Earnings: Roblox, Lyft, Twilio, Toast; UMG/Google in talks for AI licensing deal
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Roblox Q2 earnings: revenue: $680.8M (+15% y/y), net loss: $282.8M, DAUs: 65.5M (+25% y/y); shares were down 20% after missing on top- and bottom-line - Link FT sources: UMG and Google are in talks to license artists’ voices and melodies and voices for AI-generated songs; Warner Music has also been in talks with Google for a similar product -
Earnings: Roblox, Lyft, Twilio, Toast; UMG/Google in talks for AI licensing deal
Earnings: Roblox, Lyft, Twilio, Toast…
Earnings: Roblox, Lyft, Twilio, Toast; UMG/Google in talks for AI licensing deal
Roblox Q2 earnings: revenue: $680.8M (+15% y/y), net loss: $282.8M, DAUs: 65.5M (+25% y/y); shares were down 20% after missing on top- and bottom-line - Link FT sources: UMG and Google are in talks to license artists’ voices and melodies and voices for AI-generated songs; Warner Music has also been in talks with Google for a similar product -