Digital
Digital
Consumer spending touched $2.3 bn on TikTok in 2021
Global consumer spending in TikTok touched approximately $2.3 billion last year, which includes the iOS version of its Chinese localisation Douyin.
This figure represents 77...
Digital
Meta faces $3.1 bn lawsuit in UK over exploiting users’ data
Meta (formerly Facebook) is facing a $3.1 billion class-action lawsuit in the UK over allegedly abusing its market dominance and if the lawsuit succeeds...
Digital
Spending on mobile apps reached $170 billion
The global consumer spending on mobile apps across iOS, Google Play and third-party Android app stores in China reached $170 billion in 2021.
People downloaded...
Digital
Google selects 20 startups for accelerator program in India
Google announced the sixth batch of the Google for Startups Accelerator (GFSA) India -- with 20 startups -- to help them focus on their...
Digital
Apple paid record $60 bn to App Store developers in 2021
Developers selling digital goods and services on Apple App Store have earned more than $260 billion since the App Store launched in 2008 and...
Digital
Apple will allow alternative payment systems in South Korea
Apple said it will allow alternative payment systems in South Korea in compliance with a local law that bans app store operators from forcing...
Digital
App downloads grew 2.7% to 36 bn lifted by shopping, finance, entertainment
The growth in worldwide app downloads was 2.7 percent to reach 36.1 billion in the fourth quarter of 2021.
The mobile app space is still...
Digital
Take-Two to buy FarmVille maker Zynga for $11 bn in largest gaming deal
Grand Theft Auto video game maker Take-Two Interactive would buy Zynga for $11.04 billion in a cash-and-stock deal that will add popular mobile titles such...