DIRS.INFO The most relevant business & tech news

☆ The Super Bowl is still definitely happening at 6:30 ET — and we're still writing these stories?
▼ + stars: | 2024-02-09 | by ( Peter Kafka | ) www.businessinsider.com time to read: +4 min

The Super Bowl starts at 6:30 p.m. Eastern on Sunday when the Kansas City Chiefs play the San Francisco 49ers. CBS will broadcast the event, which will be played at Allegiant Stadium in Las Vegas, Nevada. Doesn’t matter: Publishers around the world are putting up versions of this story, anyway — with the same keyword-laden text. AdvertisementAs I’m typing this, NBC is currently Google’s top-ranked search result for “What time is the Super Bowl," followed by CBS , which — again — is actually broadcasting the event. And yes: One reason that publishers do these things is because “What time is the Super Bowl?” is a query many people have.

Persons: Taylor Swift, They’ve, —, There’s, I’m, St . Paul, we’re Organizations: Super, Kansas City Chiefs, San Francisco 49ers, CBS, Allegiant, Publishers, Business, NBC, Kentucky’s, Hearst, New York Times, Google, St ., St . Paul Pioneer Press Locations: Las Vegas , Nevada, Louisville

☆ Stocks making the biggest moves premarket: PepsiCo, Cloudflare, Pinterest, Expedia and more
▼ + stars: | 2024-02-09 | by ( Sarah Min | ) www.cnbc.com time to read: +4 min

Cloudflare — Shares surged 27% after the cloud services provider topped analysts' expectations in its fourth quarter. Cloudflare reported adjusted earnings of 15 cents per share on revenue of $362 million. Expedia reported earnings of $1.72 per share on revenue of $2.89 billion, higher than the $1.68 on $2.88 billion analysts had expected. Illumina — Shares dropped 4% even after the company reported fourth-quarter results that topped expectations, according to FactSet consensus estimates. Take-Two also reported adjusted earnings of 71 cents per share, slightly missing the FactSet consensus estimate for 72 cents earnings per share.

Persons: Cloudflare, LSEG, Pinterest, Expedia, Peter Kern, Ariane Gorin, CleanSpark, ClearnSpark, Illumina, Bill Holdings, Bill, — CNBC's Michelle Fox Lisa Kailai Han, Jesse Pound Organizations: PepsiCo, Revenue, Pepsi, FactSet . Revenue, United Airlines —, ISI, Newell, Newell Brands, FactSet

☆ The biggest winners and losers from the new sports streaming service
▼ + stars: | 2024-02-08 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. ESPN, Warner Bros., and Fox announced plans this week for a new sports streaming service set to launch this fall . That could put an end to cable TV as we know it , Nathan McAlone, Business Insider's deputy media editor, writes. Ashley Rodriguez, BI's media editor, has a breakdown of the six biggest questions about this new sports streamer . Games on YouTubeTV, for example, are noticeably delayed compared to cable TV broadcasts .

Persons: —, Katie Notopoulos, David Jensen, Nathan McAlone, it's, Ashley Rodriguez, Peter Kafka, BI's, Peter, Nathan, Ashley —, We've, Ashley, Fox, Rick Wilking, Reuters Leon Cooperman, Marc Rubinstein, Yi Huiman, Xi Jinping, Jordan Hart, It's, Justin Metz, Blackstone, Bob Iger, Donald Trump, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb, George Glover Organizations: Business, Service, ESPN, Warner Bros, Fox, ESPN2, ABC, FOX, Peter : Media, Nathan, Warner Bros ., NFL, Cable, Comcast, Paramount, Reuters, Signature Bank, New York Community Bancorp, Securities, Commission, that's, Apple Vision, Microsoft, BI, of Foreign Labor, Apollo, KKR, Bain Capital, Disney, Epic Games, ConocoPhillips, US Locations: New, China, Beijing, New York, London

☆ New sports streamer will change TV as we know it — and may start an industry fight. Execs tell me what they really think.
▼ + stars: | 2024-02-07 | by ( Peter Kafka | ) www.businessinsider.com time to read: +8 min

The new sports streamer that Disney, Warner Bros., and Fox announced Tuesday is a really big deal that could reshape TV . And then they charge the big pay TV distributors a ton to carry their broadcasts of those games. Which may explain why, up until Tuesday, they hadn't told any of the pay TV companies or sports leagues about their plans, industry executives tell me. But if you're the kind of person who's buying an antenna to watch sports TV, you're not going to buy this thing anyway.) Also: The big TV guys didn't like it in 2015 when HBO started competing with them by selling itself as a stand-alone service.

