Today, both the U.S. Department of Justice and the Securities and Exchange Commission charged Manish Lachwani, cofounder of a mobile app testing company Headspin, with fraud. The SEC says he violated antifraud provisions, and the civil penalties it’s seeking include a permanent injunction, a conduct-based injunction, and to bar him for serving as a corporate…
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The pandemic’s effect on the global app market has not been hard to miss. In the first quarter and first half of this year, consumer spending in mobile apps hit new records at $32 billion and $64.9 billion, respectively. In Africa, it can be tough to call out exact numbers on consumer spending because the…
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The latest hearing to target Big Tech will drill down on competition in Apple’s App Store and Google Play. The Senate hearing, set for Wednesday at 2:30 p,m. EDT and embedded below, will feature testimony from the two big app store gatekeepers, and three companies that have banded together to critique the immense power that…
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