Techmeme

Results 1 - 10 of about 52:

Sara Salinas / CNBC:
Google's stock rose 2% by the end of trading, adding nearly $17B to its market value, the same day it was fined €1.49B by the EU Commission   —  - The stock rose 2 percent by the end of trading adding nearly $17 billion to the company's market value.  — Alphabet's gains on Wednesday add …
Mar 20, 2019, 5:35 PMIn context
Sara Salinas / CNBC:
Lyft S-1: 2018 revenue of $2.2B up 100% YoY, gross bookings of $8.1B from 1B+ rides, loss of $911M, up 32% YoY, 39% market share in the US, up from 22% in 2017   —  - In Lyft's long-awaited IPO prospectus, the Uber archrival says its share of the market has grown to 39 percent.
Mar 1, 2019, 11:52 AMIn context
Sara Salinas / CNBC:
Zillow says CEO Spencer Rascoff is stepping down, to be replaced by co-founder and former CEO Rich Barton, as the company announces Q4 earnings   —  - Rascoff, also a co-founder, served as CEO for nearly a decade.  He recently oversaw a tumultuous transition for Zillow as the home buying platform moved …
Feb 21, 2019, 4:25 PMIn context
CNBC:
AT&T says it is pulling all advertising from YouTube, after reports of pedophiles openly using the platform; Nestle and Epic Games have also pulled ads   —  - AT&T and Hasbro are pulling ads from YouTube following reports that pedophiles have latched onto videos of young children and lurk in the comments section.
Feb 21, 2019, 2:17 PMIn context
Sara Salinas / CNBC:
SEC charges Gene Levoff, Apple's ex-VP of Corporate Law, with insider trading, alleging he traded on earnings info in 2015 and 2016; Levoff was fired in Sept.   —  - Gene Levoff, senior director of corporate law and corporate secretary until September, “traded on material nonpublic information …
Feb 13, 2019, 11:57 AMIn context
Sara Salinas / CNBC:
Alphabet's traffic acquisition costs hit $7.44B for Q4, up from $6.58B in Q3, and ad revenue grew 20% YoY to $32.6B, amid competition from rivals like Amazon   —  - Traffic acquisition costs as a percent of advertising revenue came in at 23 percent, matching analyst estimates and falling right in line with previous quarters.
Feb 4, 2019, 4:31 PMIn context
CNBC:
Intel promotes Robert Swan from interim to permanent CEO, its seventh in 50 years, following the ouster of Brian Krzanich in June 2018   —  - Analysts and media outlets speculated early on about several possible candidates, including two female executives who had left Intel in the relatively recent past.
Jan 31, 2019, 9:18 AMIn context
Sara Salinas / CNBC:
Facebook reports Q4 average revenue per user was $7.37, up 21% QoQ and 19% YoY, vs. $7.11 est.; MAUs in Europe and Asia-Pacific rose YoY as N. America was flat   —  - All signs point to a strong financial quarter for Facebook, despite growing public outrage over the company's privacy practices.
Jan 30, 2019, 4:40 PMIn context
Sara Salinas / CNBC:
Apple's Q1 revenue of $84.3B beat analyst estimates of $83.97B, but iPhone revenue of $51.98B missed analyst estimates of $52.67B; stock up 5%+ after hours   —  Apple reported earnings for its December quarter Tuesday that largely fell in line with expectations.  But, iPhone revenue came in just slightly below projections.
Jan 29, 2019, 5:08 PMIn context
Sara Salinas / CNBC:
Nvidia lowers revenue guidance from $2.7B to $2.2B for Q4 2019 due to “deteriorating macroeconomic conditions, particularly in China”; stock closes down 13%+   —  - The company reports earnings on Feb. 14, and now expects quarterly revenue of $2.20 billion, down from previously stated guidance of $2.70 billion.
Jan 28, 2019, 9:36 AMIn context

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