*By Chloe Aiello*
In 2019, 10 minutes out of every hour of media engagement will be spent streaming video on mobile, app market data provider App Annie told Cheddar.
In 2018, app downloads hit 113 billion, Levitas said, while spending on Google ($GOOGL) Play and the Apple ($AAPL) app store hit $76 billion. On average, Americans spent three hours per day on apps.
"Netflix ($NFLX) dominates the top of the list, but YouTube does really well, HBO does really well, Youku in China does really well. And so you've got this video entertainment that is increasingly moving to mobile," App Annie's EVP of Market Insights Danielle Levitas said Friday.
In 2018, mobile gaming and social communications apps were dominant, as were Facebook-owned apps. Four of the top five on App Annie's list of most downloaded apps worldwide were owned by Facebook ($FB), including Facebook Messenger and WhatsApp. But short-form mobile video app TikTok also made the grade, coming in just above Instagram at number four. Levitas said TikTok's breakout success speaks to the popularity of snackable ー or short, attention-grabbing, and fulfilling ー experiences.
"Short-form, 15 second-type videos for example ー they've been incredibly successful across the globe. So the truth is there is this real desire and hunger for these communications, these snackable experiences," she said.
The gaming app market also continued to mature, with new types of games gaining popularity. Casual gaming apps continued to do phenomenally well, led by Helix Jump and Subway Surfers, and with Candy Crush Saga still near the top of the list. But 2018 also saw the rise of minimalist "hyper casual" gaming apps, like Love Balls, and "hardcore games," like PUBG Mobile.
For full interview [click here](https://cheddar.com/videos/top-apps-and-games-in-2018).
With wedding season underway, couples can get overwhelmed with finances and planning. Guests also feel stressed, especially when being invited to several weddings. Ted Rossman, senior industry analyst with Bankrate.com, joined Cheddar News to discuss setting up a budget if attending multiple ceremonies.
Tracking Consumer Spending Trends With Tanger Outlets CEO Stephen Yalof
Meta has introduced Whatsapp Channels, a feature aimed at making the app a "private broadcast messaging product."
Edward Moya, chief market strategist with Oanda, joined Cheddar News to discuss Thursday's gains as investors were surprised by a jump in weekly job claims and as Wall Street braces for key inflation data and the Fed's latest policy announcement.
Rebecca Walser, financial planner and wealth strategist, offers some tips on how to bring everyday spending in line with budgets by avoiding certain purchases.
The number of Americans applying for unemployment benefits last week rose to its highest level since October 2021, but the labor market remains one of the healthiest parts of the U.S. economy.
Stocks are drifting Thursday, continuing this week’s lull as Wall Street waits for several big events next week.
Apple's new iOS 17 has some promising upgrades in store for group chats. Previously, when a iMessage group chat contained an Android user, it would lose features such as text editing and threaded replies. Now group chats will retain those features, even when there is a "green bubble" in the mix.
Workers at the Barnes & Noble in Manhattan's Union Square, one of the retail chain's signature stores and home to its corporate offices, have voted to unionize.
U.S. and British cybersecurity officials warned Wednesday that a Russian cyber-extortion gang's hack of a file-transfer program popular with corporations could have widespread global impact. Initial data-theft victims include the BBC, British Airways and Nova Scotia's government.
