Following a court judgment, Apple may have no choice but to cut the fees it charges developers to sell their apps in the App Store.
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Apple’s shares inched higher on Monday after losing about $84-billion in market value in the previous session.
Android app makers suing to stop Google from siphoning up to 30% of their sales received little reassurance about their chances on Friday as a judge allowed a comparable fee charged by Apple to stand.
Fortnite maker Epic Games plans to appeal a ruling in its antitrust case against Apple after a federal judge on Friday handed down a mixed decision.
A US judge on Friday issued a ruling in Fortnite creator Epic Games’ antitrust lawsuit against Apple’s App Store, striking down some of Apple’s restrictions on how developers can collect payments in apps.
Apple will loosen rules on its App Store that have banned companies like Netflix from providing customers a link to create a paid account to bypass Apple’s in-app purchase commissions.
Apple settled a wide-ranging class action lawsuit with US app makers on Thursday, announcing changes to the App Store such as giving developers more flexibility to advertise outside payment methods.
Dragoneer Investment Group is expected to lead an investment that would value popular videogame chat platform Discord at about $15-billion, according to people familiar with the matter.
South Korea is poised to become the first country to impose curbs on the lucrative app stores run by Apple and Google, setting up a potential showdown with the Biden administration.
US federal judge Yvonne Gonzalez Rogers held unconventional closing arguments on Monday in the antitrust trial between Epic Games and Apple.