NVIDIA reportedly slows down hiring as it braces for a drop in gaming sales
It follows similar moves from Lyft, Snap, Meta and others.
Financials
Sony has now sold over 19 million PS5s
Only 2 million were sold last quarter, confirming Sony hasn't overcome its supply issues.
AMD teases new 'Dragon Range' CPUs for high-end gaming laptops
They'll arrive sometime in 2023.We have two newsletters, why not sign up for both?
Twitter admits it accidentally overstated user numbers between 2019 and 2021
The company also revealed an operating loss of $128 million as Musk deal approaches.
Ads are coming to YouTube Shorts
Usage of the platform is up four times over the last year.
HBO and HBO Max gained 3 million subscribers before splitting from AT&T
Netflix's loss was HBO's gain, apparently.
Peloton is replacing its CEO and cutting around 2,800 jobs
With its stock plunging 80 percent in a year, it's been a subject of takeover rumors.
The Switch is now Nintendo's best-selling home console ever
It just surpassed the Wii with 103.54 million sales since it launched in 2017.
Apple brought in a record-breaking $123.9 billion in revenue, despite supply constraints
The company is responsible for nearly 2 billion active devices globally.
Nintendo lowers its Switch sales forecast due to global chip shortage
It now expects to sell 24 million consoles instead of 25.5 million.
Amazon will spend billions of dollars to offset holiday shipping slowdown
It's due in large part to global supply chain issues.
Sony has sold 13.4 million PS5s
A boost in third-party games helped offset a drop in first-party sales.
Nintendo's sales can't keep up with last year's lockdown boom
COVID-19 and ‘Animal Crossing’ makes business-as-usual look worse by comparison.
Samsung vows to make foldable smartphones 'mainstream'
Its mobile business suffered in the last quarter due to component shortages.
Spotify added more paying customers than free ones last quarter
Seven million Premium subscribers signed up, while two million were ad-supported.
Netflix says its gaming push will begin with mobile
The company's growth continues to slow following 2020's boom.
Amazon made more profit during the pandemic than in the past three years
This was fueled in large part due to the rise of online shopping in 2020.
Spotify now has 158 million Premium subscribers
Barack Obama and Bruce Springsteen's podcast was the second most popular show on the platform.
CD Projekt Red made hundreds of millions on 'Cyberpunk 2077' despite the refunds
'Cyberpunk 2077' is officially the largest game in the company's history.
