Royalties from digital services to UK copyright society PRS for Music rose 17% to £145.7M in 2018, the first year of its licensing deal with Facebook — British collecting society PRS for Music saw its collections grow by 4.4% to £746m (around $965.4m) in 2018, setting a new record.
Amazon is looking to hire a managing editor of news for its video doorbell company Ring to “deliver breaking crime news alerts to our neighbors” — When news organizations think about competition from tech companies, it's usually in terms of the audience's attention and advertisers' dollars.
Samsung posts a profit of $5.4B in Q1, down 60% YoY, as its semiconductor and mobile businesses post a 64% drop and a 40% drop in operating profits respectively — SEOUL (Reuters) - Samsung Electronics Co Ltd posted a 60 percent drop in first-quarter operating profit on Tuesday …
Uber has capped the number of drivers in NYC since Apr. 1, source says due to NYC's new driver wage rules; Lyft has similarly capped drivers since Apr. 19 — Uber's and Lyft's once inexorable-seeming growth in New York City has ground to a halt. — Uber stopped hiring new drivers in New York City on April 1.
Uber adds public transit directions and schedules to its app for users in London, after bringing the feature to users in Denver in January — Uber aims to become a one-stop shop for all modes of transportation — Uber is adding public transportation schedules and directions to its app in London.
Amazon announces that the Alexa Skills Kit now supports Spanish in the US and that Alexa-enabled devices in the US will gain support for Spanish later this year — Hola, Alexa. ¿Cómo estás? Amazon today announced that the Alexa Skills Kit (ASK) …
Google says Q1 results reflect industry pressure on premium smartphone sales; Sundar Pichai cites “year over year headwinds” after the release of Pixel 3 line — Alphabet's Q1 earnings were a disappointment for Wall Street, courtesy primarily of ad revenue shortcomings.
Twitter announces live streaming content deals with Univision, WSJ, and Time and new initiatives with previous partners including Viacom, the NFL, and ESPN — - Twitter Expands Live-Streaming Video Lineup, Sets Content Deals With Viacom, ESPN, Live Nation, Univision, and More
On paid email newsletter platforms, small audiences are translating to dollars for writers, such as on Substack, where the 12 top earners make $160K+ on average — As writers gravitate toward paid email newsletters, small audiences translate to meaningful dollars.
CoinSchedule: UAE accounted for 25%+ of all funds raised in digital coin offerings in 2019 through early April, as US falls from being the leader in 2018 to 7th — - Nation accounts for more than quarter of funds raised in 2019 — Singapore and U.K. lead in the number of digital token sales
How Menlo Ventures landed a stake in Uber by leading a $32M Series B at the last moment, after a16z failed to accept Uber's terms, and went on to reap billions — How Menlo Ventures landed a stake in Uber worth billions — Menlo Ventures was founded in 1976 but it took 35 years for the venture capital firm to hit the jackpot.
Alphabet's “Other Bets”, which includes Waymo, Verily, Fiber, and others, had a Q1 operating loss of $868M on revenues of just $170M, up from $150M YoY — After warning investors that it would be taking a $1.7 billion (€1.5 billion) charge this quarter due to a fine …
Sources: Anki, the robotics startup that raised $200M+ from investors including a16z, is shuttering and laying off its staff of 200 with one week's severance — It's a hard, hard fall. — Anki, the robotics company that has raised over $200 million in venture capital …
Alphabet Q1: revenue of $36.3B, up 17% YoY, net income of $6.66B with EC fine, CPC down 19%, and paid clicks on Google properties up 39% YoY; stock drops 7%+ — MOUNTAIN VIEW, Calif. - April 29, 2019 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended March 31, 2019.
The We Company, better known as WeWork, announces it has filed confidentially for IPO; the company has said its 2018 revenue was $1.8B with a net loss of $1.9B — KEY POINTS — The We Company, better known as WeWork, filed confidentially for an IPO. — The company did not reveal …
Pranshu Verma / Washington Post : Arizona's Maricopa County is set to have the second largest concentration of US data centers by 202...
