Meta's Reality Labs unit generated $1B+ in Q4 revenue but saw a record $4.65B operating loss; the metaverse division has now lost $42B+ since the end of 2020
Meta's Reality Labs hit $1 billion in revenue for the first time Dean Takahashi / VentureBeat : Meta Reality Labs loses $4.65B in Q4 Threads: Benedict Evans / @benedictevans : Best quarter ever for Me...
Bitcoin fell to under $18K on Saturday, below its $19,511 high during its 2017 bull cycle, as ether dropped below $1K; both are down 70%+ since November 2021
what this means Robert Reich / The Guardian : The Crypto Crash: all Ponzi schemes topple eventually Hudson Lockett / Financial Times : Celsius warns it will ‘take time’ to stabilise as bitcoin hovers ...
About 56% of crypto startups that raise money via ICOs die within 4 months of their token sales being finalized, says study of 2,390 ICOs completed before May
AT&T Risking HBO Franchise With Corporate Pressure John McMahon / NewsBTC : Study Finds that Over Half of ICOs Die in First Four Months PYMNTS.com : Bitcoin Daily: Floating Crypto City Planned, Google...
Square files publicly for an IPO on $560.6M revenue and $77.6M loss for first half of 2015, seeks listing on NYSE under symbol SQ
SQUARE, INC. Josh Beckerman / Wall Street Journal : Square Discloses IPO Plans Ruth Reader / VentureBeat : Square officially files for IPO Fortune : Square files for its long-awaited IPO Rachel King /...