financial report

130k people cancelled Netflix in the US after price increases

It seems the price hikes Netflix imposed in some countries earlier this year have come back to bite, the company’s Q2 earnings report revealed…

Telkom lost more than 100 000 fixed broadband users in 2018

Surprise surprise. People who previously had fixed line internet solutions are slowly heading to fibre and LTE options, according to Telkom’s latest internet subscriber…

Telkom nearly doubled its active mobile users in 2018

Telkom has had quite the stellar 2018. The South African telecoms firm on Monday announced its earnings for the fiscal year, underlined by green…

100m of Spotify’s 217m users are now Premium subscribers

Scandanavian music streaming service Spotify is now used by 217-million people globally, of which around 100-million pay for Premium access to the service. This…

Netflix grows to 130m users worldwide, but share price plunges

5.2-million more people are now subscribed to Netflix worldwide, but that number has fallen well short of the company’s forecast. It’s the first time…

Q1 2018: Spotify now has 170 million monthly active users

Spotify is now a public company, and will now release financial results every quarter. For number lovers, rejoice, but for those who’d like a…

Snapchat’s Q1 2018 earnings report is all kinds of sad

Facebook’s F8 conference brought with it some bad news for Snap Inc’s Snapchat. The yellow ephemeral messaging company announced its Q1 2018 earnings Tuesday,…

2.2bn people now access Facebook on a monthly basis

Facebook remains the largest country on the planet in terms of monthly active users. This after it released its user figures and financial balance…

Q1 2018: Twitter now has 336m monthly active users

No this isn’t a dream. Twitter gained a significant wad of monthly active users for the first time in a year. Publishing its earnings…

Spotify thinks it’ll have 208m users by the end of 2018

Just days ahead of its IPO, Swedish music streaming company Spotify has published its first ever guidance document for prospective investors and anyone who…

Snapchat’s owner publishes its latest chapter of troubling financial results

Judging by its latest batch of financial results, Snap is seemingly driven to outdo Twitter as one of the worst performing social media companies…

Twitter still has 328m users as growth flatlines

Twitter’s brief positive run of earning results and user growth came to an abrupt halt this quarter. The social messaging company today released its…

Facebook makes more cash than Google in Q2, but revenue slows

Facebook has brought in a higher net income than Google’s parent company Alphabet for the first time in history — though this has more to…

Alphabet shrugs off $2.7bn fine, still makes stacks of money this quarter

Google’s parent company Alphabet isn’t having the smoothest year on record thus far, but that hasn’t stopped it from making even more money this…

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