Apple challenges EU’s €500M fine for restricting payments on App Store

Bitcoin reaches new all-time high of over $118,000 within 24 hours

Bitcoin reached a new all-time high of $118,900 on Friday, surpassing its previous record of $113,822 set on Thursday. As Read more

Conveyor Revolutionizes Vendor Security Reviews and RFPs with AI

Selling software to companies can be a daunting task, especially when it comes to meeting security requirements. Chas Ballew, founder Read more

Ready-made Stem Cell Therapies in Development for Pets

Earlier this week, San Diego startup Gallant announced $18 million in funding to bring the first FDA-approved ready-to-use stem cell Read more

Elon Musk’s Dodgy Election Claims Have Gone Viral with 2 Billion Views on X

The world’s richest man buys out one of the most popular social media platforms and uses it as a propaganda Read more

Apple Appeals EU’s €500 Million Fine

Apple filed an appeal against the EU’s decision to fine the company €500 million for not complying with rules that mandate developers to steer users outside the App Store to make purchases.

Revised Fee Structure

In response to the fine issued by the European Commission, Apple revised its fee structure for app distribution in the EU. The new framework includes an initial acquisition fee, a store services fee, and a core technology commission to accommodate alternative payment methods.

Apple made this move to avoid further fines from the European Commission, stating that the Commission’s decision and fine go beyond what the law requires.

See also  Meta unveils initiative to empower startups with its cutting-edge Llama AI models

Pixel 10 Pro: A Deep Dive into Google’s AI-Powered Hardware

Google is placing its chips on STAN, an Indian social gaming platform