Netflix reports Q4 net income of $938M, up from $55M a year earlier.
confirmed 1 article 2024-01-24
Netflix $938M net income up from $55M prior year
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 shares jump more than 8% following the quarterly results and subscriber beat.
confirmed 1 article 2024-01-24
Netflix NFLX stock jumps (8%+ reported)
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 says advertising is not yet a primary driver of its overall revenue growth.
confirmed 1 article 2024-01-24
Netflix advertising
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 says the WWE deal fits within its anticipated $17B content spending for 2024 and is not a change to its sports strategy.
confirmed 1 article 2024-01-24
Netflix WWE deal $17B content spending in 2024
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's CEO attributes the company's healthy top-line growth to paid sharing, recent price changes, and the strength of the underlying business.
confirmed 1 article 2024-01-24
Netflix CEO paid sharing recent price changes
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
Bilt Rewards raises a $200M equity round led by General Catalyst with participation from Eldridge.
confirmed 1 article 2024-01-24
Bilt Rewards General Catalyst Eldridge $200M
NYC-based Bilt Rewards, which converts rental payments to points, raised $200M led by General Catalyst at a $3.1B valuation, and says users spend $20B annually
Bloomberg · 2024-01-24 · #24
Bilt Rewards is valued at $3.1B following the funding round.
confirmed 1 article 2024-01-24
Bilt Rewards $3.1B
NYC-based Bilt Rewards, which converts rental payments to points, raised $200M led by General Catalyst at a $3.1B valuation, and says users spend $20B annually
Bloomberg · 2024-01-24 · #24
Bilt Rewards says its users spend $20B annually.
confirmed 1 article 2024-01-24
Bilt Rewards users $20B annually
NYC-based Bilt Rewards, which converts rental payments to points, raised $200M led by General Catalyst at a $3.1B valuation, and says users spend $20B annually
Bloomberg · 2024-01-24 · #24
General Catalyst leads the $200M investment round in Bilt Rewards.
confirmed 1 article 2024-01-24
General Catalyst Bilt Rewards $200M
NYC-based Bilt Rewards, which converts rental payments to points, raised $200M led by General Catalyst at a $3.1B valuation, and says users spend $20B annually
Bloomberg · 2024-01-24 · #24
Intel sold its Dalian NAND flash memory chip plant to SK Hynix for $9B in 2020.
confirmed 1 article 2024-01-24
Intel NAND flash memory chip plant in Dalian, China SK Hynix
A look at SK Hynix's NAND flash memory chip plant in Dalian, China, acquired from Intel for $9B in 2020, which is now in limbo because of US-China export rules
Bloomberg · 2024-01-24 · #32
Kittl raised a $36M Series B round led by IVP.
confirmed 1 article 2024-01-24
Kittl IVP
Berlin-based Kittl, which is developing a browser-based graphic design tool, raised a $36M Series B led by IVP, just a year after raising an $11.6M Series A
TechCrunch · 2024-01-24 · #33
Kittl raised an $11.6M Series A roughly one year prior.
confirmed 1 article 2024-01-24
Kittl
Berlin-based Kittl, which is developing a browser-based graphic design tool, raised a $36M Series B led by IVP, just a year after raising an $11.6M Series A
TechCrunch · 2024-01-24 · #33
Research (TechCrunch) reports African startups raised between $2.9B and $4.1B in 2023, down from $4.6B–$6.5B in 2022.
confirmed 1 article 2024-01-24
African startups 2023: $2.9B\u2013$4.1B 2022: $4.6B\u2013$6.5B
Research: African startups raised between $2.9B and $4.1B total in 2023, down from $4.6B to $6.5B in 2022, with Egypt, Kenya, Nigeria, and South Africa leading
TechCrunch · 2024-01-24 · #36
Egypt, Kenya, Nigeria, and South Africa were the leading countries for African startup funding according to the research.
confirmed 1 article 2024-01-24
Egypt Kenya Nigeria South Africa
Research: African startups raised between $2.9B and $4.1B total in 2023, down from $4.6B to $6.5B in 2022, with Egypt, Kenya, Nigeria, and South Africa leading
TechCrunch · 2024-01-24 · #36
AiDash raised a $50M Series C round led by Lightrock; the company uses AI to analyze satellite imagery to spot fire and weather risks on power lines.
confirmed 1 article 2024-01-24
AiDash Lightrock
AiDash, which uses AI to search satellite images to spot fire and weather risks on power lines, raised a $50M Series C led by Lightrock
Reuters · 2024-01-24 · #37
Texas Instruments reports Q4 revenue fell 13% year-over-year to $4.08B, missing the $4.13B estimate.
confirmed 1 article 2024-01-24
Texas Instruments Q4 $4.08B down 13% YoY vs. $4.13B est.