Persons: they're, Nathan McAlone, Nathan, Justin Casterline, Peacock, John W, I'm, Michael Nathanson, —, they'd Organizations: Service, Warner Bros, Fox, Business, NFL, CBS, NBC, Hulu, YouTube, Disney, ESPN, Warner Bros ., Comcast, Sports, McDonough, Getty, NBA, TNT, TBS, DirecTV, Verizon, AT, HBO

☆ ESPN, Fox, and Warner Bros are launching a new sports streaming service. It could change TV forever.
▼ + stars: | 2024-02-06 | by ( Peter Kafka | ) www.businessinsider.com time to read: +3 min

Now combine them on one streaming service. That's what's coming this fall, via a new joint venture, co-owned by Disney, Warner Bros. AdvertisementPeople who are already watching sports on Disney-owned ESPN and the other channels that are joining the joint venture won't lose access to those games, which will stay on the linear channels. Icon Sportswire/Getty ImagesIt's worth noting that all three TV giants have tried a version of a streaming joint venture before. The company that was formerly known as Time Warner, which is now part of Warner Bros.

Persons: —, That's, Disney's, Fox, Time Warner Organizations: Service, ESPN, ABC, Fox, TNT, TBS, Disney, Warner Bros, Fox Corp, Business, NFL, —, CBS, NBC, Discovery, Hulu, Time

☆ YouTube has become one of the biggest pay TV services in the US
▼ + stars: | 2024-02-06 | by ( Peter Kafka | ) www.businessinsider.com time to read: +3 min

YouTube TV is now the fourth-biggest pay TV service in the US. It's here now: Its YouTube TV offering has become one of the biggest pay-TV services in the US. YouTube TV — which, like conventional pay TV, sells a bundle of dozens of channels — now has "more than 8 million" subscribers, YouTube CEO Neal Mohan announced Tuesday morning. Now comes the other part of the equation: As YouTube TV has grown, conventional pay TV has shrunk. And it's partly because some pay TV providers — like Comcast — have stopped trying to convince customers to keep or get pay TV.

Persons: —, Neal Mohan, there's Organizations: Google, YouTube, Service, Charter, Comcast, DirecTV, NFL

☆ Apple's Vision Pro is meant to be used when you're alone. You look weird if you wear it in public — at least for now.
▼ + stars: | 2024-02-05 | by ( Peter Kafka | ) www.businessinsider.com time to read: +5 min

Apple thinks you're going to use the Apple Vision Pro by yourself. AdvertisementLast week, Apple debuted its Vision Pro headsets, which meant lots of people took the opportunity to show the world what it looked like to wear Apple Vision Pro. (Heads up: If you call it "The Apple Vision Pro," Apple won't like it .) But a video of yourself wearing an Apple Vision Pro in your house isn't enough to stand out in the Attention Economy. If you really want to get some eyeballs, you need to show yourself wearing the Vision Pro outside.

Persons: Apple, — Organizations: Apple, Service, Apple Vision

☆ The latest way workers want to upend the workplace is a blast from the past
▼ + stars: | 2024-02-05 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

What's on deck:This story is available exclusively to Business Insider subscribers. Long considered the bane of white-collar workers' existence, people now view cubicles as a sanctuary instead of a jail cell. AdvertisementCalling for a return to the cubes might seem odd when so many are pushing to evolve the workplace. Experts told Business Insider that a wave of retiring Boomers means the generation will soon be at "peak burden" to the economy. Get in touchAdvertisementinsidertoday@insider.comTo read unlimited articles, subscribe to Business Insider.

