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New Apple rules double down on 30% NFT ‘tax’ and geo-limits exchanges

Technology heavyweight Apple has clarified its App Store rules around nonfungible tokens (NFTs) and cryptocurrency exchanges marking the first time its codified specific rules for NFTs. The new rules confirm how NFT purchases will be taxed and what they can and can’t be used for, while also clarifying rules around when a crypto exchange app can be listed.  The Oct. 24 update to its App Store guidelines saw language added that allows fo in-app purchases of NFTs, but bars any NFTs acquired elsewhere to be used for anything other than viewing.  It also allows applications to use in-app purchases to “sell and sell services” related to NFTs such as “minting, listing, and transferring.” However, the tech company is seemingly double-downing on its NFT “Apple tax” — which lumps in-...

App Store Grossed $65B in Nine Months of 2022, more than twice as Google Play

App Store Grossed $65B in Nine Months of 2022, more than twice as Google Play | Sportslens.com United States Search The query length is limited to 70 characters Home News app store grossed 65b in nine months of 2022 more than twice as google play You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.

‘Grotesquely overpriced’ — Apple’s App Store wants 30% cut on NFT sales

Non-fungible token (NFT) app developers and others have balked at a decision by tech giant Apple to impose a 30% commission on NFTs sold through apps on its marketplace, effectively putting NFT purchases in the same boat as regular in-app purchases. According to a Friday report from The Information, the smartphone company is now allowing NFTs to be bought and sold through apps listed on its marketplace but imposes its standard commission on in-app purchases of 30% — similar to that imposed by Android’s app store Google Play. The commission rate has however been slammed by some for being “grotesquely overpriced” — particularly when compared to standard NFT marketplace commissions, which are around 2.5%. Tech blogger Florian Mueller called Apple’s “app tax” on NFT sales “abusive but consiste...

AMC Theatres mobile app accepts Dogecoin, Shiba Inu and more

AMC Theatres, an American pro-crypto movie theater chain, updated its mobile app services to accept Dogecoin (DOGE), Shibu Inu (SHIB) and other cryptocurrencies as payment across the United States.  AMC Theatres first started accepting crypto payments back on Nov. 12, 2022, which allowed customers to purchase movie tickets online using Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH) and Litecoin (LTC). On Jan. 6, 2022, Adam Aron, the CEO of AMC Theatres, promised users via a tweet to include meme tokens DOGE and SHIB by March. While slightly delayed, Aron’s team delivered. Exactly as promised, the AMC mobile app for AMC’s U.S. theatres now accepts online payments using Doge Coin, Shiba Inu, and other crypto currencies — thanks to Bitpay. Also Apple Pay, Google Pay and Paypal. To d...

Apple CEO Says Regulating App Store Could Threaten Users’ Privacy

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Facebook hit with campaign by pro-Palestinian activists leaving 1-star app store ratings

A social media campaign by pro-Palestine activists has pushed down the ranking for Facebook’s app in Apple and Google’s app stores, NBC News reported. The activists are seeking to protest Facebook’s alleged censorship of Palestinian accounts on its platform, and are instructing people to leave Facebook’s app a one-star review. According to NBC News, Facebook is treating the situation as a high-priority issue internally; one software engineer wrote in a post on an internal Facebook message board that “users are upset with our handling of the situation,” adding that the users “have started protesting by leaving 1-star reviews.” Facebook has reached out to have the reviews removed, but so far, Apple has declined the request to remove the reviews. It’s not clear how or if Google responded to t...

Apple’s App Store hosting multi-million dollar scams – developer

Mobile app developer Kosta Eleftheriou has a new calling that goes beyond software development: taking on what he sees as a rampant scam problem ruining the integrity of Apple’s App Store. Eleftheriou, who created the successful Apple Watch keyboard app FlickType, has for the last two weeks been publicly criticizing Apple for lax enforcement of its App Store rules that have allowed scam apps, as well as apps that clone popular software from other developers, to run rampant. These apps enjoy top billing in the iPhone marketplace, all thanks to glowing reviews and sterling five-star ratings that are largely fabricated, he says. Up to now, I’ve been in the “Apple *wants* to do the right thing” camp. My viewpoint is starting to change. How to spot a $5M/year scam on the @AppS...

Apple will seek damages from Epic Games for breach of App Store contract

Apple will seek damages against Epic Games for allegedly breaching its contract with the iOS App Store, in a new escalation of the two companies’ ongoing legal fight. The allegation was entered on Tuesday, alongside counterclaims for unjust enrichment and tortious interference with Apple’s relationship with its customers. Apple is seeking monetary damages as part of the claim, although the precise amount is not specified in the filing. “By all accounts, Epic has taken advantage of Apple’s support and services more than any other app developer for the past two years,” the filing reads. “But sometime before June 2020, things changed. Epic decided that it would like to reap the benefits of the App Store without paying anything for them.” Apple declined to comment beyond the filing. Apple has ...

Spotify Allies With ‘Fortnite’ in Apple App Store Battle

Spotify is backing Fortnite developer Epic Games in its new clash with Apple and the tech giant’s App Store, highlighting its own lawsuit over similar issues. After Apple removed Fortnite from the App Store on Wednesday because Epic Games had introduced a way for players to purchase its virtual “V-bucks” currency outside the payment marketplace, Epic Games filed a lawsuit that could have legal ramifications in the music industry. {“nid”:”9416468″,”type”:”post”,”title”:”Sony Takes Minority Stake in Fortnite Maker With $250 Million Investment”,”relative_path”:”\/articles\/business\/9416468\/sony-minority-stake-fortnite-maker-epic-250-million-investment\/”,”media”:{“width”:&...

Apple removes Fornite from App Store

Apple has removed Epic Games’ battle royale Fortnite from the App Store after the developer on Thursday implemented its own in-app payment system that bypassed Apple’s standard 30 percent fee. The post Apple removes Fornite from App Store appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.

TikTok Accused of Breaching Child Privacy Regulations

Sourced from Cosmico At least twenty advocacy groups have accused TikTok of violating child privacy regulations in the US and breaching a settlement that the viral video app agreed with the Federal Trade Commission last year over a previous privacy complaint. The groups, which include the Campaign for a Commercial-Free Childhood, the Center for Digital Democracy and the Electronic Privacy Information Center, have all filed complaints with the US Watchdog saying that they believe that the social media platform is “in contempt” of the terms of the 2019 settlement, as well as children’s privacy regulations. ArsTechnica reports that TikTok, owned by Chinese tech group ByteDance, was fined $5.7-million in February last year for illegally collecting children’s data as it began to rise in popular...