Mobile internet is all about big numbers. Revenue will more than triple to $700 billion by 2017, there was over $19 billion invested and $94 billion exits in the last 12 months, average sector returns were up to 15.6x all of the money invested over the last three years,
The search giant was up 20 per cent on last year’s Q3 revenue, and it made almost 60 per cent of that revenue from international sources outside the US.Read more: http://www.itproportal.com/2014/10/17/google-announces-q3-fiscals-with-revenue-up-20-per-cent-to-165bn/
Rideshare platform Uber is looking to raise $2.1 billion. Uber is the most valuable technology company on paper, at a current $50 billion valuation. The additional funding would bring those figures up to $62.5 billion in value. Compare that to Uber’s U.S. rival Lyft,
- Operating Profit Increased and Full Year Forecast Revised Upward - OSAKA, Japan -- (BUSINESS WIRE) -- Panasonic Corporation (Panasonic [TOKYO:6752]) today reported its consolidated financial results for the second quarter and six months ended September 30, 2014,
Hoping for $700 billion in mobile Internet revenue, and fearing over 30 percent online cannibalization, mobile deal makers shattered records last year. It’s party time for mobile entrepreneurs and investors. Read More
Freshly Exhumed (105597) writes "Tomi Ahonen's newly released 2014 Almanac reveals such current mobile phone industry data gems as: 'The mobile subscription rate is at or very very nearly at 100%. For 7.1 Billion people alive that means 7.1 Billion mobile phone subscriptions worldwide.
Airbnb is set to be "worth" $13 billion. Having just received a $10 billion valuation in April , the new jump in value comes as the home-renting startup seeks to allow "some of its employees to cash in some of their private stock," the San Francisco Business Times reports.Read more...
Uber on Friday announced that it had raised $1.2 billion, bringing its valuation to $17 billion."It’s remarkable that it was only four years ago this week Uber started operations in [San Francisco], connecting residents with the safest, most reliable way to get around the city,
Uber is reportedly raising another billion in cash, which could make the company "worth" $25 billion. This comes just five months after Uber raised $1.2 billion at a $17 billion valuation. Why does it need more money so soon? Re/code says "it's unclear."Read more...
Remember The Unicorn Club of startups that secured an esteemed $1 billion valuation? Might as well be The Garbage Club now, full of trifling companies with worth the kind of coin one chucks out the window from the backseat of an Uber. Why, in the past 24 hours alone,
On-demand transportation an logistics company Uber could raise another $1.5 billion to $2 billion in funding, adding to an already massive war chest as the company expands into new markets and new verticals around the world. Read More
This is why Facebook bought WhatsApp for $16 billion : because its throughput of shared photographs is astronomical, and rising at an insane rate. (See also, the purchase of Instagram and the crazy offer for Snapchat .) [KPCB]Read more...
Today after the bell, Apple reported its fiscal fourth quarter financial performance, including revenue of $42.1 billion, and earnings per share of $1.42. Analysts had expected Apple to report profit of $1.31 per share, on revenue for the period of $39.85 billion.During the fiscal quarter,
Facebook is now part of the elite $200 billion club.Facebook's stock opened at $77 a share on Wednesday, pushing the company's market cap above $200 billion for the first time. That's roughly double what Facebook's market cap was when it went public in May of 2012.To put that in context:
Back when dinosaurs roamed the Earth (in late 2013), there were 38 tech unicorns worth over $130 billion. Mobile Internet has changed things in the last 12 months. A lot. Sixty-eight mobile unicorns worth $261 billion added $28 billion in shareholder value in Q4 2014.
