About 14 million households are regularly watching NBCU’s Peacock service, just one-third of the 42 million people who have signed up for it, the company said today on its first quarter earnings call. That is up from the 11.3 million active accounts it had earlier this year, as first reported by The Information. Still, the 14 million number isn’t terrible given the service is less than a...
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Snap’s Weak Q4 Projection Signals Sharp Slowdown in Ad Market
Advertisers are hitting the brakes—hard. That’s the message today from Snap, the first of the digital ad companies to report third-quarter earnings. A combination of Apple’s ad-targeting clampdown and knock-on effects from supply shortages are expected to sharply slow fourth-quarter ad growth, Snap executives warned. It was a sobering portent for Facebook, Alphabet and all other media firms...
Brex Said to Raise Funding at $12.3 Billion Valuation
Intel Blames Chip Shortage for Q3 Sales Miss
Snap Reports Slowdown in Revenue Growth and Projects Bigger Slowdown in Q4
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