keeps

Apps, Enterprise

“Databricks Continues Its Impressive Growth with $1.6B in Annual Revenue”

That’s impressive revenue growth no matter what time period we’re talking about — but especially these days. Those prior disclosures allow us to frame Databricks’ recent growth cleanly. Partially fueled by the rapid ascent of Databricks SQL, Databricks’ growth rate of more than 50% makes it a one-off company in enterprise software growth terms among companies of its size. Among public software companies tracked by the Bessemer Venture Partners’ Cloud Index, the fastest growing public software company today is SentinelOne, which grew at 42% in its most recently reported quarter. That presumes, of course, that its growth rate continues to increase and doesn’t decelerate too much further.

Max Chen
March 7, 2024

Apps, CES

Apple Makes Modifications to DMA Regulations Under External Pressure, But Maintains Core Technology Fee Structure

However, Apple is today announcing a handful of smaller concessions driven by feedback from its app developer community, it says. In addition, the move to opt into the DMA terms is no longer a one-way switch. However, these changes don’t address the major complaints with Apple’s DMA rules, which involve reducing commissions on App Store purchases in favor of other new fees. Before, Apple was requiring that corporations sign up each membership it controls if it chose to opt into the DMA rules. It also says apps that don’t comply with its guidelines will be blocked from installation — including via alternative app marketplaces.