The Verge, which reveals that Jimmy Donaldson (MrBea
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Find related items on AmazonPublished on: 2025-06-24 02:11:32
More than two years into the generative artificial intelligence boom, Wall Street is setting an increasingly high bar for chipmakers. When it comes to earnings reports — most recently from Marvell Technology — good isn't good enough. That's because investors previously poured into the companies making the infrastructure and devices at the heart of the AI economy, bidding the stocks up to historically high levels. They're demanding results. Marvell shares plummeted 20% on Thursday, their steep
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Find related items on AmazonPublished on: 2025-06-26 00:47:00
Serving tech enthusiasts for over 25 years.TechSpot means tech analysis and advice you can trust Bottom line: Broadcom's acquisition of VMware has yielded impressive financial results, according to the company's recent quarterly earnings report. For the quarter ending February 2, Broadcom reported revenue of $14.92 billion, marking a significant 25% year-over-year increase. Net income surged to $5.5 billion, a remarkable 315% rise compared to the same period last year. A key driver of this gro
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Find related items on AmazonPublished on: 2025-06-23 17:03:58
From new footage of The Smith’s infamous concert in July 1986 to Blondie’s rider for their legendary performance in January 1978, the Maxwell Hall Digital Archive has unearthed a treasure trove of items from Salford’s musical past. The items are revealed today following a public call-out for submissions last April ahead of the return to live music at the venue in May 2024 after a ten-year absence. The donations came from a wide range of sources, including our passionate alumni and former staff
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Find related items on AmazonPublished on: 2025-06-26 08:56:04
is a deputy editor and author of thenewsletter. He has been reporting on the tech industry for more than a decade. The biggest YouTuber in the world is looking beyond videos to build a multibillion-dollar empire. For the last several months, Jimmy Donaldson, aka MrBeast, has been talking with investors about raising $200 million in a funding round that would value his holding company, Beast Industries, at more than $5 billion. An investor pitch deck I’ve obtained gives an unprecedented look at
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Find related items on AmazonPublished on: 2025-06-29 05:09:49
Marvell Technology shares plummeted 19.8% after the chipmaker's guidance fell short of some elevated buyside estimates. For the first fiscal quarter, the chipmaker said it expects sales of about $1.88 billion. That was just ahead of the $1.87 billion expected by analysts polled by LSEG. However, the outlook fell short of some buyside expectations calling for around $2 billion in revenue, disappointing investors after the stock soared 83% in 2024. The results fueled some concerns about Marvell'
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