Media’s new revenue play: Sell software to other media companies

Publishers are increasingly beginning to act more like digital product companies that sell services to clients rather than advertising to brands. In early August, The Information reported that Axios plans to sell the newsletter technology that powers the core of its product. Back in June, The Alpha Group, an incubator that develops digital products inside Advance Local, … Read more

Video Streaming Softwares Market Research 2018:Top Global Players Competition with Production,Consumption, Revenue and Gross Margin 2023

A global Video Streaming Softwares market survey provides key information about the industry, including very helpful and important facts and figures, expert opinions, and the latest developments across the globe. The Video Streaming Softwares industry inquires about report with the detailing of the supply, creation, and market status completely. Generation pieces of the overall industry and deals … Read more

Twitter Sees a Fall in Monthly Active Users to 335 Million, Revenue Beats Estimates

Twitter posted record profit on Friday with second quarter revenue that beat financial analysts’ estimates and said penalising misbehaving users this year had paid off even though monthly usage had dropped. Twitter, like bigger rival Facebook, has been under pressure from regulators in several countries to weed out hate speech, abusive content and misinformation, better protect user … Read more

LG Posts Biggest Ever Revenue in 2017 Thanks to TV Sales, Mobile Division Posts Loss

LG Electronics, South Korea’s tech behemoth, posted its biggest-ever revenue in history in 2017 due mainly to strong TV sales, the company said on Thursday. Revenue reached record high of KRW 61.4 trillion ($57.9 billion or roughly Rs. 3.68 lakh crores) in 2017, topping KRW 60 trillion for the first time in the company’s 60-year history, Xinhua … Read more

Why IT Hardware Firms Are Shifting to Software-Based Revenue Models

IBM had to do it. Oracle is in the process of doing it. Lots of other companies should have done it but couldn’t. We’re talking about vendors making the risky and often costly jump from a hardware-based IT business to one centered mostly on software sales, services, licensing and subscriptions. Most hardware companies are coming … Read more

Apple India Revenue Doubles Year-Over-Year, Tim Cook Says Still ‘A Long Way to Go’

Apple reported strong quarterly results ahead of the iPhone X launch on Friday, with iPhone sales at 46.7 million unit, up from 45.5 million in the year-ago quarter. The company posted quarterly revenue of $52.6 billion (roughly Rs. 3,39,595 crores), an increase of 12 percent year-over-year (YoY), with international sales accounting for 62 percent of the revenue. India … Read more

Super Mario Run Revenue ‘Did Not Meet Our Expectations’: Nintendo

Super Mario Run is available on Android which should give it a healthy boost in users, but it has, unsurprisingly, not been the commercial hit Nintendo expected on iOS due to its steep $10 price point. Revenue from the game “did not meet our expectations,” Nintendo President Tatsumi Kimishima said speaking to Asia Nikkei. Previously … Read more

Huawei forecasts slower revenue growth this year, greater uncertainties for 2017

For 2015, Chinese smartphone manufacturer Huawei had reported a revenue growth of 35%. However, for the ongoing year, the company expects the rate to be somewhere around 32%. This was revealed by Eric Xu, Huawei’s chief executive, in a New Year’s message to company employees. “The year 2016 has seen a flock of black swans … Read more

Lennar revenue rises 14.6 percent

Getty Images A sign advertising available homes is posted at a housing development in Dublin, California. Lennar, the second-largest U.S. homebuilder, reported quarterly profit that topped analysts’ estimates as it sold more homes at higher prices. An improving job market and attractive mortgage rates continue to fuel demand for housing in the United States, helping … Read more

Twitter will now share video revenue with individual content creators

Twitter to allow content creators to monetize video  Tuesday, 30 Aug 2016 | 11:12 AM ET | 01:23 Twitter is trying something new to boost its stagnating user base: Luring content creators to post on Twitter by giving them an easy way to earn money from their videos. Creators who publish videos on Twitter will get … Read more