Talabat’s $1.5 Billion IPO Sells Out Soon After Books Open
Delivery Hero SE’s Middle East unit had demand for all shares in its $1.5 billion Dubai initial public offering minutes after ...
Bloomberg L.P.23d
DoorDash Adds Lyft Discounts in Bid to Boost Subscriptions
DoorDash Inc. is teaming up with Lyft Inc. to offer ride discounts to its subscribers, as rideshare and delivery apps lean on partnerships to deepen customer loyalty. Members of DashPass ...
Bloomberg L.P.26d
OpenAI CFO Says 75% of Its Revenue Comes From Paying Consumers
In an interview with Bloomberg TV on Monday, Friar said that roughly 75% of OpenAI’s business comes from consumer subscriptions. The company’s paid consumer plan for its chatbot ChatGPT ...
Coinbase Eyes More Acquisitions as It Expands Payments Business
Coinbase Global Inc. is ramping up its efforts in the digital-payments space, with ambitions to make additional acquisitions and generate more revenue from the business line.
Meta Unveils Less-Tailored Ads to Allay EU’s Worries
Meta Platforms Inc. is rolling back targeted ads for European users in a bid to address European Union concerns over the ...
Bloomberg L.P.26d
Saudi Finance Firm’s $264 Million IPO Sells Out in Minutes
Saudi Arabian financial services firm United International Holding Co. had demand for all shares in its up to 990 million riyal ($264 million) initial public offering minutes after subscriptions ...
Bloomberg L.P.24d
US Bitcoin ETFs Get Third-Highest Inflow With Token Near Record
The subscriptions on Tuesday lifted year-to-date inflows for the group of 12 funds to more than $23 billion, according to data compiled by Bloomberg. The issuers of the ETFs include the likes of ...
Yahoo Finance25d
OpenAI CFO Says 75% of Revenue Comes From Consumer Subscriptions
OpenAI, backed by Microsoft (MSFT, Financials), generates about 75% of its revenue from consumer subscriptions, according to Chief Financial Officer Sarah Friar, Bloomberg reported. The consumer ...
New York Times falls as subscriptions miss: Tech workers walk out ahead of election day
New York Times Co. shares fell Monday after the newspaper publisher reported third-quarter revenues and subscriptions that fell short of analysts’ expectations and the company’s tech workers went on ...
Apple TV+ spent $20B on original content. If only people actually watched.
Apple TV+ launched in 2019. Since then, the company has spent over $20 billion to build an impressive library of original ...
EchoStar Sheds 43,000 Pay TV Subscribers, Adds 145,000 Sling TV Subscriptions in Q3
The Dish parent has entered into an agreement to sell the satellite TV giant to rival DirecTV in a deal for $1 and $9.75 ...
CNET24d
OpenAI CFO: Paid ChatGPT Subscriptions Make Up Most of Our Business
Samantha Kelly is a freelance writer with a focus on consumer technology, AI, social media, Big Tech, emerging trends and how they impact our everyday lives. Her work has been featured on CNN, NBC ...