Welcome back to the SaaS bear market
Investors have sold off cloud stocks to the point where they are in bear-market territory when compared to 2023 peaks. © 2023 TechCrunch. All rights reserved. For personal use only.
Read moreGlobal Retail Spend via Conversational Commerce to Reach $48b by 2028
A new study from Juniper Research, the foremost experts in telecommunications markets, has forecast global retail spend via conversational commerce channels will increase to $43 billion by 2028, from $11.4 billion in 2023. This forecast growth will be driven by the emergence of new personalised services, made possible by incorporating
Read moreChatGPT app revenue shows no signs of slowing, but some other AI apps top it
ChatGPT, the AI-powered chatbot from OpenAI, far outpaces all other AI chatbot apps on mobile devices in terms of downloads and is a market leader by revenue, as well. However, it’s surprisingly not the top AI app by revenue — several photo AI apps and even other AI chatbots are
Read moreWith deadline looming, Broadcom tries to push $61B VMware deal over finish line
Broadcom announced its intention to buy VMware for $61 billion in May 2022. After clearing a number of regulatory hurdles including the U.S., UK and European Union, it announced In August that the deal would close today, but this morning the company indicated that there was one more obstacle with
Read moreGM reaches tentative deal with UAW, ending widespread six-week autoworkers strike
The United Autoworkers reached a tentative agreement Monday with General Motors, wrapping up a six-week strike that affected the Big three U.S. automakers and sent nearly 50,000 workers to the picket lines. The deal, which has yet to be officially announced, came two days after the UAW expanded its strike
Read moreMTN Nigeria’s H1 2023 Performance Soars: Subscriber Base and Earnings Surge
In a statement released on Friday evening on the Nigeria Stock Exchange (NSE), MTN Nigeria unveiled its Half-Year 2023 (H1 23) results, showcasing impressive growth in key performance indicators. The telecom giant also issued a related JSE SENS (Stock Exchange News Service) announcement earlier today, reiterating their strong financial performance.
Read moreJapan’s MagicPod takes its no-code testing platform global
Tokyo-based MagicPod is a no-code test automation platform for web and mobile apps that, until now, almost exclusively focused on the Japanese market. There, it counts Line, Japan’s most popular messaging app, among its over 500 customers. Today, the company is launching version 1.0, and with that, it is making
Read moreWhy startups should start preparing now for a potential founder breakup
Founders are inherently optimists, but they should plan for worst-case scenarios so they aren't blindsided if something does happen. © 2023 TechCrunch. All rights reserved. For personal use only.
Read moreAffordable Locally Assembled Smartphones Now Available in Kenya
Kenya| The launch of East Africa Device Assembly Kenya Limited in Athi River provides Kenyans with affordable locally assembled smartphones. This device assembly factory is a joint venture between local Mobile Network Operators and international device manufacturers. The devices will be available nationwide at Faiba shops, dealer stores, Safaricom shops,
Read moreEdge and beyond: How to meet the increasing demand for memory
The opportunities for edge computing are huge—but so are the memory requirements.
Read more