Reddit's Strong Q1 Earnings Surge

Reddit beats Q1 earnings expectations and provides optimistic sales guidance for Q2 amidst economic uncertainties.

Amazon Ad Revenue Surges 19%

Amazon's ad revenue surged 19% to $13.92 billion, exceeding estimates and solidifying its position in digital advertising.

FuboTV Loses Subscribers This Quarter

FuboTV lost subscribers in Q1 but reported increased revenue due to a merger deal with Hulu.

UPS Cuts 20,000 Jobs Amid Decline

UPS plans to cut 20,000 jobs due to reduced shipments from Amazon, aiming to save $3.5 billion this year.

Charter Loses 181,000 Pay TV Subscribers

Charter Communications lost 181,000 pay TV subscribers in the first quarter, yet reported slight overall revenue growth.

Mystery Whales Spend Billions on Nvidia

Three anonymous customers spent over $30 billion on Nvidia's AI chips this year, highlighting the company's market dominance and risks.

Sonos Revenue Declines After App Crisis

Sonos experiences an 8% revenue decline following a problematic app launch, but hardware sales show customer resilience.

Perplexity Introduces Ads to Platform

Perplexity introduces ads on its AI platform, offering “sponsored follow-up questions” to generate revenue without compromising user data.

Netflix Q3 Earnings Beat Estimates

Netflix's Q3 2024 earnings beat estimates, driven by a 35% increase in ad-tier memberships and strong subscriber growth.

Evening Standard Reports £21m Losses

Evening Standard's losses reached £21m in 2023, marking the highest losses since going free in 2009.

Evening Standard Reports £21m Losses

Evening Standard reported record losses of £21m in 2023, prompting significant operational changes and staff reductions.

Financial Times Hits £500 Million Revenue

Financial Times achieves over £500m revenue in 2023, marking a historic financial milestone amid growth in various segments.

Financial Times Hits £500 Million Revenue

Financial Times surpasses £500m annual revenue for the first time, driven by advertising growth and digital subscriptions.

Automattic vs. WP Engine Dispute

Automattic demanded 8% of WP Engine’s revenue, complicating the ongoing dispute over WordPress usage and trademark rights.

Washington Post Tests Flexible Payments

The Washington Post tests flexible payment options, allowing week-long access for $4 to $10 without automatic renewal.

All3Media Receives $119M Investment Boost

All3Media secures $119M funding from RedBird IMI to bolster growth and acquisitions after recent acquisition.