Connect with us

Technology

Google to Cut Its Commission by Half on App Subscriptions, to Charge 15 Percent Starting January

Published

3 years ago

on

Google to Cut Its Commission by Half on App Subscriptions, to Charge 15 Percent Starting January

Google announced on Thursday that it will reduce the cost of its app store because the technology giant is under pressure to relax control of the online market.

Sameer Samat, vice president of product management, said in a blog post that starting in January, Google Play subscription commissions will be reduced by half to 15%. Currently, Google receives a 30% discount for the first year of subscription, and then a 15% discount on renewal.

Google said that the new fee structure means that companies do not have to wait for subscribers to renew — they may or may not — to benefit from lower commissions. The operating systems of Google and Apple run on 99% of smartphones worldwide, and they argue that their respective app store commissions are fair compensation for providing a secure platform. But developers are angry at the loss of profits, and regulators are critical of tech giants’ control of their online markets.

Apple has cut commissions from 30% to 15% in recent months. For example, the annual revenue generated by apps is less than US$1 million (approximately 7.4 million rupees). In September, a U.S. judge ordered Apple to loosen control of its App Store payment system.

Advertisement

This blow to the global technology giant was triggered by itsanti-trust battle with Fortnite maker Epic games initiated the case to break Apple’s control of the App Store, accusing iPhone manufacturers of acting like a monopoly. Both Apple and Epic have appealed the decision.

News Source : Gadgets 360

Related Topics:
Continue Reading

Hollywood

Tom Holland to star alongside Matt Damon in Christopher Nolan’s next, will juggle that with Spider-Man 4 in 2025

Published

2 weeks ago

on

October 22, 2024

By

Tom Holland to star alongside Matt Damon in Christopher Nolan’s next, will juggle that with Spider-Man 4 in 2025

Tom Holland, last seen in Apple TV show The Crowded Room last year, has signed his next with Academy Award-winning filmmaker Christopher Nolan.

Tom Holland is going to have a very busy 2025. As per The Hollywood Reporter, the actor has signed Christopher Nolan’s next, which he will juggle the filming of with that of the long-awaited Spider-Man 4. (Also Read – Tom Holland shares why he left alcohol behind: ‘Struggling without booze…’)

Tom signs Nolan’s next

This will mark the first collaboration between Tom and Christopher. While details of his next directorial aren’t known yet, it’s most likely not to have a contemporary setting. It’ll be either set in the past like, his previous film Oppenheimer (2023), or in the future like Interstellar (2014). Matt Damon, who has worked with Christopher in both, has also come on board his next.

Advertisement

Christopher’s next will be co-produced by him and his wife Emma Thomas’ banner Syncopy Inc and Universal Pictures, as the two production houses will team up after the Academy Award-winning blockbuster Oppenheimer last year. Prior to Oppenheimer, Christopher collaborated mostly with Warner Bros before having a fallout post the debacle of Tenet (2020).

Warner Bros then went on to produce Greta Gerwig’s musical satire Barbie, which clashed with Oppenheimer at the box office and even outperformed it globally. Warner Bros offered Christopher a cheque for the fees he waived off for helming Tenet during the pandemic. While Christopher graciously accepted the belated remuneration, he still went on to pitch his next to Warner Bros.

Tom’s busy schedule

Tom didn’t have any release this year. His last outing was Todd Graff’s psychological thriller show The Crowded Room on Apple TV last year. He’ll juggle the filming of Christopher Nolan’s next and Spider-Man 4 in 2025. Tom has been playing the superhero ever since Russo Brothers’ 2016 blockbuster Captain America: Civil War. He’s slipped into the Peter Parker shoes post that for three standalone films and two Avengers movies. Spider-Man 4 will be helmed by Shang-Chi and the Legend of the Ten Rings director Destin Daniel Cretton.

Advertisement

As Tom’s girlfriend and co-star Zendaya will be busy filming Spider-Man 4 in 2025, she’ll reprise her role of Chani in Denis Villeneuve’s sci-fi spectacle Dune 3 only in 2026. Meanwhile, Tom is also likely to make an appearance as Spider-Man in Russo Brothers’ Avengers: Doomsday, which will go on floors in the spring of 2025.

Group Media Publications
Entertainment News Platforms – anyflix.in      
Construction Infrastructure and Mining News Platform – https://cimreviews.com/
General News Platform – https://ihtlive.com/

Continue Reading
Anyskill-ads

Facebook

Trending