Following the cessation of regular trading today, Amazon announced that it earned $0.19 per share in its second quarter, on revenue of $23.18 billion. The street had expected Amazon to lose $0.14 per share on revenue of $22.39 billion. Following its earnings smash,
- Operating profit increased due mainly to sales increase in real terms and fixed-cost reduction - OSAKA, Japan -- (BUSINESS WIRE) -- Panasonic Corporation (Panasonic [TOKYO:6752]) today reported its consolidated financial results for the first quarter, ended June 30, 2014,
Uber has closed on even more financing to expand its operations around the world. Fast on the heels or raising $1.2 billion in equity financing, the company brought on $1.6 billion in convertible debt from Goldman Sachs, a person with knowledge of the deal has confirmed. Read More
Defying analyst and industry expectations, Cupertino has recorded a strong second quarter with thriving iPhone sales.Read more: http://www.itproportal.com/2014/04/24/apple-posts-record-q2-revenue-with-strong-iphone-sales/
Microsoft has generated a whopping $23.38 billion in revenue for this fiscal quarter of 2014. Devices and Consumer revenue has grown to $10 billion, with Windows OEM revenue growing by 3% and Windows OEM Pro revenue growing by 11%.Developing...
On-demand ride-hailing service Uber has confirmed today that it has raised $1.2 billion in funding from a group of mutual fund managers and venture investors that values the company at $17 billion pre-money. The company said the total raise will end up being about $1.
On the heels of Facebook’s announcement last week that they had surpassed 8 billion daily video views, Snapchat confirmed to the FT over the weekend that users of the ephemeral messaging app were now watching 6 billion videos every day.
Rideshare company Uber, true to its name, likes a little excess. And that especially applies to raising cash.The company is said to be eyeing an extra $1 billion in venture capital funding, people close to the deal told the New York Times. As the outlet points out,
Digital gaming continues to be a hugely popular pastime, as readers of WinBeta are likely well aware. Gamesindustry.biz is reporting that, according to Juniper Research, digital content as a whole is healthy and steadily on the rise.
SmartAboutThings writes Microsoft has recently published its Q1 fiscal 2015 earnings report, disclosing that it has made $4.5 billion in net income on $23.20 billion in revenue. According to the report, revenue has increased by $4.67 billion, compared to $18.
Facebook just announced its buying WhatsApp, a global messaging platform with 450 million MAUs, for approximately $19 billion. It’s one of the biggest tech acquisitions since HP bought Compaq for $25 billion in 2001. It means that WhatsApp,
AT&T is acquiring satellite TV provider DirecTV in a deal worth $48.5 billion. This will bring 20 million more U.S. television subscribers under AT&T's roof, making it the second biggest TV provider, behind Comcast. The deal is subject to regulatory approval, and to help that along,
- Achieved Mid-term Plan Target of 5% Operating Profit Ratio - OSAKA, Japan -- (BUSINESS WIRE) -- Panasonic Corporation (Panasonic [TOKYO:6752]) today reported its consolidated financial results for the year ended March 31, 2015 (fiscal 2015).
Less than a year ago, reports were circulating that on-demand car service Uber was closing in on a $1 billion valuation. Now that looks like pocket change.Last week, the company's reported valuation jumped quickly from $10 billion to $12 billion. On Sunday, a new number made the rounds:
Tim Cook is laughing all the way to the bank.Apple is now worth more than $700 billion after its stock ticked up in early trading on Tuesday.The company's value topped the mark thanks to a torrid 2014 run for its stock, which is up more than 49% in 2014, including a 7-for-1 split in JuneSee also:
According to a new report from Gartner, manufacturers are expected ships around 2.5 billion devices this year, a 1.5 percent increase compared to last year, slightly down from the previous quarter's forecast of 2.8 percent growth. This figure includes the combined shipments of devices,
A year and a half after Facebook first announced 1 billion monthly active users, the social network has more than 1 billion monthly active users on mobile devices, tooFacebook announced the milestone alongside its Q1 earnings on Wednesday,
schwit1 writes NASA has chosen two companies to ferry astronauts to and from the International Space Station, and those companies are Boeing and SpaceX. This decision confirms that SpaceX is ready to go and gives the company the opportunity to finish the job,
Apple’s latest quarterly earnings report showed an unexpected rise in iPhone sales, but Cupertino really needs to release a new market-defining product before long.Read more: http://www.itproportal.com/2014/04/24/apples-iphone-may-be-driving-record-profits-now--but-the-future-is-still-uncertain/
We pulled together all 153 unicorns currently listed on the Crunchbase Unicorn Leaderboard and then matched them up with data provided by Glassdoor to give you the top 20 highest paying startup unicorns for software engineering jobs.In our previous report,
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