The Apple company shared a new report supporting the App Store's impact a week before Apple's Worldwide Developer Conference (WWDC). The study conducted by the Analysis Group shows that the App Store ecosystem facilitated USD 1.1 trillion in developer sales and billings in 2022; a small fraction of all these was subjected to Apple's controversial commission. Apple had already paid more than USD 320 billion by January 2023.

Major key drivers contributing to the growth in the App Store Ecosystem are- advancement in app advertisements, mainly retail apps, and social media, and the ride-hailing sectors making a solid rebounding.

Apple's CEO said in a press release that the app store is a vibrant and innovative marketplace that lays down a lot…

Climate change is leading to the invention of various alternatives for saving the earth's ecosystem. The agricultural sector has come up with an adaptation of biochar, which consequently adds a lot of benefits to the soil. Better working of the microbes for the ideal habitat leads to biochar being adapted in crop production by 15 percent. Biochar market revenue for 2023 is USD 541.8 million globally, up from USD 507.2 million in 2022.

For various reasons, biochar is more enriching than other fertilizers for nutrients. The component is more porous and stores nutrients, providing the plants at the right time. It is more environmentally friendly due to less nutrient draining, resulting in higher crop production. The pyrolysis technology for…

Based on the customers' preferences, Robo-advisors provides automated deposit that differs from company to company per the investor's needs. More importance is given to the client's preferences at odds with incalculable constraints and risks, which are then automated to fit in with investors precisely. Approximately USD 2.76 trillion is expected to be managed by robo advisors in 2023.

The experts follow the market scenario to provide their investors with a balanced way of investing their penny with less risk, to meet the client's need in a futuristic way balancing their deposit. Robo-advisors have been in the market for a decade, and the financial sector achieving new heights with technology has made it an adapted online service. Automated…

Artificial sweeteners are gaining more popularity due to their low sugar content, around 200 to 20,000 times less than regular table sugar. But the non-sugar sweeteners (NSS) taste the same sweeter with a tiny amount of usage. Since the NSS is used in smaller amounts, it accounts for negligible calorie count and is thus regarded as nonnutritive. The global market for artificial sweeteners in 2023 is USD 1644.5 million.

Recent studies have found that a chemical compound produced after consuming a sweetener named Splenda is responsible for DNA damage in human beings. This shows the limitations of the less calorie content artificial sweeteners that support the idea of keeping noncommunicable diseases and obesity in check. The U.S. Census data…

Stellantis launches Free2move Charge to ease all-electric vehicle (EV) users' needs by seamlessly charging the EVs and proper energy management, thus creating a whole ecosystem that will help the electric vehicle customers' requirements at home and in business. The company launched the latest technical feature, including a well-defined routed-planning app and toolkit, in June 2023.

The newest feature on charging will be handled by the new Stellantis Charging & Energy business unit of the company, whose focus will be more on the charging software, hardware, and other services. According to the company's senior vice president of the charging & energy business unit, as the EV market witnesses customers adopting electric vehicles in full…

International Institute for Management Development (IMD) published its World Competitiveness Ranking on June 2023 by evaluating 64 economies worldwide based on four broad categories: economic presentation, infrastructure, and efficiency of both business and government sectors. IMD provides insights into the market trends along with the economies' statistical data and survey reports. The organization analyzes the data and ranks different countries based on their strategies to manage their expertise for long-term productivity.

The World Competitiveness Ranking 2023 states that citizens' quality of life can be achieved with agile governance and better market access. Also, the report paves the way for sailing across a "fragmented" world while…

The digital marketing world is transforming with an adaptation of new ways by companies in the current scenario. Due to content identification and ad measurement, digital advertising is still valued more by marketers in the United States. Data Clean rooms can provide more growth to marketers, as reported by Deloitte's latest study in 2023.

With added data privacy and security, companies are bound to think twice about using the user's data online. Streaming video services are joining the digital ad markets due to rising ad-supported options for videos on demand. With "clean rooms," the companies can incorporate users' information without hindering information regarding personal identification and current data privacy regulations. According…

Intel announced its plans to invest more than 33 billion euros in Germany to establish a leading-edge semiconductor fab mega-site for new research and development in June 2023. The company also looks forward to designing a hub in France and expanding research and development and back-end production in Poland, Ireland, Italy, and Spain. Earlier, it declared that the 17-billion-euro project to deliver computer chips through Intel's advanced transistors technologies will be completed in March 2022.

Intel is expected to invest in building factories and infrastructures across three continents to compete with its rivals in chipmaking, Samsung, Nvidia, and AMD, among others. The current deal in Germany is anticipated to be the most significant…

Inflation of consumer prices in the United States has already calmed down, but the constant increase of 4 percent year over year has remained the same since May 2023, keeping pressure on households. But the producer price index has been declining continuously since July 2022. In contrast, the consumer price index is rising, and questions about the reasons behind the constant increase in prices have not changed the increased cost price for the producers.

Based on a survey, the data provides that many consumer product companies are increasing their bottom line instead of retrieving increased cost prices. The comparison of the consumer price index and producer price index data shows that the producers avoid making any changes in their cost…

Guyana, a South American country newly, emerged as one of the new hotspots among offshore drilling locations worldwide in 2023. It is one in the race for the world's fastest-growing economy. Guyana is expected to become the wealthiest country in South America with increasing petroleum production and exports.

Guyana is feared to face political imbalance and corruption, similar to Venezuela, which has previously suffered from being an oil-rich country, with 330 billion barrels of oil reserves to its name. According to the new oil discoveries, Guyana is all set to become a significant South American oil producer and exporter with 1.2 million barrels of production by 2027 and become the world's 16th largest petroleum-producing country. The…

Social media marketing is rapidly attaining momentum in different sectors of the economy in a country, travel and tourism being one. According to some trusted reports, the online travel market revenue share will be 69 percent in 2023. It is avidly progressing with creating different strategies like brand awareness, sustainable travel, and business websites, among others, since tourism is a highly competitive zone. Digitalization of travel and tourism businesses accounts for one-third of the votes from the survey conducted by a company in 2023.