Page 17 - Sameer Samat News Today

Epic Games CEO slaps PR move ahead of court case Share Copy Come July 1, 2021, Google will reduce the service fee it charges Android developers from 30 per cent to 15 per cent, though only on the first $1m in Google Play revenue. Sameer Samat, VP of product management at Google, described the policy change as an effort to help software developers build sustainable businesses. "We believe this is a fair approach that aligns with Google’s broader mission to help all developers succeed,"...

Updated Mar 17, 2021 | 09:52 IST Indian startups say ‘high’ commission an abuse of Googles Play Store’s monopoly and want an option of using alternative payment gateways. Google  to reduce its Play Store commission to 15% for developers on first $1 million revenue &nbsp New Delhi: Internet major Google has slashed the service fee developers have to pay on in-app purchases of digital goods on its Play Store from 30 per cent to 15 per cent, joining rival Apple, on t...

5 days ago Google is halving the commissions it collects from developers on in-app purchases to 15%; however, this is only for the first $1 million of revenue in a year. The change, which seems to be aimed at bolstering Google’s image of being friendly to small businesses, will be applicable from July 1, 2021. Google claimed in a blog post that 99% of developers globally will see a 50% reduction in fees because of this change. Google’s main competitor Apple had announced a similar policy fo...

Google to slash app store fees by half for developers’ first US$1m in sales Josh Taylor © Provided by The Guardian Photograph: Issei Kato/Reuters Google will slash the fee it takes from Android app developers in the Google Play store by half following a similar move by Apple last year, as the two companies face legal challenges over the fees. The company announced the move, which will take effect from July, in a blog post on Tuesday. The amount taken from purchases of apps,...

Hillicon Valley: US Intel says Russia, Iran sought to influence elections | Advocates press Facebook to combat Spanish-language disinformation | Five attorneys general join lawsuit against Google Maggie Miller,Chris Mills Rodrigo and Rebecca Klar © Getty Images Hillicon Valley: US Intel says Russia, Iran sought to influence elections | Advocates press Facebook to combat Spanish-language disinformation | Five attorneys general join lawsuit against Google Welcome to Hillicon Va...

Mar 17th, 2021 For the longest time ever, many have criticized platforms like Apple’s App Store and the Google Play Store for taking too big of a cut from app sales and in-app purchases. The cut is usually set at 30% which means that for every dollar developers make, 30 cents goes to either Apple or Google. Now it seems that Google is taking a page out of Apple’s playbook by announcing that starting 1st of July, they will be reducing their commissions to 15%. Do note that this 15% cut will ...

World Business Quick Take US beef tariffs increase Tokyo is temporarily raising tariffs on US beef imports as volumes have exceeded levels agreed to between the two nations for the fiscal year ending on March 31, the Ministry of Agriculture, Forestry and Fisheries said yesterday. From today, the tariff would rise to 38.5 percent from 25.8 percent for 30 days through April 16, marking the first time the safeguard measure has been imposed on US beef imports since August 2017. Japan imported 242,2...

The reduction in Play Store fees only applies to developers (including Indian developers) selling in-app digital goods and services, for example, coins in a game.

Google cuts mobile app store fee in half amid scrutiny

Once developers get past their first million in sales, Googles rates go back to the standard 30%.