Facebook Revenue Rises Less Than Expected as User Growth Stagnates

Facebook’s revenue gained 33 percent in the third quarter, in spite of stagnation in the number of users in the US and Europe that indicates the toll taken by the social media giant’s recent... Read more »

Apple App Store Generated Nearly 94 Percent More Revenue than Google Play in Q3

Apple’s App Store generated nearly 94 percent more revenue than Google Play during the third quarter, according to the Store Intelligence data released by Sensor Tower. This is considered to be the largest gap since at... Read more »

Alibaba Posts 32 Percent Jump in Revenue

Chinese e-commerce giant Alibaba saw its revenue jump 32 percent year-on-year for the quarter ending in December, it said in a statement Thursday, despite slowing growth in the world’s second-largest economy. Alibaba,... Read more »