Disappointing revenue statistics of 30,000 mobile apps explain why developers continue to insist on subscriptions

Mobile app developers are expected to push subscriptions more aggressively next year. Figures from RevenueCat, which analyzed more than 30,000 apps, show that most of them struggle…

Google’s cloud business turns a profit for the first time in 3 years, and YouTube ad revenue falls for the third quarter in a row – Alphabet report

Alphabet says Google’s cloud division generated $191 million in operating income on total revenue of $7.45 billion in the first quarter of 2023. Last quarter, the division…

Google’s advertising revenue fell by 4% last quarter – for the second time in the company’s history

Tech giants continue to make money while showing a significant slowdown in revenue growth. According to Alphabet’s 2022 financial report, the company earned $76 billion in the…

Facebook has reached 2 billion active users – the social network continues to grow, despite the reductions, which will continue in 2023

Another 16 million people joined Facebook last quarter, bringing the total number of daily active users to 2 billion, Meta said during its latest financial report. We…

Tesla earned $14.1 billion in 2022 – this is a new absolute record for the company

Tesla is closing in on a profit for the third year in a row, but declining prices and demand signal serious trouble ahead. We help According to…

Atari stops production of the VCS console — after a 92% drop in revenue (from $2.4 million last year to $200,000 in 2022)

Atari’s long-awaited comeback may have hit a major roadblock: the company announced a halt to hardware contracts in its latest financial report on Dec. 16. The console…