Apple lawsuit filed by UK developers
Tuesday, December 10, 2024 by Freeman Lightner
A leading competition law expert pursuing a class action lawsuit against Apple on behalf of UK app developers has been told his case can go ahead, with the UK’s Competition Appeal Tribunal (CAT) certifying his claim for £785m (just over one billion US dollars) on behalf of UK app developers. Today, the CAT made the collective proceedings order, confirming it...
Video game sales by Capcom to pass 50M in 2024
Monday, October 21, 2024 by Austin Harris
Capcom is one of the biggest video game developers/publishers in the world. The Japanese company has witnessed healthy growth in its sales numbers in recent years, and this trend is going to continue in 2024. According to the numbers presented by NoKyc.com, Capcom expects to sell about 50 million games in FY 2024.
Capcom targets 50 million vi...
PDF Editor Foxit now supported on PCs powered by Snapdragon
Saturday, October 12, 2024 by Richard Harris
Foxit announced that its Foxit PDF Editor and Editor Pro with AI Assistant are now natively supported on PCs powered by Snapdragon processors. This integration will provide commercial and consumer PC customers with greatly enhanced performance and capabilities - such as those customers working with PDF files on Dell Technologies' latest devices powere...
MediScan mobile app lets users create custom shoe inserts
Thursday, October 3, 2024 by Brittany Hainzinger
A Florida technology company has launched a new mobile phone application called MediScan, which allows users to create the same medical-grade custom shoe inserts a podiatrist would normally prescribe, without the need to physically see a doctor.
MediScan Custom Orthotics, which was founded by two Florida-based podiatrists and a longtime expert from the medical device...
iPhone 16 repairability advancements revealed by iFixit
Wednesday, September 25, 2024 by Austin Harris
In a recent teardown analysis, iFixit has explored the innovations introduced with Apple’s iPhone 16, revealing significant advancements in repairability that stand out amid mixed reviews from tech critics. The new iPhone lineup, while critiqued for its limited enhancements, marks a notable leap forward in making repairs easier and more accessible.
One of the s...
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...
UK android app developers file class action suit against Google
Thursday, September 12, 2024 by Freeman Lightner
A leading competition law expert, Professor Barry Rodger, has filed a legal claim worth up to E1.04 billion against Google before the UK Competition Appeal Tribunal (“CAT”). Google is accused of abusing its dominant position to the detriment of a large class of thousands of UK app developers who need to use its app marketplace, ‘Play Store’ or &l...
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...
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...
Custom Networks division created by Lumen
Wednesday, August 21, 2024 by Austin Harris
Lumen Technologies recently announced it has secured $5 billion in new business driven by major demand for connectivity fueled by AI. Large companies across industry sectors are seeking to secure fiber capacity quickly, as this resource becomes increasingly valuable and potentially limited, due to booming AI needs. In addition, Lumen is in active discussions with custom...
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,...
Microsoft surpasses revenue expectations for fourth quarter
Wednesday, August 14, 2024 by Brittany Hainzinger
Microsoft has reported outstanding financial results for the fourth quarter of its fiscal year 2024, surpassing market expectations with revenues of $64.73 billion, a 15% increase compared to the previous year. Net income reached $22 billion, representing $2.95 per share, slightly higher than earlier estimates. Despite this solid overall performance, the intelligent clo...
AWS App Studio lands from Amazon
Friday, August 2, 2024 by Richard Harris
At AWS Summit New York, Amazon Web Services, Inc. (AWS), announced the release of AWS App Studio, a generative artificial intelligence (AI)-powered service that uses natural language to create enterprise-grade applications. A user simply describes the application they want, what they want it to do, and the data sources they want to integrate with, and in just minut...
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...
Apple Vision Pro now available in other parts of the world
Thursday, July 25, 2024 by Freeman Lightner
The Apple Vision Pro is now available in Europe, Asia, and other parts of the world. Additionally, AI is being integrated into the Apple Vision Pro, featuring notification prioritization, new writing tools, an OpenAI chatbot, and Siri.
So what does this mean? Will Apple achieve success with the Vision Pro after an uncertain consumer start, even though the initial lau...
Data analytics trends shared by Oxylabs
Thursday, July 25, 2024 by Richard Harris
Rytis Ulys discusses future trends in data analytics and business intelligence, including digitization, the rise of big data, and the impact of generative AI models. These advancements are leading to data democratization, allowing non-specialists to engage with data analysis through tools like “text to SQL” products. Ulys also highlights the need f...
AI agents from Proofs streamline API processes
Monday, July 22, 2024 by Freeman Lightner
Proofs, which uses AI agents to dramatically accelerate the proof-of-concept phase in software sales, has raised $2.6 million in pre-seed financing. The round was led by Earlybird Digital East Fund with support from Expeditions Fund, Step Function Ventures, RTP Global, and a number of prominent angel investors. From today, customers can sign up to a private onboarding w...
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...
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...
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...
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...
Low code app development in 2024
Wednesday, March 13, 2024 by Richard Harris
Recently, low-code no-code app development tools have bridged a lot of gaps and enabled developers to overcome challenges that used to be complex or even unattainable. Some of the key areas these developer tools have made impacts in include automating code, natural language processing, image and video recognition capabilities, predictive analyti...
