The Arizona House of Representatives just passed landmark app store legislation in a 31-29 vote on Wednesday that could have far-reaching consequences for Apple and Google and their respective mobile operating systems. From a report: The legislation, a sweeping amendment to Arizona’s existing HB2005 [PDF], prevents app store operators from forcing a developer based in the state to use a preferred…
Tag: commissions
House Democrats Tackle Big Tech ‘Monopolies’
The House Judiciary Committee says Amazon, Apple, Facebook and Google are monopolies — but its new plan to rein in their power won’t change anything overnight. Instead, Democratic lawmakers propose to rewrite American antitrust law in order to restructure the U.S.’s most successful and powerful industry over time. From a report: The report is a long pass down the field of…
The 50 Years of Crowd Control Research Police Are Ignoring
Thelasko shares an excerpt from FiveThirtyEight: Researchers have spent 50 years studying the way crowds of protesters and crowds of police behave — and what happens when the two interact. One thing they will tell you is that when the police respond by escalating force — wearing riot gear from the start, or using tear gas on protesters — it doesn’t…
Apple Will Stop Taking a Cut of Some Video App Purchases Made Through the App Store
Yesterday, Apple said it would stop taking a cut of some sales for “qualifying” streaming video services on iPhones and other Apple devices, including Amazon’s Prime Video. Reuters reports: To make purchases inside apps on its App Store, Apple requires the use of its own payment systems and takes a commission of between 15% and 30% before passing on the rest…
Morgan Stanley Buys E-Trade For $13 Billion
Morgan Stanley is buying E-Trade in a $13 billion deal that “will give a powerful Wall Street firm control of a major presence in the world of online brokerages,” reports The New York Times. The deal highlights the tech-driven change felt in many markets, from the fixed-income market to the institutional market. Matthew Leising writes via Bloomberg: A report released Thursday…