Twitter-owner Elon Musk said on Thursday users of the social media platform will be able to offer their followers subscriptions to content, including long-form text and hours-long video. Users offering the subscription, a feature they can access through the “Monetization” tab in settings, will get all the money subscribers pay apart from the charges platforms…
SoftBank Vision Fund Posts $26 Billion Loss; Son Pledges Defense
TOKYO—Japan’s SoftBank Group Corp. reported a record $26.2 billion loss at its Vision Fund investment arm on Thursday, as rising interest rates and political instability whiplashed high-growth tech stocks. The loss was in stark contrast to a year earlier when SoftBank delivered a record annual profit, putting founder and CEO Masayoshi Son’s strategy of concentrating…
Is Nvidia a Software Play? What This Analyst Sees as ‘Software-Only Monetization Opportunities’
Nvidia Corporation held its GTC 2022 earlier this month, where it announced a slew of products and services. An analyst at Wells Fargo Securities singled out the company’s pivot to software as a key takeaway. The Nvidia Analyst Aaron Rakers has an Overweight rating and a $370 price target for Nvidia shares, suggesting a roughly 33.6…
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