IT&Software

UK App Store prices to jump 25% to reflect weak pound

UK App Store prices to jump 25% to reflect weak pound

In its year-end retrospective, App Annie said US time spent in apps grew more than 25 percent.

App Annie's 2016 Retrospective report shows that worldwide app downloads grew by 15% from 2015 to 2016, while the time spent in apps grew by 25%.

"In the case before us, third-party developers of iPhone apps do not have their own 'stores, '" he wrote. Pokémon Go, a beloved game from Niantic, quickly became a cultural phenomenon in mid-2016.

During the year, India grew massively, surpassing the U.S.as the No. 1 country by Google Play downloads.

Investigators Probe Vermont Utility Laptop After Discovery of Malware
Officials at Green Mountain Power issued a statement that pointed out it was not their utility that had found a problem. Cyber-security analysts are probing a Vermont utility's laptop, following the discovery of malware on the device.


The move comes after Beijing passed a law past year that banned apps which were deemed to threaten national security, disrupt the social order, and perform other illegal activities. The country's smartphone penetration stands at only 30 percent, so there is a massive chance for more growth. As far as Apple is concerned the two currencies have reached parity. It will not affect consumers who use its products at home.

According to the company, the changes will be implemented in the next seven days. Both fintech (i.e. Paypal, Venmo, Credit Karma) and retail banking apps have made their footprints in this industry. Venmo's monthly active users in the US went up from 4 million in 2015 to 9 million by the end of 2016. Top games of a year ago on Android and iOS were Monster Strike, Clash of Clans, Pokemon Go, Game of War - Fire Age and Clash Royale.

Streaming apps have also increased drastically in usage. Which makes it all the more surprising that Indians not only downloaded the highest greatest number of Android apps, but also clocked the most time spent on Android devices last year-145 billion hours, well above No. 2 Brazil, at 110 billion hours. Of course, Pokémon Go's impact can not be overlooked here - the game reached $500 million in consumer spend in under 2 months' time. Unsurprisingly, YouTube was the king of entertainment in 2016, leading the pack in number of active users in both the United States and the UK, and nearly dethroning Chinese video hosting platform iQiyi in its home country.


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