Spotify is cracking down on white noise podcasters as they will no longer be eligible for its Ambassador Ads program where it used to pay creators for talking about its podcasting platform.
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Meta has released its second-quarter earnings report. It has seen an increase in revenues, an increase in users, and expects its third-quarter revenues to grow even higher to $32-34.5 billion.
Amazon has continued to increase its net sales in the first quarter despite a poorer economic backdrop. Year-over-year, the company is also seeing better figures and expects this to continue into Q2.
Meta has reported year-over-year growth in revenue for the first quarter of 2023. This is despite the worsening economic outlook. Investors have responded positively with the stock up after hours.
Semiconductor revenues are expected to fall by 11% this year down to $532 billion. It comes as business demand for electronics has weakened due to the worsening economic conditions.
Foxconn has reported that its revenue fell by 11.65% compared to the same period last year due to low demand of electronic products worldwide, and also due to manufacturing disruptions in China.
Apple dominated the global smartphone market in 2022, collecting its highest ever operating profit of 85% and 48% of revenue from smartphone sales, according to Counterpoint Research.
Our latest edition of Microsoft Weekly unpacks news about Microsoft's declining revenues in consumer categories, some Windows 11 updates, bugs, and fixes, and a bunch of app enhancements.
IBM will lay off about 3,900 of its employees, equivalent to about 1.5% of the company's workforce. The tech firm will spend about $300 million to pay for the severance of eliminated staff.
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Microsoft has posted $52.7 billion in revenue for the previous quarter. While there is decent growth in the cloud, it is mostly offset by declines in the consumer market such as Xbox and Windows.
TSMC, a contract chipmaker, reported that its November revenue totaled 222.71 billion Taiwan dollars ($7.27 billion), representing a 50.2% year-over-year increase with Apple being a major contributor.
Gartner has downgraded its semiconductor revenue growth estimate for next year. The analyst has earlier predicted higher growth, but now revenue will fall by 3.6% in the coming year.
NVIDIA reported $2.04 billion in gaming revenue for the first half of 2022, down from the $3.06 billion it made in 2021. AMD, on the other hand, managed to increase its revenue from gaming.
Microsoft has published a strong quarter for its latest quarter (FY22 Q4) yet again. However, it has blamed global and macroeconomic factors for certain unfavorable financial results.
Netflix confirmed it lost about a million subscribers in Q2 2022. But the streaming service also gained a million new members in the same quarter. Its share prices have jumped and so has its revenue.
Netflix is testing a new subscription model designed to discourage password-sharing without returning extra revenue to the company. Users can set additional streaming homes for $2.99/month.
Content creators can enjoy relief on revenues for another year with Meta's new policy. Revenue cuts on subscriptions etc will now be from 2024. More monetizable features have been introduced too.
Microsoft has reported an exceptionally strong quarter with a revenue of $49.4 billion and a net income of $16.7 billion. This was due to growth across practically all of its business segments.
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Instagram has increased the lowest daily limit to 30 minutes. Prior, you could set the app usage limit to 15 minutes but that option is no longer available. The move should help bolster revenues.
Statista has predicted that digital ad revenues will increase from $356 billion to $460 billion by 2024. The growth will be down to growing internet use and a growth in digital platforms.
Acer has announced that it had one of its best Decembers in almost a decade after seeing consolidated revenues in the month reach $1.066 billion. Yearly revenues reached $11.51 billion.
In this week, we learned about some of Microsoft's unannounced projects such as Windows 11 SE, new Defender and Loop apps, and a Surface laptop. There were also some tensions with the .NET community.
Microsoft has reported a strong first quarter of its 2022 fiscal year with a revenue of $45.3 billion. It demonstrated strong growth in cloud offerings and Windows while Surface continued to decline.
A Twitter representative has said that the company is testing the insertion of ads in replies to tweets. It's possible that this experience will be opt-in and creators will receive an ad revenue cut.
Nintendo has announced that it is shutting down Dr. Mario World in November, just a little over two years after the game's launch. The title was reportedly doing poorly in terms of revenue.
Apple has reported strong results for FY21 Q3 in terms of net sales, net income, and gross margins. Services hit an all-time high while hardware sales exhibited growth across the board as well.
The last seven days have brought a very impressive earnings report from Microsoft, an increase of the cut for PC game devs, and a fix for a faulty Windows update. Be sure to catch up via our overview.
Samsung has posted its highest-ever quarterly revenue in Q3 2020 and saw a 52% increase in operating profit led by a strong demand for smartphones, memory chips, and consumer electronics.
Google is looking to offer Samsung a lucrative deal so that the Korean company drops Bixby and Galaxy Apps store from its devices and instead prominently highlights Google's apps and services.
Huawei has cut its Indian revenue target by roughly 50%. Additionally, the firm will lay off 60-70% of its staff in the country, excluding those in research and development and Global Service Centre.
Xiaomi has said that its sales outperformed analysts expectation in the first quarter. The results are a little bit surprising given the fact that China and many other countries have been locked down.
This week we got to see Microsoft's Q3 FY2020 earnings report, a couple of new Insider builds, and even confirmation that we'll see Series X gameplay next week. Catch up via this overview.
Google has announced that it is waiving the ad serving fees for news publishers that use Ad Manager. The move comes as Google tries to lend a helping hand to publications hit by COVID-19.
In its fourth-quarter financial report, Twitter revealed that it had revenues in excess of $1 billion in one quarter for the first time. It put this rise, in part, down to increased U.S. ad revenues.
In this week's recap, we take a look at the results for the company's Q2 fiscal 2020, find out when the redesigned Xbox One dashboard ships, and much more. Be sure to catch up below.
Recently disclosed financial reports show that HTC's revenues have seen a 57% dip over the previous year. The Taiwanese firm grossed just $333 million in 2019 compared to $789 million in 2018.
The search engine, Ecosia, which focuses on turning ad revenue into trees, has announced that it's tree counter was sped up recently thanks to the number of searches, by users, growing.
This week we found got to see Microsoft's results for the fourth quarter of fiscal year 2019, the announcement of a public preview of Project xCloud at gamescom, and more. Catch up on the news below.
As another week comes to an end, we take a look at Microsoft's Q3 2019 results, a few changes related to the May 2019 Update, and the death of Sets. Be sure to catch up via the handy guide below.
Pokémon GO, the hit mobile game, saw a huge increase in revenues in January year-over-year. According to the analyst Sensor Tower, the game also moved nine places up in the highest grossing apps list.
