Saturday, July 11, 2020

Zomato says its FY 2020 revenue was $394M, up 105% YoY, and EBITDA loss reached $293M vs. $277M in FY 2019, as Zomato Gold/Pro had 1.7M subscribers as of March (Aroon Deep/MediaNama)

Aroon Deep / MediaNama:
Zomato says its FY 2020 revenue was $394M, up 105% YoY, and EBITDA loss reached $293M vs. $277M in FY 2019, as Zomato Gold/Pro had 1.7M subscribers as of March  —  “While FY19 saw hyper-competition between four well-funded food delivery players, FY20 ended with a two player market structure …



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Once hailed as an AI visionary, Satya Nadella faces pressure as a compute crunch forces Microsoft to prioritize its own AI products over Azure cloud customers (Ashley Stewart/Business Insider)

Ashley Stewart / Business Insider : Once hailed as an AI visionary, Satya Nadella faces pressure as a compute crunch forces Microsoft to ...