Reddit's First-Ever Earnings Call Centers On Success In Search | AdExchanger
Reddit reported $243 million in total revenue, with an increased dependency on ads, leading to its first profitable Q1 and a growth in share price. [ more ]
Ford Pleads To Suppliers: 'Help Us Make EVs Affordable'
Automakers like Ford are struggling with EV profitability, requiring reinvestment from gas car profits. Ford seeks supplier ideas to reduce EV production costs. [ more ]
Chaos at Tesla: What analysts think about Elon Musk's cuts and layoffs
Tesla's early success was fueled by innovative use of lithium-ion battery packs, but recent challenges include declining sales and profitability due to increased competition and price cuts. [ more ]
Why - and how - Roblox is actively pushing for platform status
Roblox aims to evolve into a full-service digital platform and become a destination for all aspects of virtual life, aiming for profitability through strategic moves. [ more ]
FOA records loss in Q1 but remains confident about improving profitability
FOA reported net losses in Q1 2024, but expressed confidence in strategic positioning and potential for sustained profitability in the future. [ more ]
Allbirds and Outdoor Voices wanted to be the next Nike and Lululemon. Here's what went wrong
Direct-to-consumer (DTC) brands are facing challenges in achieving profitability despite significant investments.
Struggles of pioneering DTC brands like Allbirds and Outdoor Voices highlight the pressure for growth and the need for a sustainable business model. [ more ]
Can a new Bechdel test for climate change shift Hollywood's focus to the environment?
The ubiquity of smartphones in movies reflects reality; climate change also needs representation. Films addressing climate change can be profitable and well-received. [ more ]
Rithm delivers $261M profit in Q1, continues to evaluate mortgage biz spinoff
Rithm Capital reported a profitable first quarter in 2024, driven by positive results from its mortgage division, particularly in servicing and origination.
The company is considering the possibility of taking its mortgage business public in the future. [ more ]
Want $1 Million In Retirement? Invest $250,000 in These 3 Stocks and Wait a Decade. | The Motley Fool
The Trade Desk demonstrates strong growth potential in the digital advertising industry, offering a combination of revenue growth, profitability, and innovative technologies. [ more ]
Group of Tim Hortons franchisees in Quebec sue brand owner for $18.9M | CBC News
Franchisees allege Tim Hortons owner has unreasonable constraints in licensing agreements, impacting profits negatively.
Franchisees claim TDL controls every aspect of running a restaurant, from suppliers to pricing, impacting their ability to adapt to market changes. [ more ]
How to build the foundation for a profitable AI startup | TechCrunch
Investment in AI companies has entered a cautious phase with investors becoming more wary of the AI hype and looking for companies that will turn a profit.
Building a profitable AI business poses unique challenges including high costs, talent gap, and expensive API and hosting requirements. [ more ]
1 Top Growth Stock Down 80% to Buy in 2024 and Hold Forever | The Motley Fool
ZoomInfo's stock experienced a roller-coaster ride in its first few years as a public company, but its revenue spiked by 57% in 2021.
The company's sales growth slowed down to just 9% in its most recent quarter due to factors like soaring interest rates and inflation, putting profitability as a priority for venture capital firms. [ more ]
Streaming media company Plex raises new funds as it nears profitability | TechCrunch
Plex has raised a new round of funding, which is larger than its previous round and will help fuel the company's push towards profitability.
The round is an inside round, including existing Series C investors, and the size of the round will be disclosed later through securities filings. [ more ]
Spotify's transformed podcast business may actually be profitable this year
Spotify's podcasting business is close to breakeven in Q4 2023, signaling potential profitability in the future.
Spotify's drastic changes in its podcasting arm, including job cuts and the end of exclusivity, have improved margins and increased investor confidence. [ more ]
We'll See More Exits & Reduced Valuations Among Digital Health Startups This Year, Experts Say
Digital health startups may need to confront challenges head-on, including fundraising at lower valuations and considering acquisitions or exits.
Investors are prioritizing profitability over growth, making it easier for companies close to profitability or with strong unit economics to raise capital. [ more ]
Twitch Star Signs $100 Million Deal With Rival Platform
One of Twitch's most popular streamers said on Friday that he was joining a rival streaming platform, Kick, in a significant blow to the Amazon-owned site and a sign of its increasingly strained relationship with content creators.Felix Lengyel, a Canadian known online as xQc, is signing a two-year, roughly $70 million contract, with incentives that could push the total to about $100 million, said his agent, Ryan Morrison.
Op-ed: Do we want the Bears to trample Arlington Heights?
I've lived in Arlington Heights most of my life.Elementary school at St. James, swimming lessons at Rec Park, graduation at Arlington High School, caddying at Rolling Green Country Club.My first job was delivering the Arlington Day newspaper on my bike.My second was picking up empty beer bottles and emptying ashtrays at Beverly Lanes.
The 5 O'Clock Club: Let's eliminate the NFL draft!
The 5 o'clock club is published from time to time during the season, and aims to provide a forum for reader-driven discussion at a time of day when there isn't much being published.Feel free to introduce topics that interest you in the comments below.CLICK HERE to see the full 5 o'clock club archive Dave Mangels of Bleeding Green Nation recently published an article in which he exhorted the NFL to "introduce a little anarchy" but introducing some huge changes to the way the league carries on its business.
Lalo Raises $10.1M for its Baby and Toddler Brand That Offers Thoughtfully-Designed and Safe Products
With the closing of Babies "R" Us and uncertainty looming for Buy Buy Baby with the bankruptcy of parent company Bed Bath and Beyond, there is a tremendous void for parents looking for trusted products for their little ones.Lalo is a modern, direct-to-consumer brand for baby and toddler products, offering a comprehensive line that's safe, aesthetically pleasing, and enduring products.