emizeko [they/them] to

technology • 1 year ago

Roku discloses it has $487 million in deposits at failed Silicon Valley Bank. That’s 26% of its cash.

96

Roku discloses it has $487 million in deposits at failed Silicon Valley Bank. That’s 26% of its cash.

emizeko [they/them] to

technology • 1 year ago

Streaming company Roku said in an SEC filing that it held nearly a half-billion dollars at failed bank SVB, highlighting the worries across tech.

Chat

hexaflexagonbear [he/him]
·
1 year ago
I imagine license fees from both streaming services which run on Roku and from TVs which have the Roku OS built in are their biggest money makers.

link

technology

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !technology@hexbear.net

On the road to fully automated luxury gay space communism.

Spreading Linux propaganda since 2020

Rules:

1. Obviously abide by the sitewide code of conduct. Bigotry will be met with an immediate ban
2. This community is about technology. Offtopic is permitted as long as it is kept in the comment sections
3. Although this is not /c/libre, FOSS related posting is tolerated, and even welcome in the case of effort posts
4. We believe technology should be liberating. As such, avoid promoting proprietary and/or bourgeois technology
5. Explanatory posts to correct the potential mistakes a comrade made in a post of their own are allowed, as long as they remain respectful
6. No crypto (Bitcoin, NFT, etc.) speculation, unless it is purely informative and not too cringe
7. Absolutely no tech bro shit. If you have a good opinion of Silicon Valley billionaires please manifest yourself so we can ban you.

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

132 users / day
692 users / week
1.47K users / month
3.28K users / 6 months
22.4K local subscribers
23K subscribers
4.85K Posts
58.6K Comments
Modlog