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...
Mobile POS payment transactions in China to surpass US and Europe
Thursday, July 25, 2024 by Brittany Hainzinger
Although mobile POS payments have become widely adopted among tech-savvy consumers worldwide, no country is even close to China, the world's largest mobile payments market. In 2024, almost 570 million Chinese will use mobile wallets for POS payments, twice the combined number of Americans and Europeans. This will generate an impressive $1.72 tril...
App Marketing report released by AppsFlyer
Wednesday, July 24, 2024 by Richard Harris
AppsFlyer has released the 2024 edition of its State of eCommerce App Marketing report. Tracking shifts in consumer habits and marketing budgets, the study offers valuable insights into how the industry is evolving and which trends brands should harness to drive key metrics in the upcoming peak shopping season, from app downloads to purchases.
The State of ...
EU says Apple breached DMA regulations
Wednesday, July 10, 2024 by Richard Harris
The AP is among outlets reporting that Apple becomes first target of EU’s new digital competition rules aimed at big tech, reporting: “European Union regulators leveled their first charges under the bloc’s new digital competition rulebook, accusing Apple of preventing app makers from pointing users to cheaper options outside its App Store. The European...
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...
In-game audio ads are coming to MENA
Monday, June 10, 2024 by Christian Hargrave
Odeeo has announced a game changing partnership with Evolution Media Group, MENA’s most prominent in-game advertising business with a reach of 2.5bn users, that will bring in-game audio ads to the region.
The new partnership will help MENA-based brands and publishers make waves with regionally relevant in-game audio ads. 50% of app downloads in MENA are attribu...
Developers are using AI
Friday, June 7, 2024 by Richard Harris
SlashData’s Developer Nation survey is a research program on mobile, desktop, industrial IoT, consumer electronics, embedded, third-party app ecosystems, cloud, web, game, AR/VR, and machine learning developers, as well as data scientists, tracking developers’ experiences across platforms, technologies, programming languages, app and API categories, revenue ...
Token Trek user engagement platform launched by The Radix Ecosystem
Thursday, June 6, 2024 by Brittany Hainzinger
The Radix Ecosystem has launched a quest-focused user onboarding initiative called Token Trek, aimed at increasing community engagement and on-chain transactions. Built by Dmany, a social infrastructure startup empowering web3 enthusiasts to earn crypto rewards, Token Trek provides users with opportunities to explore the Radix ecosystem whilst being rewarded for doing s...
Top startups of the decade revealed
Wednesday, May 22, 2024 by Richard Harris
New data has revealed the top 10 most successful startups of the decade. The Startup Success Index, by software development experts at Vention, analyzed a list of 1,220 startups, from CB Insights, against its valuation, the public perception of the company through search volume, its growth score, and the number of employees. Results for each category were converted...
Global smartphone shipments make huge leap in 2024
Monday, May 13, 2024 by Brittany Hainzinger
According to Stocklytics.com, the global smartphone shipment jumped 20 million units YoY to reach 289.4 million units in Q1 2024. The remarkable growth is due to strong performances in EMEA, the Caribbean, and Latin America.
Global smartphone shipments jump by 20M units YOY in Q1 2024
"This remarkable uptick in smartphone shipments not only undersco...
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 ...
TRON HTX DAO Hong Kong Meetup 2024
Monday, April 15, 2024 by Richard Harris
On April 9, the TRON x HTX DAO: Hong Kong Meetup 2024 event, hosted by TRON and co-organized by HTX DAO, took place in Hong Kong with great success. This bustling event brought together the brightest minds of the HTX DAO ecosystem: project leaders, committee members, and influential KOLs. Their energy was palpable as they delivered speeches delving into the future of HT...
Gaming app insights report from AppLovin and Adjust
Monday, April 1, 2024 by Freeman Lightner
Adjust released The Gaming App Insights Report, a first-of-its-kind resource for studios, developers, and mobile marketers, pairing global mobile gaming app data with expert insights from AppLovin and its in-house creative agency SparkLabs. Notable growth in gaming app installs and in-app revenue in 2023 continued into 2024 reveals a resurgence across many subverticals ...
