AmazeVR wants to scale its virtual concert platform with $17M funding

By News Curator

AmazeVR, a Los Angeles-based virtual concert platform, said Tuesday it has raised a $17 million funding round to create immersive music experiences through virtual reality (VR) concerts. Like other industries, the entertainment sector was affected by the coronavirus lockdown. Many music artists had to cancel or push back their live events during the pandemic. Some…

What’s a crypto exchange worth?

By News Curator

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This week Alex was back with Grace and our new producer to kick off the week. Now that we are through earnings season, things are a little quieter on the forecast front, but…

South Korea to probe Apple and Google over in-app payment rule break

By News Curator

South Korea’s communication watchdog, the Korea Communications Commission (KCC), said Tuesday it will investigate Apple and Google over potential violations of the country’s in-app payment rule. Local media reports noted that the agency will start this investigation on August 16. Apart from Apple and Google, the KCC is also investigating SK Group’s homegrown app store…

Mobile users now spend 4-5 hours per day in apps, report says

By News Curator

Although the mobile app boom driven by pandemic lockdowns has long since passed, consumers’ mobile usage is still growing. According to new data released today by app intelligence firm data.ai (previously App Annie), consumers in over a dozen worldwide markets are now spending four to five hours per day in apps. While the daily time…

Google halts KakaoTalk updates on Play Store in Korea after messaging app refused to remove its own payment links 

By News Curator

Google has stopped providing updates to popular messaging app KakaoTalk in South Korea, according to a local report, after Kakao continued using an external payment link in its Android app, against Google’s new in-app payments policy. Google’s new policy requires developers selling digital goods and services to use Google’s first-party billing system, but Kakao has…