Persons: —, It's, Rebecca Zisser, Long, Kelli María Korducki, haven't, Korducki, cubicles, Ken Griffin, Vernon Yuen, Jerome Powell, Donald Trump, buybacks, Tammi Jantzen, Joe Rogan, Both Rogan, BI's Peter Kafka, Jenny Chang, Rodriguez, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb Organizations: Service, Business, Corporate, Citadel, Getty, Federal Reserve, Deutsche Bank, Spotify, Bureau of Labor Statistics, Boomers, Caterpillar Inc Locations: Silicon Valley, Wellington, Astarte, China, New York, London

It's the kind of obstruction of key policy objectives for which Orbán has become notorious within the European Union. “We are the sand in the machinery, the stick between the spokes, the splinter under the fingernail,” Orbán said in a speech to tens of thousands of supporters in 2021. Now, frustrated EU officials are trying to determine what Orbán seeks to achieve with his obstructionist strategy, and how they might overcome it. But with his veto power, the nationalist leader will have plenty of further opportunities to sow discord within the EU. Widely considered to be Russian President Vladimir Putin’s closest ally in the EU, Orbán has been accused by his critics of promoting Moscow’s interests over those of his EU and NATO allies, and of preparing to lead his country out of the EU entirely.

Persons: —, Viktor Orbán, Orbán, ” Orbán, Donald Tusk, “, ”, Péter Krekó, ” Krekó, “ Orbán, Daniel Freund, Freund, it’s, he's, Donald Trump, Joe Biden, “ He’s, he’s, Krekó, Vladimir Putin’s Organizations: NATO, European Union, EU, Conservative Political, Green, United, U.S, Trump, Germany, Political Locations: BUDAPEST, Hungary, Brussels, Polish, Ukraine, Budapest, Germany, France, Italy, Europe, United States, Washington, Netherlands, Union

☆ Mark Zuckerberg has had quite the week
▼ + stars: | 2024-02-02 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

In today's big story, we're recapping earnings from three tech giants: Meta, Apple, and Amazon. The big storyMeta's mega-winMark Zuckerberg is smiling: Its profit margins are much improved — and that's partly because of a shrinking headcount. Josh Edelson/AFP/Getty Images ; Isabel Fernandez-Pujol/ BIMark Zuckerberg has had quite the week. It lost $16 billion on the Metaverse in 2023, and Zuckerberg indicated more pain for years to come.) Following the success of Meta's "Year of Efficiency," Zuckerberg said that the company may never go back to large-scale hiring.

Persons: —, Phil doesn't, Zuck, Mark Zuckerberg, Josh Edelson, Isabel Fernandez, Sarah Jackson, Meta, Zuckerberg, BI's Peter Kafka, Peter, Richard Drew, Wall Street's, Rufus, BI's Eugene Kim, Amazon, Aaron Schwartz, Diem, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb Organizations: Service, Apple, Business, Getty, Pujol, Meta, Amazon, Xinhua, Microsoft, Chevron Corporation, ExxonMobil, Cigna Locations: AFP, China, New York, London

☆ I tried the chocolate cake that Ina Garten said is the 'most fabulous' she's ever made, and it's the perfect dessert
▼ + stars: | 2024-02-02 | by ( Anneta Konstantinides | ) www.businessinsider.com time to read: +1 min

Ina Garten doesn't just love Beatty's Chocolate Cake. She said it's "the most fabulous chocolate cake that I've ever made." Garten learned of Beatty's Chocolate Cake from a good friend. "He actually served this cake to me once at dinner and I just begged him for the recipe," Garten said on an episode featuring the cake. Monte Mathews, a friend of Grimm's, shared the story behind the famous cake on his blog Chewing The Fat.

Persons: Ina Garten, Garten, Peter Kramer, Michael Grimm, Beatty, Monte Mathews, Grimm's, Mathews Organizations: NBC, Hamptons Locations: Pennsylvania

☆ Spotify needed Joe Rogan. And Joe Rogan needed Spotify. So they're sticking together.
▼ + stars: | 2024-02-02 | by ( Peter Kafka | ) www.businessinsider.com time to read: +4 min

But it's still going to be a major force in podcasting for years to come — because it's hanging on to Joe Rogan. Spotify says Rogan, the most popular person in podcasting, will be sticking around the platform via a "multiyear" contract. AdvertisementAll of this makes a lot of sense, given the way that podcasting — and Spotify's commitment to podcasting — has changed. That backing almost certainly helped keep Rogan with Spotify for another deal. So instead, this deal means Rogan gets a reliable income source, and Spotify gets the best-known name in the industry.

