Category: Tech

What are the Largest Music Streaming Services in Indonesia with Market Share Numbers

According to Statista, the largest music streaming services in Indonesia with market share numbers as of 2023 are:

  1. Joox (50.73%)
  2. Spotify (32.22%)
  3. Apple Music (17.05%)

Joox is a music streaming service developed by Tencent Music Entertainment. It was launched in 2015 and is the most popular music streaming service in Indonesia, with over 50 million active users.

The growth of the music streaming market in Indonesia is being driven by a number of factors, including:

  • The increasing penetration of smartphones and the internet in Indonesia.
  • The growing popularity of music streaming services among Indonesian consumers.
  • The increasing availability of affordable and high-quality music streaming plans.

What is RouteNote Convert – How to Convert Audio and Image Files for Free

RouteNote Convert is a free online audio and image converter tool that allows users to convert their files between a variety of different formats. It is a popular tool for musicians, podcasters, and other creative professionals, as it allows them to easily convert their files to the required format for uploading to streaming services, social media, or other platforms.

RouteNote Convert supports a wide range of audio and image formats, including:

  • Audio: MP3, FLAC, WAV, AIFF, AAC
  • Image: JPG, PNG, GIF, WEBP, TIFF, EPS, HEIC, PDF, PSD

RouteNote Convert is easy to use and does not require any registration or installation. To use RouteNote Convert, simply upload your file and select the desired output format. The converted file will be available for download within seconds.

RouteNote Convert is a valuable tool for anyone who needs to convert their audio or image files. It is free, easy to use, and supports a wide range of formats.

Here are some of the benefits of using RouteNote Convert:

  • It is free and easy to use.
  • It supports a wide range of audio and image formats.
  • It does not require any registration or installation.
  • It is fast and reliable.
  • It is safe and secure.

What are Zoho’s Most Popular Products

Zoho’s most popular products are:

  • Zoho CRM: A customer relationship management (CRM) software that helps businesses manage their sales pipeline, track customer interactions, and close deals faster.
  • Zoho Books: An online accounting software that helps businesses manage their finances, including invoices, expenses, and payroll.
  • Zoho Desk: A customer support software that helps businesses manage their customer support tickets, live chat, and social media support.
  • Zoho Inventory: An inventory management software that helps businesses track their inventory levels, orders, and shipments.
  • Zoho Projects: A project management software that helps businesses manage their projects, tasks, and resources.
  • Zoho Sites: A website builder that helps businesses create and publish websites without any coding knowledge.

These products are popular among businesses of all sizes, from small businesses to large enterprises. They are known for their affordability, ease of use, and wide range of features.

In addition to these products, Zoho also offers a wide range of other business software applications, such as Zoho Mail, Zoho Calendar, Zoho Writer, and Zoho Sheets. Zoho also offers a number of industry-specific solutions, such as Zoho Healthcare, Zoho Education, and Zoho Retail.

How Many Users are Currently Using Zoho Products

Zoho has over 100 million users globally.

Zoho is a cloud-based business software suite that offers a wide range of applications, including customer relationship management (CRM), human resources (HR), accounting, finance, project management, and collaboration tools.

Zoho is popular with businesses of all sizes, from small businesses to large enterprises. It is also used by educational institutions, government agencies, and non-profit organizations.

Zoho is known for its affordability, ease of use, and wide range of features. The company also offers a free trial for all of its products.

Zoho is headquartered in Chennai, India, and has offices in over 10 countries.

New KakaoBank Investment in Indonesia’s Superbank – Takes 10% Stake

South Korea’s KakaoBank has acquired a 10% stake in Indonesia’s Superbank, a digital bank backed by Grab and Singapore Telecommunications. This investment marks KakaoBank’s first overseas expansion and is expected to strengthen the bank’s position in the Southeast Asian market.

KakaoBank is known for its innovative digital banking products and services, and it is expected to bring its expertise to Superbank to help it grow its business and reach more customers in Indonesia. The investment is also seen as a sign of KakaoBank’s confidence in the Indonesian market, which is one of the largest and fastest-growing digital economies in the world.

