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Fortnite Owner Calls Apple, Google a ‘Duopoly’

Jul.28 — Tim Sweeney, chief executive officer of Epic Games, which makes the popular Fortnite game, says Apple and Google act like a “duopoly.” He says they charge excessive fees to list games in their app stores. He appears on “Bloomberg Technology.”

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Jul.28 — Tim Sweeney, chief executive officer of Epic Games, which makes the popular Fortnite game, says Apple and Google act like a “duopoly.” He says they charge excessive fees to list games in their app stores. He appears on “Bloomberg Technology.”

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7 Comments

7 Comments

  1. dee sheppard

    July 28, 2020 at 10:58 pm

    The beautiful Emily I bet the top tech and jeff benzo try to talk there way out of it Facebook have a 100 full time lobbyist why do you think that is close them down or break them up

  2. dee sheppard

    July 28, 2020 at 11:00 pm

    Ask anyone who has a apple device most of the free apps are rubbish and you have to pay to upgrade to the better version of the app

  3. Rowan Gontier

    July 28, 2020 at 11:14 pm

    Is the CEO saying that if he could make a hit game for cost of $10 million, that he would charge per game an amount so that he could make a “fair” profit of say $5million in total? So if there were a billion users, he would aim for a sales price of less than $1 for a hit game? Come on. Everybody charges what they can. Grow up.

  4. Noble Team

    July 28, 2020 at 11:16 pm

    Cool content ????????????????

  5. James Bond

    July 28, 2020 at 11:31 pm

    Having only two app stores is outrageous. Specially Apple they make the phone, The app store, The apps in the app store, and processing payment. The congress MUST do something!

  6. Noble Society

    July 28, 2020 at 11:38 pm

    Showing some love ????????

  7. Shockadelica

    July 28, 2020 at 11:57 pm

    Epic gives away free games on Thursdays of varying quality and value. It’s the only reason I have an account; the store and launcher are not nearly as good as Steam or GOG. Epic Games Store has caused frustration among PC gamers with the anti competitive practice of spending millions to have the exclusive rights to sell a number of games on PC, including high profile ones, instead of them being available on the older more popular stores Steam and GOG. For example Borderlands 3, Control and The Outer Worlds.

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Bloomberg Technology

Intel’s Big Raise, Apple’s iPhone Roadmap | Bloomberg Tech 8/11/2026

Bloomberg’s Ed Ludlow breaks down Intel’s upsized $20 billion share sale, raising a third more than it was targeting when it announced the deal on Monday. Plus, sources tell Bloomberg that Apple’s glass-centric iPhone overhaul is still on track for 2027, even after an analyst’s report said it had been cancelled. And, drone startup Neros…

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Bloomberg’s Ed Ludlow breaks down Intel’s upsized $20 billion share sale, raising a third more than it was targeting when it announced the deal on Monday. Plus, sources tell Bloomberg that Apple’s glass-centric iPhone overhaul is still on track for 2027, even after an analyst’s report said it had been cancelled. And, drone startup Neros raises $250 million in a funding round that triples its valuation.

00:00:00 – Bloomberg Tech Begins
00:01:08 – Ian King, Bloomberg News
00:03:39 – Carol Schleif, BMO Wealth Management
00:10:56 – Anurag Rana, Bloomberg Intelligence
00:14:01 – Spencer Soper, Bloomberg News
00:17:04 – Chris Pavlovski, Rum Group CEO
00:23:00 – Denitsa Tsekova, Bloomberg News
00:26:28 – Olivia Solon, Bloomberg News
00:30:17 – Soren Monroe-Anderson, Neros CEO & Shaun Maguire, Sequoia Partner
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Bloomberg Technology

RUM Group’s $3 Billion AI Opportunity

RUM Group posted record quarterly revenue as its push into AI infrastructure begins to show up in results following its acquisition of Northern Data. CEO Chris Pavlovski joins Bloomberg to discuss the company’s Quake AI business, its push to monetize more than 250 megawatts of power capacity and what he calls a $3 billion annual…

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RUM Group posted record quarterly revenue as its push into AI infrastructure begins to show up in results following its acquisition of Northern Data. CEO Chris Pavlovski joins Bloomberg to discuss the company’s Quake AI business, its push to monetize more than 250 megawatts of power capacity and what he calls a $3 billion annual revenue opportunity. He also explains why the company’s Rumble video platform gives it an edge as AI expands into robotics. He joins Ed Ludlow on “Bloomberg Tech.”
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Sequoia Bets on Neros for American Drone Future (Correct)

Drone startup Neros has raised $250 million in a round co-led by Sequoia that triples its valuation to $2.5 billion as it expands beyond strike drones into autonomous systems and drone interceptors. CEO Soren Monroe-Anderson and Sequoia partner Shaun Maguire join Bloomberg to discuss plans to ramp up drone production, the race to build a…

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Drone startup Neros has raised $250 million in a round co-led by Sequoia that triples its valuation to $2.5 billion as it expands beyond strike drones into autonomous systems and drone interceptors. CEO Soren Monroe-Anderson and Sequoia partner Shaun Maguire join Bloomberg to discuss plans to ramp up drone production, the race to build a US supply chain independent of China, and why they ultimately see a path to producing one million drones a year. They join Ed Ludlow on “Bloomberg Tech.” (Corrects description of Sequoia’s involvement in Neros funding in headline.)
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