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Naver Webtoon collaborating with BTS' HYBE agency and DC Comics econotimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from econotimes.com Daily Mail and Mail on Sunday newspapers.
This Week in Apps: Apple talks App Store fraud, responds to antitrust complaints; Facebook growth is slipping 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 continues to grow, with a record 218 billion downloads and $143 billion in global consumer spend in 2020. 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. ....
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WEBTOON parent NAVER announces approval of agreement to acquire Wattpad News provided by Share this article Leading social storytelling platform Wattpad aligns with WEBTOON, leading global digital comics platform LOS ANGELES, Jan. 19, 2021 /PRNewswire/ The Board of Directors of WEBTOON™ s parent company, NAVER, announced today that it has approved a definitive agreement to acquire leading social storytelling platform, Wattpad, in a cash and stock transaction valued at more than an estimated USD 600 million. With the backing of Korean technology giant, NAVER, WEBTOON and Wattpad will collaborate to create a stronger and connected ecosystem across visual and textual storytelling content, with a combined reader base of over 160 million monthly users globally. WEBTOON s innovative monetization model and Wattpad s massive library of diverse stories will provide each prospective affiliate with new levers for growth, creating a stronger foundation to fund an a ....