Did LiveChat Rebrand as Text.com?

Yes, that’s correct. LiveChat, a popular live chat and customer service platform, has rebranded to Text.com. The company announced the rebrand on August 4, 2023, citing a desire to better reflect its expanded focus on messaging and customer engagement.

Text.com will continue to offer LiveChat’s core features, such as live chat, chatbots, and customer messaging. However, the company will also focus on developing new features and integrations that support messaging across a wider range of platforms, including WhatsApp, Facebook Messenger, and Instagram.

The rebrand comes at a time when messaging is becoming increasingly important for businesses of all sizes. According to a recent study by Statista, over 80% of businesses now use messaging to communicate with customers.

Text.com is well-positioned to capitalize on this trend, given its expertise in messaging and customer service. The company has a large and growing customer base, including over 20,000 businesses in over 150 countries.

The rebrand is also a sign of Text.com’s ambition to become a leader in the broader customer engagement market. The company is investing heavily in new features and integrations, and it is also expanding its sales and marketing team.

It remains to be seen how the rebrand will impact Text.com’s business in the long term. However, the company has a strong foundation to build on, and it is well-positioned to capitalize on the growing trend of messaging-based customer engagement.

What is Google’s Gross Profit Per Employee

Alphabet, Google’s parent company, reported gross profit of \$280.126 billion in the fiscal year 2022. As of March 31, 2023, Google had 163,959 employees, which means that the company’s gross profit per employee in 2022 was \$1,708,512.

Google’s gross profit margin is calculated by dividing the company’s gross profit by its revenue. In 2022, Google’s gross profit margin was 62.44%.

Google’s gross profit is generated from its advertising business, which includes search ads, display ads, and video ads. The company also generates revenue from its cloud computing business, its hardware business, and its other businesses.

Google’s gross profit per employee is one of the highest in the tech industry. This is due to the company’s strong competitive position in the online advertising market and its ability to generate high-margin revenue from its cloud computing business.

Unity Technologies – How Many Shares Does Larry Page Own

Larry Page owns approximately 23.8 million shares of Unity Technologies, according to the company’s June 29, 2023, 13F filing with the Securities and Exchange Commission (SEC). His stake in the company is valued at over $2.3 billion, based on Unity’s closing stock price on August 4, 2023.

Page became a shareholder in Unity Technologies in 2019, when he led a $120 million investment round in the company. He is also a member of Unity’s board of directors.

Unity Technologies is a software company that develops a platform for creating and operating real-time 3D content. The company’s platform is used to create video games, movies, television shows, and other interactive experiences.

Unity Technologies is a publicly traded company, and its shares are listed on the Nasdaq stock exchange under the ticker symbol “U.”

How to Add AI Plugins to Figma

Here are the steps on how to add AI plugins to Figma:

  1. Open Figma and go to the Plugins tab.
  2. Click the Marketplace button.
  3. In the search bar, type “ai” or any other keyword related to the AI plugin you want to install.
  4. Click on the plugin you want to install.
  5. Click the Install button.
  6. Once the plugin is installed, it will appear in the Plugins tab.

Did Zendesk Sell and Eventually Go Private?

Yes, Zendesk went private on November 22, 2022. The company was acquired by a consortium of private equity firms led by Hellman & Friedman and Permira in an all-cash transaction that valued the company at approximately $10.2 billion. As part of the deal, Zendesk shareholders received $77.50 per share in cash.

The acquisition was the culmination of months of pressure from activist investor Jana Partners, which had been pushing for Zendesk to go private. Jana had argued that the company was undervalued as a public company and that it would be better off operating as a private company.

The acquisition of Zendesk is a sign of the growing trend of private equity firms acquiring technology companies. In recent years, private equity firms have acquired a number of high-profile technology companies, including GitHub, SurveyMonkey, and Slack.

