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In its most recent quarter, Microsoft reported $62 billion worth of revenue, $27 billion worth of operating income, and $21.9 billion worth of net income. It also recently cut 1,900 …
Tech layoffs scale to three-quarter high Read More
The collapse of Amazon’s proposed deal to buy iRobot highlights just how critical the IPO market is this year. With governments tightening the screws on Big Tech companies trying to …
Reddit at $5B seems eminently reasonable Read More
Apple’s response to being required to allow developers to lever payment options apart from its in-house system is drawing a bevy of negative commentary from tech folks. And with good …
I’m sorry but you owe me 27% because I said so Read More
Crypto seems to have two modes. The first is when your friends won’t stop talking about it. The second is when your friends want you to stop talking about it. …
Why I’m modestly crypto-bullish in 2024 Read More
Spotify’s decision to lay off 17% of its staff is the leading technology story of the morning, and I wouldn’t fault you if you were a little confused why it …
Spotify’s layoffs make sense when you consider its margins and market Read More
AI technologies will help make startups leaner and more cost-effective, according to a recent report from Battery Ventures. In turn, Battery anticipates that lower-burn startups will be worth more provided …
This VC firm thinks that AI automation could resurrect startup valuations Read More
Klarna’s Q3 2023 results are the latest in a growing list of evidence that the Swedish fintech giant is evolving from a loss-making unicorn to a durable company ready for …
Klarna’s financial glow-up is my favorite story in tech right now Read More