Hints and tips:
...“It was impossible to sell a stake as a growth opportunity when sales are down, expansion plans are being scaled back, employees are being harmed in stores and there is no sign of the boycott ending,” said...
...Apple’s App Store, Google search, TikTok and WhatsApp are among nearly two dozen digital services that Brussels said on Wednesday must comply with new European regulations designed to tame Big Tech....
...“They have seen other apps forced off the app stores, and they know that once they have been kicked out it takes a long time to re-enter.”...
...Olsavsky said $640mn had been spent on severance in the fourth quarter of 2022, as well as an additional $720mn on abandoning real estate, primarily due to pulling back on opening new physical grocery stores...
...Late last year, it lost an antitrust case brought by Epic Games against its Android app store....
...Google Play faces some app store competition on Android, but Apple stands alone with iOS. So be it, the Apple case judge ruled: its app store is very successful but “success is not illegal”....
...The European Commission, the bloc’s executive arm, announced official probes on Monday into whether Apple and Google owner Alphabet were unduly favouring their own app stores, as well as Facebook owner Meta...
...The adoption of the EU’s Digital Markets Act, which came into force this week, amounts to a giant experiment in government micromanagement of everything from Apple’s App Store to the Google search engine...
...Apple and Google-owner Alphabet were accused of favouring their own app stores while Facebook-owner Meta is being probed over its use of personal data for advertising....
...“The trial made clear that we compete fiercely with Apple and its App Store, as well as app stores on Android devices and gaming consoles,” White added....
...Given the operating costs that Epic sees on its own store, “we know that these stores can operate on vastly lower fees than Google is charging”, he said....
...Epic has alleged Google’s operating profit on the Play Store exceeded $12bn in 2021, at a margin of more than 70 per cent....
...Just [on Tuesday] the Supreme Court denied certiorari in Epic Games versus Apple, in which one of Apple’s defences was that they need to sell apps exclusively through the App Store, because that’s the only...
...The presence of Apple’s app store negates arguments of a monopoly. Plus Google Android phones allow users to upload apps from other app stores....
...In India, for example, thousands of local stores have generated their own versions of ads featuring Bollywood star Shah Rukh Khan urging people to shop locally in a campaign for Cadbury by WPP....
...Google claims that its app store policies are far more permissive than Apple’s....
...In there too are Apple and Amazon, which investors assume will do well because developing AI requires huge resources and stores of data....
...The app store policies of Apple and Google may be violating Japanese antitrust law, says the Japan Fair Trade Commission....
...By the time Sam Walton opened his first Wal-mart in Rogers, Arkansas, in 1962, his playbook to build a global retail giant was already drafted....
...Google said it would refund all purchases of hardware, games and add-on content that had been made through its Stadia store, with the service closing on January 18....
...Tributum LLC’s address is the same as Wyoming Registered Agent, a company that sets up shell corporations and promises “complete anonymity.”...
...It underscores fears that more pain could be in store....
...Apple and Google “unilaterally determine” the “rules of the game” on mobile browsers and app stores, the CMA said, making it difficult for rivals to compete....
...The app store is not a service. The app store is a disservice to developers....
...That, though, provided further grist for the Ambani empire, which took control of the bulk of Future’s 1,500 stores....
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