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Competitors

All articles tagged with #competitors

Pure Storage Outperforms Competitors with Strong Revenue Growth

Originally Published 2 years ago — by Blocks & Files

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Source: Blocks & Files

Pure Storage reported revenue growth in its third fiscal quarter, with revenues reaching $762.8 million, up 13% YoY. The company achieved its third profitable quarter in history, driven by strong demand for its portfolio and the success of its storage-as-a-service offering, Evergreen//One. However, high subscription sales growth and a large telco order deliverable in 2025 led to a lower revenue outlook for the next quarter. Pure Storage aims to aggressively penetrate the lower price performance tiers of the disk market with its FlashBlade//E product, targeting the opportunity in enterprise and cloud storage. Despite falling short-term revenue growth, Pure Storage gained 353 new customers in the quarter, bringing its total to nearly 13,000.

"Apple's Vision Pro: 40 Years of Learning and Iteration Unleashed"

Originally Published 2 years ago — by AppleInsider

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Source: AppleInsider

Apple's upcoming release of Vision Pro, an AR headset, is expected to continue the company's tradition of redefining personal computing. The article explores why Apple has been successful in delivering groundbreaking innovations while many of its competitors have struggled. It highlights the importance of design, user experience, and partnerships in creating a cohesive and valuable product. Vision Pro is not intended to replace the Mac or iPhone but aims to deliver unique experiences that surpass handheld screens, desktop PCs, and other devices. The article also raises questions about the potential for competitors to copy Apple's work, Apple's ability to avoid past mistakes, the accuracy of tech journalism in predicting Apple's success, and the killer app that will drive demand for Vision Pro.

Twitch Expands Simulcasting Options and Enhances Off-Service Conduct Policy

Originally Published 2 years ago — by Engadget

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Source: Engadget

Twitch has announced that users will now be able to stream simultaneously on other live video platforms, as long as it doesn't compromise the Twitch user experience. This move comes after Twitch relaxed its rules on cross-streaming to social media apps in August. The decision to allow simulcasting may be a response to big-name streamers signing deals with competitors like YouTube, and aims to keep creators on board and increase their revenue streams. Twitch has been updating policies and introducing new features to improve user experience and attract investors.

Amazon Stock Falls, But Analysts See Attractive Entry Point

Originally Published 2 years ago — by MarketWatch

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Source: MarketWatch

Amazon.com Inc. stock fell 3.66% on Tuesday, underperforming the broader market as the S&P 500 and Dow Jones Industrial Average also experienced declines. The stock closed below its 52-week high and lagged behind competitors such as Apple, Microsoft, and Alphabet. Trading volume remained below average.

Amgen Inc. Stock Outperforms Market with Positive Earnings Report

Originally Published 2 years ago — by MarketWatch

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Source: MarketWatch

Amgen Inc. stock fell 0.76% on Friday, underperforming the overall stock market. The company closed $27.91 short of its 52-week high and had lower trading volume compared to its 50-day average. Competitors Johnson & Johnson and Pfizer Inc. also experienced fluctuations in their stock prices.

Apple's AI Chatbot: A Potential Game-Changer in the Making

Originally Published 2 years ago — by CNET

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Source: CNET

Apple has reportedly developed its own generative artificial intelligence tools, including a chatbot service called Apple GPT, to compete with offerings like OpenAI's ChatGPT and Google's Bard. The company's framework, called "Ajax," enables the creation of large language models. While Microsoft and Meta have already launched their own AI-powered language models, Apple has yet to release a comparable product. This move highlights Apple's efforts to establish a presence in the AI space.

Street Fighter 6 dominates EVO and Twitch with record-breaking entrants and viewership.

Originally Published 2 years ago — by EventHubs

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Source: EventHubs

Street Fighter 6 has broken the all-time EVO record for most registered competitors in a single game, with over 5,065 players already signed up and still two weeks to go until the event. The previous record was set in 2016 with Street Fighter 5. While there will likely still be some dropouts, Street Fighter 6 is checking more initial boxes than its predecessor did, and the hype for the game is strong. EVO 2023 will be held at the Mandalay Bay Resort and Casino in Las Vegas from August 4-6.

Amazon to Introduce Ad Tier for Prime Video

Originally Published 2 years ago — by Reuters

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Source: Reuters

Amazon is reportedly planning to launch an advertising-supported tier of its Prime Video streaming service, following similar moves by competitors Netflix and Walt Disney. The company is also said to be in discussions with Warner Bros Discovery and Paramount Global about adding ad-based tiers of their streaming services through Prime Video Channels. The streaming industry has been facing a slowdown in new sign-ups as subscribers struggling with high inflation and interest rates dial back entertainment spending and other discretionary expenses.

Excitement Builds for 2023 Vermont City Marathon.

Originally Published 2 years ago — by WPTZ

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Source: WPTZ

NBC5 is providing live coverage of the Vermont City Marathon in downtown Burlington, including interviews with race organizers and top competitors. The hand cyclist division experienced a delay due to a course issue, but eventually began the race. Division winners include Jordan Carrell and Devann Murphy. The marathon features safety changes and local businesses anticipate an economic boost. Viewers can stream the marathon on the Very Local app.

Bud Light faces backlash and controversy over sales and marketing tactics.

Originally Published 2 years ago — by New York Post

Featured image for Bud Light faces backlash and controversy over sales and marketing tactics.
Source: New York Post

A Bud Light seller is offering $20 rebates on purchases of a $19.98 case of beer, as sales of the brand have declined following calls for a boycott in the wake of its controversial partnership with a transgender influencer. Sales of Bud Light were down 23.6% versus a year ago in the week ending May 6, while competitors like Pabst Blue Ribbon and Miller High Life have seen sales shoot up. Twitter users mocked Bud Light for offering $20 rebates on purchases of cases that cost $19.98.

Former ByteDance Executive Alleges CCP Access to US Data and Content Theft from Competitors.

Originally Published 2 years ago — by CNN

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Source: CNN

A former head of engineering for US operations at ByteDance, TikTok's parent company, has filed a lawsuit claiming the company engaged in a "worldwide scheme" to steal content from competitors such as Instagram and Snapchat. Yintao "Roger" Yu also alleged that ByteDance was a "propaganda" arm of China and had a "culture of lawlessness." ByteDance denied the allegations and said it plans to "vigorously oppose" the claims. The lawsuit comes as TikTok faces national security concerns and the Biden administration threatens a nationwide ban unless its Chinese owners sell their stakes in the company.

Couples' Verdict on Bed Bath & Beyond for Wedding Registries

Originally Published 2 years ago — by Yahoo Finance

Thousands of engaged couples have removed Bed Bath & Beyond items from their wedding registries on Zola Inc., an online wedding services platform, since January, representing a decline of more than 50% versus registries for nuptials that were held last year. The exodus of so many married couples-to-be underscores that the precipitous decline isn’t a temporary slump that will easily reverse course if the retailer is able to replenish its stocks of merchandise. Competitors like Amazon, Target, and Walmart have seized on the opportunity, while Babylist Inc. is planning to open its first physical store in June to compete against Buybuy Baby.