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App Store Weekly Digest #1 – October 9, 2018

2 min read

We have great news! Starting from this week, we’re going to prepare these weekly digests every Tuesday, including the most noteworthy news of the App Store and the world of apps in general. Top news from the tech giants to the overall atmosphere of the startup world, this curated list will be your 10-minutes app world digest every week! At the end of each post, we’ll provide the Top Charts of each store and we will assess the movements in the charts each week. Let’s start!

 


App Store removes subscription apps that cost thousands per year scamming iOS users [Source]

iphone app

Upon the growth of subscription based apps that charge huge amount of cumulative amounts from the users despite not offering much functionality, Apple is now removing some suspected subscription based apps that are identified by the users from the App Store.


Google+ to shut down after coverup of data exposing bug [Source]

google plus

A security bug allowed third-party developers to access Google+ user profile data since 2015 until Google discovered and patched it in March, but decided not to inform the world. When a user gave permission to an app to access their public profile data, the bug also let those developers pull their and their friends’ non-public profile fields. Indeed, 496,951 users’ full names, email addresses, birth dates, gender, profile photos, places lived, occupation and relationship status were potentially exposed, though Google says it has no evidence the data was misused by the 438 apps that could have had access. Google+ will be shut down over the course of the next ten months.


PwC data says more online shoppers will use a smartphone to buy goods this year [Source]

Smartphones are expected to be an even more key part of the Christmas shopping experience in 2018, according to a survey by PwC. The amount of online shoppers who expect to use a smartphone to shop has increased from 12% in 2017 to 16% this year, says the company’s research.


Apple drops ads from Shazam after completing acquisition [Source]

apple shazam

Apple has completed the acquisition of music recognition app Shazam, after it began the purchase in 2017. The exact amount Apple has paid for it has not been announced, but it’s believed to be around $400m.

Now the deal has been completed, Apple has said it will make the service free for all to use, and remove the ad-supported feature entirely.


Snap CEO Evan Spiegel plans to get profitable next year — and will make Snapchat itself way faster to get there [Source]

snapchat

In an internal memo running over 6,500 words long, Snap CEO Evan Spiegel admitted the company moved too fast in 2018 — specifically referring to the controversial Snapchat redesign. Spiegel set priorities for 2019, refocusing the company on the core principle of being the “fastest way to communicate.” Reaching profitability in 2019 will also be a key goal for Snap.


Bill Gates is backing an app that helps you keep track of the things your friends like [Source]

Bill Gates has backed an app called Likewise, which helps users get recommendations from people they know. The app launched in the US and Canada App Store on Wednesday, and credits Gates as an investor and its “ultimate beta tester.” The idea for Likewise was apparently thought up in Gates’ private office by managing partner Larry Cohen.


An app-only bank backed by Peter Thiel is launching in the UK — and it’s targeting the US next [Source]

German app-only bank N26 is launching in the UK on Thursday. The startup, which is backed by Peter Thiel’s Valar Ventures, already operates in 17 countries across Europe and has 1.5 million customers. N26 plans to launch in the US early next year and wants to “build the world’s first global bank with maybe 100 million customers.”

Investments

  • Forward Health, the U.K. startup that has built an app to help healthcare professionals communicate in a secure and compliant way, has picked up $3.9 million in seed funding.
  • Hopper raises $100M more for its AI-based travel app, now valued at $780M
  • Truebill landed $5 million to help people manage their money smartly.

Top Charts of October 9, 2018 from Mobile Action 

Apple App Store – iOS  [Click Image to Enlarge]

 

Google Play Store – Android [Click Image to Enlarge]

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