In app purchases surged on Black Friday 2024
Wednesday, December 11, 2024 by Richard Harris
AppsFlyer has unveiled its Black Friday 2024 key insights, highlighting exceptional growth in consumer activity across shopping and e-commerce apps in the United States. The data reveals that Black Friday 2024 in-app purchases surged by 14% year-over-year (YoY) compared to Black Friday 2023. Purchases on Black Friday outpaced the average Friday in November 2024 by an im...
Increasing cyber threats from artificial intelligence
Wednesday, October 9, 2024 by Freeman Lightner
The UK Cybersecurity M&A market has grown significantly over the past decade, with the deal volume trend line increasing, and the sector continuing to attract significant investment from Private Equity, alongside larger corporates consolidating emerging technologies to counter increasingly sophisticated threats.
The UK National Cyber Security Centre has...
2024 NFT Report reveals if NFTs are dead
Friday, September 27, 2024 by Austin Harris
In a recent report published by NFT Evening, the authors delve into the current state of Non-Fungible Tokens (NFTs) and pose a thought-provoking question: Are NFTs dead in 2024? This exploration reflects the complexities of the evolving digital asset landscape and raises critical considerations for creators, investors, and enthusiasts alike.
2024 NFT Report by NFT Ev...
Mobile app ad revenue continues to soar
Tuesday, September 24, 2024 by Austin Harris
Income from advertisements continues to fuel the mobile app industry. According to the numbers presented by NoKyc.com, ads are expected to contribute almost 66% of the entire revenue for mobile apps in 2024. Furthermore, the share of revenue from ads is expected to grow even more in the coming years.
Apps expected to make $344.11 billion from mobile app ads in 2...
Mobile App Development Market report findings
Friday, September 20, 2024 by Russ Scritchfield
Allied Market Research recently published a report, titled, "Mobile App Development Market by Platform (IOS, Android and Windows), by Store Type (Google Store, Apple Store and Others), and Application (BFSI, Gaming, Retail, Airline, Media & Entertainment, Education, Transport, Hotels & Restaurants and Others): Global Opportunity Analysis and Industry Foreca...
Apple iPhone sales declining
Monday, September 16, 2024 by Austin Harris
After taking first place in the smartphone market in the last quarter of 2023, Apple's iPhone sales have declined, leading to a significant revenue drop in the first half of the year.
According to data presented by Stocklytics.com, Apple's iPhone sales revenue dropped by $2.7 billion year-over-year, totaling $85.2 billion in H1 2024.
Following a strong per...
Mobile games are main income for developers
Monday, September 16, 2024 by Richard Harris
Mobile games continue to be the primary source of income for mobile app developers. According to the numbers presented by NoKyc.com, mobile games are expected to account for 52.2% of all downloads in both major app stores in 2024.
Mobile users are expected to download 150.4 billion games in 2024
Mobile phone users are more likely to download games than a...
Enterprise data market revolutionized by Cribl
Monday, September 16, 2024 by Brittany Hainzinger
Cribl, the Data Engine for IT and Security, announced it has closed a $319 million oversubscribed Series E round, comprised of a combined primary and secondary transaction, bringing the company’s total capital secured to over $600 million and increasing its valuation to $3.5 billion, up 40% since the company’s Series D round in 2022.
Cribl closes $319M Se...
Free trials have high customer conversion rate
Thursday, September 12, 2024 by Richard Harris
New data shows 30-day free trials had the highest customer acquisition (32%) and conversion rate (56%) and are shown to be 28 times more effective than free products. However, despite its effectiveness, nearly 3 in 4 ecommerce sellers didn't use the approach in 2023.
Free trials have high customer conversion rate
These findings come from the ‘Optima...
Telegram app grows in popularity
Wednesday, September 11, 2024 by Austin Harris
Ever since it launched in August 2013, Telegram has been an exceptionally popular social media platform and messaging app, thanks to its utility and focus on privacy.
Telegram's strong growth continued well into 2024. Finbold’s research found that, between April 10 and July 22, the platform added more than 485,000 monthly active users (MoU) every day.
Th...
Implement AI without data risks
Tuesday, September 3, 2024 by Richard Harris
The Gen AI bubble might not be growing as quickly as it was in 2023, but as adoption continues apace, organizations across the globe are still being caught out by outdated security protocols.
Tips to implement AI without data risks
To combat the risks associated with AI and to help more organizations take advantage of it, Andrew Smith, CISO for Kyocera Document So...
Stolen funds recovered by Binance
Thursday, August 29, 2024 by Russ Scritchfield
Binance, the leading blockchain ecosystem behind the world's largest crypto exchange by trading volume, is proud to share that its security team has recovered or otherwise frozen over $73 million in user funds from external hacks as of July 31 this year. This surpasses the approximately $55 million secured throughout 2023.
