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Consumers spend $32b on apps in Q1 2021 – App Annie

Gamesindustry.biz reports: "App Annie revealed this week that in the first quarter of 2021, consumers have spent $32 billion on in-app purchases on both...

Tencent-owned studio behind Call of Duty: Mobile reportedly earned $10 billion...

The Verge reports: "TiMi Studios, the Tencent-owned developer of huge mobile hits Call of Duty: Mobile and the MOBA Honor of Kings, earned a...

Facebook confirms ‘test’ of Venmo-like QR codes for person-to-person payments in...

TechCrunch reports: "Facebook confirms it’s testing a new QR code feature and payment links for use with Facebook Pay to make it easier for...

As competition heats up, TikTok announces six new interactive music effects...

TechCrunch reports: "TikTok today is doubling down on its roots as a music-backed creation app with the launch of a half dozen new music...

Twitter Sought to Buy Clubhouse Live-Audio App for $4 Billion (Report)

Variety reports: "Twitter recently was in talks to acquire Clubhouse, the heavily hyped live-audio social media app, in a deal worth $4 billion, Bloomberg...

Community, Text-Messaging Platform for Celebs and Brands, Banks Additional $40 Million...

Variety reports: "Community, a startup that lets celebrities and marketers communicate with their fans and customers via text messages, announced an additional $40 million...

Tripledot Studios raises $78 million

Gamesindustry.biz reports: "Mobile games developer Tripledot Studios has raised $78 million in a series A funding round. Eldridge, Access Industries and Lightspeed Venture Partners...

AppLovin IPO raises $1.8bn

Gamesindustry.biz reports: "Mobile services and publishing company AppLovin has raised almost $2 billion in an Initial Public Offering." Read more  

PUBG parent Krafton applies for IPO

Gamesindustry.biz reports: "Holding firm and PlayerUnknown's Battlegrounds owner Krafton has applied for preliminary approval to launch an Initial Public Offering in Korea." Read more  

TikTok-native publishers look to expand business on other platforms after building...

Digiday reports: "TikTok-native publishers like Flighthouse and SongPsych have reached a milestone in the maturity of a modern media company." Read more