Daily Archives: November 4, 2021

Samantha Subin / CNBC: Airbnb Q3: revenue of $2.24B, up 67% YoY, vs estimates of $2.05B, net income of $834M, up 280% YoY, 79.7M nights and experiences booked, up 29% YoY  —  – Airbnb reported third-quarter earnings on Thursday that beat Wall Street revenue estimates but fell slightly short on […]

Tiernan Ray / ZDNet: Square reports Q3 revenue of $3.84B, up 11% YoY but missing $4.39B estimates, bitcoin revenue of $1.81B, up 11% YoY, and gross payment volume of $1.13B, up 43%  —  Square’s revenue from Bitcoin grew at a more modest rate of 11%, versus the 200% appreciation in […]

Michelle Toh / CNN: Nintendo reports H1 profit of $1.9B, down 25% YoY, sales of $5.5B, down 19% YoY, with gaming platforms down 20% YoY, but raised guidance for profits to $4.6B  —  Hong Kong (CNN Business)Nintendo has become the latest victim of a global chip shortage that is battering […]

Enlarge / The Nancy Grace Roman Space Telescope, which is scheduled for launch later this decade and will observe planets and galaxies. (credit: GSFC/SVS) On Thursday, the National Academies of Science released the latest Decadal Survey, which the astronomy industry uses to help guide funding decisions. While the survey doesn’t […]

Enlarge / Apple’s Software Engineering SVP Craig Federighi speaks at Web Summit 2021. (credit: Web Summit) Apple executive Craig Federighi, who is responsible for the company’s iOS software for iPhones, delivered a lengthy speech intended to alarm listeners about what might happen if Apple is forced to allow users to […]

Enlarge (credit: Corey Gaskin / Ars Technica) It’s the first week of November, which means that Black Friday month has started. This year’s holiday shoppers may benefit from these early deals more than in previous years due to disrupted supply chains and delayed shipping times. As such, the Dealmaster is […]

Jessica Bursztynsky / CNBC: Uber reports Q3 revenue of $4.8B, up 72% YoY, gross bookings of $23.1B, up 57% YoY, with Mobility up 67% to $9.9B and Delivery up 50% to $12.8B  —  – Uber reported third-quarter financial results Thursday, which included a first-ever adjusted EBITDA profit.  — The company […]

Preetika Rana / Wall Street Journal: Uber reports its first-ever adjusted profit at $8M but net loss grew to $2.42B, from $1.09B YoY, due to a $2B loss from equity investments, particularly in Didi  —  The ride-hailing company recorded its first-ever adjusted profit last quarter  —  Uber Technologies Inc. achieved […]

Salvador Rodriguez / CNBC: Pinterest reports Q3 revenue of $633M, up 43% and beating estimates of $630.9M, and 444M global MAUs, up 1% YoY and below estimates of 460M; stock up 6%+  —  – Pinterest beat on earnings and revenue for the third quarter  — The company reported a decline […]

Enlarge / FIFA players are demanding NFT collectibles, according to EA CEO Andrew Wilson. Some of the biggest publishers in gaming are using recent earnings calls to express bullish optimism about the concept of non-fungible tokens (and the blockchain more generally) being a part of their future business in one way […]