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Despite pandemic, gaming is well-positioned to withstand recession


The Trump administration has full authority to ride to the rescue, and they did… but only for large religious organizations.”n”,”protected”:false},”excerpt”:”rendered”:”

Under new guidance issued by the Small Business Administration it seems non-profits and faith-based groups can apply for the Paycheck Protection Program loans designed to keep small business afloat during the COVID-19 epidemic, but most venture-backed companies are still not covered. Late Friday night, the Treasury Department updated its rules regarding the “affiliation” of private […]n”,”protected”:false,”author”:59254947,”featured_media”:1492196,”comment_status”:”open”,”ping_status”:”closed”,”sticky”:false,”template”:””,”format”:”standard”,”meta”:”outcome”:””,”status”:””,”crunchbase_tag”:0,”amp_status”:””,”relegenceEntities”:[],”relegenceSubjects”:[],”jetpack_publicize_message”:”New guidance on SBA loans means most startups are still excluded from $349 billion stimulus https://tcrn.ch/2RdcNR7 by @jshieber”,”categories”:[17396],”tags”:[8055,449551558,4308,183,4269,1677681,28559,576608870,449557040,7955740,28953935,1417,27683,29172,4800,780654,449560001,429561611,449558092,449557049,178729106,202],”crunchbase_tag”:[],”tc_stories_tax”:[],”tc_event”:[],”jetpack_featured_media_url”:”https://techcrunch.com/wp-content/uploads/2017/05/net-neutrality-capitol.jpg”,”jetpack_publicize_connections”:[],”shortlink”:”https://tcrn.ch/2RdcNR7″,”rapidData”:”pt”:””,”pct”:””,”featured”:false,”subtitle”:””,”fundingRound”:false,”seoTitle”:””,”seoDescription”:””,”premiumContent”:false,”premiumCutoffPercent”:1,”tc_cb_mapping”:[“slug”:”money”,”cb_name”:”Money”,”cb_slug”:”money-organization”,”cb_link”:”https://crunchbase.com/organization/money”,”slug”:”mark-suster”,”cb_name”:”Mark Suster”,”cb_slug”:”mark-suster-person”,”cb_link”:”https://crunchbase.com/person/mark-suster”,”slug”:”general-catalyst”,”cb_name”:”General Catalyst”,”cb_slug”:”general-catalyst-partners-organization”,”cb_link”:”https://crunchbase.com/organization/general-catalyst-partners”,”slug”:”kevin-mccarthy”,”cb_name”:”Kevin McCarthy”,”cb_slug”:”kevin-mccarthy-10-person”,”cb_link”:”https://crunchbase.com/person/kevin-mccarthy-10″,”slug”:”upfront-ventures”,”cb_name”:”Upfront Ventures”,”cb_slug”:”upfront-ventures-organization”,”cb_link”:”https://crunchbase.com/organization/upfront-ventures”],”associatedEvent”:null,”event”:null,”authors”:[59254947],”hideFeaturedImage”:false,”_links”:”self”:[“href”:”https://techcrunch.com/wp-json/wp/v2/posts/1969572″],”collection”:[“href”:”https://techcrunch.com/wp-json/wp/v2/posts”],”about”:[“href”:”https://techcrunch.com/wp-json/wp/v2/types/post”],”replies”:[“embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/comments?post=1969572″],”version-history”:[“count”:2,”href”:”https://techcrunch.com/wp-json/wp/v2/posts/1969572/revisions”],”predecessor-version”:[“id”:1970299,”href”:”https://techcrunch.com/wp-json/wp/v2/posts/1969572/revisions/1970299″],”authors”:[“embeddable”:true,”href”:”https://techcrunch.com/wp-json/tc/v1/users/59254947″],”https://techcrunch.com/edit”:[“href”:”https://techcrunch.com/wp-admin/post.php?post=1969572&action=edit”],”author”:[“embeddable”:true,”href”:”https://techcrunch.com/wp-json/tc/v1/users/59254947″],”wp:featuredmedia”:[“embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/media/1492196″],”wp:attachment”:[“href”:”https://techcrunch.com/wp-json/wp/v2/media?parent=1969572″],”wp:term”:[“taxonomy”:”category”,”embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/categories?post=1969572″,”taxonomy”:”post_tag”,”embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/tags?post=1969572″,”taxonomy”:”_tc_cb_tag_taxonomy”,”embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/crunchbase_tag?post=1969572″,”taxonomy”:”tc_stories_tax”,”embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/tc_stories_tax?post=1969572″,”taxonomy”:”tc_event”,”embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/tc_event?post=1969572″],”curies”:[“name”:”wp”,”href”:”https://api.w.org/rel”,”templated”:true],”_embedded”:{“authors”:[“id”:59254947,”name”:”Jonathan Shieber”,”url”:””,”description”:””,”link”:”https://techcrunch.com/author/jonathan-shieber/”,”slug”:”jonathan-shieber”,”avatar_urls”:”24″:”https://secure.gravatar.com/avatar/a81fccb1686f7db1afd1c14a019b5bc1?s=24&d=identicon&r=g”,”48″:”https://secure.gravatar.com/avatar/a81fccb1686f7db1afd1c14a019b5bc1?s=48&d=identicon&r=g”,”96″:”https://secure.gravatar.com/avatar/a81fccb1686f7db1afd1c14a019b5bc1?s=96&d=identicon&r=g”,”links”:”twitter”:”https://twitter.com/jshieber”,”linkedin”:”https://www.linkedin.com/pub/jonathan-shieber/0/baa/b27″,”crunchbase”:”https://www.crunchbase.com/person/jonathan-shieber”,”position”:”Writer”,”cbDescription”:”

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Welcome back to This Week in Apps, the Extra Crunch series that recaps the latest OS news, the applications they support and the money that flows through it all.n

The app industry saw a recordu00a0204 billion downloadsu00a0and $120 billion in consumer spending in 2019, according to App Annieu2019s u201cState of Mobileu201d annual report. People are now spending 3 hours and 40 minutes per day using apps, rivaling TV. Apps arenu2019t just a way to pass idle hours u2014 theyu2019re a big business. In 2019, mobile-first companies had a combined $544 billion valuation, 6.5x higher than those without a mobile focus.n

In this Extra Crunch series, we help you keep up with the latest news from the world of apps, delivered on a weekly basis.n

This week, weu2019re continuing our special coverage of how the COVID-19 outbreak is impacting apps and the wider mobile app industry u2014 or rather, the boost many apps are receiving as a result. In fact, the first quarter saw consumer spending hit record levels in Q1 as everyone was staying indoors. But as some apps shoot up the charts, scrutiny over their practices increases. This week saw No. 1 app Zoom defending itself against a host of complaints over security issues, for example, while social video app Houseparty defended itself against a possible smear campaign. There’s also a new app from the Pinterest CEO for tracking the spread of COVID-19.n

Also this week: more leaks about the new version of iOS, Apple bought Dark Sky, Niantic pivoted, TikTok moved up the charts and more.n

Coronavirus/COVID-19 special coveragen

Pinterest CEO, scientists team up on COVID-19 tracking appn

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