A News Digest on Worldwide Company Revenue, Startup and Investment #7

Facebook reports Q4: $28.1B revenue, up 33% YoY, 1.84B DAUs, up 11% YoY, 2.6B people used a Facebook service daily, up 15% YoY; headcount up 30% YoY to 58,604 — Facebook, Inc. (Nasdaq: FB) today reported financial results for the quarter and full-year ended December 31, 2020.

Source: https://investor.fb.com/investor-news/press-release-details/2021/Facebook-Reports-Fourth-Quarter-and-Full-Year-2020-Results/default.aspx

Facebook says it has authorized an additional $25B share buyback, ARPU was $10.14 and reiterates that Apple’s iOS 14 privacy changes could impact ad targeting.

Source: https://www.cnbc.com/2021/01/27/facebook-fb-earnings-q4-2020.html

Website-hosting service Squarespace says it filed confidentially for an IPO in the US; the company was valued at $1.7B in December 2017 when General Atlantic invested $200 million, adding to a $40 million stake taken in 2014. Earlier investors included Index Ventures and Accel, which led to a $38.5 million investment in 2010.

Source: https://www.bloomberg.com/news/articles/2021-01-27/squarespace-says-it-s-filed-confidentially-to-go-public-in-u-s

SAP to acquire Signavio, a Berlin-based business process automation company, reportedly for $1.2B — Rumors have been flying this week that SAP was going to buy Berlin business process automation startup Signavio, and sure enough, the company made it official today.

Source: https://techcrunch.com/2021/01/27/sap-is-buying-berlin-business-process-automation-startup-signavio/

Apple reports Q1 revenue of $111.4B, up 21% YoY, with international sales making up 64% of Q1 revenue; iPhone, Wearables, and Services set new revenue records — Revenue up 21 percent and EPS up 35 percent to new all-time records.

Source: https://www.apple.com/newsroom/2021/01/apple-reports-first-quarter-results/