Weekly DaaS Roundup for Feb 1, 2024

Top Story of the Week

Facebook suffers big loss in lawsuit against Bright Data (data crawler) by Jon Brodkin at Ars Technica
Meta sued Bright Data a year ago but a federal judge this week threw out Meta's breach-of-contract claim because Bright Data obtained only public data from Facebook and Instagram.

News

The Fastest Growing Software Sectors in 2024 by Tomasz Tunguz
Data businesses have been the second-best performing software companies (after security).

App uninstall yearly review by Appsflyer
Global app uninstall rate remains about 50% and is over 65% for dating apps. Travel is best at 30%.

US CoreLogic S&P Case-Shiller Index Up by 5.1% Annually by Selma Hepp at Corelogic
15 metros saw faster price growth year over year, while five metros saw slowing or no change in annual gains. Detroit and San Diego again led the 20-city index, with respective annual gains of 8.1% and 8%; followed by New York and Cleveland, both up by 7.4%.

Residential Cash Sales at High Point Since 2014 by Attom Data
Nationwide, all-cash purchases accounted for 38 percent, or about one of every three single-family home and condo sales in 2023 – the highest level since 2014. The latest portion was up from 36.1 percent in 2022, although still off from the 44.7 percent peak this century in 2011.

For Retailers, Business Is Back and Landlords Say No More Rent Discounts by Kate King at WSJ($)
Retail property owners are shedding the discounts and other concessions they offered struggling tenants during the depths of the pandemic, the latest sign that competition for retail real estate is intensifying.

M&A and Funding

Babel Street acquires Vertical Knowledge (VK) 
Vertical Knowledge is a well-known crawler (like Bright Data).

Real estate tech: Casafari acquires Targomo 

Podcasts

Emil Michael, Fmr Uber CBO: Ridesharing and Picking VCs by World of DaaS

Important Tweets

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Random Art of the Week