Most subscription mobile apps don’t make money, new report shows

Investors know that most startups fail, but something that may be less understood is how few mobile apps actually make money. According to a new analysis of the subscription app economy from mobile subscription toolkit provider RevenueCat, the top 5% of apps generate 200 times the revenue of the bo

Bluesky scoops up the developer of popular third-party app, Graysky

Decentralized Twitter/X rival Bluesky is adding to its ranks by scooping up a member of its developer community. London-based software engineer Samuel Newman, who built the well-received third-party Bluesky client Graysky, is joining the startup, where he will now help develop Bluesky’s offic

Bluesky is funding developer projects to give its Twitter/X alternative a boost

Would-be Twitter/X rival Bluesky is looking to more directly invest in its developer community in order to foster growth. The company last week announced “AT Protocol Grants,” a new program that will dole out small grants to developers building on its new social networking protocol. Ini

Twitter’s former head of Trust & Safety, Yoel Roth, joins Tinder owner Match Group

Twitter’s former head of trust and safety Yoel Roth announced today that he is joining Match Group, the parent company of several popular dating apps, including Tinder and Hinge. Yoel, who shared the move on LinkedIn, is now the company’s vice president of Trust and Safety. “As th

Telegram founder says the company will become profitable next year

Telegram founder Pavel Durov said that the company expects to hit profitability next year with eyes on going public in the future. The chat app, which crossed 900 million users, is making “hundreds of millions of dollars” through ads and subscriptions, Durov told the Financial Times in

Feeeed is a reader app that goes beyond tracking RSS feeds

In the last 12 months, reader apps have adopted AI to change how users consume news. Instagram co-founders’ now discontinued Artifact introduced AI-powered summaries and headlines. Newer apps like Bulletin and former Twitter engineers’ Particle are taking similar approaches. However, de

A third of Bumble’s Texas workforce moved after state passed restrictive ‘Heartbeat Act’ abortion bill

Bumble has lost a third of its Texas workforce in the months since the state passed the controversial abortion SB 8 (Senate Bill 8), also known as the Texas Heartbeat Act, over a year ago. This new data point was shared by Bumble’s Interim General Counsel, Elizabeth Monteleone, speaking on a

Hey, it's me, Brian's less creepy Apple Vision Pro Persona

Hey. Sorry to call you out of the blue. No, no, nothing serious. I'm fine. I wanted to apologize for freaking you out last time. I wasn't myself. But I've changed. Honestly, I don't even know who I was back then. It was all very new. I've been working on myself, and I think the

Fortnite is coming back to iOS in Europe (for real this time)

After terminating Epic Games’ developer account on Wednesday, Apple said it will reinstate the Fortnite maker’s access to publish iOS apps in Europe. This means that Epic can move forward with its plans for an Epic Games Store, and it can bring Fortnite back to iOS in Europe. Last month

Despite distancing itself from politics, the topic is dominating Threads’ trends

Meta’s newest app Threads, a would-be Twitter/X rival, may not want politics on its platform, but it’s coming to the app anyway — or so Threads’ search trends indicate. The app began testing its Twitter-like trends feature last month with a small group of U.S. users, but it&

Reddit launches free tools to help businesses grow their presence on the site ahead of IPO

Reddit announced today that it’s launching a suite of tools, called Reddit Pro, to help businesses grow an organic presence on the platform. The launch comes as Reddit is readying its initial public offering (IPO). With this new suite of free tools, Reddit is likely seeking to add more brands

X now allows Premium+ users and organizations to publish articles

X announced a new long-form post format called Articles today. The feature, which is only available to Premium+ subscribers and verified organizations, lets users publish posts with text formatting, other X posts and embedded videos and images — akin to a post on a WordPress-like content manageme

Apple is rolling out VisionOS 1.1 with improved personas

Apple released VisionOS 1.1 on Thursday with the most notable feature being improved personas of users. Specifically, the new update improves hair and makeup appearance, neck and mouth representation, and rendering of the eyes for EyeSight, which lets others see your eyes when you’re wearing

Free Fire India relaunch in limbo six months on

Sea’s Garena has yet to launch its popular mobile title Free Fire in India, more than six months after announcing plans to do so, a prolonged delay that has raised concerns among entrepreneurs and investors who are closely watching Sea’s expansion strategy in the lucrative South Asian m