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March 15, 2019

Five on Friday: Facebook, France and Food

Auto-renew Subscription, Business Services, Consumer Services, Data and IoT, Entertainment and Streaming, News, Regulation and Compliance, Subscriber Only, Subscription Business Marketing /

If you are tired of hearing about hearings, trials and college admissions, then this Five on Friday is for you. In this weeks edition, Mark Zuckerberg lays out his privacy-focused vision for Facebook, Digital Music News reveals SiriusXMs plan for its $3.5 billion acquisition – Pandora, France wants to tax tech giants like Google, Amazon and Facebook, Food Navigator USA talks about the challenges of selling meal kits in stores versus subscription box distribution, and Shopify shares five apps you should be using to grow your Instagram following.

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Okta Reports 53 Percent Subscription Revenue Growth for Q4 of FY 2019

Auto-renew Subscription, Business Operations, Consumer Services, FInance, News, Product Development, SaaS and Cloud Services, Subscription Apps /

It took more than luck for independent identity provider Okta (NASDAQ: Okta) to grow fourth quarter subscription revenue by 53 percent and full year subscription revenue by 57 percent for fiscal year 2019 for the period ended January 31, 2019. Among the quarter’s highlights are total revenue of $115.5 million, a 50 percent increase year-over-year. Subscription revenue was $108.5 million, representing 94 percent of total revenue. Full year revenue was $399 million, a 56 percent increase year-over-year.

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