Page 34 - Sameer Samat News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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 only apply for the first $1 million in revenue that developers earn through the Play billing system....

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 242,229 tonnes of US beef by early this month, exceeding the maximum 242,000 tonnes set under the Japan-U...

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, Google's rates go back to the standard 30%.