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Apple to cut app store fees as legal scrutiny intensifies - Black News Channel

  • Nov 18, 2020
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By MICHAEL LIEDTKE AP Technology Writer SAN RAMON, Calif. (AP) — Apple will cut its app store commissions in half for most developers beginning next year amid an intensifying debate about whether the iPhone maker has been using the fees to unfairly fatten its profits and stifle rivals competing against its own music, video, and other subscription services. The concession announced Wednesday will lower Apple's commissions for in-app subscriptions and other purchases from the 30% rate that has been in place since 2008 to 15%, effective Jan. 1. But the discount will only apply to developers with app store revenue […]

The post Apple to cut app store fees as legal scrutiny intensifies appeared first on Black News Channel.

Source: Black News Channel - Black News Channel

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