Joining us today. We are holding this hybrid hearing in compliance with House Resolution accordingly i am 965. Joined by members here in the hearing room as well as approximately ten members on the remote platform. Thats outstanding, and i want to thank them for joining us. Before we turn to todays important topic i want to remind the members of a few procedures to help us navigate the terrain here. First, consistent with regulations the committee will keep microphones muted. For those participating virtually to limit background noise. Pause for one moment. So we will pause for one moment. Members are responsible for unmuting themselves, unmuting themselves when they seek recognition or when recognized for their five minutes. Members here in the hearing room also are reminded to keep your microphones muted when you are not recognized. Second, for the members participating virtually, you must have your cameras on at all times. If you need to step away from the proceeding, please leave y
Good wednesday morning welcome to squawk alley. Im john for the with caro quintanilla and Julia Borstin well start with apple, a cost cut for Small Developers josh lipton breaks down the news for us. Here is how the new program is going to work its called the App Store Small Business Program it launches on january 1st and it does represent a big change here. Developers earning up to 1 million during the Previous Year will now be eligible for a commission of 15 on paid apps and inapp purchases, and that is half of apples Standard Commission apple says the new program will impact what it says is the vast majority of developers selling Digital Goods and services on the store. Tim cook saying in a statement the app store has been an engine of Economic Growth like none other, creating millions of new jobs and a pathway to entrepreneurship accessible to anyone with a great idea for investors this change is also important remember, the app store is critical for apple it accounts for an estima
Remind the members of a few procedures to endus navigate ther the help us navigate the terrain here. First, consistent with regulations, the committee will keep microphones muted. For those participating virtually to limit background noise. [inaudible conversations] well pause for one moment. [background sounds] members are responsible for unmuting themselves, unmuting themselves when they seek recognition or when recognized for their five minutes. Members here in the hearing room also are reminded to keep your microphones muted when you are not recognized. Second, for the members participating virtually, you must have your cameras on at all times. If you need to step away from the proceeding, please leave your camera on rather than logging9 out. Third, we will discuss pence with our practice of observing the gibbons rule and instead go in order of seniority for questioning,al for nateing between minority alternating between majority and minority. I thank you all [inaudible] a quick te
On each item. We are streaming the number at the top of the screen. Each speaker will be allowed three minutes to speak. Comments are opportunities or opportunities to speak are available by calling 4156550001 and entering access code 146047 0765. One connected, darla start three to be added to the cue. Best practices dial star three to be added to the cue. Speak slowly and clearly and turn down any other devices. Alternatively you may submit Public Comment by email to the Commission Affairs officer through email. If you submit Public Comment via email, it will be forwarded to the commissioners and will be included as part of the official file. I will now call the role. Everyone [roll call] we have a quorum. Great, next agenda item, please. The next item is item number two, president s welcome. This item is for discussion. Hello, everybody. To everyone who came out tonight to this meeting on the commission on the environment, let me begin by sharing the best practices for this meeting.
They were physically present. Public comment will be available on each item. We are streaming the number at the top of the screen. Each speaker will be allowed three minutes to speak. Comments are opportunities or opportunities to speak are available by calling 4156550001 and entering access code 146047 0765. One connected, darla start three to be added to the cue. Best practices dial star three to be added to the cue. Speak slowly and clearly and turn down any other devices. Alternatively you may submit Public Comment by email to the Commission Affairs officer through email. If you submit Public Comment via email, it will be forwarded to the commissioners and will be included as part of the official file. I will now call the role. Everyone [roll call] we have a quorum. Great, next agenda item, please. The next item is item number two, president s welcome. This item is for discussion. Hello, everybody. To everyone who came out tonight to this meeting on the commission on the environmen