Persons: —, it's, Joe Rogan, Rogan, Rogan's, Meghan Markle, Prince Harry, Alex Cooper, Cooper, Alex Jones, Neil Young, Rogan didn't Organizations: Service, Spotify, Street Journal, Bloomberg, Business, Apple, YouTube, Edison Research

☆ Meta warns investors that Mark Zuckerberg's love of extreme sports could kill him
▼ + stars: | 2024-02-02 | by ( Peter Kafka | ) www.businessinsider.com time to read: +3 min

Meta CEO Mark Zuckerberg loves extreme sports and other high-risk activities. Now Meta is warning investors that Zuckerberg's risk tolerance could be a problem for the company. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Meta is presumably referring to Zuckerberg's well-documented embrace of all kinds of brotastic fun, including mixed martial arts, hydrofoiling and CrossFit. AdvertisementSo while Meta does take Zuckerberg's well-being very seriously — in 2022 it spent $15 million on personal security for him and his family — it's unlikely they think he's really going to get really, really hurt.

Persons: Mark Zuckerberg, —, Zuckerberg, Meta, Elon Musk, who's, Musk's Tesla, Tesla, he's, Peers, I've Organizations: Service, Meta, SEC, Big Tech, SpaceX, Microsoft, Apple

☆ Meta spent billions to close offices and lay people off. Now we know why.
▼ + stars: | 2024-02-01 | by ( Peter Kafka | ) www.businessinsider.com time to read: +1 min

Meta lost an astonishing $16 billion on the Metaverse last year. One big reason: Even with the Metaverse losses, Meta's margins are way, way better. Well, that's still happening: Last year, Meta lost $16.1 billion on its "Reality Labs" division, the group that brings you things like the Oculus goggles. Those losses are accelerating, too: In the last quarter of 2023, Meta lost $4.6 billion on the Metaverse. This story is available exclusively to Business Insider subscribers.

Persons: Meta, —, Mark Zuckerberg Organizations: Meta, Service, Labs, Business

☆ The video game industry is in trouble. Here's why.
▼ + stars: | 2024-02-01 | by ( Peter Kafka | ) www.businessinsider.com time to read: +5 min

Read previewEven if you don't play video games, you probably know that video games are a really big business. And if you pay attention to the media business, you may also know that by some measures, the video game industry dwarfs Hollywood in terms of revenue . Which leads to layoffs: The games industry shed 8,500 jobs in 2022 and a record 10,500 in 2023, Ball reports. And that also affects the mobile games business, since game-makers use mobile ads to distribute their apps, and to advertise to players once they've downloaded the apps. Now, mobile game ads are more expensive and less precise, which makes it harder to find new customers and harder to make money from the customers they do have.

Persons: —, Matthew Ball, It's, We're, Ball Organizations: Service, Business, Apple, PlayStation

☆ Wait. This guy wants to spend $14 billion on … Paramount?
▼ + stars: | 2024-01-31 | by ( Peter Kafka | ) www.businessinsider.com time to read: +4 min

Media entrepreneur Byron Allen says he wants to buy Paramount for $14.3 billion. Who wants to buy a big TV company these days, anyway? But investors still think it's worth less than $10 billion — meaning they don't think Allen Media is really going to end up owning Paramount. AdvertisementOne answer may simply be skepticism about Allen Media Group and its owner, TV personality-turned-entrepreneur Byron Allen. But no one, to date, has suggested that Paramount is worth anything close to $14 billion.

Persons: Byron Allen, —, Allen Media Group didn't, David Zaslav, Bob Bakish, It's, Robert Fishman dryly, Shari Redstone, David Ellison, who's, Larry Ellison, Allen Organizations: Paramount, Service, Allen Media Group, CBS, MTV, Comedy Central, Allen Media, Weather Channel, ABC, BET, Denver Broncos, Bloomberg, Street Journal, Comcast, Warner Bros Discovery, Apple, Netflix, Biden, Viacom

☆ Now TikTok wants you to turn your phone sideways
▼ + stars: | 2024-01-30 | by ( Peter Kafka | ) www.businessinsider.com time to read: +3 min

After popularizing vertical videos, TikTok is now trying to encourage horizontal ones, too. It's promising to increase views for some creators who submit horizontal videos. Now, TikTok would like you to turn your phone sideways. TikTok is telling creators that if they submit horizontal videos, the platform may "boost" their views. Which would be ironic now that YouTube is spending a lot of effort trying to promote YouTube Shorts — its horizontal TikTok clone.

