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A News Digest on Worldwide Company Revenue, Startup and Investment #7

  • 1-2 min read
  • March 29, 2021
  • 👍 Rating — 5 (3 votes)

Facebook revenue
Facebook reports Q4: $28.1B revenue, up 33% YoY, 1.84B DAUs, up 11% YoY, 2.6B people used a Facebook service daily, up 15% YoY; headcount up 30% YoY to 58,604 — Facebook, Inc. (Nasdaq: FB) today reported financial results for the quarter and full-year ended December 31, 2020.

Source: https://investor.fb.com/investor-news/press-release-details/2021/Facebook-Reports-Fourth-Quarter-and-Full-Year-2020-Results/default.aspx

iOS privacy changes
Facebook says it has authorized an additional $25B share buyback, ARPU was $10.14 and reiterates that Apple’s iOS 14 privacy changes could impact ad targeting.

Source: https://www.cnbc.com/2021/01/27/facebook-fb-earnings-q4-2020.html

Squarespace
Website-hosting service Squarespace says it filed confidentially for an IPO in the US; the company was valued at $1.7B in December 2017 when General Atlantic invested $200 million, adding to a $40 million stake taken in 2014. Earlier investors included Index Ventures and Accel, which led to a $38.5 million investment in 2010.

Source: https://www.bloomberg.com/news/articles/2021-01-27/squarespace-says-it-s-filed-confidentially-to-go-public-in-u-s

Berlin startup Signavio
SAP to acquire Signavio, a Berlin-based business process automation company, reportedly for $1.2B — Rumors have been flying this week that SAP was going to buy Berlin business process automation startup Signavio, and sure enough, the company made it official today.

Source: https://techcrunch.com/2021/01/27/sap-is-buying-berlin-business-process-automation-startup-signavio/

Apple revenue
Apple reports Q1 revenue of $111.4B, up 21% YoY, with international sales making up 64% of Q1 revenue; iPhone, Wearables, and Services set new revenue records — Revenue up 21 percent and EPS up 35 percent to new all-time records.

Source: https://www.apple.com/newsroom/2021/01/apple-reports-first-quarter-results/

Creator

Due to my Master`s Degree in journalism, I focus on the details while doing the research on the topic. My particular curiosity is about the latest mobile app developments that start in 2015 that make life easier and save much time to spend it more productive. I am an expert in reviewing and consulting web projects related to web applications, especially if they are connected with wearables.
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