Tag Archives: Apple

MOSCOW—Russia’s state censor threatened to fine Apple Inc. and Google and accuse them of interfering in elections if they don’t remove an app developed by supporters of jailed opposition leader Alexei Navalny, in what critics say is the latest attempt to stifle criticism ahead of a parliamentary vote next month. The communications regulator Roskomnadzor said Thursday the app enabled Mr. Navalny’s supporters to continue their campaigns after his Anti-Corruption… Source link

SEOUL, Aug 31 (Reuters) – South Korea’s parliament on Tuesday approved a bill that bans major app store operators such as Google and Apple from forcing software developers to use their payment systems, effectively stopping them from charging commissions on in-app purchases. It is the first such curb by a major economy on the likes of Apple Inc (AAPL.O) and Alphabet Inc’s (GOOGL.O) Google, which face global criticism for requiring the use of proprietary payment systems that charge commissions… Source link

South Korea legislators on Tuesday approved the first law in the world that requires app stores to let users pay for in-app purchases through multiple payment systems, a blow to the market dominance of Apple and Google, which opposed the bill. South Korea’s National Assembly passed amendments to the country’s Telecommunications Business Act that prevent app marketers like Google and Apple from forcing certain payment methods, unfairly delaying the review of mobile content and unfairly… Source link

Visitors look at Apple Inc. iPhones and iPads on display at the SK Telecom Co. T Factory flagship store in Seoul, South Korea, June 11, 2021. SeongJoon Cho | Bloomberg | Getty Images South Korea’s parliament has approved a bill that will make it the first country to impose curbs on Google and Apple’s payment policies that force developers to only use the tech giants’ proprietary billing systems. The legislation will become law once signed by President Moon Jae-in, whose party has been a vocal… Source link

After a number of delays, South Korea’s National Assembly today voted to approve the passage of its “Anti-Google law.” Nicknamed after the search giant but more wide-ranging, the law will prevent Google and Apple from forcing developers to use their in-app billing systems when building apps for their two market-dominating app stores . This is the first time globally that a government has intervened to prevent Google and Apple from imposing their own payment… Source link

South Korea has passed a bill written to prevent major platform owners like Google and Apple from restricting app developers to built-in payment systems, The Wall Street Journal reports. The bill is now expected to be signed into law by President Moon Jae-in, whose party championed the legislation. The law comes as a blow to Google and Apple who both require in-app purchases to flow only through their systems, instead of outside payment processors, allowing the tech giants to collect a 30… Source link

SEOUL—Google and Apple Inc. will have to open their app stores to alternative payment systems in South Korea, threatening their lucrative commissions on digital sales. A bill passed Tuesday by South Korea’s National Assembly is the first in the world to dent the tech giants’ dominance over how apps on their platforms sell their digital goods. It will become law once signed by President Moon Jae-in, whose party strongly endorsed the legislation. The law… Source link

When close to half the companies in the United States have price-to-earnings ratios (or “P/E’s”) below 17x, you may consider Apple Inc. (NASDAQ:AAPL) as a stock to avoid entirely with its 29.7x P/E ratio. However, the P/E might be quite high for a reason, and it requires further investigation to determine if it’s justified. Before we start, investors should know that Apple has an outstanding performance in multiple areas, such as cash flows, working capital management, earnings quality, and… Source link

A customer uses an Apple iPhone to pay via the Apple Pay system, from their Santander account, at the check-out inside a Pret A Manger store. Chris Ratcliffe | Bloomberg | Getty Images The Australian government is considering new laws that would tighten the regulation of digital payment services by tech giants such as Apple and Alphabet‘s Google. Treasurer Josh Frydenberg said he would “carefully consider” that and other recommendations from a government-commissioned report into whether the… Source link

A smartphone with the Apple Pay logo is placed on a displayed Google Pay logo in this illustration taken on July 14, 2021. REUTERS/Dado Ruvic/Illustration SYDNEY, Aug 30 (Reuters) – The Australian government is considering new laws that would tighten the regulation of digital payment services by tech giants such as Apple (AAPL.O) and Alphabet’s Google (GOOGL.O). Treasurer Josh Frydenberg said he would “carefully consider” that and other recommendations from a government-commissioned report… Source link