Spotify Blasts Apple For An “Outrageous” 27% Commission Fee

Spotify Blasts Apple For An “Outrageous” 27% Commission Fee

[ad_1] Launching an outspoken criticism against Apple, music streaming service provider Spotify called out the tech giant for its new 27% commission fee on transactions. Following its defeat in its legal battle with Epic Games, Apple announced on Wednesday that it will begin to allow developers to sell their products through channels apart from its … Read more

Apple to Remove Blood-Oxygen Sensor From Watch to Avoid U.S. Ban

Apple to Remove Blood-Oxygen Sensor From Watch to Avoid U.S. Ban

[ad_1] Updated Jan. 15, 2024 3:33 pm ET Apple is removing a blood-oxygen sensor from some of its smartwatches to get around a patent dispute related to the technology, a step likely to avoid further sales disruptions but one that may raise questions about the company’s push into health. The company halted sales of some … Read more

Chinese Firm Exploits Apple AirDrop Vulnerability, Which Apple Was Aware Of Since 2019

Chinese Firm Exploits Apple AirDrop Vulnerability, Which Apple Was Aware Of Since 2019

[ad_1] Wangshendongjian Technology, a Chinese tech company, was able to track down people who had sent “inappropriate content” in the subway, using a vulnerability in Apple’s AirDrop feature. This incident can dampen Apple’s sales in China — its fifth largest market. Researchers from the Technical University of Darmstadt claim that Apple has been aware of … Read more

Why Big Tech Is Still Minding Its Bills

Why Big Tech Is Still Minding Its Bills

[ad_1] Even the deepest pockets have their limits.  Amazon and Google-parent Alphabet sit on a combined $184 billion in cash and short-term investments. Those two, along with big tech peers Microsoft, Apple and Facebook-parent Meta Platforms, hold the highest such balances among nonbanking companies on the S&P 500, according to data from S&P Global Market … Read more