Apple is 20 times bigger than the net worth of the two wealthiest narcotic dealers combined
Epic Games’ Fortnite offered a direct in-app payment system bypassing apple’s (with 30% cut) & google’s; violating their rules and got itself removed. Fortnite has now charged them for being anti-competitive, claiming that app stores are monopolies. The gaming giant’s move is ‘revolutionary’ because it may disrupt the app-store business of Google and Apple. •… Continue reading Did Fortnite just kill the App Store as we know it?
Last up 6.2% at $408.78 in midday trading, Apple’s market capitalization stood at $1.748 trillion. After Apple bought back $16 billion worth of shares in the June quarter, it had 4,275,634,000 outstanding shares, as of July 17
Apple has acquired Mobeewave, a startup with technology that could transform iPhones into mobile payment terminals, according to people familiar with the matter.