Apple Cracks Down On Tencent And ByteDance Over 30% App Store Fees, Threatens To Reject Essential Updates Following Sales Decline In China: Report

  • last month
Tim Cook's Apple has intensified its efforts to compel Tencent and ByteDance to modify their popular Chinese apps. The iPhone maker is pressuring the companies to close loopholes that allow in-app creators to bypass Apple’s 30% commission.

Category

🗞
News
Transcript
00:00Thank you so much for joining us and we'll see you next time.
00:30Take care.

Recommended

3:58
I
Up next
Apple's Glowtime Event Fails To Dazzle Fans, Has To Cough Up Multi-Billion Dollar Fine
Benzinga
0:37
Starbucks' North America CEO Michael Conway Retires After 5 Months in the Role Amid Strategic Overhaul
Benzinga
0:36
AI-Powered Robots Drive Amazon's Delivery Optimization and Efficiency Gains. Tech Giant Aims Plans to Invest Over $1 Billion and Retrain 300,000 Employees by 2025
Benzinga
0:34
Larry Ellison Surpasses Jeff Bezos as World's Second-Richest Person as Oracle Shares Surge on AI Boom
Benzinga
0:33
Sean "Diddy" Combs Arrested in NYC for Unspecified Charges Amid Ongoing Legal Battles Over Abuse Allegations
Benzinga
0:50
Musk's Humorous X Response
Benzinga
3:45
“This is something you put over your head that the majority of people will not buy” - Apple Vision Pro
Benzinga
4:56
Apple Earnings Highlights: Apple Shares Are Trading Lower After The Company Reported A Decline In iPhone, Mac And iPad Revenues
Benzinga
0:56
Jim Cramer Bullish On Apple After AI Breakthroughs At WWDC 2024: 'Beginning Of Generative AI For Personal Use, Not Corporate Use'
Benzinga
0:52
Tim Cook Sees China's Future Bright For Apple – Describes China As 'The Most Competitive In The World'
Benzinga
1:18
Apple shares drop after Loop Capital analyst Ananda Baruah downgrades Apple (NASDAQ:AAPL) from Buy to Hold and announces $180 price target - $AAPL
Benzinga
0:45
Apple's iPhone Production Move To India Signals Broader Tech Exodus From China, With Microsoft And Amazon Following Suit, Says Analyst
Benzinga
0:59
iTunes' Days On Windows Are Numbered: Apple To Launch Dedicated TV, Music And Devices App
Benzinga
0:49
Elon Musk Shades Tim Cook, Says Apple Vision Pro Is Not A 'Moon Shot:' 'Impossible To Look Good'
Benzinga
1:02
Revenge Of The 'Lightning:' Apple Vision Pro Shows The 11-Year-Old Cable Has Somehow Returned
Benzinga
0:40
iPhone 16 Could Kick Off 'Biggest Upgrade Cycle' In Apple's History, Says Dan Ives: Wedbush Analyst Predicts 'AI Revolution' Through Cupertino
Benzinga
0:58
The $3500 Apple Vision Pro Drop Test
Benzinga
0:49
Apple 'May Be The Best Of All The Magnificent Seven From Now To Year-End,' Says Tech Investor Dan Niles
Benzinga
0:51
Elon Musk Threatens To Ban Apple Devices From Tesla, SpaceX Over OpenAI Integration: 'Unacceptable Security Violation'
Benzinga
4:13
Trent Ward, Founder and CEO of recent IPO FORME - $TRNR
Benzinga
0:45
Nvidia Crosses $3T Market Cap: AI Darling Joins Ranks Of Apple, Microsoft, Closes At All-Time High
Benzinga
1:15
Cathie Wood's Ark Goes Chip-Stock Shopping Ahead Of AMD Earnings, Adds More Of Warren Buffett-Backed Chinese EV Play
Benzinga
6:11
Behind The Scenes: Apple Struggles With Vision Pro Headset Production Woes - $AAPL
Benzinga
0:43
Apple AI Partnership With Google Set For Fall, Mark Gurman Says He's Heard From 'Several Sources' The Deal With Meta Isn't Going To Happen
Benzinga
0:32
Stock Market Turmoil as Chipmakers Face Export Restrictions and Tech Outage Wrecks Havoc
Benzinga