How Many Shares Does the CEO have of MongoDB (Dev Ittycheria)

The CEO of MongoDB, Dev Ittycheria, owns 218,085 shares of MongoDB stock. As of July 27, 2023, these shares are worth approximately $89 million. This represents about 0.22% of the company’s outstanding shares.

Ittycheria has been the CEO of MongoDB since 2014. He is also a director of Datadog Inc. and athenahealth Inc. His total yearly compensation is $13.23 million, comprised of 3% salary and 97% bonuses, including company stock and options.

Ittycheria’s ownership of MongoDB stock has increased significantly in recent years. In 2014, he owned just 16,000 shares of the company. However, he has since exercised stock options and purchased additional shares on the open market.

Ittycheria’s ownership of MongoDB stock gives him a significant financial stake in the company’s success. It also gives him a strong voice in the company’s strategic direction.

How Many Shares does Michael Cannon-Brookes own of Atlassian (TEAM)

Michael Cannon-Brookes owns approximately 109.44 million Class B shares and 381,836 Class A shares of Atlassian. This represents approximately 43.08% of Atlassian’s outstanding Class B and Class A ordinary shares, taken together, and approximately 87.91% of the voting power.

In other words, Cannon-Brookes owns about 22% of Atlassian’s total shares, but he has control over about 88% of the company’s voting power. This is because Class B shares have ten times the voting power of Class A shares.

Cannon-Brookes is the co-founder and co-CEO of Atlassian, and he is one of the richest people in Australia. His net worth is estimated to be around $13 billion.

(as at May 2022)

How Many Shares of Atlassian does their CEO Own

As of February 3, 2023, Atlassian’s CEO, Scott Farquhar, owns 54,717,824 Class B shares. This represents 15.5% of the company.

Farquhar is the co-founder and CEO of Atlassian, a software company that develops products for software development teams. He has been with the company since its inception in 2002. Farquhar is a visionary leader who has helped to transform the software development industry with Atlassian’s cloud-based software solutions. He is also a strong advocate for corporate social responsibility and employee success.

Spotify Reports Strong Second Quarter Results for 2023 – Financials

Spotify, the world’s leading music streaming service, today announced strong financial results for the second quarter of 2023. The company’s revenue grew 11% year-over-year to €3.2 billion, and its monthly active users (MAUs) grew 27% to 551 million. Spotify’s premium subscribers grew 17% to 220 million, and its advertising revenue grew 30% to €243 million.

Spotify’s CEO, Daniel Ek, said that the company is “very pleased” with its second quarter results. He attributed the company’s growth to its “strong global expansion,” its “continued focus on innovation,” and its “growing partnerships with the music industry.”

Ek also said that Spotify is “well-positioned for continued growth in the years to come.” He pointed to the company’s “large and growing user base,” its “strong financial position,” and its “continued investment in innovation” as reasons for his optimism.

Spotify’s results come at a time when the music streaming industry is booming. In 2022, the global music streaming market was worth an estimated $25.6 billion. This is up from just $7.3 billion in 2015. The growth of the music streaming industry is being driven by a number of factors, including the increasing popularity of smartphones and tablets, the growing availability of high-speed internet, and the rising cost of traditional music formats, such as CDs and vinyl.

Spotify is one of the leading players in the music streaming industry. The company has a significant market share in both developed and emerging markets. Spotify is also one of the most innovative companies in the industry. The company has been at the forefront of developing new features, such as personalized playlists and podcasts.

Spotify’s strong financial results and its leading position in the music streaming industry suggest that the company is well-positioned for continued growth in the years to come.

Here are some additional details from the article:

  • Spotify’s adjusted gross margin was 25.5% in the second quarter, which was in line with guidance.
  • Spotify’s adjusted operating loss was €112 million in the second quarter, which was better than guidance.
  • Spotify’s free cash flow was €143 million in the second quarter, which was its highest ever quarterly free cash flow.

Spotify’s management team is optimistic about the company’s future. They said that they expect Spotify to continue to grow its user base and revenue in the years to come. They also said that they are committed to investing in innovation and partnerships with the music industry.thumb_upthumb_downtuneshareGoogle it

Google AI Has Been Testing News Article Generation with NY Times, Washington Post, News Corp and Others

Google is reportedly testing an artificial intelligence (AI) tool that can generate news articles.

