Tech Meme

Meagan Simpson / BetaKit: Toronto-based Practice Better, which makes client management software for health and wellness professionals, raised $27M led by Five Elms Capital  —  Practice Better claims to have more than 10,000 customers in more than 70 countries.  —  Practice Better is the result of its founder … Lees verder op Tech Meme

Sarah Perez / TechCrunch: Pinterest announces a multi-year strategic ad partnership with Amazon, its first ads partner, to bring more brands and relevant products to the social network  —  Pinterest today announced a multiyear strategic ad partnership with Amazon aimed at bringing more brands and relevant products to its platform. Lees verder op Tech Meme

Jonathan Vanian / CNBC: Meta shares are up 170% since bottoming out in November 2022, despite virtually no revenue growth, as investors focus on the company’s dramatic cost cutting  —  – Revenue at Facebook’s parent shrank for three straight quarters before increasing slightly in the latest period, but the stock is soaring. Lees verder op Tech Meme

Emily Bary / MarketWatch: Pinterest Q1: revenue up 5% YoY to $603M, vs. $594M est., MAUs up 7% YoY to 463M, vs. 454.6M est., and Q2 growth forecast below estimates; PINS drops 10%+  —  Pinterest’s subscriber metrics top expectations in latest quarter  —  Pinterest Inc. topped earnings, revenue and subscriber expectations Thursday … Lees verder op Tech Meme

Jonathan Vanian / CNBC: Snap reports Q1 revenue down 7% to $989M, vs. $1.01B est., global DAUs up 15% YoY to 383M, vs. 384M est., and a $329M net loss, vs. $360M YoY; SNAP drops 15%+  —  – Snap came in light on revenue and ARPU in its first-quarter earnings report.  — The company said its “internal forecast” … Lees verder op Tech Meme

Kif Leswing / CNBC: Intel reports Q1 revenue down 36% YoY to $11.7B, vs. $11.04B est., its largest quarterly loss yet, and Data Center and AI down 39% YoY to $3.7B; INTC jumps 5%+  —  – Intel reported first-quarter results on Wednesday that showed a staggering 133% annual reduction in earnings per share. Lees verder op Tech Meme

Amazon: Amazon reports Q1 revenue up 9% YoY to $127.4B, a $3.2B net income, vs. a $3.8B net loss YoY, AWS revenue up 16% YoY to $21.4B, and staff down 10% YoY to 1.47M  —  Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its first quarter ended March 31, 2023. Lees verder op Tech Meme

Emily Bary / MarketWatch: Pinterest Q1: revenue up 5% YoY to $603M, vs. $594M est., global MAUs up 7% YoY to 463M, vs. 454.6M est., and Q2 growth forecast below estimates; PINS down 8%+  —  Pinterest’s subscriber metrics top expectations in latest quarter  —  Pinterest Inc. topped earnings, revenue … Lees verder op Tech Meme

Annie Palmer / CNBC: Amazon reports Q1 ad revenue up 21% YoY to $9.5B, vs. $9.1B est., subscription revenue up 15% YoY to $9.7B, and North America segment sales up 11% YoY to $76.9B  —  – Amazon shares jumped in extended trading after the e-retailer reported first-quarter revenue that topped analysts’ estimates. Lees verder op Tech Meme

Sarah Perez / TechCrunch: Pinterest announces a multi-year strategic ad partnership with Amazon aimed at bringing more brands and relevant products to Pinterest  —  Pinterest today announced a multi-year strategic ad partnership with Amazon aimed at bringing more brands and relevant products to its platform. Lees verder op Tech Meme