This Week in Apps: Apple antitrust issues come to Congress, subscription apps boom, Tencent takes on TikTok

Welcome back to ThisWeekin Apps, the Extra Crunch series that recaps the latest OS news, the applications they support and the money that flows through it all.
The app industry is as hot as ever with arecord 204 billion downloads in 2019and $120 billion in consumer spending in 2019, according to App Annies recently released State of Mobile annual report. People are now spending 3 hours and 40 minutes per day using apps, rivaling TV. Apps arent just a way to pass idle hours theyre a big business. In 2019, mobile-first companies had a combined $544 billion valuation, 6.5x higher than those without a mobile focus.
In this Extra Crunch series, we help you keep up with the latest news from the world of apps, delivered on a weekly basis.
This week, there was a ton of app news. Were digging into the latest with Apples antitrust issues, Tencents plan to leverage WeChat to fend off the TikTok threat, AppsFlyers massive new round, the booming subscription economy, Disneys mobile game studio sale, Pokemon GOs boost to tourism, Match Groups latest investment and much more. And did you see the app that lets you use your phone from within a paper envelope? Or the new AR social network? Its Weird App Week, apparently.

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