Over $73M in stolen funds recovered by B...
US cloud titans bet big on AI
Monday, August 26, 2024 by Richard Harris
Sales for the North American tech sector grew 7.2% year over year and EBITDA grew 15.1%. Trailing 12 months sales grew 4.5%, indicating growth is accelerating. The robust EBITDA growth demonstrates significant operating leverage gained from the "year of efficiency" in 2023 when companies managed their costs very tightly.
There's somewhat of a bifurcatio...
Online learning software market is expanding rapidly
Wednesday, August 21, 2024 by Brittany Hainzinger
The Global Online Learning Software and Platform Market was valued at USD 6801 Million in 2023 and is anticipated to reach USD 19090 Million by 2030, witnessing a CAGR of 15.7% during the forecast period 2024-2030.
Factors driving the growth of the online learning software and platform market:
The market for online learning platforms and software is expanding...
NFT marketplace SuperRare sees 3rd year of decline
Tuesday, August 20, 2024 by Richard Harris
The global NFT market is facing another bumpy year, with the total number of active wallets and NFT sales value recorded on the Ethereum, Ronin, and Flow blockchains sinking to the lowest level since early 2021. Collectors are spending less and less money on digital artwork, and this negative trend is reflected by their monthly visits to one of the top NFT marketplaces,...
Top 10 apps used the most while driving
Monday, August 19, 2024 by Brittany Hainzinger
It’s easy to hop in the car, buckle up, start the engine, and hit the road. It’s just as easy to put your phone down and focus on driving.
But, according to a CMT survey of over 1,200 people, 73% of Americans don’t. In 2023, Americans spent 2 minutes and 6 seconds using their phones while driving.
The Scherer family knows the painful consequences...
DevOps threats report released from GitProtect io
Monday, August 12, 2024 by Brittany Hainzinger
Outages, human errors, cyberattacks, data breaches, ransomware, security vulnerabilities,
and, as a result, data loss are the reality that DevSecOps teams have to face...even every
few days.
The State of DevOps threats report - teams affected every few days
GitProtect.io recently presented its studies on the most severe incidents affecting tools like GitHub...
GSMA Open Gateway and CAMARA initiatives
Friday, August 9, 2024 by Richard Harris
Nokia is pursuing a strategic commitment to leverage the broader B2B digitalization ecosystem and drive new business models that unlock the potential that network APIs can deliver from the perspective of innovation, sustainability, collaboration, and productivity.
By making network programmability monetizable, the company’s flagship API solution, the Netwo...
Top crypto unicorns in 2024
Friday, August 2, 2024 by Austin Harris
The number of unicorns, or privately held startups with a valuation of $1 billion or more, has been growing over the past few years, reshaping our understanding of success, innovation, and entrepreneurship. With four recent newcomers in 2024, cryptocurrency companies are some of the youngest members of the exclusive club. Using data from the business analytics platform ...
Apple interviews app creators
Tuesday, July 30, 2024 by Freeman Lightner
Around the world, developers are building apps that break down barriers across gender, race, socioeconomic status, language, and physical ability.
In celebration of Entrepreneur Camp’s fifth anniversary, Apple spoke with alumni app creators whose apps are shaking things up in education, fitness, and mental health. All three women have participated in the immers...
Generative AI platform Cohere lands 500M in funding
Friday, July 26, 2024 by Richard Harris
Cohere, a generative AI startup co-founded by former Google researchers, has successfully raised $500 million in a new funding round. The investment was backed by notable players including Cisco, AMD, and Fujitsu. According to Bloomberg, this round also saw participation from Canadian pension investment manager PSP Investments and Canada’s export credit agency EDC...
WWDC24 highlights from Apple
Friday, July 26, 2024 by Austin Harris
Apple recently showcased a series of groundbreaking updates and innovations at the Worldwide Developers Conference 2024 (WWDC24), captivating the developer community with a week of insightful sessions. The event highlighted the latest advancements across various domains, including machine learning, Swift, SwiftUI, spatial computing, and more.
WWDC24 highlights from&n...
Crypto wallet downloads are on the brink of setting a new record
Thursday, July 18, 2024 by Richard Harris
After a two-year decline following the peak of the crypto market in 2021, crypto wallet downloads are on the brink of setting a new record. According to data presented by AltIndex.com, crypto wallets saw 91.4 million downloads in the five months of the year, which is only 8% less than in 2023.
Crypto wallet downloads skyrocketed and hit 91.4M in five months of 2024, ...
GameMaker free access sparks wave of new users
Thursday, July 18, 2024 by Brittany Hainzinger
More aspiring young game developers than ever are starting their game design journeys with GameMaker after access to the platform was made free for non-commercial users to create and share games late last year.
