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Chinese developers hit pay dirt on global stage

Apple is as big as a country, and so are the threats to its existence

Apple is as big as a country, and so are the threats to its existence

Apple is as big as a country, and so are the threats to its existence
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Apple hit with $2bn UK class action suit over App Store fees

Apple has been hit with a $2bn lawsuit in the UK. A group representing consumers claims Apple charges unlawful and excessive fees through its App Store. It could see some 20 million customers receive a payout. A UK group has filed the equivalent of a class-action lawsuit against Apple in the UK, over claims its 30% App Store commission rate is excessive and unlawful . According to multiple reports, the group, led by King s College London digital-economy lecturer Dr. Rachael Kent, allege that Apple guards access to the world of apps jealously , charging entry and user fees that were completely unjustified , which group says is the behavior of a monopolist and unacceptable .

Indian firms reject Google Play s new bill plan, slam monopolistic abuse

Indian industry snubbed Google Play’s decision to cut by half its commission for developers when they make $1 million in annual revenue for in-app purchases, saying the US tech giant may continue its abrasive & monopolistic abuse as it owns the Android system. Google Play said Tuesday that beginning July 1 it would slash its 30 per cent billing fee to 15 per cent for developers globally when they make the first $1 million of their annual revenue. When we are forced to use a payment system that charges 15 % to 30% per payment, it can’t be acceptable by anyone! The digital India dream must not be ransom to such monopolies, said Paytm founder and CEO Vijay Shekhar Sharma on Twitter.

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