Tag Archives: fees

Google faces new antitrust lawsuit over Google Play Store fees

On Wednesday, a coalition of state attorneys general launched a new antitrust lawsuit against Google, accusing the search giant of abusing its control of the Android app store, as reported by Bloomberg. The lawsuit, filed by 36 states and Washington, DC, in California federal court, challenges Google’s policy forcing Google Play app developers to pay a 30 percent commission fee on sales made through the app. Google recently expanded the fees to cover more digital goods purchased on the… Source link

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Jeff Bezos accused his girlfriend’s brother of hiding ownership of a $2.5 million property to avoid paying his legal fees, court filings show

Jeff Bezos said in a court filing that Michael Sanchez tried to avoid paying a defamation judgment. The filing accused Sanchez of transferring his California residence to a limited liability company. Thursday’s court filing marked the latest development in an ongoing legal battle.  See more stories on Insider’s business page. Amazon CEO Jeff Bezos on Thursday said in a court filing that his girlfriend’s brother tried to avoid reimbursing his legal fees by hiding his ownership of a $2.5 million… Source link

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Ally Bank kills hated overdraft fees — a huge money-maker for banks

Ally Financial (ALLY), having tested a banking model without overdraft fees, is making it permanent. The move applies to all types of accounts — including checking and savings — and there are no requirements or restrictions. In April 2020, Ally began to waive overdraft fees, citing coronavirus pandemic hardships many customers faced. On June 2 Ally said it’s eliminating those fees for good. “Overdraft fees are a pain point for many consumers but are particularly onerous for some. It is… Source link

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Online Travel Update: Google once again embraces organic search and eliminates hotel listing fees; Kayak plans to open hotel in Miami Beach; Certares is on the road to become travel powerhouse | Foster Garvey PC

This week’s Update features several stories on the big online travel newsmakers of last week – Google and Kayak. Enjoy. Google Once Again Embraces Organic Search and Eliminates Hotel Listing Fees(“Tripadvisor’s New Subscription Service Edges the Company Toward Online Travel Agency Status,” March 7, 2021 via Skift Travel News) (subscription may be required)(“Google eliminates fees for hotel booking links”, March 8, 2021 via Phocus Wire)(“Google Drops Costs for Hotels and… Source link

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Google reduces some app-store fees amid criticism.

Google is cutting in half its commission on developers’ first $1 million in app sales, following a similar move by Apple that is aimed at appeasing developers and regulators who accuse the companies of abusing their dominance of the smartphone industry. Google said that starting July 1, it would take 15 percent of the first $1 million developers take in from certain app sales, down from 30 percent. Google will still charge 30 percent after the first $1 million. Apple last year said it was… Source link

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Google cuts app store fees on first million in annual sales

Google CEO Sundar Pichai speaks during a conference in Brussels on January 20, 2020. Kenzo Tribouillard | AFP | Getty Images Google announced on Tuesday that it will cut Google Play app store fees to 15% on the first million dollars a developer makes on Google’s store per year. After developers cross the $1 million mark in sales for a year, Google will charge developers its standard 30% fee for in-app purchases and downloads. The move follows a similar decision from Apple in December, although Source link

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Costco may be ‘poised’ to increase membership fees

Costco (COST) may be about to put the burden on its members to pay for higher worker wages. The warehouse retailer could be “poised” to lift its membership fees within the next 18-months, Wells Fargo analysts said in a research note this week. Wells Fargo views any hike as an earnings catalyst, and lifted its rating on Costco shares to Overweight from Equal-weight ahead of that happening. “In addition to some sustainability of the COVID benefit, Costco is rapidly approaching its next… Source link

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Google backs Biden immigration efforts, covers fees in threatened ‘Dreamer’ program

FILE PHOTO: Small toy figures are seen in front of Google logo in this illustration picture, April 8, 2019. REUTERS/Dado Ruvic/File Photo OAKLAND, Calif. (Reuters) – Alphabet Inc’s Google said it would support President-elect Joe Biden’s efforts to pass a new U.S. immigration law and would help cover application fees for immigrants seeking lawful work under a threatened government program. Google said on Wednesday it would pay for the application fees of about 500 young immigrants seeking… Source link

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