Lowering costs nets Salesforce a profitable quarter, but can it keep it up?
Salesforce had a better quarter than expected, but it’s reporting and forecasting those results based on prior work, to a real degree.
Salesforce had a better quarter than expected, but it’s reporting and forecasting those results based on prior work, to a real degree.
Publishing accounted for 62% of BMG’s overall take, driven by classic hits and songs by new artists like Lewis Capaldi.
The German promoter and ticketing company has “healthy organic growth,” says CEO Klaus-Peter Schulenberg.
Nvidia’s second-quarter earnings, which were reported Wednesday after markets closed, prove there is money to be made — and lots of it — selling the picks and shovels of the generative AI boom. “A new computing era has begun. Companies worldwide are transitioning from general-purpose to accelerated computing and generative AI,” Nvidia founder and CEO…
For the first time since its 2016 founding, music contributed more revenue than social entertainment at TME.
With physical sales down 2%, streaming grew its total recorded music revenue share to 69% on the quarter.
Recorded music revenue rose nearly 8%, thanks to a strong slate of releases led by Ed Sheeran, Linkin Park and Melanie Martinez.
Subscriptions remain strong, and “music is highly undervalued,” according to Deezer CEO Jeronimo Folgueira.
Amazon has seen AWS growth rates dropping substantially over the last three quarters, from 20% to 16% to 12% this quarter. That’s not the kind of trend any company wants to see, but especially for a division like AWS, which has been a growth driver for Amazon over the years. Still, Amazon CEO Andy Jassy…
Cloud growth has been slowing for a number of reasons this year. Some of it has to do with macroeconomic headwinds causing customers to look to cut their cloud bills, some of it has to do with a maturing market, which comes with an inevitable decline in growth. With the Big 3 cloud vendors —…
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