Spotify Technology SA, owner of the Tinder Match Group Inc., computer game developer Epic Games Inc and ten other companies have formed a coalition to put pressure on Apple Inc and other app store operators to change placement rules, according to The Wall Street Journal.
In the statement from The Coalition for App Fairness, (“Coalition for Equity in Applications”) – a non-profit organization registered in Washington – it is said that most application stores charge excessive fees from software developers for digital purchases of users and undermine competition by providing unfair advantages to their own products and services.
“Our members want all application developers to have the equal opportunities to innovate and engage in trade free of draconian policies, unfair taxes or monopoly control “, – said in a statement on the website of the organization.
As a community-based organization, the new coalition plans to seek regulatory changes in the management of application stores, said the group spokeswoman.
The coalition also includes Proton Technologies AG, which owns the mail service ProtonMail, News Media Europe trade group, developer of the project management services Basecamp, Tile, Deezer and others.
Epic in August filed the lawsuit against Apple and Alphabet Inc., accusing the company of violating antitrust laws after they removed the popular Fortnite game from their app stores.
According to the coalition spokesman, the creation of the group is not a reaction to Epic’s lawsuits, but this decision was made during the negotiations with developers about their experience of using application stores and the desire for change.
Apple has announced that it will hold a presentation of new products next week – the third since the beginning of 2020. According to the company’s website, the event will be broadcast from the head office in California on Tuesday, November 10. The company announces the event with the words “One More Thing”. This phrase, […]
Shares of Amazon, which rose by 73.8% since the beginning of the year (more than the growth of Apple, Microsoft, Google and Facebook), fell 2% after closing trading on Thursday, when the company released a report for the 3rd quarter, which ended September 30. Amazon set a new revenue record, e-commerce increased sales by 57% […]
According to trading data, securities of the microblogging service Twitter Inc. after the close of the main trading session in the US fell in price by more than 17%, also according to financial statements, in the red were the shares of US technology giants Amazon, Apple and Facebook, only Alphabet reporting pleased investors. Thus, shares […]
South Korean company Samsung Electronics in the third quarter of this year took first place in the global smartphone market. This was reported on Friday by KBS, citing data from the international research company Counterpoint Research. According to this data, during this period, Samsung controlled 22% of the world market. In second place is the […]
American gadget manufacturer Apple Inc. in July-September reduced net income to $ 12.67 billion, or $ 0.73 per share, compared to $ 13.68 billion, or $ 0.76 per share, for the same period in 2019. Stock analysts forecast a rate of $ 0.71 per share. Apple’s quarterly revenue grew 1% year on year to $ […]
Apple has intensified work on its own search service, which will become a competitor to Google, writes the Financial Times, citing interlocutors in the mobile industry. One of the signs of this, the interlocutors called the fact that after updating the iOS operating system, Apple began to show its own search results and provide direct […]
In the last week of October, investors expect a lot of news, as more than one-third of the components of the S&P 500 index, or 186 companies, must report financial results for the third quarter. The information field is even richer given the election race in the United States, the situation with the pandemic and […]
Created by Bill Gates, Microsoft third time topped the annual ranking of the 100 most responsible US corporations. This was announced by Forbes on Wednesday, October 14. Also in the top five of the updated list, in addition to Microsoft, included only technological giants – NVIDIA, Apple, Intel Alphabet. “Forbes compiled the rating together with […]
The price of oil in September will remain low, perhaps even a slight decrease from current levels below $ 40 per barrel. In October, the downward trend is likely to be interrupted and a gradual growth will begin, which will accelerate in November and December, according to TASS experts. “There will be no serious drop […]Next
