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BLOOMBERG Bloomberg Technology July 13, 2024

Shares are down in after hours trading. We will have a report. And, libra grilling. Facebook Ceo Mark Zuckerberg is anticipated to face lawmaker questions on the social networks controversial cryptocurrency on wednesday. We cover what to expect. First, our top story. Snap fell as much as 10 in late trading after reporting thirdquarter earnings. The Company Reported revenue and user growth beating analyst estimates. It has been boosted by an increase in downloads to the revamped android version. But questions remain about longterm monetization. To break it down for us, i want to bring in Jitendra Waral from bloomberg intelligence. First lets talk about the third quarter, daily active users. I have a chart here that i am showing in my terminal. Seems like those daily active users knocked it out of the park. Jitendra ....

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Snap New Layoffs Hit Teams Like Content Moderation, Those Aiding DEI Efforts

The Snapchat company laid off hundreds of workers in a new round of cuts impacting several key departments. ....

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11 People Running Netflix's Rapidly Growing Entertainment Empire

Netflix's top leadership team today consists of about a dozen executives, and the majority of them are fairly new in their roles. Here are the 11 key people at Netflix. ....

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Netflix's Ad Tier Now Has More Than 23 Million Monthly Members

Netflix recently eclipsed 23 million global monthly active users, according to president of advertising Amy Reinhard. ....

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Amazon Recruits Disney Exec Helfand To Lead Ad-Supported Launch

Amazon Recruits Disney Exec Helfand To Lead Ad-Supported Launch
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