Persons: It's, —, TikTok, Go90, I've, Instagram Organizations: Service, YouTube, Verizon, Facebook, New York Times, Times

☆ The most-streamed show of 2023 wasn't a Netflix original – but it's still a huge win for the streamer
▼ + stars: | 2024-01-30 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +4 min

Nielsen released data on the most-streamed shows in 2023, and "Suits" came out on top. The analytics firm released its fourth annual end-of-year streaming report, detailing the top television series and movies on streaming platforms in 2023. As a caveat, Nielsen's rankings are by minutes watched — meaning that longer series have an advantage. "Bluey" on Disney+ (43.9 billion), "NCIS" on Netflix and Paramount+ (39.4 billion), "Grey's Anatomy" on Netflix (38.6 billion), and "Cocomelon" on Netflix (36.3 billion) round out the top five. AdvertisementEven the most-watched streaming-original series of the year — "Ted Lasso," with 16.9 billion minutes watched — couldn't crack the top 10 most-viewed television series.

Persons: Nielsen, —, Gilmore, Ted Lasso, Lucia Moses, Peter Kafka, it's, I've, Aaron Korsh Organizations: Netflix, Service, Globes, USA Network, Disney, Paramount, Hollywood, Nielsen

☆ Apple was just forced to crack open its App Store — but the changes are already being called 'hot garbage'
▼ + stars: | 2024-01-27 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +6 min

Apple just did something unthinkable: it opened up its App Store. AdvertisementApple's absolute rule over the App Store has just been broken for the first time since its launch in 2008. Developers in the EU could previously only sell apps through Apple's App Store. It means developers can simply bypass the App Store. Did... did Apple just introduce the equivalent of Unity's runtime install fee... but for all iOS app developers in the EU?!

Persons: —, Peter Kafka, Apple, Tim Sweeney, Tim Sweeny, Rachel Luna, Stringer Apple, Sweeney, Nikita Bier, Eric Seufert, Heracles Capital, Seufert, Ashley Gullen, Z7KMiWEqmD — Ashley Gullen Organizations: Apple, Service, European Union, Digital, Epic, Microsoft, Valve, Heracles, European, Unity, European Commission Locations: iPhones, EU

LIVERPOOL, England (AP) — Jurgen Klopp shocked the soccer world by announcing he will step down as Liverpool manager at the end of this season. Klopp has led Liverpool to a Champions League title and Premier League championship in his tenure after being hired in October 2015. He made the announcement Friday, saying he is “running out of energy.”“I will leave the club at the end of the season. “I love absolutely everything about this club, I love everything about the city, I love everything about our supporters, I love the team. "The outside world want to use that - this decision - to laugh about it, blah, blah, blah.

Persons: — Jurgen Klopp, Klopp, “, ” Klopp, I’m, it’s, didn't, “ Let's, ”, Liverpool, Pepijn Lijnders, Peter Krawietz, Vitor Matos, ___ Organizations: LIVERPOOL, Liverpool, Champions League, Premier League, English League Locations: England, Liverpool

☆ Did Netflix's movie boss leave because he didn't want to make so many movies?
▼ + stars: | 2024-01-26 | by ( Peter Kafka | ) www.businessinsider.com time to read: +3 min

Netflix movie boss Scott Stuber, who joined in 2017, is leaving. AdvertisementOn Monday, when Netflix announced that Scott Stuber, their longtime film boss, was leaving to start his own production company, we wondered what the backstory was. Or, more accurately, one version of the answer: Stuber, who Netflix brought in to ramp up its movie business in 2017, was sick of making so many movies. Related storiesHe also wanted to get those movies into movie theaters, with wide distribution, before they came to Netflix. Sarandos and Bajaria—Stuber's boss since last January—wanted none of that, even though Netflix loses many coveted projects over the theater issue.

Persons: Scott Stuber, —, Ted Sarandos, Bela Bajaria —, — Kim Masters, Matt Belloni, Stuber, Here's, Bela Bajaria, He'd, Chris Nolan wouldn't, Oppenheimer, Belloni, Sarandos, Oscar Organizations: Netflix, Service, — Netflix, Hollywood, Apple, Sundance, Big Bad Locations: Puck, Hollywood

☆ Holy crap, look how small and old 'The Daily Show's' audience has gotten
▼ + stars: | 2024-01-26 | by ( Peter Kafka | ) www.businessinsider.com time to read: +2 min

When Jon Stewart left "The Daily Show" in 2015, he had a modest but meaningful audience on cable TV. When he comes back next month, he'll find that in his absence, the show's audience has gotten much, much smaller. "The Daily Show's" overall audience has shrunk by 75% — from 2.2 million viewers a night to 570,000. And the age of the audience has skyrocketed because younger viewers are barely watching at all. On Wednesday, when I got these numbers from Nielsen, I asked someone who has spent a lot of time in late-night TV to guess the age of the Daily Show's audience today.

