Google to enforce Play store tax on the 3% of apps not paying, Telecom News, ET Telecom

Alphabet Inc’s Google on Monday sought to rebut criticism that it selectively enforces its 30% mobile app store tax, demanding that the over 3% apps selling digital items without complying follow the rules within a year. The change follows lawsuits by “Fortnite” video game maker Epic Games last month accusing Google and Apple Inc of anticompetitive conduct. Apps sold on the tech leaders’ stores are required to use their payment systems so they can collect a portion of sales, which developers… Source link

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Yandex Restructures Self-Driving Business Nasdaq:YNDX

Yandex will increase its stake in the new company (Yandex SDG) to 73% and invest anadditional $150 million in its future development MOSCOW and AMSTERDAM, Sept. 04, 2020 (GLOBE NEWSWIRE) — Yandex N.V. (NASDAQ and MOEX: YNDX) and Uber today entered into agreements to spin off the self-driving vehicles business, Yandex Self Driving Group B.V. (“Yandex SDG”) from their ride-hailing and foodtech joint venture, MLU B.V. Following these transactions, Yandex SDG will be directly owned by… Source link

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Yandex spins out self-driving car unit from its Uber JV, invests $150M into new company – TechCrunch

Self-driving cars are still many years away from becoming a ubiquitous reality, but today, one of the bigger efforts to build and develop them is taking a significant step out as part of its strategy to be at the forefront for when they do. Yandex — the publicly traded Russian tech giant that started as a search engine but has expanded into a number of other, related areas (similar to U.S. counterpart Google) — today announced that it is spinning out its self-driving car unit from… Source link

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Microsoft and Walmart look to boost ads, e-commerce with TikTok deal

As Microsoft and Walmart work together on a deal to buy TikTok’s U.S. business from China’s ByteDance, the giants each see fresh opportunities to expand into long-coveted markets — advertising in Microsoft’s case and e-commerce for Walmart. But both companies have decidedly mixed track records in these realms. By the numbers: Walmart currently makes less than 8% of its total revenue on e-commerce, despite pricey forays into the industry, like its $3.3 billion acquisition of the now-defunct… Source link

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Why it makes sense for Oracle to buy TikTok. Sort of.

This is the web variation of Data Sheet, Fortune’s day-to-day newsletter on the leading tech news. To get it provided day-to-day to your in-box, register here There’s a great factor I rapidly dismissed the possibility of Oracle buying TikTo k: I am not a financial investment lender. Oracle is not a customer business. “Oracle provides products and services that address enterprise information technology (IT) environments,” is the very first line in its yearly report. The word… Source link

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