Ford said Monday that supplier costs will be $1 billion higher in the third quarter than expected due to rising inflation and persistent supply chain problems. Ford also disclosed that supply shortage
Helbiz started out as a shared micromobility company but has since expanded to include ghost kitchens, media streaming and, most recently, a taxi service. The company reported its second-quarter earn
Shared micromobility company Bird has had a tumultuous second quarter. The company announced plans to dismantle its retail business, shut down operations in unprofitable markets, had a corporate shake
Disney is arguably doing a few things faster or better than Netflix. But the House of Mouse is also bracing for changes that will affect the entire streaming sector and justify some broader caution.
Rivian is holding on tight to its goal of delivering 25,000 electric vehicles by year’s end, but to get there it now anticipates to burn an extra $700 million. The automaker tucked the revised g
While Coinbase is clear that it believes it is not in material danger due to the regulatory scrutiny, as a public company, it has to talk about what could go wrong. Let's discuss.
The Walt Disney Company reported on Wednesday that total Disney+ subscriptions rose to 152.1 million during the company’s third quarter, posting better-than-expected results. The streaming servi
We can infer from the data that not only are SaaS multiples recovering, but double-digit revenue multiples are back, baby!
Coinbase is having to defend its model to investors who may have bought into its stock when it was trading much higher. And per its own notes, the bad times are not about to end any time soon.
Investors shrug, implying the bad news was priced-in
Electric vehicle company Canoo’s second-quarter results, like its first-quarter results, show a pre-revenue company that’s burning through cash. However, last quarter, Canoo was warning it
We talked to the CEOs of Appian, Amplitude and BigCommerce about how to best navigate the present market conditions in terms of investment and caution.
Alex and Grace are back to cover the biggest and most interesting technology, startup and market news. This morning was a fun mix of stuff that we don’t always get to, so strap in for the foll
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Welcome back to The Station, your cen
Ride-hail giant Lyft reported strong second-quarter earnings Thursday. Earlier this year, investors had been skeptical of Lyft’s ability to offset the costs of increased investments to attract a
Warner Bros. Discovery revealed its second-quarter results — its first quarterly earnings since the $43 billion merger. The total number of direct-to-consumer subscribers across HBO, HBO Max and
Paramount Global reported this morning that its streaming service Paramount+ had a net add of 3.7 million subscribers to bring its global total to 43.3 million, up from 39.6 million last quarter. The
The number of emoji subscription purchases on the South Korean messaging app KakaoTalk has dropped by a third over the year, parent firm Kakao said in quarterly earnings call Thursday. It blamed Googl
Starbucks will unveil its web3 initiative, which includes coffee-themed NFTs, at next month’s Investor Day event. The company earlier this year announced its plans to enter the web3 space, notin
Dish reported today that its streaming service Sling TV declined in subscribers during the second quarter of 2022, with a net loss of 55,000. This significantly differs from the first quarter of 2022,