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Roku
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Roku shares crater after company misses on earnings and warns of ‘recessionary fears’

Roku shares crater after company misses on earnings and warns of ‘recessionary fears’ Via CNBC.com: Roku shares plummeted more than 25% in extended trading on Thursday after the company missed expectations on the top and bottom lines for its second quarter and warned of “an economic environment defined by recessionary fears.” Here’s how the company did: Earnings: Loss of 82 cents per share vs a loss of 69 cents expected, […]

today07/28/2022 42

Meta
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Meta reports earnings, revenue miss and forecasts second straight quarter

Meta reports earnings, revenue miss and forecasts second straight quarter Via CNBC.com: Facebook parent Meta reported a steeper-than-expected drop in revenue, missed on earnings and issued a surprisingly weak forecast, pointing to a second consecutive decline in year-over-year sales. The shares dropped 3.8% in extended trading. Here’s how the company did: Earnings: $2.46 per share vs. $2.59 per share expected, according to Refinitiv Revenue: $28.82 billion vs. $28.94 billion expected, […]

today07/27/2022 18

YouTube
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YouTube has ‘obvious math’ problem as growth slows dramatically from pandemic highs

YouTube has ‘obvious math’ problem as growth slows dramatically from pandemic highs Via CNBC.com: Throughout the pandemic, YouTube was one of Google’s main economic engines, benefiting from a surge in video consumption from people stuck at home trying to stay entertained. All that growth has morphed into a challenge for Google, as the company now faces tough year-over-year comparisons at the very moment that advertisers are pulling back on spending […]

today07/26/2022 31

Social Media
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Social Media Makes Young People Unhappy, Negatively Impacts Finances

Social Media Makes Young People Unhappy, Negatively Impacts Finances Via Breitbart: Social media platforms like Instagram and TikTok are negatively impacting users’ finances, as well as causing nearly half of Generation Z and Millennials to feel unhappy about their financial situation, according to a recent study. More than one in three U.S. adults who have social media (34 percent) say they have felt negatively about their finances after seeing other […]

today07/18/2022 14

merger agreement
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Twitter sues Elon Musk to enforce original merger agreement

Twitter sues Elon Musk to enforce original merger agreement Via CNBC.com: Twitter filed suit against Elon Musk in the Delaware Court of Chancery on Tuesday after the billionaire said he was terminating his $44 billion deal to buy the company. Twitter said Musk, after entering a binding merger agreement, now “refuses to honor his obligations to Twitter and its stockholders because the deal he signed no longer serves his personal […]

today07/12/2022 42

Lockdown Mode
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Apple introduces Lockdown Mode to protect iPhones from state-sponsored hacking

Apple introduces Lockdown Mode to protect iPhones from state-sponsored hacking Via CNBC.com: Apple announced a new feature for iPhones called Lockdown Mode on Wednesday to protect high-profile users such as politicians and activists against state-sponsored hackers. Lockdown Mode turns off several features on the iPhone in order to make it less vulnerable to spyware by significantly reducing the number of features that attackers can access and potentially hack. Specifically, it […]

today07/06/2022 47

MIT scientists
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Fabric that can ‘hear’ your heartbeat developed by MIT scientists

Fabric that can ‘hear’ your heartbeat developed by MIT scientists Via StudyFinds.org: Fabric that can “hear” one’s heartbeat via high-tech fibers has been developed by scientists at the Massachusetts Institute of Technology. The tech could also be used on clothes worn by pregnant women to help them pick up their baby’s heartbeat. This potentially revolutionary tech could give rise to wearable hearing aids and clothes that can speak to each […]

today06/20/2022 14

Airbnb
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Airbnb is closing its domestic business in China, sources say

Airbnb is closing its domestic business in China, sources say Via CNBC.com: Airbnb is closing its domestic business in China, according to two sources familiar with the matter. The company is planning to tell employees in the country as early as Tuesday morning in Beijing.  All mainland Chinese listings — homes and experiences — will be taken down by this summer. Airbnb formally launched its mainland China business in 2016 […]

today05/23/2022 13

Netflix Bloodbath
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Netflix Bloodbath Continues: 150 Laid Off as Hedge Funds Dump Stock

Netflix Bloodbath Continues: 150 Laid Off as Hedge Funds Dump Stock Via Breitbart: The bloodbath at Netflix continued Tuesday as the far left-wing streamer laid off around 150 employees as part of its ongoing efforts to cut spending amid a catastrophic subscriber forecast for the months ahead. Compounding the company’s woes, several hedge funds reportedly dumped Netflix shares ahead of the streamer’s recent first quarter earnings report, signaling a broader […]

today05/17/2022 14

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