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Daily Crunch: Falling short of analysts’ estimates, Warner Bros. Discovery posts $2.1B net loss for Q4 2022

TechCrunch

Fashion layoffs : Secondhand apparel marketplace Poshmark is now laying off employees just two months after being acquired by Naver, Kate reports. Buy, buy, buy : Rebuy is out to change the customer buying experience, one personalization at a time , Christine reports. Ai, ai, AI: Natasha L reports how Voicemod tools up with $14.5

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To Make It Big, Most Tech Startups Have A Limited Post-IPO Window To Turn Profitable

Crunchbase News

That’s the question we set out to explore, with an eye to gauging investors’ tolerance threshold when waiting for a public company to produce net income. One of the more recent entrants into the now-profitable club is Uber , which went public in 2018 and posted its first annual net income in 2023. Here’s what we found.

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GoTo’s debut shows the global IPO window is not entirely closed

TechCrunch

At the time of the merger of Gojek and Tokopedia, the company reported a combined gross transaction volume (GTV) of $22 billion in 2020. million ) in 2020 net revenue to 6.258 trillion Rupiah ( $435.8 Looking ahead, estimates for the company push its net revenue number to 10.696 trillion Rupiah ( $744.8 Financials.

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Are late-stage startup valuations going to suffer this year?

TechCrunch

crypto exchange posting net revenues of $2.49 billion, net income of $840 million and adjusted EBITDA of $1.21 The company’s incredibly profitable 2021 — net income of $3.62 billion in total net revenue — has led to a less valuable Coinbase, at least according to recent trading. billion from $7.35

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TechCrunch+ roundup: SaaS benchmarks, TikTok strategy, milestone-based fundraising

TechCrunch

.” Full TechCrunch+ articles are only available to members Use discount code TCPLUSROUNDUP to save 20% off a one- or two-year subscription In this detailed breakdown, he compares net revenue retention rates by ARR range and identifies benchmarks for companies that have yet to reach product-market fit. ” Thanks for reading TC+!

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Cybersecurity Snapshot: CISA Breaks Into Agency, Outlines Weak Spots in Report, as Cloud Security Alliance Updates Cloud Sec Guidance

Tenable

Meanwhile, a Google report puts a spotlight on insecure credentials. 1 - CISA’s red team breaches fed agency, details lessons learned A new, must-read report from the U.S. Separately, the red team also breached the network’s Windows environment via a phishing attack. Specifically, weak or no credentials accounted for 47.2%

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Microsoft’s October 2024 Patch Tuesday Addresses 117 CVEs (CVE-2024-43572, CVE-2024-43573)

Tenable

Our counts omitted one vulnerability reported by Hackerone. Moderate CVE-2024-43573 | Windows MSHTML Platform Spoofing Vulnerability CVE-2024-43573 is a spoofing vulnerability in the Windows MSHTML Platform. of the vulnerabilities patched this month, followed by elevation of privilege (EOP) vulnerabilities at 23.9%.

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