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Seagate misses Q1 estimates with $2.04B revenue and plans to cut around 3,000 jobs to reduce costs amid slowing demand; stock drops 9%+ and is down ~50% YTD (Ian King/Bloomberg)
Tech

Seagate misses Q1 estimates with $2.04B revenue and plans to cut around 3,000 jobs to reduce costs amid slowing demand; stock drops 9%+ and is down ~50% YTD (Ian King/Bloomberg)

Mr.Mario -
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How Netflix plans to fight slowing growth, including via an ad-supported tier; Netflix accounts for ~8% of all TV viewership in the US, the most of any network (Lucas Shaw/Bloomberg)
Tech

How Netflix plans to fight slowing growth, including via an ad-supported tier; Netflix accounts for ~8% of all TV viewership in the US, the most of any network (Lucas Shaw/Bloomberg)

Mr.Mario -
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A look at Netflix's franchise-building efforts, as it plans to build brands that traverse film, TV, games, and consumer products, to counter slowing growth (Reuters)
Tech

A look at Netflix's franchise-building efforts, as it plans to build brands that traverse film, TV, games, and consumer products, to counter slowing growth (Reuters)

Mr.Mario -
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Report: video game revenue in China fell for a third consecutive month in May 2022, down 6.7% YoY to $3.4B, amid a slowing economy and regulatory uncertainties (Xinmei Shen/South China Morning Post)
Tech

Report: video game revenue in China fell for a third consecutive month in May 2022, down 6.7% YoY to $3.4B, amid a slowing economy and regulatory uncertainties (Xinmei Shen/South China Morning Post)

Mr.Mario -
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Spotify to Hold First Investor Meeting Since 2018 to Hype Wall Street’s Enthusiasm Amid Slowing Economy
Tech

Spotify to Hold First Investor Meeting Since 2018 to Hype Wall Street’s Enthusiasm Amid Slowing Economy

Mr.Mario -
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Netflix cuts 150 jobs out of 11K across departments in a new round of layoffs, mostly in the US, as the company reins in costs amid slowing revenue growth (Nellie Andreeva/Deadline)
Tech

Netflix cuts 150 jobs out of 11K across departments in a new round of layoffs, mostly in the US, as the company reins in costs amid slowing revenue growth (Nellie Andreeva/Deadline)

Mr.Mario -
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Netflix Says It Laid Off 2 Percent Staff Due to Slowing Revenue Growth, Loss of Subscribers
Tech

Netflix Says It Laid Off 2 Percent Staff Due to Slowing Revenue Growth, Loss of Subscribers

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FactSet: revenue growth at China's tech giants is slowing; the average target for Meituan's shares fell 20%+ in March, while Tencent and JD's targets fell 10%+ (Clarence Leong/Wall Street Journal)
Tech

FactSet: revenue growth at China's tech giants is slowing; the average target for Meituan's shares fell 20%+ in March, while Tencent and JD's targets fell 10%+ (Clarence Leong/Wall Street Journal)

Mr.Mario -
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Pushpa slowing down, but the job is done
సినిమా

Pushpa slowing down, but the job is done

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Windows 11 is significantly slowing down some NVMe SSDs
Tech

Windows 11 is significantly slowing down some NVMe SSDs

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