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 American information technology giant of Microsoft intends to buy the creator and developer of games ZeniMax Media for $ 7.5 billion. “On Monday, Microsoft announced plans to acquire ZeniMax Media, parent company for Bethesda Softworks, one of the world’s largest private developers and game publishers … Under the terms of the agreement, Microsoft will […]
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Tesla Inc. of Elon Musk will export Model 3 electric cars made in China to Europe. This was reported by the Interfax-Ukraine news agency with reference to the company’s statement. The first batch of 7,000 cars will be shipped from the port of Shanghai on October 27. They are expected to reach the Belgian port […]
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The most popular cryptocurrency bitcoin has risen again to 60 thousand dollars. Its value increases on the news of a possible reduction in supply. Reuters writes about it. Note that bitcoin first took this bar on March 13, reaching a record high of $ 61,781.83 on the Bitstamp exchange. This came immediately after US President […]
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In 2017, stops its work another bank in Ukraine. This is the PJSC Bank Trust . The decision on liquidation of the financial institution was taken on December 29th at the meeting of the National Bank of Ukraine. Information about this was also posted on the official resource of Guarantee Fund deposits of natural persons. […]
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“Metinvest Holding” LLC, the management company of the largest Ukrainian mining and steel group “Metinvest”, filed a lawsuit to the Alchevsk Metallurgical Plant (ALMK, registered in Severodonetsk, Luhansk region), included in the corporation “ISD” and “Metinvest-SMC” LLC on totaling more than 5.8 billion UAH. The Commercial Court of Kiev began the production and adopted a […]
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At the pharmaceutical plant “Kusum Pharm” in Sumy by the end of 2019 the production will be doubled, which will allow to produce up to 50 new names of drugs. This will be possible thanks to the implementation of the import substitution program. This was told reporters co-founder and CEO Rajeev Gupta, during an official […]
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Olena Prytula, editor-founder of the Ukrainska pravda online publication, and Tomasz Fiala, CEO of Dragon Capital, have entered into an agreement under which 100% of the corporate rights to the publication and all its assets will pass to the Dragon Capital Group. This was reported on the website of the investment company. It is noted […]
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Polish oil and gas company PGNiG has postponed the start of gas exploration in Ukraine to the first half of 2021, said the head of the company Jerzy Kwentczycki. “PGNiG also intends to participate more actively in projects related to hydrocarbon production in Ukraine. The company plans to start exploring of the natural gas in […]
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American carmaker Ford is recalling more than 661,000 Ford Explorer crossovers in North America due to problems with disconnecting the roof rails. Reuters reported this the day before. The US National Highway Traffic Safety Administration requested a recall. If necessary, the dealer will install special pins and replace the damage. Since the beginning of 2020, […]
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A metallurgical complex Arcelor Mittal (Kryvyi Rih) will be forced to pay a fine of 72 million UAH. It was decided by the Dnipropetrovsk Commercial Court of Appeal to satisfy the claim against the industrial complex in the case of exceeding the level of pollutant emissions into the atmosphere. The case was opened on the […]
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On Tuesday, the world’s largest manufacturer of jeans and casual wear, Levi Strauss, announced better than expected results of its 3rd financial quarter, which ended on August 23. The company reported the profits of $ 27 million, after the loss of $ 364 million in the second quarter, when Levi was forced to cut 15% […]
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Representatives of the Russian corporation Hotel Development reported the signing of an agreement for the sale of the hotel Radisson Blu Hotel Kiev Podol, previously owned by foreign shareholders. Estimated value of the transaction is approximately $ 10 million. With regard to information about the new owner of the four-star hotel in the prestigious district […]
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PayPal Holdings has fulfilled its promise made last month by making its PayPal Cryptocurrency application available to all registered users in the United States. On October 21, the service was launched in test mode for a limited number of users. Commenting on the November 2 financial report, PayPal CEO Dan Shulman said that only 10% […]
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On Wednesday, August 18, Ukrspetsexport signed a framework contract with the Turkish THK Teknik A.Ş. to establish a repair base for Mi-17 helicopters in Turkey. According to Ukroboronprom, the document was signed during the international exhibition of the defense industry IDEF-2021. The contract provides for the repair of equipment of Turkish customers and the execution […]
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Lauffer Group plans to increase investment in its bakeries in Kharkiv to 10 million UAH, – writes the press service of the company. According to the head of the business Lauffer Group in Kharkov, Bogdan Alexandrov, in 2015 the company invested in Kharkiv bakeries 4 million UAH. “Re-equipment of the production was carried out in […]
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During the first six months of 2021, the Ministry of Finance attracted UAH 257.8 billion in loans or 76.6% of the plan from the state budget. This was reported on the website of the department on Friday, July 2. UAH 211.4 billion was attracted to the budget from the placement of IGLBs, including UAH 59.7 […]
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