The digital advertising slowdown is becoming a theme: Google parent Alphabet on Tuesday reported a 13% revenue increase to $69.7 billion in the second quarter, its slowest quarterly growth since the start of the pandemic. The result, which matched second-quarter growth by Snap, a much smaller rival, ended Alphabet’s six-quarter run of blockbuster, 20%-plus growth. Alphabet’s free cash flow fell...
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Sequoia, Andreessen and Bessemer’s Beating and Snap’s Selfie Drone
Is anybody else pumped for some appointment streaming this weekend? The first episode of HBO’s “House of Dragon,” the hotly anticipated prequel series to “Game of Thrones,” premieres Sunday night. Then, 12 days later, Amazon will debut its own fantasy series, “The Lord of the Rings: The Rings of Power,” on Sept. 2. It’s fair to say HBO and its debt-laden parent company, Warner Bros....
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