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Bumble, a once-powerful force in online dating, is facing a reckoning. The company posted weak Q4 2023 results today showing a $32 million net loss and $273.6 million in revenue. …
Bumble cuts ~350 employees as dating apps face a reckoning Read More
Google CEO Sudar Pichai said that the company’s Google One cloud storage service is ” just about to cross” 100 million subscribers. Speaking during Alphabet’s Q4 2023 earning call, Pichai …
Sundar Pichai says Google One cloud storage service has nearly 100M subscribers Read More
Lyft is introducing a “more affordable sort of higher-end ride” in an attempt to offer ride-hail products that customers actually want, CEO David Risher said Wednesday during the company’s third-quarter …
Lyft picks comfort over sharing in bid to compete with Uber Read More
Rocket Lab is best known for the Electron launch vehicle, but the company’s earnings results continue to show that it is much more than a rocket company. The company reported …
Rocket Lab’s Electron launch vehicle ‘fully’ booked next year, will resume flight as early as November-end Read More
Lyft’s strategy of slashing ride-hail fares to compete with Uber has resulted in slow and steady gains for the company, but competition remains fierce. According to Lyft’s third-quarter earnings, reported …
Lyft’s price war with Uber yields mixed results Read More
Rivian continued to close the gap on losses, reduce costs and ramp up production in the third quarter with results that beat Wall Street expectations and suggested a rosier future, …
Rivian raises production forecast for 2023, narrows losses in Q3 Read More
Uber reported third-quarter earnings on Tuesday that show a profitable ride-hail and delivery company that’s chugging along in spite of slowing growth in some sectors. The company reported revenue of …
Uber’s Q3 numbers include impressive profitability gains, slower-than-expected growth Read More