Tag Archives: Bill

Apple and Google hired a bevy of lobbyists in Arizona in early 2021 to kill legislation that would have slashed the profits the companies make through their app stores.  Rep. Regina Cobb was subjected to a flood of text messages and phone calls from those lobbyists in February when she authored an amendment that would have barred Apple and Google from forcing developers to route all in-app payments through their platforms — a policy that lets the tech… 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

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

This article was originally published on Simply Wall St News Plug Power’s Inc. (NASDAQ:PLUG), shares saw an 11% drop to US$25.10 in the week since the company reported its quarterly result. On the whole, it seems that the stock has stabilized back to fundamentals after a high enthusiasm run from the beginning of 2021. We will take a better look at the fundamentals and see what analysts are expecting for the company. For their second quarter, Plug Power shipped 3,666 GenDrives compared to… Source link

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record 218 billion downloads and $143 billion in global consumer spend in 2020. Consumers last year also spent 3.5 trillion minutes using apps on Android devices alone. And in the U.S., app usage surged ahead of the time spent watching live TV. Currently, the average American 

The Apple Inc logo is seen at the entrance to the Apple store in Brussels, Belgium July 2, 2021. REUTERS/Yves Herman WASHINGTON, Aug 13 (Reuters) – A Republican and a Democratic member of the U.S. House of Representatives introduced a bill aimed at reining in powerful app stores run by companies like Apple Inc (AAPL.O) and Alphabet Inc’s Google (GOOGL.O). The bill is a companion to a measure introduced this week by a bipartisan trio of senators which would bar big app stores from requiring app… Source link

With two giants calling the shots and collecting whatever tolls they see fit, mobile software makers have long complained that app stores take an unfair cut of the cash that should be flowing directly to developers. Hearing those concerns, a group of senators introduced a new bill this week that, if passed, would greatly diminish Apple and Google’s ability to control app purchases in their operating systems and completely shake up the way that mobile software gets distributed. The… Source link

While some progressive Democrats continue to push the president to cancel student loan debt, there’s a bipartisan effort underway to overhaul the student loan system in another way: by making bankruptcy discharges more accessible for student debtors. Senate Majority Whip Dick Durbin (D-IL), who chairs the Senate Judiciary Committee, and Senator John Cornyn (R-TX) announced a new bill called the “FRESH START Through Bankruptcy Act of 2021” last week to better enable borrowers to seek a student… Source link

WASHINGTON, Aug 11 (Reuters) – A bipartisan trio of senators introduced a bill that would rein in app stores of companies they said exert too much market control, including Apple Inc (AAPL.O) and Alphabet Inc’s Google (GOOGL.O). Democratic Senators Richard Blumenthal and Amy Klobuchar teamed up with Republican Senator Marsha Blackburn to sponsor the bill, which would bar big app stores from requiring app providers to use their payment system. It would also prohibit them from punishing apps… Source link