Bloomberg Technology
Snapchat Parent Cutting 20% of Workforce
Snapchat’s parent company is slashing staff and scaling back investments in straggling businesses, an attempt to rein in costs following a slowdown in ad revenue growth. Snap Inc. is cutting about 20% of its workforce, Chief Executive Officer Evan Spiegel said in an internal memo sent to staff Tuesday. The news sending the stock tumbling in the premarket. Abigail Doolittle reports…
Bloomberg Technology
Disney’s Streaming Success, Tech Eyes More IPOs in ’25 | Bloomberg Technology
Bloomberg’s Caroline Hyde and Ed Ludlow speak with Disney CFO Hugh Johnston on the company’s latest earnings beat and future streaming ambitions. And why 2025 looks to be the year for tech IPOs. Plus, how online comic platform Webtoon is utilizing AI to help its storytellers and readers. ——– “Bloomberg Technology” is our daily news…
Bloomberg Technology
Webtoon: We’re Relatively Immune to the US Election
Webtoon CFO David Lee says the popular online-comic company is shielded from FX and revenue volatility due to US election. He joins Caroline Hyde and Ed Ludlow to discuss on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and…
Bloomberg Technology
Disney Finally Got It Right, Says Analyst Gerber
Ross Gerber of Gerber Kawasaki says Disney is at an inflection point, saying the company is an incredible value for investors. He speaks joins Caroline Hyde and Ed Ludlow to discuss on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the latest full episodes of “Bloomberg Technology” with Caroline…
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G. Jets
August 31, 2022 at 2:36 pm
this is only the beginning, PREPARE…
Ace
August 31, 2022 at 5:27 pm
They should of pulled a Tik Tok before TikTok
Shahar Rozenbloom
August 31, 2022 at 11:01 pm
Apple Could Add Google and AWS and Ajure Cloud to Apps Easy in killer idea even with Code in new Service in killer idea Tim for Tens of Billions in Patent even add Lower Price by Large Amounts.