According to Morgan Stanley, Apple App Store revenue dropped by 5% in September. This is the steepest drop in App Store's revue since 2015 when the bank started modeling data. More: - App Store's gaming revenue was down by 14% in September. Morgan Stanley analysts said consumers are cutting their expenses due to economic uncertainty.
- The U.S., Canada, and Japan markets saw a significant decline.
- Analysts estimate that Google Play's revenue will fall by 9% in September.
- Apple's total service revenue is expected to grow 8% in the September quarter.
- The Morgan Stanley report is based on Sensor Tower's data, which tracks app downloads and sales.
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Firebase's App Distribution, a service that simplifies distributing pre-release versions, has graduated to general availability. The announcement came ahead of Firebase Summit on Oct. 18. More: - App Distribution enables beta testers to:
- control access to a group, and removing a tester from a group removes access to all the releases distributed in that group;
- ensure testers are testing the correct version of the app through release links;
- automate testing workflow with CI/CD using the Firebase CLI or fast lane.
- App Distribution provides various tools for bulk tester management, such as Firebase App Distribution API, using the Testers & Groups tab, or importing through a CSV file.
- The Android and iOS SDKs allow testers to display in-app alerts to inform the availability of new builds.
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 A message from COMPOSER How did this hedge fund return 66% per year? If you invested $10,000 in Renaissance Technologies’ Medallion in 1988, you’d cash out in 2018 with a cool $200,000,000. Their secret sauce? "Quantitative Investing." Instead of hiring slick-talking Wall Street suits, Medallion is run by an army of computer scientists, mathematicians, and neural engineers that specialize in quantitative investing that eliminates human biases (fear, greed, FOMO). Unless you are a PHD-wielding, Python-coding, Excel-Wizard…that type of quant-trading has been out of reach. Until now… Composer gives you the financial firepower to easily drag, drop, edit and swap quant-investing strategies from scratch - no engineering degree required. They even have a library of expertly vetted strategies to choose from like: Buy the Dips Nasdaq, The Buffett and The Dalio. Stop trading on impulse. Start Investing Today
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The University of Illinois at Urbana-Champaign (UIUC) announced the Speech Research Project, a new research initiative. UIUC is partnering with Google, Apple, Amazon, Meta, and Microsoft for this initiative. More: - UIUC launched the initiative to improve voice recognition technology for people with diverse speech patterns and disabilities.
- The project's team includes linguistics, speech, AI, security, and privacy experts.
- Speech samples from individuals representing a diversity of speech patterns will be collected to build a more inclusive speech recognition by leveraging AI and ML.
- Non-profit and community-based organizations such as Davis Phinney Foundation and Team Gleason have pledged to support the project.
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Blockchain game developer Horizon raised a $40M Series A round. The funding round was co-led by Brevan Howard Digital and Morgan Creek Digital. More: - Horizon's all-in-one platform, Sequence, empowers developers to build Web3 games and applications quickly.
- Horizon said Sequence Wallet is used by over 675,000 users in the new DAZN Boxing NFT marketplace on Polygon.
- The Toronto-based startup plans to use the proceeds to scale its products, gown its ecosystem, and hire new team members.
- The funding round saw participation from Take-Two Interactive Software Inc., Polygon, Ubisoft, Xsolla, and a few other investors.
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 A message from SECURITY COMPASS Current approaches to software threat modeling simply don’t work. They are: - Manual
- Inconsistent
- Take too long
- Don’t scale
- Don’t give developers what they need
When software security and compliance are considered more as an afterthought, rather than a vital step in the development process, organizations end up trying to remediate security and compliance issues after software has been written, rather than preventing issues in the first place. Here you can find a series of posts breaking down how you can anticipate threats earlier in the software development life cycle to create more secure and compliant software. Empower DevSecOps teams to make software secure and compliant by design through automating threat modeling, generating application security requirements, and providing secure development and compliance best practices. The SD Elements platform is the best solution for organizations who need to scalably model software threats, identify countermeasures, and deliver secure, compliant code quickly. Download whitepaper bundle
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Medusa kicked off its 2022 Hackathon inviting developers to build a Medusa project. Submissions for the competition should be made by Oct. 23. More: - Developers have close to three weeks to build a Medusa project, which could be an e-commerce store, plugin, admin panel, library, etc.
- Solution submissions made should be related to Medusa and open-source.
- The best overall project and the most technically impressive project will win a $1,500 and $300 GitHub sponsorship, respectively.
- The winners will be announced on Medusa's Discord and Twitter accounts on Oct. 24.
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Quick Hits: - The 3 Things to Never Build In Your App: Authentication, Notifications, and Payments.*
- Deno released version 1.26 with improved support for npm modules, Node.js compatibility improvements, and other improvements.
- Linus Torvalds announced the release of Linux 6.0. Torvalds said this is one of the biggest releases in regard to the number of commits.
- ClickHouse Cloud, currently in public beta, enables ClickHouse users to start building instantly without having to size and scale their clusters.
- The European Parliament voted to force device manufacturers to adopt USB-C as the universal charging port. Manufacturers, including Apple, have until the end of 2024 to comply.
*This is sponsored content.
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Upcoming Events: - October 11 - AMA with Mike Malone (Smallstep)* (Register Here)
- October 13 - AMA with Ram Bartov (Chief Accounting Officer at TripActions)* (Register Here)
- October 19 - AMA with Zecca Lehn (Responsibly VC) (Register Here)
- October 25 - Meet Our Fund 4, an Inside.com Summit (Register Here)
- November 02 - AMA with Bill Glenn (Executive Chairman at Crenshaw Associates) (Register Here)
- December 07 - Live AMA with Deividi Silva ( Head of Developer Relations at Gun.io) (Register Here)
*This is a sponsored event listing.
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 |  | Sudarshan lives in Toronto, Canada, and is an engineering graduate. He is passionate about business, tech, entrepreneurship, and politics. FUN FACT: Sudarshan worked for the election campaign teams of two heads of state in India. When he is not busy with work, he enjoys hiking, playing cricket, and cooking. | | | | Editor | Aaron Crutchfield is based in the high desert of California. Over the last two decades, he has spent time writing and editing at various local newspapers and defense contractors in California. When he's not working, he can often be found looking at the latest memes with his kids or working on his 1962 and 1972 Fords. | |
According to JPMorgan quantitative hedge funds are buying $2bn-$4bn in equities a day. Join them today! | |
Security Compass is on a mission to accelerate software time-to-market while managing risk. | |
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