The tool, codenamed “Genesis,” is still in development, but it has already been demonstrated to a small group of journalists from The New York Times, The Washington Post, and News Corp.

Genesis can generate articles on a variety of topics, including current events, business, and entertainment. It does this by first gathering information from a variety of sources, such as newswires, social media, and public data. It then uses this information to create a “story skeleton,” which is a basic outline of the article. Finally, Genesis uses its AI capabilities to fill in the details of the story, such as the headline, lead paragraph, and body text.

The journalists who have seen Genesis in action have been impressed with its ability to generate accurate and informative articles. However, they have also raised concerns about the potential for bias and misinformation.

Add Foreign Credit Cards and Use Them in WeChat Pay in China

WeChat Pay, the popular mobile payment app in China, has announced that it will now accept foreign credit cards for payment in China. This is a major development for WeChat Pay, as it will make it easier for foreign tourists and businesses to use the app in China.

To use WeChat Pay with a foreign credit card, users will need to add their card to their WeChat Pay account. They can do this by going to the “Wallet” tab in WeChat and clicking on the “Add Credit Card” button. Once they have added their card, they will be able to use it to make payments at any merchant that accepts WeChat Pay.

WeChat Pay’s decision to accept foreign credit cards is a sign of the company’s growing global ambitions. The app is already popular in China, but it is also looking to expand its reach to other countries. Accepting foreign credit cards will make it easier for WeChat Pay to attract users outside of China.

NuBank vs Barclays – is NuBank Overvalued?

NuBank (Nu Holdings) is pushing the banking industry in Brazil, Mexico and Colombia.

I have been wanting to invest in NuBank for some time, but I have thought for the past year or so – that their market cap has become so large that they are simply just un-investable at these levels.

To prove this was the case I thought I would do a very simple side by side comparison with a legacy bank that is predominantly in key markets.

MetricNu HoldingsBarclays
Assets Under Management$10.2B$2.3T
Number of Customers30M48M
Revenues$1.2B$25.4B
EBITDA$-78M$9.3B
Countries350
Market Cap$35 billion$28 billion

I know NuBank is in 3 emerging markets – with at least 200 million people in those countries that are currently unbanked. However, even if NuBank was able to have 100 million customers – expand their product lines and then start to really focus on other markets – do you think they can really grow to the AUM or sheer network size of Barclays?

Or is this a perfect short sell position?

Deezer Relaunches Their Automotive App – Listen to Your Music on the Go!

Deezer, the global music streaming platform, today announced the launch of its new automotive app. The app is available in cars with Google built-in and cars with the automotive app store Faurecia Aptoide.

The Deezer automotive app offers a number of features designed to make it easy for drivers and passengers to enjoy their music while on the go. These features include:

  • A personalized Flow of recommendations based on the user’s listening history and preferences.
  • The ability to create and save custom playlists.
  • Voice control so that drivers can keep their eyes on the road and hands on the wheel.
  • The ability to stream music in high quality.

The Deezer automotive app is available now in select markets. To learn more, please visit the Deezer website.

Here’s a more detailed explanation of some of the features of the Deezer automotive app:

  • Personalized Flow: The Personalized Flow is a never-ending mix of music that is tailored to the user’s listening history and preferences. The Flow is updated regularly with new music, so users are always discovering new songs and artists.
  • Custom playlists: Users can create and save custom playlists of their favorite music. This makes it easy to listen to specific genres, moods, or artists.
  • Voice control: The Deezer automotive app can be controlled by voice. This means that drivers can keep their eyes on the road and hands on the wheel while still enjoying their music.
  • High quality streaming: The Deezer automotive app streams music in high quality. This means that users can enjoy their music in the best possible sound quality.

The Deezer automotive app is a great way for drivers and passengers to enjoy their music on the go. The app offers a number of features that make it easy to find and listen to the music you love.