Lyft reports Q2 revenue up 30% YoY to $990.7M, vs. $986.7M est., a $377.2M net loss, and active riders up 16% YoY to 19.9M, vs. 19.8M est.; the stock is up 5%+ (Jackie Davalos/Bloomberg) - TechnW3
Reviewed by
TechNW3
on
16:41
Rating:
5
DoorDash reports Q2 revenue up 30% YoY to $1.6B, vs. $1.5B est., orders up 23% YoY to 426M, vs. 419M est., gross order value up 25% YoY to $13.1B; stock up 10%+ (Preetika Rana/Wall Street Journal) - TechnW3
Reviewed by
TechNW3
on
15:41
Rating:
5
Clubhouse starts beta testing private communities called Houses, which can be created by a person or group looking for a more intimate alternative to Clubs (Aisha Malik/TechCrunch) - TechnW3
Reviewed by
TechNW3
on
14:42
Rating:
5
Microsoft starts testing an Xbox Game Pass family plan in Colombia and Ireland, letting users add up to four people in the same country to their subscription (Tom Warren/The Verge) - TechnW3
Reviewed by
TechNW3
on
13:41
Rating:
5
Sources: TripActions, which offers corporate travel and expense reporting tools, is close to confidentially filing for an IPO (Katie Roof/Bloomberg) - TechnW3
Reviewed by
TechNW3
on
12:41
Rating:
5
Sources: Intel and Italy are close to clinching a deal initially worth $5B to build an advanced semiconductor packaging and assembly plant in the country (Reuters) - TechnW3
Reviewed by
TechNW3
on
11:41
Rating:
5
The Solana Foundation says exploited addresses were "created, imported, or used" in Slope mobile wallets and there's "no evidence" the protocol was compromised (Andrew Hayward/Decrypt) - TechnW3
Reviewed by
TechNW3
on
16:41
Rating:
5
Sources: European Commission antitrust enforcers are investigating Google's Play Store rules, sending rivals questionnaires on billing terms and developer fees (Samuel Stolton/Politico) - TechnW3
Reviewed by
TechNW3
on
15:41
Rating:
5
SoftBank raised $22B in cash from deals that would sharply reduce its stake in Alibaba in the future; SoftBank holds a 23.9% stake in Alibaba as of mid-July (Financial Times) - TechnW3
Reviewed by
TechNW3
on
14:41
Rating:
5
eBay beats with Q2 revenue down 9% YoY to $2.4B, vs. $2.37B est., gross merchandise volume down 18% YoY to $18.5B, and active buyers down 12% YoY to 138M (Yuvraj Malik/Reuters) - TechnW3
Reviewed by
TechNW3
on
13:41
Rating:
5