Google today is introducing a new way for Android developers to generate revenue from their mobile applications. And no, it’s not subscription-related. Instead, the company is launching a new monetization option for apps called “Rewarded Products.” This will allow non-paying app users to contribute to an app’s revenue stream by sacrificing their time, but not […]
View More Google gives Android developers new tools to make money from users who won’t payCategory: revenue
Salesforce keeps revenue pedal to the metal with another mammoth quarter
Salesforce just keeps on growing revenue. In another remarkable quarter, the company announced 3.01 billion in revenue for Q1 2019 with no signs of slowing down. That puts the CRM giant on a run rate of over $12 billion with the company’s most optimistic projections suggesting it could go even higher. It’s also the first time […]
View More Salesforce keeps revenue pedal to the metal with another mammoth quarterSnap is tanking after disappointing earnings
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It might be a beautiful day in Venice, CA, but things at the beach-headquartered Snap are not so sunny at the moment.
Snap reported disappointing revenue in its Q1 earnings report on Tuesday — and the market reacted like the volatile, fickle beast that it is.
SEE ALSO: Snapchat blew its first-ever earnings
Snap missed investor expectations big time, reporting a quarterly revenue of $231 million. The expectation was $244.5 million, according to a Thomson Reuters consensus estimate.
And things aren’t likely to improve any time soon. CEO Evan Spiegel said that Snap’s growth is stalling.
“We are planning for our Q2 growth rate to decelerate substantially from Q1 levels,” Spiegel said. Read more…
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View More Snap is tanking after disappointing earningsNetflix CEO predicts $15 billion in revenue this year
Streaming giant Netflix is expecting to get even bigger this year. Netflix, which has 117 million subscribers worldwide and brought in $11 billion in revenue last year, expects to hit $15 billion in revenue this year, USA Today reports. That’s based on a prediction Netflix CEO Reed Hastings made at an event this week. Earlier this week, Netflix announced a number of updates to make… Read More
Crunch Report | GoPro Cuts 200-300 Jobs
App revenue reached $60 billion in 2017, Travis Kalanick is selling 29 percent of his Uber shares and GoPro cuts 200-300 jobs. All this on Crunch Report. Read More
View More Crunch Report | GoPro Cuts 200-300 Jobs