Others

Helbiz sees losses in mobility revenue, slight gains in streaming

November 15, 2022

Helbiz’s third quarter earnings show a company that’s burning cash, not making revenue gains and losing riders year over year. However, Helbiz’s burgeoning sports streaming service did realize some small gains. The micromobility SPAC reported its Q3 earnings Monday, the same day as its only public market competitor, Bird. Neither company is performing well operationally […]

Helbiz sees losses in mobility revenue, slight gains in streaming by Rebecca Bellan originally published on TechCrunch

Bird may not have enough funds to continue shared micromobility business

November 14, 2022

Just hours after Bird said it had overstated revenue for more than two years by recognizing unpaid customer rides, Bird dropped a growing concern warning. In a regulatory filing, the company said it might “need to scale back or discontinue certain or all of its operations in order to reduce costs or seek bankruptcy protection.” […]

Bird may not have enough funds to continue shared micromobility business by Rebecca Bellan originally published on TechCrunch

Amazon launches ‘Sports Talk’ on Prime Video to give sports fans 12 hours of live daily content

November 14, 2022

Today, Amazon Prime Video announced the launch of “Sports Talk,” a live daily programming block dedicated to 12 hours of sports-talk content. Broadcasting Monday through Friday from 8 a.m.-8 p.m. ET on Prime Video, viewers in the U.S. can access seven new shows on Sports Talk without a Prime membership. It will also be available […]

Amazon launches ‘Sports Talk’ on Prime Video to give sports fans 12 hours of live daily content by Lauren Forristal originally published on TechCrunch

SoftBank writes down nearly $100 million investment in FTX

November 14, 2022

As more details emerge regarding the events that led to FTX’s bankruptcy and stunning collapse, the cryptocurrency exchange’s investors are also being scrutinized. Namely, many people are asking just how could so many high-profile investment firms pour a collective $2 billion with apparently so little due diligence. The notorious Japanese investment conglomerate SoftBank, for example, […]

SoftBank writes down nearly $100 million investment in FTX by Mary Ann Azevedo originally published on TechCrunch