In recent months, Elon Musk’s X has been facing a significant decline in its user base across the United States, United Kingdom, and European Union. According to internal data obtained by sources close to the company, X’s own metrics clearly show a downward trend in user engagement and retention. X, which was once hailed as… Continue reading Elon Musk’s X is losing users in the U.S., UK, and EU. X’s own data proves it.
Category: decline
Global web3 venture funding on pace to decline for seventh straight quarter
It appears that worldwide web3 venture funding is on track to decline for the seventh consecutive quarter. While this may come as a surprise to many, the slowing demand for web3-based solutions has caused investors to pull back from providing capital for such endeavors. In particular, the amount of venture capital invested in web3 startups… Continue reading Global web3 venture funding on pace to decline for seventh straight quarter
Samsung’s having a terrible financial year
Samsung, the South Korean electronics giant, has had a difficult financial year. The company, which is one of the world’s largest producers of consumer electronics, is facing financial pressure due in large part to stalling sales of its smartphones, televisions, and other products. The decline in sales and revenue is having a significant impact on… Continue reading Samsung’s having a terrible financial year
Investors unfazed by Q1 crypto funding decline
The first quarter of 2021 saw a slight decline in cryptocurrency funding amounts, according to a report held by venture capital research firm PitchBook. In spite of the decline, investors remain upbeat about the future of cryptographic investments. In total, Q1 funding dropped from $5.6 billion in 2020 to $5.2 billion this year. While this… Continue reading Investors unfazed by Q1 crypto funding decline