Memo: TikTok CEO Shou Zi Chew says ByteDance's US entities will retain direct control over core US revenue drivers, including ecommerce, ads, and marketing
www.ft.com/content/7a77... Justin Hendrix / @justinhendrix : “TikTok has signed an agreement to create a US joint venture under a deal brokered by President Donald Trump that leaves the app's Chinese ...
Sources: ByteDance replaced some TikTok Shop's US staff in Seattle with China-based managers after 2024 US revenue hit $9B, far short of its $17.5B goal
Bloomberg :
Palantir reports Q4 revenue up 36% YoY to $828M, vs. $776M est., and US commercial revenue up 64% YoY; PLTR, which soared 340% in 2024, jumps ~20%
Becoming $200 Billion Company Avi Eberstein / Wall Street Pit : Palantir Warns Against DeepSeek AI, Predicts 2025 Revenue Surge Namrata Sen / Benzinga : PLTR Stock Surges Over 17% In Pre-Market After ...
Sources detail how Elon Musk undermined CEO Linda Yaccarino's efforts to repair X's business over the past year; X's US revenue fell 53% YoY to $114M in Q2
Linda Yaccarino, the C.E.O. of X, has worked hard to bring back advertisers and fix the platform's business.
Sources detail how Elon Musk undermined CEO Linda Yaccarino's efforts to repair X's business over the past year; X's US revenue fell 53% YoY to $114M in Q2
Linda Yaccarino, the C.E.O. of X, has worked hard to bring back advertisers and fix the platform's business.
Sources: TikTok's US revenue hit a record $16B in 2023 while ByteDance saw revenue grow ~40% YoY to $120B in 2023 and recorded a $28B net profit
Parent company ByteDance on track to become world's biggest social media group with $120bn in global sales — TikTok has hit $16bn in sales in the US …
An investigation details Twitter's business in China: local governments and state media buying ads, a growing non-US revenue stream, internal tensions, and more
Even as China bars 1.4 billion citizens from Twitter, its local authorities are splurging on global advertising on the site … Tweets: @niubi , @mattnavarra , @780thc , @olivertheyoung , @aparanjape , ...
Software has eaten the world, fading into the background like electricity or cars before, and is now secondary to conventional industry differentiation concerns
Benedict Evans : Tweets: @chanezon , @josephflaherty , @eric_seufert , @eric_seufert , @hkanji , @craigmod , @benedictevans , @helgeklein , and @dwellington Tweets: @chanezon : “this year's MBA class...
Sources: TikTok expects its US revenue to hit $500M this year; in 2019, TikTok brought in about $200M to $300M in worldwide revenue
TikTok has taken off like a rocket ship in the U.S. and around the world, creating a new mobile video experience that has left YouTube and Facebook scrambling to keep up. Tweets: @digitalshields See a...
RIAA: US revenue for recorded music grew 12% in 2018 to $9.8B largely due to a 30% surge in streaming revenue; subscriptions to services like Spotify topped 50M
The U.S. music industry posted its third consecutive year of double-digit growth, according to the RIAA's year-end revenue report issued today.