Fermi, a data center real estate investment trust co-founded by former Energy Secretary Rick Perry, aims to raise $550M in a US IPO at a $13.16B valuation
www.datacenterdynamics.com/en/news/ ferm... … Threads: @bloombergbusiness : Fermi, a real estate investment trust co-founded by former Texas Governor Rick Perry, has filed for an i...
IAC board approves the spinoff of home improvement marketplace Angi; IAC has previously spun off companies like Expedia, Ticketmaster, and LendingTree
Salvador Rodriguez / CNBC :
IBM reports Q2 revenue up 2% YoY to $15.8B, vs. $15.6B est., and says bookings for AI consulting and software have exceeded $2B since mid-2023, vs. $1B in Q1
Bloomberg :
Cloud data management startup Rubrik closes up 16% at $37 per share in its NYSE debut, after raising $752M at a $5.6B valuation
Meta's Reality Labs Q1: revenue up 30% YoY to $440M, vs. $512.5M est., a $3.85B operating loss, vs. $4.31B est.; Reality Labs has lost $45B+ since 2020's end
It's burned $45 billion on the metaverse since the end of 2020. — https://www.cnbc.com/... #tech #meta #metaverse #vr X: Jason Kint / @jason_kint : So generous. This is very lik...
Meta reports Q1 revenue up 27% YoY to $36.46B, net income up 117% YoY to $12.37B, and family daily active people up 7% YoY to 3.24B on average for March 2024
Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter ended March 31, 2024.
LinkedIn starts letting users verify their profile with a work email address or phone number and plans to alert users if a message they receive seems suspicious
Here's how Elon Musk calculated the number of bots on Twitter — Robot artist Ai-Da reset while speaking to UK politicians
A look at Intel's challenges in building its $20B Ohio chip fabs, set to open in 2025, including finding 7,000 construction workers during a local building boom
Ohio's largest-ever economic development project comes with a big employment challenge: how to find 7,000 construction workers …
Twitter appoints Elon Musk to its board after Musk purchased a 9.2% stake in the company; Musk cannot own more than 14.9% of Twitter while on the board
- Elon Musk will join Twitter's board of directors after taking a 9.2% stake in the social media company, according to a release filed with the SEC.
Coinbase beats with $2.5B Q4 revenue, $840M net income, and 11.4M monthly transacting users, up from 7.4M in Q3; 2021 revenue was $7.4B, up from $1.1B in 2020
2021 was a year of tremendous growth and development in the cryptoeconomy, as well as for Coinbase. MK Manoylov / The Block : Coinbase earned $2.5 billion in net revenue during 202...
Snap reports its first quarterly net profit, with $1.3B in Q4 revenue, up 42% YoY, and $23M net income; FY 2021 revenue grew 64% to $4.1B; stock rises 40%+
Lauren Feiner / CNBC :
Snap reports its first quarterly net profit, with $1.3B in Q4 revenue, up 42% YoY, and $23M net income; FY 2021 revenue grew 64% to $4.1B; stock rises 40%+
Lauren Feiner / CNBC :
Apple reports Q1 Mac revenue of $10.85B, up 25% YoY, iPad revenue of $7.25B, down 14% YoY, and other products revenue, including Watch, of $14.70B, up 13% YoY
Kif Leswing / CNBC :
Apple reports Q1 revenue of $123.9B, up 11% YoY, net income of $34.6B, up from $28.8B YoY, Services sales of $19.5B, up from $15.8B YoY, iPhone sales of $71.6B
Revenue up 11 percent to new all-time record — iPhone, Mac, Wearables, and Services revenue reach new all-time highs
Amazon misses with Q3 revenue of $110.8B, up 15% YoY, vs $111.6B est., net income of $3.2B, down from $6.3B YoY, AWS net sales of $16.1B, up 39%; stock down 4%+
SEATTLE—(BUSINESS WIRE)— Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its third quarter ended September 30, 2021.
Twitter launches Super Follows for iOS, letting a select group of US test users charge either $2.99, $4.99, or $9.99 per month for their tweets
Select users in the US can now charge for tweets — Twitter is starting to roll out Super Follows, its new feature that lets users charge for subscriber-only content. Source: Twit...
PayPal has hired the co-founder of online brokerage TradeKing to lead the “Invest at PayPal” unit, which, sources say, plans to let US customers trade stocks
In a filing, Amazon disclosed EU privacy regulators fined the company a record $888M for violating GDPR data storage rules in a July 16 decision
or 1 in every 169 workers Nathan Ord / HotHardware.com News : Amazon Slapped With Nearly $900 Million Fine Over EU Privacy Violations Marketing Dive : Amazon ad sales jump 87% as c...
Amazon reports Q2 revenue of $113.08B vs. $115.2B est., net sales grew 27% YoY, net income of $7.8B, and AWS net sales of $14.8B, up 37% YoY; stock down 5%+
Amazon reports Q2 revenue of $113.08B vs. $115.2B est., net sales grew 27% YoY, net income of $7.8B, and AWS net sales of $14.8B, up 37% YoY; stock down 5%+
SEATTLE—(BUSINESS WIRE) July 29, 2021—Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its second quarter ended June 30, 2021.