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Spotify reports Q4 revenue up 16% YoY to €3.7B, MAUs up 23% YoY to 602M, subscribers up 15% YoY to 236M, a €75M operating loss, and expects 618M MAUs in Q1 2024 (Ashley Carman/Bloomberg) 06-02-2024

Ashley Carman / Bloomberg: Spotify reports Q4 revenue up 16% YoY to €3.7B, MAUs up 23% YoY to 602M, subscribers up 15% YoY to 236M, a €75M operating loss, and expects 618M MAUs in Q1 2024  —  – Spotify posts second-largest gain ever for the quarter  — Company has been cutting costs in drive to become profitable Lees verder op Tech Meme

Texas-based NinjaOne, which helps automate IT processes, raised a $231.5M Series C led by ICONIQ Growth at a $1.9B valuation and counts Nvidia among its users (Mehnaz Yasmin/Reuters) 06-02-2024

Mehnaz Yasmin / Reuters: Texas-based NinjaOne, which helps automate IT processes, raised a $231.5M Series C led by ICONIQ Growth at a $1.9B valuation and counts Nvidia among its users  —  NinjaOne raised fresh capital in a Series C funding round that valued the IT platform at about $1.9 billion, the company said on Tuesday. Lees verder op Tech Meme

SMIC reports unaudited Q4 revenue rose 3.5% YoY to $1.68B, below est., and $902.5M net income, down from $1.82B YoY; 2023 capex was up 17.6% YoY to $7.47B (Reuters) 06-02-2024

Reuters: SMIC reports unaudited Q4 revenue rose 3.5% YoY to $1.68B, below est., and $902.5M net income, down from $1.82B YoY; 2023 capex was up 17.6% YoY to $7.47B  —  China’s largest chipmaker Semiconductor Manufacturing International Corp (SMIC) (0981.HK) on Tuesday reported a 55% fall in fourth-quarter profit … Lees verder op Tech Meme

YouTube says YouTube TV now has 8M+ subscribers, up from 5M+ in mid-2022, and that the YouTube Partner Program has 3M+ channels receiving ad revenue share (Todd Spangler/Variety) 06-02-2024

Todd Spangler / Variety: YouTube says YouTube TV now has 8M+ subscribers, up from 5M+ in mid-2022, and that the YouTube Partner Program has 3M+ channels receiving ad revenue share  —  CEO Neal Mohan also says more than 3 million channels now receive ad-revenue share, touts 1 billion hours viewed on TV daily Lees verder op Tech Meme

Bluesky CEO Jay Graber says the social network, launched on iOS in February 2023, is now open to the public, has 3M+ users, and plans to add developers tools (Will Oremus/Washington Post) 06-02-2024

Will Oremus / Washington Post: Bluesky CEO Jay Graber says the social network, launched on iOS in February 2023, is now open to the public, has 3M+ users, and plans to add developers tools  —  The upstart social network has been by invitation only since its launch last year  —  When Jack Dorsey, then Twitter’s CEO … Lees verder op Tech Meme