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250,000 car deliveries in one quarter can't save Tesla from dwindling revenue
Tesla announced on Wednesday that automotive revenue declined by more than 13 percent following last quarter's record-breaking sales, despite ending the quarter with "the highest vehicle production month" in company history.
Netflix lost nearly 1 million subscribers last quarter
Netflix says it lost nearly 1 million subscribers in Q2, although that's not as bad as feared.
NVIDIA reportedly slows down hiring as it braces for a drop in gaming sales
A slowing economy continues to affect the tech industry, as NVIDIA has become the first chipmaker to announce that it will pare back on new hires.
Nintendo predicts Switch sales will continue to slow this year
The gaming giant sold 23.06 million Switch units for the 2022 fiscal year.
Sony has now sold over 19 million PS5s
Sony announced that it sold just 2 million PlayStation 5 units last quarter, bringing its overall total to 19.3 million.
Uber is bouncing back from the pandemic faster than Lyft
Lyft will need to spend more to lure back drivers.
AMD teases new 'Dragon Range' CPUs for high-end gaming laptops
With the release of its (impressive) Q1 2022 financial results, AMD also revealed plans for its upcoming Ryzen 7000 Zen 4 series laptop CPUs.
Apple had a huge quarter, but revenue growth is slowing
Apple had its best March quarter yet, posting revenues of $97.3 billion, which is a 9 percent jump from the same period last year.
Samsung reports steep rise in profit for the first quarter of 2022
Thanks mainly to the strong demand for its memory chips and its Galaxy S22 phones.
Ads are coming to YouTube Shorts
With YouTube's Shorts gathering significant momentum over the past year, Google is now experimenting with ads on the platform.
HBO and HBO Max gained 3 million subscribers before splitting from AT&T
HBO Max and HBO picked up 3 million subscribers in the same quarter that Netflix lost 200,000 of them for the first time in years.
Tesla nearly doubled its revenue in Q1 despite industry wide supply chain woes
Ignoring the whole Twitter thing, Tesla built 305,000 vehicles in the first quarter of this year, delivered 310,000 of them, and opened two new factories in Berlin and Austin.
Netflix isn't blaming the pandemic recovery for its lost subscribers
Netflix lost subscribers for the first time in a while, but it's not blaming the pandemic recovery — competition, account sharing and Russia were factors.
Peloton is replacing its CEO and cutting around 2,800 jobs
Peloton is trying stem to its financial struggles by replacing its CEO, overhauling the board and laying off around 20 percent of its corporate workforce
The Switch is now Nintendo's best-selling home console ever
While Sony's holiday console sales were down due to parts shortages, Nintendo managed to have a strong quarter with the Switch.
Spotify CEO admits its content policy should've been public before now
Spotify's CEO briefly addressed recent controversy on today's earnings call.
Sony drops PlayStation 5 sales forecast again due to chip shortage
Sony is still struggling to make enough PlayStation 5 consoles to keep up with demand.
GM's Q4 sales suggest a banner 2022
Strong sales of its existing pickup and SUV lines in Q4 have GM positioned for a strong start to 2022 as the company works to electrify and automate its vehicle offerings.
Apple brought in a record-breaking $123.9 billion in revenue, despite supply constraints
Apple just dropped its earnings report for the first quarter of 2022, and it's broken revenue records all across the board.
Samsung posts record revenue but reveals profit decline for Q4 2021
Samsung's memory and mobile divisions are still its biggest businesses.
