The Google logo is seen on on the company’s European headquarters in Dublin, Ireland, February 27, 2021. REUTERS/Clodagh Kilcoyne Oct 21 (Reuters) – Alphabet Inc-owned Google (GOOGL.O) said on Thursday it is lowering the fee that subscription-based apps need to pay Play Store to 15% right from day one, following criticism about its fee structure from companies such as Spotify (SPOT.N). Currently, developers pay a 30% subscription fee in the first year, and 15% thereafter. “We’ve heard that… Source link

Investors are chowing down on shares of newly minted publicly traded hot dog chain Portillo’s.  Shares of Portillo’s (PTLO) — a Chicago-founded outfit with a cult-like following across nine states — exploded more than 50% as investors ate up the stock on its first day of trading on Thursday.  “While we are a 58-year-old company, we are still infants when it comes to our growth inflection point,” Portillo’s CEO Michael Osanloo said on Yahoo Finance Live. Osanloo isn’t kidding when he said… Source link

Shares of Digital World Acquisition Corp (DWAC), the special purpose acquisition company which will merge with former President Trump’s social media company soared more than 270% on Thursday. Trading was briefly halted for volatility as retail investors piled on the stock.  Digital World Acquisition is one of the top trending tickers on Yahoo Finance. It’s also the #1 stock on Fidelity’s orders by retail customers, behind Tesla (TSLA). It is also the most mentioned ticker on Stockwits in the… Source link

The Matter logo signifies smart-home devices that will get along well with each other and with Alexa, Siri and the Google Assistant. … Source link

Google gave a glimpse into how the new smart home standard Matter might actually work in our smart homes today, and it’s looking pretty exciting. At its Google Smart Home Developer Summit, the company announced new tools to help developers build devices that work with both Google Home, the new connectivity standard Matter, and across any other Matter-complaint ecosystems. This means that, yes — one day, very soon — the (new) Nest Thermostat could work in the Apple Home app without… Source link

Google put out a report detailing a phishing campaign directed at YouTubers, which involved around 15,000 fake accounts and over a million messages to targets. The phishing attempts were carried out by multiple hackers, and the company says it’s recovered around 4,000 accounts since late 2019. The attackers weren’t just trying to get the creators to put their password into a fake website, though — they were trying to infect their computer with malware that would steal their login… Source link

These are three photos Google provided us with that were taken with the Pixel 6 with its Real Tone feature. Google … Source link

Google is lowering commissions on all subscription-based businesses on the Google Play Store, the company announced today. Previously, the company had followed Apple’s move by reducing commissions from 30% to 15% on the first $1 million of developer earnings. Now, it will lower the fees specifically for app makers who generate revenue through recurring subscriptions. Instead of charging them 30% in the first year, which lowers to 15% in year two and beyond, Google says developers will… Source link

Sundar Pichai, Google testifies at congressional hearing, March 25, 2021. CNBC Google said on Thursday that it’s lowering service fees in its app store after a similar move by Apple, as both companies face pressure from lawmakers and regulators to make their mobile stores more accessible to developers. The service fee for subscriptions in the Google Play store will drop from 30% to 15% from day one, Google said in a press release. Under the current model, developers must pay a 30% cut on… Source link

(Bloomberg) — Oil slid by the most since August, falling from overbought territory amid concerns around global economic growth. Most Read from Bloomberg Futures in New York declined as much as 3.2% on Thursday after holding at the highest since 2014 this week. Technical indicators have signaled oil has been due for a pullback since earlier this month. Meanwhile, the resurgence of lockdowns in Eastern Europe and Russia due to rising coronavirus cases are threatening the global economic… Source link