NFT momentum continues downward per AltIndex
Wednesday, March 27, 2024 by Richard Harris
Ever since reaching a peak in September 2021, global NFT sales have been consistently falling as collectors spend less and less money on digital artwork. Although revenues of NFT marketplaces are still expected to see double-digit growth, rising by 41% year-over-year to $2.37 billion in 2024, the market is losing its momentum, and this trend is set to continue in the fo...
Publisher Portal for in game audio ad monetization from Odeeo
Tuesday, March 26, 2024 by Richard Harris
Odeeo has launched its new Publisher Portal which gives games publishers access to industry first comprehensive features, such as analytics and reporting tools previously only available for traditional display and video ads, including impressions, revenue and engagement rates.
Previously across the in-game audio ad industry, publishers had limited control over ad pla...
Neopets saw rapid growth for 2023
Tuesday, March 19, 2024 by Richard Harris
The almost 25-year-old legendary virtual pet game Neopets is delighted to present a strong 2023 business performance, following its transition into an independent entity known as World of Neopia, Inc. in July 2023. Since that transition, Neopets has experienced a remarkable turnaround, boasting an unprecedented 100% increase in monthly active users (MAU) and a new ...
ONCD asks software manufacturers to adopt memory safe languages
Tuesday, March 5, 2024 by Richard Harris
The White House Office of the National Cyber Director (ONCD) has released a new report asking software manufacturers to adopt memory-safe programming languages to help reduce vulnerabilities from entering the supply chain.
"For thirty-five years, memory safety vulnerabilities have plagued the digital ecosystem, but it doesn’t have to be this way. This repo...
IoT market insights for 2024 from Statisa
Tuesday, March 5, 2024 by Richard Harris
As one of the technologies driving Industry 4.0, along with artificial intelligence, Big Data, robotics, and automation, the Internet of Things (IoT) has entered almost every market over the past years, providing seamless communication between people, processes, and devices. Although the global semiconductor shortage has slowed the market growth compared to pre-pandemic...
Cloud gaming market research report
Sunday, February 25, 2024 by Richard Harris
According to Market.us, The cloud gaming market is poised for exponential growth, with its value estimated at USD 5.0 billion in 2023. This sector is expected to undergo a remarkable transformation, reaching a projected revenue of USD 143.4 billion by 2032. Such a surge represents a Compound Annual Growth Rate (CAGR) of 46.9% between 2023 and 2032, indicating the increa...
Gecko edge computing from Akamai takes to cloud computing
Tuesday, February 20, 2024 by Freeman Lightner
Akamai Technologies, the cloud company has unveiled plans to embed cloud computing capabilities into its massive edge network. Akamai’s Generalized Edge Compute (Gecko) advances Akamai’s strategy to be the cloud computing platform for companies that want to deliver better experiences by running workloads closer to users, devices, and sources of data.
Akam...
Verizon API portal brings 5G network to developers
Monday, February 19, 2024 by Richard Harris
Verizon network Application Programming Interfaces (APIs), which enable the developer community to access network services and capabilities, will be accessible to developers globally through various API aggregators, hyperscalers, and through Verizon’s own API portal. The incorporation of Verizon network services available through APIs into applications allow enter...
Cloud radio access networks industry growth projections
Thursday, February 1, 2024 by Brittany Hainzinger
The global cloud radio access network market is projected to grow at a staggering 22.9% value CAGR, reaching US$ 43.2 Billion, following an assessment period ranging from 2022-2032. As per a newly published report on this industry by Fact.MR, a valuation of US$ 5.5 Billion has been anticipated during FY 2022. Furthermore, the market is expected to yield a dollar opportu...
AI game development platform modl appoints new leadership
Wednesday, January 31, 2024 by Freeman Lightner
modl.ai announced today the appointment of James Gwertzman as the new Chairman of its Board of Directors. As Chairman of the Board, Gwertzman will play a critical role in advising modl.ai through its next phase of growth and development in the AI and games industry.
