Apple Reduces App Store Commission to 15% for Smaller Developers
Apple today announced the "App Store Small Business Program", which amounts to a major reduction of the company's controversial 30% commission from app developers. Starting January 1, 2021, businesses earning $1 million or less in annual proceeds can apply for the program and enjoy a reduced commission of 15% on paid apps and in-app purchases, instead of the usual 30%. Apple has faced increased pressure this year to change its rules and lower its commission rates. Epic Games and Spotify have been most vocal, and helped form the Coalition for App Fairness lobbying group. Google also charges a 30% commission for its app store. According to Apple, its App Store ecosystem facilitated $519 billion in commerce worldwide in 2019.
Oct 18, 2018
Google today updated its Play Store developer tools, giving app writers more latitude to build and test their apps. To start, the Android App Bundle should allow for downloads that are 8% smaller, and on-device packages that are 16% smaller.
Mar 30, 2018
Huawei plans to soldier on in the U.S. market despite recent setbacks.
Jun 11, 2018
American consumers are no longer protected by the net neutrality regulations put in place in 2015 by the Obama administration. The rules were voted down by the Republican-led FCC in December 2017 and effectively evaporate today.
May 27, 2020
This summer, Samsung will launch Samsung Money by SoFi, a new financial product integrated with Samsung Pay. Like Apple Card, Samsung Money can be used as a payment method with the wallet app (Samsung Pay), the account is managed within the wallet app, and the product also includes a physical payment card.
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