In the first 20 days of November 2012 $120 million was generated by app downloads and in-app purchases, but $60 million of that total went to 25 companies.
More than 1.4 million apps combined are offered through Apple and Google’s app stores, but there are only 25 U.S. developers that generate half of the revenue from app sales, says a new study by the research firm Canalys.
Continue reading… “Half of the iOS and Android app revenue goes to just 25 developers”
Digital music revenues grew 23.6% year-on-year.
For the first time the amount of money made from digital music services has outstripped the sale of traditional CDs and records, according to first quarter revenue figures from music industry trade body BPI.
Continue reading… “Digital music spending accounts for 55.5% of total music sales”
Vallejo, CA became the largest city in America to declare bankruptcy in 2008.
The working-class port city of Vallejo, California became the largest city in America to declare bankruptcy in 2008. Crime and prostitution surged as the police force was thinned by 40 percent. Firehouses were shuttered, and funding for libraries and senior centers was slashed. Foreclosures multiplied and home prices plummeted.
Continue reading… “Recently bankrupt Vallejo, California is now a model for other U.S. cities”
One billion dollars neatly stacked.
With all the chatter about Billion dollar valuations — like Instagram, Evernote, Splunk — combined with recent S1 filings and IPOs, the topic of tech company valuation is coming to the forefront of people’s minds. Specifically related to the software industry, the growing number of SaaS IPO candidates of late is signaling an important shift in the way that enterprise software is built and sold. It also indicates that the subscription business model is here to stay. What does this shift towards a subscription economy means for startups, investors and the IPO landscape?
First of all – get Instagram out of your mind. The price it sold for is not relevant to us mere mortals who are building B2B software businesses. For all good, non-bubble reasons, SaaS companies need tens of millions in revenue, high growth, and solid business fundamentals. What you may notice though, is that revenue may be lower than what we’ve become accustomed to during the last few years of IPO drought…
Continue reading… “How much revenue does it take to be a $1B public company?”
Featured invention at the DaVinci Inventor Showcase 2011
Logo Hooks® is a new patent-pending concept that creates a branding opportunity while providing an important service. The innovative hook design with space for advertisement creates simple but powerful synergy. Patrons/guests are frustrated by having to place their purses and other possessions in a location that is not secure or sanitary. Logo Hooks® will quickly become a necessity for theatre and event patrons everywhere while creating groundbreaking revenue opportunities for the venue owner.
Continue reading… “Logo Hooks – revenue generating multi-purpose hook”
Delta will be the first airline to expand its Wi-Fi service to regional jets.
More airlines are beginning to offer Wi-Fi service and travelers are increasingly expected to take advantage of in-flight Wi-Fi connectivity in the coming years. A new report from In-Stat News found that in-flight Wi-Fi revenue is expected to grow from about $225 million in 2011 to over $1.5 billion in 2015.
Continue reading… “In-flight Wi-Fi predicted to grow 600% by 2015”
Fisher Island, Florida is home to a dense collection of yachts and millionaires.
Where do this country’s most prosperous citizens hang out? How much money do they have? President Obama wants them to pay a bit more in taxes. But how much are they coughing up now?
Continue reading… “Where America’s millionaires live”
Facebook, the world’s No.1 Internet social network.
Facebook has displaced Yahoo Inc to collect the largest slice of online display advertising dollars with Facebook’s advertising revenue in the U.S. totalling $2.2 billion in 2011.
Continue reading… “Facebook takes number one spot in U.S. online display ad market”
IBM overtakes Microsoft
IBM overtakes Microsoft to become the second most valuable technology company in the U.S., ending a 15-year reign for the software giant.
Continue reading… “IBM Now Worth a $1 Billion More Than Microsoft”
Postal Service reports more that $2 billion in losses.
The U.S. Postal Service is continuing to lose money, reporting a loss Tuesday of more than $2 billion over the first three months of the year and warning it could be forced to default on federal payments.
Continue reading… “Billions in Losses Reported By the Postal Service”
States have laws stipulating that the government becomes the owner of abandoned property after a period of time.
Billions of dollars in unclaimed life insurance benefits are at the center of a legal wrestling match as cash-strapped state governments step up their efforts to make sure insurance companies properly account for the funds.
By delving into the futuring techniques of Futurist Thomas Frey, you’ll embark on an enlightening journey.
Learn More about this exciting program.
