Tech
-
Amazon Triples Net Income With $10 Billion in Q3, Driven by Boosts in Advertising
The superstore/tech giant reported $143 billion in revenue, topping both Wall Street’s estimates and the company’s own projections
-
X Lost 15% of Users in First Year of Elon Musk’s Ownership
The social media platform’s monthly active users plummeted globally year-over-year for September
-
Meta CFO Condemns ‘Horrific Violence in the Middle East’ During Earnings Call
The Facebook and Instagram parent company says ad demand could be softened by the Israel-Hamas conflict
-
Meta Reports 23% Increase in Q3 Revenue to $34.1 Billion, Citing Savings From Restructuring Costs
Facebook and Instagram parent beats analysts expectations and says it “substantially completed” planned layoffs that have shrunk its headcount by 24%
Pro Available to WrapPRO members
NewsPro Available to WrapPRO members
-
Alphabet Beats Wall Street Expectations in Q3 With $76.6 Billion in Revenue, Defies Tough Ad Climate
The Google and YouTube parent company, emphasizing new AI initiatives, reported a 41% boost in net income to $19.69 billion, but its stock fell more than 5% in after-hours trading
Pro Available to WrapPRO members
WrapPROPro Available to WrapPRO members
-
X to Begin Charging New Users $1 for Platform’s Basic Features (Report)
The annual fee will be required for access to tweeting, reposting and liking, among other functions
-
SAG-AFTRA and Video Game Companies to Resume Contract Talks
The union’s chief negotiator Duncan Crabtree-Ireland says new dates for negotiations will be announced soon
-
Microsoft Closes $69 Billion Activision Blizzard Deal After Nearly 2-Year Tangle With Regulators
The completed mega-sale creates the world’s third-largest video game company
-
Mortal Media’s Ryan Kalil on AI’s Impact in Sports and Entertainment: ‘It’s Going to Be Super Data-Driven’ (Video)
TheGrill 2023: “I think the immersiveness of entertainment, especially in the sports world, is going to be bananas,” Kalil says
Pro Available to WrapPRO members
TVPro Available to WrapPRO members
-
Interest Rates Aren’t the Only Challenge for the Next Big Merger: The Government Wants a Say, Too | Video
TheGrill 2023: “If you want to do a deal, maybe the next administration will be more relaxed,” Ed King, partner at BTIG investment firm, says
Pro Available to WrapPRO members
TechPro Available to WrapPRO members
-
X’s New Ad Format With Cryptic Messages Baffle Users, Can’t Be Reported
The advertisements fail to disclose the advertiser or – that it’s a sponsored post at all
-
Colbert Proposes an Easy Fix for the iPhone 15 Overheating Issue: Coffee Cup Sleeves (Video)
The price, revealed in a “Late Show Fake News Alert,” may be an issue for some
-
AI Will Cause ‘Some Labor Displacement’ in Hollywood, Expert Says | Video
TheGrill 2023: Mehran Sahami and Daniela Rus detail whether the growing technology can replace human creativity
Pro Available to WrapPRO members
TechPro Available to WrapPRO members
-
Holding Our Breath in Hollywood This Year
TheGrill 2023: This year has been a painful convergence of long-term trends and short-term realities driven by the impact of technology
Pro Available to WrapPRO members
WaxwordPro Available to WrapPRO members
-
Why M&A Is on Everyone’s Radar Right Now | PRO Insight
Will Apple buy Disney? Elon Musk buy Fox? Leading execs, private equity and bankers join me to discuss it all at TheWrap’s annual TheGrill event Wednesday
Pro Available to WrapPRO members
TechPro Available to WrapPRO members