Persons: Jon Stewart, Stewart, Jimmy Fallon, Jimmy Kimmel, I'm, Trevor Noah, Stewart's, I've Organizations: Nielsen, Daily, Comedy, Paramount, NBC, SNL, YouTube

☆ Jürgen Klopp to step down as Liverpool manager at the end of the season
▼ + stars: | 2024-01-26 | by ( Ben Church | George Ramsay | ) edition.cnn.com time to read: +3 min

CNN —Liverpool manager Jürgen Klopp has announced that he will step down from his position at the end of the current season. Since taking over in 2015, the German has overseen one of the most successful eras in the club’s history, notably winning a Champions League title and Liverpool’s first league title in 30 years. Video Ad Feedback Jurgen Klopp's influence on Liverpool FC 02:05 - Source: CNNUnder Klopp, Liverpool transformed back into a powerhouse of English and European soccer. Under his guidance, the team won the Champions League, Premier League, FIFA Club World Cup, FA Cup, League Cup and UEFA Super Cup, as well as the FA Community Shield. Chief among them is perhaps the stunning comeback against Barcelona in the semifinals of the Champions League in 2019.

Persons: Jürgen Klopp, Liverpool’s, “, ” Klopp, ”, Pepijn Lijnders, Peter Krawietz, Vitor Matos, Jurgen Klopp's, Mohamed Salah, Roberto Firmino, Sadio, Klopp Organizations: CNN, Liverpool, League, ” Liverpool, Liverpool FC, Klopp, Champions League, Premier League, FIFA Club, FA Cup, League Cup, UEFA, FA, Tottenham, Reds, Barcelona, Chelsea Locations: Liverpool

At Meta, in CEO Mark Zuckerberg's words, 2023 was the "year of efficiency," and the stock jumped almost 200% alongside 20,000 job cuts. AI demand is so great that some tech companies are cutting headcount in parts of the business to invest more heavily in developing AI products. Phil Spencer, CEO of Microsoft Gaming, appears at the Political Opening of the Gamescom conference in Cologne, Germany, on Aug. 23, 2023. Within tech, a wide variety of companies, big and small and spanning the consumer and enterprise markets, are eliminating jobs. But, he added, there's an "enormous base" of small and mid-sized tech companies across the U.S., and that in some cases contractors, freelancers and overseas workers are being hit particularly hard.

Persons: Peter Kramer, They've, Mark Zuckerberg's, Zeile, Phil Spencer, Franziska Krug, Sundar Pichai, Bob Carrigan, Nigel Vaz, Publicis Sapient, Salesforce, Meta's, " Vaz, Levi Strauss, Bob Bakish, Tim Herbert, Herbert, there's, Vaz, Michael Bloom, Annie Palmer, Jennifer Elias Organizations: Nasdaq, CNBC, Apple, Meta, Microsoft, Investors, Activision Blizzard, SAP, Microsoft Gaming, Facebook, Citigroup, Paramount, Commerce Department, Gross Locations: Cologne, Germany, U.S

☆ Apple is opening up its powerful App Store for the first time ever. It's not happy about it.
▼ + stars: | 2024-01-25 | by ( Peter Kafka | ) www.businessinsider.com time to read: +5 min

Read previewFor years, Apple has been insistent that it needs control over its App Store and other key parts of its iPhone ecosystem, even in the face of increasing complaints from regulators. AdvertisementSome of the big ones:Apple will allow developers to create and distribute apps without using the company's App Store. Apple's App Store now will now take a cut of up to 17%, plus another 3% fee, for payments made on apps distributed on its App Store. Those apps — along with apps distributed through Apple's App Store — will pay a fee of 0.50 euros for each download over a million. A version of the screen Apple App Store users will see if they want to pay for things without using Apple's App Store.

Persons: —, you've Organizations: Service, Apple, Business, Developers, Meta, Epic Locations: Europe

Search resuls for: "Peter K"

25 mentions found