the wildly popular video game, from its App Store after the game's parent company Epic Games added a new direct payment option, which allows players to make in-game purchases.
Developers have long taken issue with Apple's commission fee, saying the high cut gives the company and its own services an unfair advantage in the market. For example, a new email app called Hey saidas an in-app purchase in mid-June. Doing so would allow Apple to take a cut from those profits. One of the Representatives, Hank Johnson, said during the hearing that Apple's position as the operator of the App Store gives the company "immense power over small businesses." Lawmakers also questioned Cook over whether the company applies the same policies to all developers.
It's because of these types of practices US Congress went after BigTech! Curious how the platform businessmodel of Facebook, Amazon, Apple & Google is related to possible abuse of market power & violation of rules around privacy & ethics? 👇👇
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside Santa Barbara County, Prince Harry and Meghan Markle's new home - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Why do we need to talk about it? They are cute they are loved It here in covid it’s harsh just relax be happy enjoy things cuz life is going to get harder
Source: BusinessInsider - 🏆 729. / 51 Read more »
Inside Sunrun strategy to provide clean power from customer batteries - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Epic Games bypasses Apple, Google with new 'Fortnite' payment method - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Business Insider Subscription - Sign up TodayAs a BI subscriber, we’ll take you inside the companies you care about, industry analysis on new trends, and important interviews and info you can’t afford to miss. Subscribe now for up to 50% off your annual subscription
Source: BusinessInsider - 🏆 729. / 51 Read more »