Revenue and Sales
Latest
Roku grows to 60.1M active users in 2021, but stock drops dramatically after revenue growth slows.
New York Times makes changes to Wordle, Tumblr adds a tip jar, fuboTV adds back monthly subscriptions.
Though Shopify reported a 41% increase in earnings, they also reported a $(371.3)M net loss.
Meta threatens to pull FB & Insta from Europe; Snap shares surge after posting 1st profit; Twitter tests ‘downvote’ button.
Bon Appétit and Epicurious offer paid recipe subscriptions; Hulu & Fox reach streaming deal; creator Hank Green says “TikTok sucks.”
Meta stock dropped nearly 30% after the company returned lackluster results for Q4 and full year 2021 and an uncertain outlook for Q1 2022.
After a $439M loss, Peloton’s CEO resigns and the company plans to lay off 2.8K employees and cut $800M in annual costs.
In its Q4 2021 earnings report, Amazon announced they are raising Prime membership fees in the U.S. to cover rising costs.
On the heels of two acquisitions and a strong 2021, The New York times raises their subscriber goal to 15M by the end of 2027.
Despite supply chain constraints, Apple reported record revenue of $123.9B for Q1 FY22, driven by strong device and services revenue.
