Comcast’s Peacock video stremaing service lost $520 million in the third quarter, the company said, more than twice the losses of a year ago, mostly due to programming expenses. But other than that update, Comcast executives hardly mentioned Peacock when discussing third quarter results on a conference call with Wall Street analysts—even though Peacock just a few months ago was a major focus for...
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Kickstarter’s Blockchain Plans Risk Challenge From DAOs; Congress’ Meta Concerns
Kickstarter’s planned transition to a blockchain-based platform next year further highlights the growing intersection of crypto and crowdfunding. The crowdfunding site plans to make the switch next year, according to Bloomberg. But that may not be soon enough to compete with blockchain-based groups called decentralized autonomous organizations, or DAOs, which are capturing VC interest and...
Quick Commerce Startup FastAF Valued at $200 Million
Rent the Runway’s Revenue Grew 64% in Q3
‘The Trust is Gone’: Lawmakers Press Instagram Head at Senate Hearing
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