App developer trends for 2024 according to Kochava
Tuesday, December 12, 2023 by Richard Harris
Ethan Lewis is the CTO of Kochava, the real-time data solutions company for omnichannel attribution and measurement, and Vaunt, an open-source community engagement tool that helps organizations grow their developer communities. He discusses the rapid growth of the app industry and what’s next for application developers.
What’s next for software developers...
NFTs sales hit all time low for 2023
Thursday, November 9, 2023 by Richard Harris
Monthly sales for Ethereum (ETH) and Polygon (MATIC) NFTs on OpenSea have fallen consecutively in the past few months.
NuggetRush (NUGX) prepares to launch a highly anticipated play-to-earn mining game that will allow swapping of NFTs for real gold.
Despite recent market bullishness, NFT sales have declined further in the past few weeks. Ethereum and Polygon ...
Improve software quality and release speed with Katalon
Thursday, October 26, 2023 by Richard Harris
Katalon, the quality management platform, and Deloitte Canada announced a new initiative to foster improvement in software quality and expedite software release velocity. Globally recognized for its leadership in quality engineering, Deloitte will work with Katalon to roll out strategic co-innovation initiatives to help mutual clients optimize their testing practices, l...
Kubernetes optimizations land from PerfectScale
Wednesday, October 25, 2023 by Richard Harris
PerfectScale announced that they have successfully closed $7.1 million in seed funding, led by Blumberg Capital with participation from Upwest, Prelude Ventures, K2 Access Fund, Inner Loop Capital, Triangle Tweener Fund, and Firestreak Ventures. The latest investment brings the company’s total funding to nearly $10 million, since its founding in March, 2022.
Wi...
Ecommerce for SMBs transforms after StoreConnect lands 9M
Wednesday, August 30, 2023 by Richard Harris
The e-commerce industry has long been divided into two camps: intricate setups demanding external assistance and substantial financial investments, or deceptively simplistic "plug-and-play" options, like a well-known platform that lure businesses with their initial ease but ultimately morph into unreliable "plug-and-pray" solutions. Mikel Lindsaar, t...
Red Hat OpenStack and DevSecOps updates
Thursday, June 15, 2023 by Richard Harris
DSO National Laboratories (DSO), Singapore’s national defense research and development (R&D) organization, and open source leader Red Hat, has announced a collaboration to develop new DevSecOps capabilities. The joint work between Red Hat and DSO shows the value of collaboration to facilitate knowledge exchange in Singapore’s defense R&D efforts.
...
Apples profit continues to grow
Tuesday, May 23, 2023 by Richard Harris
According to Tradingplatforms.com, Apple has seen a remarkable profit of about $100 billion, 73% up from 2020 figures. The site’s financial analyst, Edith Reads, comments, "This is a testament to its innovation and technological advancements throughout this period. To attain these numbers, Apple has employed various strategies such as optimizing its product r...
Financial and operational planning have a love hate relationship
Thursday, May 11, 2023 by Stephen Dombroski
For many business organizations, internal departments working independently of one another is the norm. This norm creates siloed day-to-day functions and rigid disconnects in processes. This is especially true when it comes to sales and operations planning (S&OP). Low-maturity organizations allow budgets to dictate operational planning, and medium-maturity organizat...
NFT marketplace and gallery to launch from Trend Innovations
Wednesday, April 26, 2023 by Brittany Hainzinger
Trend Innovations Holding Inc. has recently announced that they will combine two recent acquisitions to upgrade and launch a more robust version of the company's newly acquired InstantFAME platform. InstantFAME is a mobile and web application, which operates in the multi-billion-dollar digital artwork marketplace for artists to securely publish and sell their d...
ByteDance offering pay to Meta VR developers
Monday, April 24, 2023 by Brittany Hainzinger
TikTok parent ByteDance is offering to pay developers who have made virtual-reality software for Meta to bring their apps to its own fast-growing Pico headsets.
This is just one clear sign of the increased competition between the two companies in the VR space, one that Mark Zuckerberg claims will become the next major computing platform. ByteDance has offered so...
AR glasses market on the rise
Wednesday, April 19, 2023 by Brittany Hainzinger
AR glasses are a type of wearable technology that connects people to computers. Many functions of smart glasses enable users to examine data pertinent to their environment. Technology for AR glasses has advanced tremendously in recent years. Several sectors, including manufacturing, shipping, field service, inspection, and operation, are already expanding with smart gla...
Samsung led the smartphone market in 2022
Thursday, April 13, 2023 by Brittany Hainzinger
According to StockApps.com, Samsung shipped 261 million units worldwide in 2022. This figure was well above the 226.4 million units shipped by Apple, the second-largest smartphone manufacturer.
"The South Korean technology giant was able to maintain its market leadership despite the pandemic-induced economic downturn, which affected all smartphone manufacturers....
SaaS backup platform SaaSBACKUPSM lands from Asigra
Friday, March 17, 2023 by Brittany Hainzinger
Asigra Inc has announced SaaSBACKUPSM, a powerful new SaaS-based backup platform designed to provide comprehensive backup and recovery capabilities to SaaS applications that include Salesforce, Microsoft 365, Google Workspace, and far beyond. Through innovative API connectivity, SaaSBACKUP is able to support a large macrocosm of SaaS applications with enterprise-class d...
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