Roku said on Thursday it expects a sharp slowdown in revenue in the third quarter as TV advertisers continue to tighten their belts, and withdrew its full-year revenue growth estimate due to mounting macroeconomic uncertainties. The San Jose, Calif.-based company sells internet-connected hardware for streaming, but earns a growing share of its money from placing ads on original and acquired...
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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....
U.K. Government Blocks Chip Deal by Chinese Firm
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