Texas Instruments reports Q4 revenue down 13% YoY to $4.08B, vs. $4.13B est., and FY 2023 sales down ~13% YoY, the company's biggest fall in over a decade
Bloomberg · 2024-01-24 · #39
Texas Instruments reports FY 2023 sales declined roughly 13% year-over-year, its biggest annual drop in over a decade.
confirmed 1 article 2024-01-24
Texas Instruments FY 2023 down ~13% YoY largest annual fall in over a decade
Texas Instruments reports Q4 revenue down 13% YoY to $4.08B, vs. $4.13B est., and FY 2023 sales down ~13% YoY, the company's biggest fall in over a decade
Bloomberg · 2024-01-24 · #39
Supermicro's stock jumped over 430% since early 2023 amid the AI-driven market rally.
confirmed 1 article 2024-01-24
Supermicro
Supermicro's stock jumped 430%+ since early 2023 during the AI frenzy, outpacing Nvidia, boosting the value of its founder's 12% stake, plus options, to $3.3B
Bloomberg · 2024-01-24 · #42
The stock surge boosted the value of Supermicro's founder's 12% stake plus options to about $3.3 billion.
confirmed 1 article 2024-01-24
Supermicro founder founder's 12% stake options
Supermicro's stock jumped 430%+ since early 2023 during the AI frenzy, outpacing Nvidia, boosting the value of its founder's 12% stake, plus options, to $3.3B
Bloomberg · 2024-01-24 · #42
Supermicro's stock performance outpaced Nvidia during the same period.
confirmed 1 article 2024-01-24
Supermicro Nvidia
Supermicro's stock jumped 430%+ since early 2023 during the AI frenzy, outpacing Nvidia, boosting the value of its founder's 12% stake, plus options, to $3.3B
Bloomberg · 2024-01-24 · #42
Clerk raised a $30M Series B round led by CRV.
confirmed 1 article 2024-01-23
Clerk $30M Series B CRV
In 2023 U.S. Generation X consumers shopped more frequently and spent more on Temu than Gen Z.
confirmed 1 article 2024-01-23
Generation X Gen Z Temu
Attain: Boomers and Generation X consumers in the US shopped more frequently and spent more than Gen Z on Temu in 2023; Boomers shopped twice as much as Gen Z
Bloomberg · 2024-01-23 · #5
Silverfort reportedly raised a $116M Series D led by Brighton Park Capital at an around $1B valuation.
rumored 1 article 2024-01-23
Silverfort Brighton Park Capital
Silverfort, which provides identity threat protection tools, raised a $116M Series D led by Brighton Park Capital, sources say at an “around” $1B valuation
TechCrunch · 2024-01-23 · #23
In 2023 U.S. Boomers shopped on Temu about twice as often as Gen Z.
confirmed 1 article 2024-01-23
Boomers Gen Z Temu
Attain: Boomers and Generation X consumers in the US shopped more frequently and spent more than Gen Z on Temu in 2023; Boomers shopped twice as much as Gen Z
Bloomberg · 2024-01-23 · #5
Prime Video faces challenges attracting large brands that do not already sell products on Amazon to buy ad inventory on its platform.
confirmed 1 article 2024-01-23
Amazon Prime Video large brands that don't sell on Amazon
A look at the challenges Amazon Prime Video faces as it plans to show ads, including attracting large brands that don't already sell products on Amazon
Wall Street Journal · 2024-01-23 · #28
Attain found U.S. Boomers and Generation X consumers shopped more frequently and spent more on Temu in 2023 than Gen Z.
confirmed 1 article 2024-01-23
Boomers Generation X Gen Z Temu
Attain: Boomers and Generation X consumers in the US shopped more frequently and spent more than Gen Z on Temu in 2023; Boomers shopped twice as much as Gen Z
Bloomberg · 2024-01-23 · #5
MIT CSAIL study finds that only 23% of US wages for vision tasks would be economically attractive to automate with AI, due to large upfront and operating expenses.
confirmed 1 article 2024-01-23
MIT CSAIL vision tasks US wages
MIT CSAIL study: only 23% of US wages for doing vision tasks would be economically attractive to automate with AI, due to large upfront and operating expenses
TechCrunch · 2024-01-23 · #3
Sources say FTX sold 22 million Grayscale Bitcoin Trust (GBTC) shares worth nearly $1 billion.
rumored 1 article 2024-01-23
FTX Grayscale Bitcoin Trust (GBTC) shares
Sources: FTX sold 22M Grayscale Bitcoin Trust shares, worth nearly $1B, explaining the outflows after the US SEC approved 11 ETFs and BTC's price tumbling since
CoinDesk · 2024-01-23 · #37
Vietnam-based internet company VNG withdraws its registration for a US IPO after postponing it in September 2023, saying it will seek to register in the future.
failed 1 article 2024-01-23
VNG US IPO
Filing: Vietnam-based internet company VNG withdraws its registration for a US IPO, after postponing it in September 2023, saying it will register in the future
Bloomberg · 2024-01-23 · #27
Tencent shares rose about 6%+ following the news.
confirmed 1 article 2024-01-23
Tencent
China's gaming regulator takes down draft rules, published in December to set spending limits and ban daily login rewards in online games; Tencent rose 6%+
Reuters · 2024-01-23 · #29