 |
|
|
|||||
Following the shutdown of an alternative app store, Apple has accused the European Commission (EC) of using political delay tactics as an excuse to probe and fine the company, Bloomberg reported. Apple issued the statement preemptively as commission is reportedly preparing to blame Apple for the shutdown of third-party app store Setapp due to what the developer called still-evolving and complex business terms.As part of an EU ruling, Apple was forced to allow third-party marketplaces for apps once the Digital Markets Act (DMA) took effect in 2024. Apple agreed to allow such stores, but implemented fees of 0.50 per installation if the number of downloads exceeded one million, among other rules.In April 2025, the EC found Apple to be in non-compliance with the DMA over rules on steering users to alternative payments and levied a $500 million fine. In June last year, Apple said it would change its pricing for third-party App Stores to a five percent revenue share called the Core Technology Commission (CTC).However, Apple said that the EC has so far refused to allow those changes. In the meantime, a developer called MacPaw shut down its fledgling Setapp store, saying Apples terms dont fit Setapps current business model due to the complexity. As a result, the EC will reportedly rule that Apple hasnt addressed the key issues it raised regarding business terms, including their complexity.The European Commission has refused to let us implement the very changes that they requested, Apple said in a statement to Bloomberg. In October, we submitted a formal compliance plan and they have yet to respond. The EC is using political delay tactics to mislead the public, move the goal posts, and unfairly target an American company with burdensome investigations and onerous fines.In reply, an EC spokesperson told Engadget that its in constant contact with Apple with the aim of finding a DMA-compliant solution. The Commissions main objective is that gatekeepers operate in full compliance with the DMA. The Commission is available to discuss and work with gatekeepers to achieve full compliance. In this context, the Commission has been in a constant dialogue with Apple to solve all pending issues, while also listening to developers from all over the world. We remain committed to this exchange to find a DMA compliant solution.This article originally appeared on Engadget at https://www.engadget.com/big-tech/apple-accuses-europe-of-delay-tactics-following-alternative-app-store-collapse-124701591.html?src=rss
Category:
Marketing and Advertising
Financial flexibility is moving past the checkout page. OnePay a fintech majority-owned by Walmart has partnered with Klarna to launch Swipe to Finance.
Category:
Marketing and Advertising
TikTok has finalized the deal for its US entity, with its parent company ByteDance selling majority of its stake to a group of non-Chinese investors. The deal was closed just before the Trump Administrations latest deadline, banning the app in the US unless it was divested from ByteDance, which will only retain 20 percent of the new entity. TikToks investors will own 80 percent, with Oracle, Silver Lake and MGX, an Emirati-state owned investment firm, taking 15 percent each. Other investors include the investment firm of Dells CEO. The terms of the deal were first leaked last month, after TikTok CEO Shou Chew reportedly told employees in a memo that TikTok and ByteDance had agreed to a group of investors. This ends a lengthy saga and months of slow progress as the agreement was being worked out, ensuring that the app will remain available in the US after years of being on the verge of a ban in the country. According to TikToks announcement, the joint venture will protect American users data with Oracle's secure US cloud environment. It will also retrain TikToks algorithm on US users data and will be in charge of content moderation in the US. The entity promises interoperability, as well, promising that users will still get international content and, if theyre a creator, viewers. The safeguards provided by the Joint Venture will also cover CapCut, and Lemon8 and a portfolio of other apps and websites in the US, TikTok said. The new entity will be overseen by a seven-member board of directors, most of whom are Americans. It includes, Shou Chew, the Chief Executive Officer of TikTok, Silver Lake co-CEO Egon Durban, Oracle Executive Vice President Kenneth Glueck and MGX Chief Strategy and Safety Officer David Scott. This article originally appeared on Engadget at https://www.engadget.com/big-tech/tiktok-finalizes-deal-for-its-us-entity-010543484.html?src=rss
Category:
Marketing and Advertising
All news |
||||||||||||||||||
|
||||||||||||||||||