Techmeme

Results 11 - 20 of about 116:

Alfred Lee / The Information:
Sources: in Q3 2017, Spotify made €1B in revenue, putting it on track for €4B in full year revenue, up 40% YoY, and had an operating loss between €70M and €90M   —  Spotify generated a billion euros ($1.2 billion) in revenue in the third quarter of 2017, according to two investors briefed on the numbers.
Feb 6, 2018, 7:30 PMIn context
Amir Efrati / The Information:
Sources: Pinterest earned ~$310M in revenue during Q1-Q3 of 2017, expects ~$490M for the year, falling short of projected $500M, and plans 2019 IPO   —  Pinterest is likely to slightly fall short of its revenue projection for 2017, says a person briefed on the numbers.
Dec 20, 2017, 7:30 PMIn context
Serena Saitto / The Information:
Sources: neighborhood social network Nextdoor has raised $75M in new funding at a valuation higher than previous round's $1.1B valuation in 2015   —  Nextdoor, the social media platform for city neighborhoods, has raised $75 million at a valuation above the $1.1 billion level it reached …
Dec 11, 2017, 3:33 PMIn context
Amir Efrati / The Information:
Sources: Lyft made $483M in revenue in the first half of the year, more than all of last year; net loss fell from $283M last year to $206M   —  Lyft's finances improved in the first half of 2017, new documents show, as the company lost less money on revenue estimated to be 200% higher than the year-earlier period.
Nov 30, 2017, 5:20 PMIn context
Reed Albergotti / The Information:
Sources: Andy Rubin left Google in 2014 after internal inquiry found he had an inappropriate relationship with a subordinate, has now taken leave from Essential   —  Andy Rubin, the creator of Android and a key executive at Google Inc. for nine years, left the company in 2014 shortly …
Nov 29, 2017, 3:05 AMIn context
Juro Osawa / The Information:
Alibaba to Invest $2.9 Billion in Chinese Retail Megastore Operator   —  Alibaba Group has agreed to invest about $2.9 billion in one of China's largest operators of retail megastores, according to a person familiar with the matter.  —  The investment in Sun Art Retail Group …
Nov 19, 2017, 1:10 PMIn context
Tom Dotan / The Information:
Sources: Snap's head of engineering Tim Sehn to step down; announcement expected today   —  Snap's vice president of engineering Tim Sehn is stepping down from the company, say people familiar with the matter.  His departure is expected to be announced Wednesday when the company files details …
Nov 7, 2017, 9:20 PMIn context
Kevin McLaughlin / The Information:
Source: VMware to acquire software-based networking startup VeloCloud; VeloCloud has raised $84M in funding since launch in 2012   —  VMware has struck a deal to acquire software-based networking startup VeloCloud Networks, according to a person close to VeloCloud, in a move that is likely …
Nov 1, 2017, 6:40 PMIn context
Tom Dotan / The Information:
Sources: Snap overestimated demand for Spectacles, has hundreds of thousands of unsold units in warehouses; Evan Spiegel previously said sales beat expectations   —  Snap badly overestimated demand for its Spectacles and now has hundreds of thousands of unsold units sitting in warehouses …
Oct 23, 2017, 10:25 AMIn context

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