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Google parent Alphabet reports total revenue of $61.9B in Q2 2021, a 62% increase.
Apple reported record revenue of $81.4B in the third quarter of fiscal 2021, a 36% increase year-over-year.
Year-old streaming service Peacock continues to grow its subscriber base and advertisers, but it is losing hundreds of millions of dollars.
GM sues Ford over possible trademark infringement, NBC intentionally limits Peacock’s Olympics coverage, and Sports Illustrated signs podcast deal with iHeartMedia.
Spotify reported subscriber and revenue growth in the second quarter of 2021, ahead of expectations.
Microsoft finished fiscal year 2021 strong, driven by double-digit growth in cloud services.
In its Q2 2021 financials, AT&T’s WarnerMedia reported strong revenue and subscriber growth, driven by HBO Max.
Twitter reported total Q2 revenue of $1.19 billion, a 74% increase year-over-year and an 11% increase in monetizable daily average users.
Netflix finishes the second quarter of 2021 with 209 million paid members, ahead of forecast.
Google hopes to attract more Stadia game developers with financial incentives including a 70% revenue share for new games.
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