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American cartoon giant DC Comics and South Korean talent agency HYBE have agreed to work...

This Week in Apps: Apple talks App Store fraud, responds to antitrust complaints; Facebook growth is slipping Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record 218 billion downloads and $143 billion in global consumer spend in 2020. Consumers last year also spent 3.5 trillion minutes using apps on Android devices alone. And in the U.S., app usage surged ahead of the time spent watching live TV. Currently, the average American watches 3...

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WEBTOON parent NAVER announces approval of agreement to acquire Wattpad News provided by Share this article Leading social storytelling platform Wattpad aligns with WEBTOON, leading global digital comics platform LOS ANGELES, Jan. 19, 2021 /PRNewswire/ -- The Board of Directors of WEBTOON™'s parent company, NAVER, announced today that it has approved a definitive agreement to acquire leading social storytelling platform, Wattpad, in a cash and stock transaction valued at more than an estimated USD 600 million. With the backing of Korean technology giant, NAVER, WEBTOON and Wattpad will co...

South Korean internet giant Naver, which owns the global digital comics platform WEBTOON, is acquiring Wattpad in a cash and stock deal valued at more than $600 million.