All publications for 15.09.2021

News

Apple also investigated by Department of Justice. US lawmakers address “serious competition concerns” in app store space

On September 10, a federal judge in California ruled that app developers can now direct users to payment options outside the App Store. That said, the court failed to “ultimately conclude that Apple is a monopolist.” Nor did the ruling force Apple into allowing third-party app stores on iOS. The iPhone maker was also allowed to keep its steep 30% commission. While Epic has lost on 9 of 10 counts, the Fortnite company might just have powerful allies in Washington.

News

App Annie and its founder to pay over $10 million to settle securities fraud charges

The U.S. Securities and Exchange Commission (SEC) charged App Annie and its co-founder and former CEO and Chairman Bertrand Schmitt with securities fraud. SEC found that the mobile analytics firm engaged “in deceptive practices” and made “material misrepresentations” about how it obtained its market data on mobile app performance. Without admitting or denying the SEC’s findings, App Annie agreed to pay more than $10 million to settle the matter.