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App Store Supports Over 830,000 Jobs in UK, Says Apple

Apple says its App Store now supports more than 330,000 jobs in the U.K., a 10% increase over the past year, despite the pressures of the global.

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MTG pursuing mergers and acquisitions despite down sales year

MTG pursuing mergers and acquisitions despite down sales year
gamesindustry.biz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gamesindustry.biz Daily Mail and Mail on Sunday newspapers.

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MTG pursuing mergers and acquisitions despite down sales year

MTG today announced its year-end financial results, with the esports and gaming company posting a dip in sales and lessened losses to go with it. For the full year, MTG reported net sales down 6% to SEK 4 billion ($482 million), with net losses narrowed from 2019 s SEK 458 million ($55.2 million) to a 2020 deficit of SEK 96 million ($11.6 million). In light of the COVID-19 pandemic scuttling live events, MTG s esports revenues from ESL and DreamHack were down a little over 23%, a loss partially offset by its other gaming revenues being up nearly 6%. The company is hoping to reintroduce events with in-person audiences in the second half of this year, but it expects the negative impact of the pandemic to weigh on its esports business beyond that.

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Sweden s MTG in talks to buy a mobile games developer

E-sports and gaming group MTG is in talks to buy an unidentified mobile games developer, the Swedish company said on Thursday, as preliminary results showed its fourth-quarter profit rose in line with forecasts.

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This Week in Apps: Apple scolds adtech, Facebook hit with antitrust suits, Twitter buys Squad – TechCrunch

This Week in Apps: Apple scolds adtech, Facebook hit with antitrust suits, Twitter buys Squad Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry is as hot as ever, with a record 204 billion downloads and $120 billion in global consumer spend in 2019. Not including third-party Chinese app stores, iOS and Android users downloaded 130 billion apps in 2020. Consumer spend also hit a record $112 billion across iOS and Android alone. In 2019, people spent three hours and 40 minutes per day using apps, rivaling TV. Due to COVID-19, time spent in apps jumped 25% year-over-year on Android.

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