Archive for October 17th, 2019
A Wee Pin Drop
Fascinating follow up by the WSJ on Daryl Morey’s Oct. 4 pro-HK Tweet: It indicates that around 50% of the Tweets at him came from accounts with 0-13 followers, and 4,855 of those users had never Tweeted previously. Where did all those new tweets come from??
Earnings season for the quarter is in full swing.
IBM had Q3 revenue of $18B, down 3.9% YOY, with Red Hat sales of $371M, and cloud revenue up 11%. Netflix, Q3 revenue of $5.25B, up 31% YOU with 158M paid subscriptions globally.
Huawei, overall sales at $86B, up 25% YOY, smartphone shipments up 26% YOU (to 185M units through Sept of this year).
Some noteworthy funding…Invoca, AI-powered call tracking and conversational analytics firm, raised $56M bringing its total financing to $116M
Galileo Financial raised $77M Series A led by Accel and provides APIs for backend integration for fintech startups.
One from India, MyGate, a Bangalore startup with a security and community management app for gated communities: $56M Series B from Tencent, others.
Ex-Cisco-ites raised $145M for Pensando Systems, which builds custom hardware for processing data at the edge.
Oh, and one other wee bit of news: The U.S. FCC has approved the merger between T-Mobile and Sprint.
Did you hear the pin drop?