The latest GameMaker user survey has found that the percentage of new 13-17-year-old users has rocketed by two-thirds (63%) since access was made free. At the...
LEO satellite connectivity simplified by Skynopy
Wednesday, July 10, 2024 by Austin Harris
Skynopy recently announced that its fundraising of $3.1M closed in only 3 weeks, just months after its creation. This funding round was supported by a pool of investors, including the pan-European fund Heartcore Capital, Kima Ventures, Better Angle, and BPI France, alongside well-known entrepreneurs like Thibaud Elziere (e-founders, Hexa) and Yohann...
Rise in cyberattacks is alarming folks
Friday, June 28, 2024 by Freeman Lightner
A recent study has uncovered a startling rise in cyberattacks from 2022 to 2023. Throughout 2023, the United States experienced an alarming 3,205 data breaches, marking a dramatic 78% surge from the 1,801 incidents reported in 2022.
The study conducted by data collection experts SOAX utilized data from the Identity Theft Resource Center on the number of data vi...
Network as Code platform launched by Nokia
Wednesday, June 26, 2024 by Richard Harris
Nokia announced that it is expanding its collaboration with Google Cloud to give developers around the world the network software tools they need to create innovative new 5G enterprise and consumer applications faster for their customers.
Now, Nokia’s Network as Code platform with a developer portal will run on Google Cloud, enriching the developer experience v...
How AI and low-code no-code are helping developer teams
Tuesday, June 18, 2024 by Mav Turner
In today’s increasingly crowded consumer landscape, business leaders are under immense pressure to maintain their competitive edge and receive consumer attention. With more than 5.5 million new business applications filed in 2023, leaders must find new and innovative ways to make their company stand out among competitors, all while providing satisfactory service, ...
NFT activity continues to decline
Thursday, June 13, 2024 by Richard Harris
The last two years have been rough for the NFT market, and 2024 doesn't look much better. With falling sales and investors losing appetite for digital artwork, market projections became less optimistic, showing only a modest 2.6% annual growth by 2028, twenty times less than this year. Moreover, the entire market faces a substantial user drop, showing that global in...
Mobile gaming takes the lead in gaming industry
Wednesday, June 12, 2024 by Freeman Lightner
Easy accessibility to smartphones in the last decade has put mobile gaming at the forefront of the gaming industry. Not long ago, mobile games had a limited appeal to companies involved in gaming development. However, as things stand, mobile games have become the biggest money churner for developers/publishers.
According to the data available on Statista, m...
GPU market value to surpass 274 billion
Tuesday, June 11, 2024 by Brittany Hainzinger
The increasing utilization of graphic applications in PCs and mobile devices is substantially raising the market value of GPUs. According to Stocklytics.com, the GPU market value will surpass 274 billion by 2029, representing a 33.2 % CAGR from 2024. Currently, the GPU market is worth over $65 billion, up from $43 billion in 2023, underscoring the immense growth potenti...
TikTok and Instagram stock popularity revealed by new study
Wednesday, May 22, 2024 by Brittany Hainzinger
A new study conducted with the help of global fintech group Plus500 examined each company within the S&P 500 by analyzing the volume of content generated and the corresponding views on TikTok and Instagram. Subsequently, the stock prices were compared between January 3rd, 2023, and April 8th, 2024, to assess the performance of S&P 500 stocks favored by traders o...
Odeeo hires Spotify executive James Cowan
Tuesday, April 30, 2024 by Brittany Hainzinger
Odeeo announced the expansion of its US footprint with the addition of a key industry veteran to the team. Following Odeeo’s 566% net revenue growth and yearly Daily Active User (DAU) growth of 260% in 2023, James Cowan joins as US Commercial Lead as the company expands in the US market this year.
Cowan comes to Odeeo from Spotify, where he spent seven years an...
ATT user opt in insights from AppsFlyer
Tuesday, April 30, 2024 by Richard Harris
Since the rollout of Apple's App Tracking Transparency (ATT) in April 2021, the landscape of user privacy and advertising in apps has significantly evolved. As of Q1 2024, there's a noticeable increase in user opt-in rates, with 51% of gaming app users and 46% of non-gaming app users consenting to tracking, reflecting rises of 10% and 3% respectively. Alongside ...
AlgoKit blockchain toolset adds native Python support
Tuesday, April 9, 2024 by Freeman Lightner
The Algorand Foundation announces the launch of AlgoKit 2.0, the latest upgrade to the AlgoKit command line interface (CLI) - a simple, one-stop toolset for developers building on the Algorand protocol. AlgoKit 2.0’s native support for Python empowers developers to write Algorand apps in regular Python. The toolkit has also been internally re-a...
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