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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Apple Inc | NASDAQ:AAPL | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.05 | 0.03% | 183.43 | 183.34 | 183.48 | 184.17 | 180.42 | 182.354 | 79,453,876 | 00:45:52 |
By Tripp Mickle
Google is reducing the commission it charges developers that sell digital goods and services through its Play store, a move that comes amid increased regulatory scrutiny of the power the tech giants wield over their multibillion-dollar app marketplaces.
The company behind the world's largest operating system, Android, said Tuesday that it would reduce service fee it collects to 15% from 30% on the first $1 million developers earn from its app store. The reduction is a slight departure from a decision Apple Inc. announced late last year to r educe its rate to 15% for software makers who generate less than $1 million in annual sales.
(More to Come)
Write to Tripp Mickle at Tripp.Mickle@wsj.com
(END) Dow Jones Newswires
March 16, 2021 11:37 ET (15:37 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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