#financial-report

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Kotaku
1 week ago
Wearables

Facebook Has Lost $1 Billion Every Month On VR Since June 2022

Meta's Reality Labs division lost over $3 billion in its last financial quarter, with ongoing expectations to continue losing billions on VR. [ more ]
ESPN.com
1 month ago
Chelsea

Wrexham owe Reynolds, McElhenney $11m

Wrexham's debt to Ryan Reynolds and Rob McElhenney increased to nearly $11.4m, with reported losses of $6.4m for the latest financial year.
Despite the rising debt and losses, Wrexham reported positive future prospects with increased turnover and plans for capital expenditure projects. [ more ]
VG247
2 months ago
Video games

Bandai Namco has apparently cancelled five games, but don't worry, Elden Ring's DLC is still on the way

Bandai Namco canceled five games due to income drop.
Elden Ring's high sales affected this year's title releases. [ more ]
WGB
2 months ago
Video games

Sony says no 'no existing major franchise titles' until March 2025

PlayStation generated $96 million in revenue during the Holiday quarter.
Sony cuts sales forecast for major franchises for the next fiscal year. [ more ]
GameSpot
3 months ago
Video games

Nintendo Switch Could Dethrone The PS2 As The Best-Selling Console Of All Time In 2025

The Nintendo Switch has sold 13.74 million units in the three months ending December 31, 2023, bringing the lifetime sales total to 139.36 million.
The Switch has surpassed the lifetime sales of the Nintendo DS in Japan, with 33.34 million units sold to date. [ more ]
Social Media Today
3 months ago
Growth hacking

Snapchat Adds More Users, Posts Lower Than Expected Revenue in Q4

Snap is shifting their focus towards community growth in mature geographies like North America and Europe.
Snap's recent report marks six consecutive quarters of single-digit growth or decline at the app. [ more ]
Entrepreneur
3 months ago
Marketing

Yum! Brands: A global fast-food leader on the move | Entrepreneur

Yum! Brands reports modest revenue growth but falls short of analyst expectations.
Yum! Brands focuses on digital engagement to enhance customer experience and operational efficiency. [ more ]
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