weak
- Technology
Lyft reports Q1 revenue up 14% YoY to $1B, net loss of $187.6M vs. $196.9M YoY, and active riders up 9.8% YoY to 19.5M; LYFT drops 13%+ on weak Q2 guidance (Akash Sriram/Reuters)
Akash Sriram / Reuters: Lyft reports Q1 revenue up 14% YoY to $1B, net loss of $187.6M vs. $196.9M YoY,…
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The Dangerous Weak Link in the US Food Chain
Just-in-time logistics mean that even short-term cyberattacks can have serious consequences. Hacks that disrupt fertilizer or pesticide production can force farmers to…
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French envoy: Canada should link with Europe, surpass ‘weak’ military engagement
OTTAWA – France’s ambassador to Canada says Ottawa must choose between tying itself entirely to Washington or broadening its…
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GitLab reports Q4 revenue of $122.9M, up 58% YoY, a loss of $46.3M, up from $40.6M a year ago, and a weak revenue forecast for fiscal 2024; stock drops ~37% (Jordan Novet/CNBC)
Jordan Novet / CNBC: GitLab reports Q4 revenue of $122.9M, up 58% YoY, a loss of $46.3M, up from $40.6M…
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Takeaways from Gonzalez v. Google oral arguments: the justices did not engage much with Gonzalez's weak core arguments after an initial dismantling (Eric Goldman/Technology & …)
Eric Goldman / Technology & Marketing Law Blog: Takeaways from Gonzalez v. Google oral arguments: the justices did not engage…
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How a slowing digital ad market, Apple's ATT changes, tech companies' internal turmoil, weak content moderation, and more are contributing to a junk ad epidemic (Tiffany Hsu/New York Times)
Tiffany Hsu / New York Times: How a slowing digital ad market, Apple’s ATT changes, tech companies’ internal turmoil, weak…
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Lyft opens down 32% after saying it expects $975M in Q1 revenue vs. $1.09B est.; Lyft CFO blamed "seasonality and lower prices" for the weak guidance (Lauren Feiner/CNBC)
Lauren Feiner / CNBC: Lyft opens down 32% after saying it expects $975M in Q1 revenue vs. $1.09B est.; Lyft…
Read More » - Technology
Lyft reports Q4 revenue up 21% YoY to $1.2B, a net loss of $588.1M vs. $283.2M YoY, and active riders up 8.7% YoY to 20.4M; stock is down 20%+ on weak guidance (Kathryn Hardison/Wall Street Journal)
Kathryn Hardison / Wall Street Journal: Lyft reports Q4 revenue up 21% YoY to $1.2B, a net loss of $588.1M…
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Pinterest reports Q4 revenue up 4% YoY to $877M, vs. $886.3M est., net income of $17M, and global MAUs up 4% YoY to 450M; stock drops 10%+ on weak Q1 guidance (Jonathan Vanian/CNBC)
Jonathan Vanian / CNBC: Pinterest reports Q4 revenue up 4% YoY to $877M, vs. $886.3M est., net income of $17M,…
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