XRP slides 6% after a $1.02B token unlock and 87% drop in activity spark fears of oversupply and fading user demand.

On-chain data from XRPSCAN showed that Ripple has unlocked 500 million XRP worth approximately $1.02 billion from an escrow ...

Apple is losing more than US$1 billion (S$1.34 billion) a year on its streaming service, the Information reported on March 20, citing two people familiar with the matter. The tech giant has spent ...

Elon Musk’s X has raised nearly $1 billion in new equity, according to Bloomberg. The funding brings the company’s value to its valuation of $44 billion when Musk purchased and privatized the ...

Previously, she was a writer and editor at MUO. Apple TV Plus is losing more than $1 billion every year despite reaching 45 million subscribers in 2024, according to a report from The Information.

The Apple TV+ premium subscription service is losing more than $1 billion per year, according to an anonymously sourced report by The Information published Thursday. The tech giant is spending ...

Apple AAPL.O is losing more than $1 billion a year on its streaming service, the Information reported on Thursday, citing two people familiar with the matter. The tech giant has spent more than ...

AI-powered search startup Perplexity is said to be in early talks to raise up to $1 billion in a new funding round valuing the startup at $18 billion. Bloomberg, citing a person familiar with the ...

A new report from The Information claims that Apple is losing over $1 billion a year on Apple TV+ (per Reuters). Apparently, the company has spent more than $5 billion a year on content since the ...

In the heavily-paywalled article, Ma reports that Apple’s losses on TV+ amount to over $1 billion per year. While it’s long been known that the streamer was not yet profitable, this is the ...

While its subscriptions grew to around 45 million last year, it is still losing more than $1 billion annually. The company has spent more than $5 billion a year on content since the service ...

Apple's (AAPL) streaming platform is losing a reported $1 billion a year as the company faces stiff competition and a more choosy consumer. According to a report in the Information, Apple ...