Tag Archives: earnings

Verizon’s profits surge as it waits for 5G

Verizon is betting its future on 5G, while its current network is producing a mixed bag of results — just look at its latest quarterly earnings.  On the positive side, the company posted stronger-than-expected first-quarter profits on Tuesday when it reported earnings for the first three months of the year. It also reported a net …

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Netflix added subscribers like gangbusters but it won’t book as many next time

Netflix‘s latest report on its business had a twist ending this time: The streaming-video giant still is adding customers like crazy, but it doesn’t expect its growth to keep pace in the coming months US subscribers grew by 1.74 million and its members abroad climbed by 7.86 million, Netflix said in a report Tuesday on its first-quarter financial performance. But …

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Netflix wants you to know Umbrella Academy, Triple Frontier, and Fyre are so hot right now

Netflix is happy to brag about how many of its 148 million subscribers are watching its shows and movies — it means more of you sheeple will click play too.  Netflix let spill Tuesday that its heist movie Triple Frontier was watched by 52 million accounts, superhero series Umbrella Academy by 45 million and its Fyre Festival documentary by 25 million, …

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Twitter earnings show that advertisers like a less toxic social network

Twitter can be filled with harassment, bullying, misinformation and hate speech — not exactly a warm and fuzzy place for people or companies hoping to spread their messages. On Thursday, Twitter showed it’s making strides against toxic users. The company reported that the number of monthly active users fell slightly to 321 million in the fourth quarter from 326 million in the …

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Moto G7 and LG G8 get the smartphone wars going (The 3:59, Ep. 517)

On this podcast, we talk about: A look at the new Moto G7 phone lineup… …and the new LG G8 ThinQ phone. Home security drones. Twitter’s quarterly earnings showing some improvement. Now playing: Watch this: Moto G7 and LG G8 get the smartphone wars going (The… 4:41 The 3:59 gives you bite-size news and analysis about the top stories of the …

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Spotify wants to build a podcast empire, starts by buying Gimlet and Anchor

Spotify picked up podcast companies Gimlet and Anchor as it looks for new listeners, the streaming service said Wednesday.  “Our podcast users spend almost twice the time on the platform, and spend even more time listening to music,” Spotify CEO Daniel Ek said in a statement. “We have also seen that by having unique programming, people who previously thought Spotify …

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Snap’s earnings show that users aren’t disappearing anymore

Snap, which has struggled to keep users on its Snapchat app, broke its losing streak. Snap said Tuesday that 186 million users logged in to the vanishing-messaging app daily in the fourth quarter, the same number as in the previous quarter. Snap had seen a drop in daily usage for two consecutive quarters last year after an unpopular redesign of the …

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Et tu, Apple? iPhones will tout AT&T’s fake 5G E network (The 3:59, Ep. 515)

On this podcast, we talk about: Apple iPhones are now showing AT&T’s fake 5G E logo, too. Samsung invests in Refrigerdating. Google’s earnings don’t miss a beat, despite scandals. Now playing: Watch this: Et tu, Apple? iPhones will tout AT&T’s fake 5G E network… 4:31 The 3:59 gives you bite-size news and analysis about the top stories of the day, …

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Is Facebook scandal proof? (The 3:59, Ep. 513)

On this podcast, we talk about: How Facebook shrugged off controversy to post strong earnings. What Samsung’s earnings mean for the smartphone business. The 3:59 gives you bite-size news and analysis about the top stories of the day, brought to you by the CNET News team in New York and producer Bryan VanGelder. Now playing: Watch this: Is Facebook scandal …

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Sprint posts loss as it awaits a T

Sprint can’t wait to team up with T-Mobile. And yet it’s already been a long, long wait. The smallest nationwide carrier on Thursday posted a fiscal third-quarter loss of $141 million, or 3 cents a share, compared with a year-ago profit of $7.16 billion, or $1.79 a share, which had the advantage of a huge bump from the 2018 tax …

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