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TikTok’s Chinese version Douyin launches an e-wallet

TechCrunch reports: "Tencent’s WeChat Pay and Alibaba’s affiliate Alipay have long dominated digital payments in China, but they have always faced new challengers. The...

Spotify Stock Slips After Analysts Cast Doubt on Success of Podcast...

Variety reports: "Shares of Spotify took a hit after analysts at Citi downgraded the stock because the audio-streaming giant hasn’t shown “any material benefit”...

WhatsApp faces legal challenge over privacy in its biggest market

TechCrunch reports: "WhatsApp is facing a legal challenge in India, its biggest market, after a petition was filed Thursday before Delhi High Court over...

App Annie: Mobile games could grow 20% to $120 billion in...

VentureBeat reports: "Mobile game spending could grow 20% to $120 billion in 2021, according to a report by mobile data and analytics provider App...

Study finds around one-third of Americans regularly get their news from...

TechCrunch reports: "Around a third of Americans regularly get their news from Facebook, according to the latest study from Pew Research Center, whose surveys...

Twitter Reports 75% Increase in Gaming-Related Tweets in 2020

Social Media Today reports: "Given the lockdowns that kept most of us at home throughout much of 2020, it likely comes as little surprise...

Local news app News Break raises $115M

TechCrunch reports: "The popular news app News Break is announcing that it has raised $115 million in new funding. The press release claims this...

Facebook Shares Insights into its Coming Smart Glasses, New Developments in...

Social Media Today reports: "Will we see the launch of fully-enabled AR glasses from Facebook in 2021? Facebook previewed its work on its new...

Apple App Store customers spent $1.8B over the week of Christmas,...

TechCrunch reports: "Apple this morning offered an updated look at its App Store business with the release of its holiday sales figures. The company...

Call of Duty: Mobile makes $14m in first week in China

Gamesindustry.biz reports: "Call of Duty: Mobile generated over $14 million in player spending during its debut week in China. Activision's mobile hit finally launched...