Apple has submitted a new proposal for commissions on purchases made through external links in iOS apps, suggesting a 15% fee for standard apps and reduced rates for small developers and special programs. Small businesses would pay 5%, while participants in Apple's Video, News, and Mini Apps Partner Programs would pay 10%. Subscription renewals would also be charged at 10%. This move comes amid Apple's ongoing legal battle with Epic Games over App Store commission policies, after the Supreme Court rejected Apple's request to delay lower court proceedings. Apple argues these fees help cover the costs of maintaining the App Store and compares its rates to Google Play's, which are similar.
Jefferies downgraded Apple stock to sell amid concerns over high valuation, a modest recent quarter, and the cancellation of an all-glass iPhone. However, Apple’s AI advancements, including on-device AI and personalized intelligence, are seen as key ...
Apple announced a $60 billion manufacturing facility in Houston, Texas, focusing on Mac mini production and a manufacturing school, marking a key moment before CEO Tim Cook steps down on Sept. 1. The investment is part of Apple's broader U.S. commitm...
Global companies are integrating Chinese technology in key sectors like artificial intelligence, electric vehicle batteries, and automotive software due to China's technological advances, scale, and supply-chain depth. Despite US efforts to curb Chin...
The Vanguard Information Technology Index Fund ETF (VGT) offers exposure to hundreds of tech stocks but is heavily concentrated in just three companies: NVIDIA, Apple, and Microsoft, which together make up over 40% of the portfolio. This concentratio...
Apple has issued new notifications to users in 110 countries warning them of spyware attacks targeting their iPhones, iPads, or Macs. These alerts, sent directly to device lock screens, emails, and account logins, inform users about government-grade ...
