After briefly touching $3 trillion, Microsoft closed that day at a record $2.99 trillion market capitalization.
confirmed 1 article 2024-01-25
Microsoft $2.99 trillion
Microsoft briefly reached a $3T market cap for the first time on January 24, becoming the second company to do so after Apple, before closing at a record $2.99T
Bloomberg · 2024-01-25 · #34
Palworld surpasses 8 million copies sold.
confirmed 1 article 2024-01-25
Palworld
As Palworld hits 8M+ copies sold, The Pokémon Company denies having let “another company” use its IP and plans to “investigate and take appropriate measures”
TechCrunch · 2024-01-25 · #2
Illegal subscription (pirate) services bring in about $2 billion per year from ads and subscriber fees.
confirmed 1 article 2024-01-25
illegal subscription services pirate websites $2B per year ads and subscriber fees
How the rising prices of streaming services are driving users to pirate websites with a ~90% profit margin that bring in ~$2B per year in ads and subscriptions
Bloomberg · 2024-01-25 · #7
Microsoft became the second company to reach a $3 trillion market cap, following Apple.
confirmed 1 article 2024-01-25
Microsoft Apple
Microsoft briefly reached a $3T market cap for the first time on January 24, becoming the second company to do so after Apple, before closing at a record $2.99T
Bloomberg · 2024-01-25 · #34
Pirate websites reportedly operate with an approximately 90% profit margin.
confirmed 1 article 2024-01-25
pirate websites ~90% profit margin
How the rising prices of streaming services are driving users to pirate websites with a ~90% profit margin that bring in ~$2B per year in ads and subscriptions
Bloomberg · 2024-01-25 · #7
Chinese smartphone shipments fell 5% year-over-year to 271.3 million units in 2023.
confirmed 1 article 2024-01-25
Chinese smartphone shipments 271.3M units 5% YoY 2023
Chinese smartphone shipments declined 5% YoY to 271.3M units in 2023; Apple gained the top spot, a first, with 17.3% market share, followed by Honor with 17.1%
IDC · 2024-01-25 · #5
Rario raised a $120M Series A in April 2022.
confirmed 1 article 2024-01-25
Rario
Indian cricket NFT startup Rario plans to close on January 29 and relaunch in March 2024, leaving users with losses; Rario raised a $120M Series A in April 2022
The Economic Times · 2024-01-25 · #27
STMicro expects Q1 revenue to fall about 15% YoY to $3.6B, below the $4.1B consensus estimate.
confirmed 1 article 2024-01-25
STMicro Q1 revenue guidance: $3.6B
Franco-Italian chipmaker STMicro reports Q4 revenue down 3.2% YoY to $4.28B, meeting est., and expects Q1 revenue to fall 15% YoY to $3.6B, below $4.1B est.
Bloomberg · 2024-01-25 · #28
STMicro reports Q4 revenue of $4.28B, down 3.2% year-over-year, meeting analysts' estimates.
confirmed 1 article 2024-01-25
STMicro Q4 revenue: $4.28B
Franco-Italian chipmaker STMicro reports Q4 revenue down 3.2% YoY to $4.28B, meeting est., and expects Q1 revenue to fall 15% YoY to $3.6B, below $4.1B est.
Bloomberg · 2024-01-25 · #28
Microsoft briefly reached a $3 trillion market capitalization on January 24, 2024.
confirmed 1 article 2024-01-25
Microsoft $3 trillion
Microsoft briefly reached a $3T market cap for the first time on January 24, becoming the second company to do so after Apple, before closing at a record $2.99T
Bloomberg · 2024-01-25 · #34
Toronto-based Spellbook raises a $20M Series A led by Inovia Capital for its AI-powered contract drafting and review tool for lawyers.
confirmed 1 article 2024-01-25
Spellbook Inovia Capital
Toronto-based Spellbook, which offers an AI-powered contract drafting and review tool for lawyers, raised a $20M Series A led by Inovia Capital
Reuters · 2024-01-25 · #32
Reports claim Dell and Micron secretly funded a campaign targeted at Chinese rivals.
rumored 1 article 2024-01-25
Dell Micron campaign targeting Chinese rivals
Sources: research group China Tech Threat, which has advocated against Lenovo, aligns with the corporate interests of Dell and Micron, both long-term funders
Bloomberg · 2024-01-25 · #21
Sources indicate Dell and Micron have been long-term financial supporters of China Tech Threat.
rumored 1 article 2024-01-25
Dell Micron China Tech Threat
Sources: research group China Tech Threat, which has advocated against Lenovo, aligns with the corporate interests of Dell and Micron, both long-term funders
Bloomberg · 2024-01-25 · #21
Venture capitalists have invested more than $100 billion in U.S. defense technology startups since 2021.
confirmed 1 article 2024-01-25
Venture capitalists VCs US defense tech startups
VCs put $100B+ in US defense tech startups since 2021, but convincing the Pentagon to buy from them has proven difficult; only a few had $25M+ in orders in FY23
Wall Street Journal · 2024-01-25 · #19
Anomalo raised a $33M Series B led by SignalFire, bringing its total funding to $72M.
