The Weekly News Wr(app) – August 23rd – August 29, 2021

Weekly News For You To Stay Updated With The App Industry

In the last week, the main highlights of the app industry news revolved around how lawmakers are pushing against app store monopolies, apps adding new features, and apps making its services feasible for everyone. Here is a Weekly News Wr(app) for you:

S. Korea set to ban app payment monopolies in world first

South Korean MPs were expected to ban Apple and Google from forcing app developers to use the tech giants' payment systems on Tuesday, effectively declaring their lucrative App Store and Play Store monopolies illegal.

Source: https://bit.ly/2YdA3Vy

MeitY Startup Hub & Paytm join hands to launch a program to support deep-tech start-ups

Due to financial problems and low-income family backgrounds, many intelligent and capable individuals from various Indian states are unable to take admission to good coaching institutes. Educational apps such as the Liso app make education affordable for all.

Source: bit.ly/3j9m9f5

Several Indian entrepreneurs are raising their concerns, talking about the possibility of an Indian App Store, and intensifying awareness on the matter as they are against 30% commission of Google PlayStore

The policies kill revenue streams for service providers, but they also discriminate between digital services platforms and platforms such as Amazon, Flipkart, Uber who sell physical goods and services — eventually killing business democracy.

Source: Inc42
https://bit.ly/3zzPWmQ

TikTok partners with Shopify to roll out in-app shopping features

The latest addition means that Shopify merchants can add a shopping tab to their TikTok profiles by syncing their product catalogs to their TikTok tabs.

Source: Business of apps

https://bit.ly/3sZbIho

Instagram axes Swipe up in favor of Stickers

The popular photo app said that the move was aimed at improving the experience of creating Stories. By the end of August, it is expected that Swipe up will be fully replaced by the stickers.

Source: Business of apps
https://bit.ly/3kBd8el

InMobi partners with HUMAN Security for a fraud-free in-app ecosystem

InMobi, the mobile monetization company, has partnered with cybersecurity firm HUMAN Security to integrate HUMAN’s MediaGuard solution and help build a more transparent and fraud-free in-app ad ecosystem to help protect against malicious bot activities.

Source: Business of apps
https://bit.ly/3jsDXlB

53% increase in use of medical and health apps

Medical and finances category apps surged 53% and 36% in usage in Q2 2021 according to the latest figures by SensorTower.

Source: Business of apps
https://bit.ly/3t1XeNP

 

Sports Minister Anurag Thakur launches Fit India Mobile App on National Sports Day

The Fit India app is a tribute to Major Dhyan Chand who is an icon to the country's sportspersons," Thakur said at a function at the Major Dhyan Chand National Stadium in Delhi.

Source: Economic Times
https://bit.ly/3BpOP9Z

 

Keeping our users and developers updated with the latest news is just the tip of the iceberg.Learn how Indus App Bazaar encourages developers to build local solutions for their audience: https://bit.ly/3gPq13h

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