Roku ended the year on a strong note, further cementing its strategy as an ads-first business. Revenue rose 49% to $411 million in the fourth quarter, nearly two-thirds of which came from platform segment—essentially ad sales. The company’s costs also went up, largely because it increased its headcount and acquired an ad tech company, dataxu. In the quarter, Roku lost $17.4 million from...
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Live from SF, It’s Tech Week
Hi, welcome to your Weekend.It was the boom-iest of times, it was the doom-iest of times. At least that’s how it feels right now in Dickensian San Francisco, where AI companies are setting up shop on every avenue, while fentanyl dealers are hanging out in every alley. I joke—but seriously, it’s wild out here. No fewer than 17 of the 35 startups listed on The Information’s new Generative AI...
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