See which tech companies are profitable with ‘How Do They Make Money?’

How Do They Make MoneyBecause of huge acquisitions like Facebook’s billion dollar purchase of Instagram, it’s easy to assume all tech companies are making a ton of cash. And so it may bewilder you to find out many popular web-based services are not turning a profit. There are also many online services that are earning money — some we did not expect at all — but we’ll get to that later.

If tech industry funding is something that interests you, How Do They Make Money can answer quite a few questions for you. The site lists a large number of different companies like Facebook, Tumblr, Pandora, and Netflix. When you click on one, a window pops up containing funding information. On the left-hand side it shows whether a web service is profitable or not and the information on the right gives examples of how it is funded. These money-making methods include things like advertising, subscribers, and selling data, among others. If one long list seems overwhelming, How Do They Make Money lets you filter choices by service or revenue type.

How does Tumblr make moneyFor instance, Dropbox is listed as “profitable” by offering paid subscriptions and freemium content. Instagram is apparently not profitable, but the following clarification is included: “Before selling to Facebook they were not making money.”

Spotify is not profitable either, despite offering advertising and paid subscriptions as part of its service. Competitor, Rdio, is also listed as not profitable. It’s extremely odd considering Instapaper is allegedly profitable through advertising and subscriptions. If an offline reading application, which has many free alternatives, can turn a profit then why can’t a music streaming service? 

One drawback to the site — and it’s a pretty big one — is that it doesn’t provide sources for the financial information listed. Actual earning numbers are omitted as well, only giving a thumbs up or down to indicate profitability but never listing how much money is brought in. This makes it difficult to take anything on the site without a considerable amount of salt. Unfortunately, if you’re after cold, hard facts and solid numbers then you’ll need to look elsewhere.

But despite the lack of transparency with its data, How Do They Make Money is still worth checking out. It certainly made us look at the free services we use in a different light. It’s unbelievable so much hard work and dedication can go into a product that may never make a dime. 

Did any companies on the list surprise you? Maybe we were shocked by the same ones!


Amazon’s new retail bookstores have all of the books, but none of the charm

The opening of NYC's Amazon Books brought in tons of customers but the concept falls completely flat in transforming the experience of purchasing books when you’re trapped on your phone the entire time.
Home Theater

Google Chromecast returns to Amazon just in time for the holiday shopping crunch

It's been a chilly few years between Google and Amazon, but things may be improving. You can now buy two versions of Google's Chromecast on Amazon, something that hasn't be possible since 2015.

Hey, Sony! If you make a PS2 Classic, it needs these games

158 million PS2 consoles were sold worldwide during its lifecycle, making it the most successful video game console of all time. It was hard, but we narrowed down the PS2's vast library of games. Here are the best PS2 games of all time.

You don't want to sleep on these red-hot bedding deals

We've rounded up some of the best discounts and sales happening right now, so you can buy yourself (or your loved ones) new bedding without breaking your budget. Trust us when we say these are deals worth losing sleep over.

Google Play Store will now let you know when recommended apps go on sale

Google is making it easier to keep tabs on promotions for apps on the Play Store. A new feature in the latest release notifies users when offers go live, and when new games are made available for pre-registration.

Pics of Microsoft’s canceled ‘Northstar’ flagship smartphone appear online

Pictures of Microsoft's canceled high-end 'Northstar' phone, which was rumored to succeed the Lumia 950 and 950XL, have emerged online. It was said to run Windows 10 Mobile, the newest version of the company's mobile operating system.

The touchscreen camera interface gets an upgrade with Halide, a new iOS app

Gesture controls are coming to the iPhone camera, thanks to Halide, a new iOS app offering advanced controls and a gesture interface. The easy access controls are paired with advanced features like focus peaking and RAW shooting.

Amazon gives Alexa iCloud support as Apple reportedly preps its own speaker

With the update, Echo users can now ask Alexa for updates on appointments made through iCloud and even add events without ever using their Apple device. The feature is currently live in the U.S., U.K., and Germany.

‘Pokéland’ will have you brawling Pokémon in ‘Rumble’-like gameplay

Although details remain rather thin, Pokéland is the next Pokémon game to hit smartphones and it will give iOS and Android players the chance to take part in real-time Pokémon battles.

Apple regulatory filings point to new iPad and MacBook Pro models

New Apple filings published by the Eurasian Economic Commission appear to reference model numbers for unannounced iPad and MacBook models. They could be announced as soon as Monday.
Android Army

Honor 6X smartphone is now available in-store and online from Target for $250

The Honor 6X offers speed, looks, and the latest must-have smartphone trend -- a dual-lens rear camera. All for $250. It also has the latest version of Android available as an update. Here's everything you need to know about it.

YouTube rolls out new interface for Android

After months of testing, YouTube officially rolled out a redesigned layout for its Android app, moving the navigation bar to the bottom of the screen. The new placement is meant to create a more easily accessible experience.

You may finally get the chance to talk to Samsung’s Bixby by the end of June

Sources say Samsung is planning on delivering Bixby's voice functionality to Galaxy S8 owners closer to the end of the spring -- two months after the launch of its flagship smartphone.

Google bolsters Gmail security with anti-spam and early phishing detection

Gmail is already very good at identifying spam, but it's about to get even better. Google announced a series of new security features today that aim to make Gmail even more secure for individuals and businesses alike.