Apps

While Snap Inc’s (NYSE: SNAP) ad manager data suggests some pressure on users, the data on CPMs (cost per thousand) remains robust and DAU (daily average user) data is trending broadly in line with expectations, according to BofA Securities. The Snap Analyst: Justin Post maintained a Neutral...

Apple Inc. (NASDAQ: AAPL) said Monday it does not want to be like Android, the competing mobile operating system owned by Alphabet Inc.’s (NASDAQ: GOOG) (NASDAQ: GOOGL) and that its rules for its App Store have created a vibrant ecosystem that benefits iPhone developers. What Happened:...

Chinese e-commerce giant Alibaba Group Holding Limited (NYSE: BABA) is worried about how Apple Inc.’s (NASDAQ: AAPL) new privacy rule changes will impact its business, according to a report by The Information (via 9to5 Mac). What Happened: Alibaba invited half a dozen marketing industry...

Microsoft Corp. (NASDAQ: MSFT) has updated its store terms so that PC game developers will receive a larger revenue share from the sale of games through its app store. What Happened: Microsoft said that from August 1, the developer share of Microsoft Store PC games sales revenue will increase to 88...

Apple Inc. (NASDAQ: AAPL) has been hit with a class-action lawsuit that accuses the tech giant of profiting from illegal gambling apps on the App Store, AppleInsider reported Tuesday. What Happened: The lawsuit, filed on behalf of plaintiffs Joshua McDonald and Michael Helsel, states that Apple has...

Snap Inc (NYSE: SNAP) shares are advancing strongly Tuesday on the back of a positive analyst action. The Snap Analyst: Atlantic Equities analyst James Cordwell upgraded Snap shares from Neutral to Outperform, while maintaining the price target at $75. The Snap Thesis: The recent pullback in...

Fancy creating a non-fungible token-based art on your Apple Inc (NASDAQ: AAPL) made iPhone or iPad? There’s an app to help you do that.  What Happened: The free S!NG or SING Idea app touts itself to be a platform for creators to make free NFTs for storage in a digital portfolio, as...

A common pitfall for many fintech apps is that they are too complex to use for some inexperienced users. A complicated design, coupled with the natural nervousness of an unsophisticated investor, drives many new investors to traditional brokerages and firms in lieu of apps. This occurrence is a...

The recent moves by Apple Inc. (NASDAQ: AAPL) and Alphabet Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL) to cut app store fees for small developers will not make any significant negative impact on the tech giants’ revenues, according to new estimates from app analytics firm Sensor Tower. What Happened...

The Arizona House of Representatives has voted to pass landmark legislation that will prevent operators of app stores from forcing app developers to use a particular in-app payment system as the exclusive mode of payment. The bill could have far-reaching consequences for app store operators such as...

Rumors circulated Monday that Draftkings Inc (NASDAQ: DKNG) had set its sights to acquire Score Media and Gaming Inc (NASDAQ: SCR). What Happened: Less than one week after being listed on Nasdaq, Score Media is the subject of takeover rumors, which sent shares up in after-...

Score Media and Gaming Inc (NASDAQ: SCR) was quick to close its initial public offering in the U.S. after making its debut on Nasdaq this past Thursday. What Happened: On Monday, Score Media announced 6,900,000 Class A shares were sold at a price of $27 per share, for total of $186.3...

Clubhouse, Silicon Valley’s invitation-only audio chat room, is now one of the fastest-growing social media apps in the world. What Happened: According to Sensor Tower, an app analytics company, Clubhouse ranks in the top 30 of apps that iPhone users have downloaded this week...

Apple Inc. (NASDAQ: AAPL) announced Wednesday a new program that reduces the App Store commission to 15% for small businesses earning up to $1 million per year. The company said it's making the move to help accelerate innovation and support for small businesses and independent developers...

Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) subsidiary Google wants developers who offer in-app purchases on its Play Store to exclusively use its in-house payment system that gives it a 30% cut. What Happened: The Sundar Pichai-led tech giant said in a blog post that developers are expected to...