confirmed 1 article 2024-01-25
Anomalo SignalFire
Dylan Run, a Shanghai-based finance executive, began moving some of his money into cryptocurrencies in early 2023.
confirmed 1 article 2024-01-25
Dylan Run cryptocurrencies
Some Chinese investors are using creative methods to own bitcoin and other crypto that they believe are safer than China's crumbling stock and property markets
Reuters · 2024-01-25 · #11
Honor was the runner-up in China's smartphone market in 2023 with a 17.1% market share.
confirmed 1 article 2024-01-25
Honor China smartphone market 17.1% market share second_place
Chinese smartphone shipments declined 5% YoY to 271.3M units in 2023; Apple gained the top spot, a first, with 17.3% market share, followed by Honor with 17.1%
IDC · 2024-01-25 · #5
These investors believe bitcoin and other crypto are safer than China's crumbling stock and property markets.
confirmed 1 article 2024-01-25
Chinese investors China stock market China property market
Some Chinese investors are using creative methods to own bitcoin and other crypto that they believe are safer than China's crumbling stock and property markets
Reuters · 2024-01-25 · #11
Stuttgart-based Instagrid raises a $95M Series C led by TVG at a $400M–$500M post-money valuation; company sells software-enhanced 20kg portable batteries.
confirmed 1 article 2024-01-24
Instagrid TVG
Stuttgart-based Instagrid, which uses software to boost its 20kg portable batteries, raised a $95M Series C led by TVG at a $400M to $500M post-money valuation
TechCrunch · 2024-01-24 · #30
ASML reports Q4 revenue of €7.2 billion, beating estimates.
confirmed 1 article 2024-01-24
ASML Q4 €7.2B
ASML reports Q4 revenue of €7.2B and net profit up 9% YoY to €2B, both above est., orders grew 3x QoQ to €9B+, and expects 2024 net sales to be similar to 2023
Reuters · 2024-01-24 · #5
ASML reports Q4 net profit of €2.0 billion, up 9% year-over-year, above estimates.
confirmed 1 article 2024-01-24
ASML Q4 €2B up 9% YoY
ASML reports Q4 revenue of €7.2B and net profit up 9% YoY to €2B, both above est., orders grew 3x QoQ to €9B+, and expects 2024 net sales to be similar to 2023
Reuters · 2024-01-24 · #5
ASML's orders grew threefold quarter-over-quarter to over €9 billion.
confirmed 1 article 2024-01-24
ASML orders grew 3x QoQ to >€9B
ASML reports Q4 revenue of €7.2B and net profit up 9% YoY to €2B, both above est., orders grew 3x QoQ to €9B+, and expects 2024 net sales to be similar to 2023
Reuters · 2024-01-24 · #5
ASML expects its 2024 net sales to be similar to those in 2023.
confirmed 1 article 2024-01-24
ASML expects 2024 net sales similar to 2023
ASML reports Q4 revenue of €7.2B and net profit up 9% YoY to €2B, both above est., orders grew 3x QoQ to €9B+, and expects 2024 net sales to be similar to 2023
Reuters · 2024-01-24 · #5
The gaming industry is facing weak revenue growth.
confirmed 1 article 2024-01-24
gaming industry
A look at some long-term issues facing the gaming industry, including deep layoffs, weak revenue growth, and declining VC investments
MatthewBall.co · 2024-01-24 · #11
Venture capital investments in the gaming industry are declining.
confirmed 1 article 2024-01-24
gaming industry
A look at some long-term issues facing the gaming industry, including deep layoffs, weak revenue growth, and declining VC investments
MatthewBall.co · 2024-01-24 · #11
Plural raised a €400M fund (referred to as Plural II).
confirmed 1 article 2024-01-24
Plural €400M fund Plural II
Plural will invest the new €400M fund in early-stage deep tech startups.
confirmed 1 article 2024-01-24
Plural early-stage deep tech startups
Plural has backed 26 teams in its first 18 months of operation.
confirmed 1 article 2024-01-24
Plural 26 teams
Netflix reports Q4 revenue of $8.83B, up 12.5% year-over-year, beating the $8.71B estimate.
confirmed 1 article 2024-01-24
Netflix Q4 revenue $8.83B 12.5% YoY
Netflix reports Q4 revenue up 12.5% YoY to $8.83B, vs. $8.71B est., paid users up 12.8% to 260.3M, vs. 256M est., $938M net income, up from $55M; NFLX jumps 8%+
CNBC · 2024-01-24 · #18
Netflix reports 260.3 million paid subscribers (up 12.8% YoY) and 13.1 million paid net additions in Q4, its largest Q4 ever.
confirmed 1 article 2024-01-24
Netflix 260.3M paid subscribers 12.8% YoY 13.1M paid net additions in Q4 (largest Q4 ever)
Netflix reports Q4 revenue up 12.5% YoY to $8.83B, vs. $8.71B est., paid users up 12.8% to 260.3M, vs. 256M est., $938M net income, up from $55M; NFLX jumps 8%+
CNBC · 2024-01-24 · #18