The digital advertising slowdown is becoming a theme: Google parent Alphabet on Tuesday reported a 13% revenue increase to $69.7 billion in the second quarter, its slowest quarterly growth since the start of the pandemic. The result, which matched second-quarter growth by Snap, a much smaller rival, ended Alphabet’s six-quarter run of blockbuster, 20%-plus growth. Alphabet’s free cash flow fell...
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AI Startups Are Trying to Make Usage-Based Pricing Happen
Tech waves have often brought along with them corresponding changes in business and pricing models. For instance, when companies moved from using servers in their own data centers to ones hosted by public cloud providers, they also switched from buying packaged software a la carte to subscribing to cloud-based software, leading to the much-loved SaaS model we see today.Now, VCs are telling me...
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