The net profit of the world’s largest production and reserves of Saudi oil company Saudi Aramco in 2020 amounted to $ 49 billion against $ 88.2 billion a year earlier. The decrease was 1.8 times, according to company reports. It is noted that 2020 has become one of the most difficult in the history of […]Next
The capacity of installed solar energy facilities in Ukraine will increase up to 3 GW by 2020. Vitaliy Daviy, CEO of IB Center Europe, made such forecast for the development of the industry at CISOLAR 2019 the 8th Solar Energy Conference in Kiev. As of April 1, 2019, more than 2.2 GW of solar energy […]Next
The State Property Fund of Ukraine has chosen a company that will reassess the package of the state-owned shares of PJSC “President-Hotel” in the amount of 100% of the share capital. The winner of the contest, which was on July 27, 2016, was the company LTD “M Consulting.” The winner is required to conduct an […]Next
Visa signs partnership agreement with FTSE250 TBC Bank’s Space, the first Georgian neobank, to develop innovative banking solutions in Georgia and beyond in the growing digital payments landscape. TBILISI, 14 November 2019 – Visa, the world’s leader in digital payments, and Space, the first fully digital bank in Georgia, today announced they have signed a […]Next
The CEOs of UBS Group AG and Credit Suisse Group AG plan to merge their businesses to create one of the largest banks in Europe. This was announced on Saturday, April 10, Bloomberg. According to the analytical publication, the Swiss financial holding Credit Suisse intends to merge with market leader UBS Group to cover losses […]Next
A major manufacturer of products, Unilever Company intends to launch a tea factory in the Kiev region in the second half of 2016. The company has already invested in the project € 8.3 million. “Unilever will launch its own tea factory in Gostomel. Unilever works on the project from the middle of 2015, and at […]Next
The price of May futures for Brent oil on Thursday, March 18, on the London Stock Exchange ICE, fell below $ 62 per barrel, according to trading data. Thus, the price of May futures for Brent oil on the London Stock Exchange ICE lowered by 9% and fell below $ 62 per barrel to $ […]Next
In September Egyptian billionaire Naguib Sawiris said in his twitter about of his thoughts of ??buying the island somewhere in Greece or in Italy, to settle migrants and refugees there. This proposal was very popular in twitter, so Sawiris, who is one of the ten richest people in Africa, whose fortune is estimated at $ […]Next
Rambler buys part of the software development company UCS. The amount of the agreement at the moment were not disclosed. UCS is the owner or service that controls cafes and hotels, and theater ticket reservation system. The acquisition will make Rambler the first Internet company with applications for business and entertainment in b2b and b2c […]Next
There are no grounds for devaluation of the hryvnia to UAH 30 / $. This was stated by Finance Minister, Serhiy Marchenko in an interview with Focus. “I do not see the preconditions for the course to reach such a value. And I do not see any tools with which anyone can influence the course […]Next
El Salvador was the first in the world to legalize bitcoin as an official means of payment. Such a law was passed by the country’s parliament. 62 parliamentarians supported the bill, 19 voted against, and three abstained. President Nayib Bukele intends to sign the law soon, after which it will take effect “immediately”. Thus, accepting […]Next
Mobile operator lifecell sold its sister company telecommunication towers in Ukraine. The Ukrtower Company will pay minimum $ 52 million plus taxes for 811 objects. This is stated in the message of the owner of the company – Turkish Turkcell Holding. According to the report, the resolution on the transaction was carried by the Turkish […]Next
The founder of Tesla and SpaceX, Elon Musk, became the highest paid CEO in the United States last year, according to Forbes magazine. The publication reminds that in 2018 Musk gave up his salary at Tesla. Instead, he receives a reward in the form of options on the company’s shares. In 2020, the businessman received […]Next
The Luxembourg National Data Protection Commission has fined Amazon $ 887 million for violating the processing of users’ personal data. The Commission has decided that the processing of Amazon’s personal data does not comply with EU data protection regulations. Claims are related to showing customers relevant advertising. This is a record fine for such violations […]Next
At the Tesla Battery Day event, its founder Elon Musk announced the plans to build a budget electric car for $ 25,000 using a much cheaper battery. If the plans will be realized, the new car will be the most budgetable in the Tesla line. Nowadays the company’s cheapest model – sedan Model 3 – […]Next