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Tag: earnings report

The Briefing: Under Armour To Sell MyFitnessPal, Big Tech Reports Big Earnings, And More

Here’s what you need to know today in startup and venture news, updated by the Crunchbase News staff throughout the day to...

Report: Free Fire Sees Over 100M Peak Daily Active Users in Q2

The mobile battle royale game Garena Free Fire saw its highest-ever player numbers during the second quarter of 2020. A report published by...

Thermo Fisher’s $12.5B deal for Qiagen falls through, as COVID-19 test demand lights new path forward

While many companies have faltered under the spread of COVID-19, others may be doing a little too well for some tastes—with Qiagen’s investors...

Call Of Duty Microtransactions Helped Boost Activision’s Profits By $536 Million

Activision Blizzard's latest quarterly revenue report has been released, enabling us to put a dollar figure on the success of Call of Duty:...

Harley-Davidson will lay off 500 employees as part of turnaround strategy

CHICAGO — Harley-Davidson on Thursday said it will lay off 500 employees this year as part of new Chief Executive Jochen Zeitz's efforts...

Uber reportedly agrees to acquire Postmates for $2.65 billion

Uber has reportedly agreed to buy Postmates in an all-stock deal worth $2.65 billion. According to Bloomberg, the deal may be announced...

How COVID-19 Is Impacting EA’s Business

Due to the COVID-19 pandemic, more people are staying home and playing video games. As such, spending on gaming has grown, and Electronic...

PayPal, Venmo to Roll Out Crypto Buying and Selling: Sources

Fintech giant PayPal plans to roll out direct sales of cryptocurrency to its 325 million users, according to three people familiar with the...

Cannabis Business News LIVE- Elon Musk Drops a Weed Bomb, Bruce Linton Leaves Vireo, High Times Tries a New Deal, and more!

In this week’s Weed Talk News, Jimmy Young of Pro Cannabis Media, Deb Borchardt of Green Market Report, Solomon Israel of MJ BIZ...

Tilray sued again over ABG revenue-sharing agreement

Canadian cannabis company Tilray has been hit by yet another lawsuit, this time over the alleged misleading of shareholders and insider trading.  According to...

GameStop Loses $165 Million After Temporarily Closing More Than 3,000 Stores Due To COVID-19

Video game retailer GameStop has announced earnings for its first quarter ended May 2, and as expected, it was a tough period for...

Slack drops 10%+ after its revenue growth, guidance fail to impress

Today Slack reported its earnings results for the three months ending April 30, 2020, the first quarter of its fiscal 2021. The well-known SaaS...

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