This Week in Apps: Twitter targets creators, Clubhouse security, Spotify’s plans for paid podcasts
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 218 billion downloads and $143 billion in global consumer spend in 2020. A
new forecast this week expects consumer spend to grow to $270 billion by 2025.
Consumers last year also spent 3.5 trillion minutes using apps on Android devices alone. And in the U.S., app usage surged ahead of the time spent watching live TV. Currently, the average American watches 3.7 hours of live TV per day, but now spends four hours per day on their mobile devices.
Today in funding: AmacaThera, Elevate Farms, Snack, Maple
betakit.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from betakit.com Daily Mail and Mail on Sunday newspapers.
Economist, John Jordan, joins Molly Line on Fox Report Weekend to discuss the concerns involving the social media giant.
A new app called Snack is catering to helping the TikTok-obsessed demographic find love and stay engaged with the content of prospective matches.
Unlike apps that let you swipe through singles dating profiles like Tinder, Bumble and Hinge, the new Snack dating app allows users upload videos of themselves to their profiles, instead of uploading pictures. Snack, a dating app allows users to share TikTok-like videos to their profiles, has already raised $3.5 million in funding. (iStock)
Singles can like each other s videos and share comments. A match is made when two users like the other’s videos, at which point they’ll be able to direct-message each other through the app and strike up a conversation. The free video-based dating app is also prompting users to show your fun side, your serious side, your likes, your dislikes . show who you
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Unprecedented Bitcoin Rally Supported by Best-Performing Quarter for Crypto and DLT Startup Funding Totaling Over $700M in Q4 2020: Report
February 21, 2021 @ 9:40 pm By Omar Faridi
The current Bitcoin (BTC) bull market has been fueling another major boom in blockchain or distributed ledger tech (DLT) startup deals.
Coinbase Ventures had launched back in 2018, which was during the extended cryptocurrency bear market that lasted from early January of that year to well into 2019. After the BTC price had surged to nearly $20,000 in December 2017 from only around $1,000 in January 2017, the flagship cryptocurrency crashed to a low of below $4,000 in December 2018.
As a digital asset trading platform, that short-lived momentum was actually good for Coinbase’s business (in the long-term). However, the decision to establish a cryptocurrency-focused VC company had less to do with the BTC price than what the market fervor had meant for innovators.
Snack, where TikTok meets dating, gets $3.5 million in funding
After online dating’s tremendous 2020 growth that culminated in last week’s epic Bumble IPO, a new entrant has tossed its hat into the dating app ring.
Snack, founded by Kimberly Kaplan, looks to merge the popularity and format of TikTok with the dating world. Kaplan hails from Plenty of Fish, where she was one of the earliest employees at the dating site. She led product, marketing and revenue and was on the executive team that eventually sold PoF to Match Group for $575 million in 2015.
Kaplan said that she noticed a specific user behavior among folks using dating apps, particularly the coveted Gen Z demographic. Essentially, folks would match on Bumble or Tinder and immediately move the connection over to apps like Snap and Instagram, where they would watch each others’ stories and more casually flirt, rather than carrying on in a more high-pressure DM conversation on the dating apps.
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