38B

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Analysis: Amazon had $38B in 2022 ad revenue, more than the entire global newspaper industry and likely above Prime, leading to questions over ads and marketing (Benedict Evans)

[ad_1] Benedict Evans: Analysis: Amazon had $38B in 2022 ad revenue, more than the entire global newspaper industry and likely…

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Nintendo cuts its full-year earnings and revenue outlook, including operating income from ~$3.8B to ~$3.6B, and revises Switch sales forecasts from ~19M to ~18M (Bloomberg)

[ad_1] Bloomberg: Nintendo cuts its full-year earnings and revenue outlook, including operating income from ~$3.8B to ~$3.6B, and revises Switch…

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US-based MaxLinear, which makes chips for broadband systems, will buy Taiwan's Silicon Motion, which makes NAND flash controllers for SSD devices, for $3.8B (Bloomberg)

[ad_1] Bloomberg: US-based MaxLinear, which makes chips for broadband systems, will buy Taiwan’s Silicon Motion, which makes NAND flash controllers…

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Amazon reports Q1 revenue up 7% YoY to $116.4B, $3.8B net loss vs. $8.1B net income in Q1 2021, and AWS revenue up 37% YoY; stock down 10%+ on weak Q2 guidance (Business Wire)

[ad_1] Business Wire: Amazon reports Q1 revenue up 7% YoY to $116.4B, $3.8B net loss vs. $8.1B net income in…

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Technology

Seattle-based Convoy, which connects shippers and freight brokers to 400K+ trucks via its app, raises a $160M Series E and $100M in debt at a $3.8B valuation (Chris Metinko/Crunchbase News)

[ad_1] Chris Metinko / Crunchbase News: Seattle-based Convoy, which connects shippers and freight brokers to 400K+ trucks via its app,…

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KKR agrees to buy Barracuda, which helps companies manage and protect cloud data, from Thoma Bravo; sources: the deal values Barracuda at ~$3.8B including debt (Bloomberg)

[ad_1] Bloomberg: KKR agrees to buy Barracuda, which helps companies manage and protect cloud data, from Thoma Bravo; sources: the…

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Kuaishou reports Q4 revenue of $3.8B, up 35% YoY, with a ~$1B net loss, and MAUs up 21.5% YoY to 578M, as daily time spent per user rose 32% to 118.9 minutes (Zheping Huang/Bloomberg)

[ad_1] Zheping Huang / Bloomberg: Kuaishou reports Q4 revenue of $3.8B, up 35% YoY, with a ~$1B net loss, and…

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