Coinbase’s first quarter numbers signaled why next week’s public debut is likely to be a blockbuster. Coinbase said it expects to report revenue of $1.8 billion, up nearly 10 times the year-earlier quarter. Coinbase expects net income of between $730 million and $800 million, a massive increase on the roughly $32 million the company reported a year earlier. Trading volume hit $335 billion, up...
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Opinion Media/Telecom Entertainment
Why YouTube Sees Hollywood’s Future in the Creator Economy
Tuesday’s letter from YouTube Chief Business Officer Robert Kyncl to its 2 million–strong creator community—announcing that original content chief Susanne Daniels had resigned—read like the final salvo in YouTube’s recent PR campaign touting its creator economy successes. Consider: When Daniels started in her role in 2016, she was commissioning original scripted...
Google Urges Court To Throw Out Texas-led Antitrust Case Against Ad Tech Business
Twitter CEO Shakes Up Security Team
TikTok Owner ByteDance’s 2021 Revenue Rose 70%
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