"I'm thrilled to join modl.ai’s world-class team of developers and researchers. Game de...
AI 3D model search engine features coming to Toggle3D
Tuesday, January 30, 2024 by Brittany Hainzinger
Toggle3D.ai, the all-in-one 3D modeling solution harnessing the power of generative AI to convert CAD files, apply 4K texturing, and seamlessly publish 4K 3D models, is excited to report a 75% jump in usage in Q4. The Toggle3D platform currently has 27,192 users, and 26,504 or 97% of the users are active and have logged in within the last 30 days. The Company is fo...
GenAI corporate landscape transformations
Tuesday, January 30, 2024 by Freeman Lightner
The latest studies from Boston Consulting Group (BCG) and MIT Technology Review shed light on a pivotal moment in the corporate world, characterized by the swift rise of Generative AI (GenAI) and its profound impact on business operations, filmmaking, and beyond.
GenAI: Transforming the corporate landscape
According to BCG’s comprehensive survey of over 1,40...
TRON highlights from 2023
Thursday, January 25, 2024 by Brittany Hainzinger
TRON achieved a series of developments and collaborations that have enhanced its position in the Web3 space. The following are highlights from the year 2023.
TRON highlights from 2023: Network growth and stablecoin dominance
The TRON network has seen proper growth, with a 54% increase in accounts, now exceeding 204 million. The total transaction volume reached ove...
Enthusiast Gaming Holdings Inc is searching for a CEO
Tuesday, January 16, 2024 by Brittany Hainzinger
Enthusiast Gaming Holdings Inc. announced that Nick Brien has provided notice of his resignation as Chief Executive Officer and Director of the Company, which resignation became effective upon acceptance of the Board of Directors on January 8, 2024.
The Company has appointed the current Chairman of the Board, Adrian Montgomery, as interim CEO. Mr. Montgomery previous...
Symbolic AI programming platform Allegro CL releases v11 update
Monday, January 15, 2024 by Richard Harris
Franz Inc. announced the release of Allegro CL v11, which includes key performance enhancements now available within the most effective system for developing and deploying applications to solve complex problems in the field of Artificial Intelligence.
"The rapid adoption of Generative AI (LLMs) is fueling heightened demand for guided, fact-based applications whi...
Code Institute celebrates achievements from 2023
Friday, January 12, 2024 by Brittany Hainzinger
Code Institute, a provider of software development education, is thrilled to announce a series of significant successes over the past year, reinforcing its pivotal role in the tech education sector.
Code Institute, the only university credit-rated coding bootcamp in the UK and Europe, has continued rapid European growth.
Demonstrating its dedication to making...
AppDirect Capital Program receives 100M in funding
Thursday, January 11, 2024 by Freeman Lightner
AppDirect announced it has secured 100M US in funding from global investment group CDPQ. This new investment will support innovative financing options for technology advisors through the AppDirect Capital Invest program, allowing them to access flexible capital to transform and scale their business. Building upon the initial USD 80 million financing ...
Best investment cryptos revealed by Van Winkle
Tuesday, January 2, 2024 by Richard Harris
A crypto analyst who goes by Ripple Van Winkle on YouTube noted that the Ripple (XRP) crypto will see an influx of institutional money, and this, coupled with its deflationary properties could exponentially increase its price.
Everlodge (ELDG) is also making significant waves among Web3 circles with its presale, as it solves key issues found in the $280 trillion real...
WaveMaker Autocode aims to end development team grunt work
Wednesday, December 27, 2023 by Richard Harris
WaveMaker has been named Major Contender by the global research firm Everest, in its Low-code Application Development Platforms PEAK Matrix Assessment 2023. This validates the strategic investment by WaveMaker in upgrading its technology platform to meet the needs of customers who want to leverage the latest web and mobile technologies along with AI to rapidly mode...
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