Zynga's new games and platform had better expand its audience, because monthly active users have basically been flat for the last year and a half, according to the company's IPO filings.
Zynga's revenue has grown despite the flat lining user growth. The company is doing a good job of wringing sales out of its users.
Facebook ’s first quarter 2016 financial report is in, and the numbers are fantastic across the board. In the quarter ending on March 31, Facebook saw its year-on-year total revenue increase 52-percent, hitting $5.3 billion in comparison to the same quarter last year ($3.5 billion). “We had a great start to the year,” Zuckerberg said in a statement.
And after reaching the billion count for most of its users metrics, Facebook is getting even closer to breaking that figure for monthly daily users, which clocked in at 989 million (a 24 percent bump from last year). Indeed, mobile continues to be Facebook's biggest area of growth -- it also saw a 21 percent jump in people using the service monthly, reaching 1.51 billion.
wouldn't have been so bad if I hadn't left my job to start a company in May 2008."Some things havebeen really consistent over time.Years ago we thought of the company's mission very similar to how we think of it today. We thought of Pinterest as trying to build the world's catalog of ideas, and we do that because we want to help people discover ideas for themselves, for their everyday lives.
Alliance to transform BBM's cross-platform offerings through new content-rich features and innovative BBM services WATERLOO, ONTARIO and JAKARTA, INDONESIA--(Marketwired - June 27, 2016) - BlackBerry Limited (NASDAQ:BBRY)(TSX:BB), a global leader in secure mobile communications, announced a strategic alliance with PT Elang Mahkota Teknologi Tbk.
The new round was led by Thrive Capital with participation by GGV,The company has raised $540 million in total so far. Its last round of funding came exactly a year ago, when it raised $160 million at a $2.8 billion valuation.Slack, launched a little over two years ago,is a popular communication and chat program for businesses.
Live-streaming video is a strong complement to the live nature of #TWTR and we're building on this with the NFL deal to stream 10 TNF games. — TwitterIR (@TwitterIR) April 26, 2016The actual financials are a mixed bad. It made less revenue ($594.5 million) this quarter than expected. In fact, it made more last quarter (Q4 2015) pulling in $710 million.
For a long time, the majority of Pinterest's users were in its home market: the United States. On Thursday, Pinterest announced that finally — around six years after the visual discovery and pinning platform first launched — it has tipped the balance. Now, just over half of its 100 million+ monthly active users are international. But it's taken a while to monetize that userbase.
"The rate actually matters less to our sellers than we first imagined. It’s the suite of services and cohesion that matter a whole lot more," Dorsey said during Square's earnings call Wednesday.From tech companies like PayPal to big banks like Bank of America,everyone seems to be gunning for a piece of Square'sbusiness.
Shares of file-sharing company Box rose as much as 12% after the company blew the door off earnings expectations for the last quarter of itsfiscal 2016, which ended Jan. 31. Here's where the results came in: Annual revenue came in at $302.7 million, up 40% from last year. Despite the large losses, investors were cheered by the young company's revenue growth and narrowing sales and marketing spend.
This story was delivered to BI Intelligence MobileIndustry Insider subscribers. To learn more and subscribe, please click here . Japanese chat app Line is set to launch an artificial intelligence concierge service, similar to Facebook Messenger’s M, according to Financial Times. The new service will use AI processes to augment chat bots so they can better respond to user requests.
Facebook is flying high Thursday morning after posting stronger than expected earnings. As of the market open shares of the social media giant are up just over 10% at $119.79. The high-flying move comes the day after the company crushed profit, revenue, and user growth expectations.
Dollars are increasingly flowing from traditional ads to digital, as strong growth in mobile, video, and social spending continue to change the face of the US media market.Over the next five years, marketers will especially embrace mobile.
Things are looking up for music streaming in terms of revenue, but good numbers are littlesolace for the recordingindustry that isn't seeing the returns it wants ondigital music. And the Recording Industry Association of America is still hoping for a change to the DMCA, which remains a major irritant.
BI Intelligencea detailed report on native advertising breaks out native ads into three categories: social native, native-style display, and sponsored content (also referred to as premium native). It provides forecasts for how revenues from these formats will grow over the next five years and looks at what factors, in particular, are driving up spending on each of these ad units.
during Twitter's earnings call last month "I have set up a structure that is working very well for me, so that I can spend meaningful time at both companies, and I have enough flexibility in the schedule," Dorsey said during Twitter's earnings call last monthas much as 13% in after-hours trading But investors don't seem too happy about it.