Bloomberg Technology
Fortnite Owner Says Apple Supports Unfair Business Practices
Jul.31 — Tim Sweeney, chief executive officer of Fortnite owner Epic Games, discusses his view on Apple’s antitrust behavior on “Bloomberg Technology.”
Bloomberg Technology
President Trump Announces Apple and Intel Chip Collaboration | Bloomberg Tech 6/18/2026
Bloomberg’s Ed Ludlow discusses the latest announcement made by President Donald Trump, which will see Apple and Intel joining forces to produce chips domestically, sending shares of the chipmaker higher. Plus, Anduril’s CEO discusses how the company won a contract with the US Air Force to produce autonomous fighters. And, SpaceX wraps up its first…
Bloomberg Technology
Rumble Bets on AI Compute Demand With New AI Platform
Video platform Rumble is jumping on the AI bandwagon with its newest AI platform. Launching as Quake AI, the new sector combines cloud, compute, and AI infrastructure, and is slated to dominate the company’s business segment. Rumble CEO Chris Pavlovski joins Ed Ludlow on “Bloomberg Tech” with more on the pivot. ——– Like this video?…
Bloomberg Technology
Investors Anticipate Fresh Liquidity Following Historic SpaceX Debut
SpaceX’s historic public debut comes during a critical inflection point as a wave of multibillion-dollar AI companies prepare to go public. With the unprecedented IPO, investors are anticipating a wide-scale “distribution event” that will give private markets the fresh cash it desperately needs. Matt Witheiler, Head of Late-Stage Growth at Wellington Management, thinks the private…
You can always count on people to fill in the blanks #TEDTalks
How to Invite Creativity into Your Life | Rose B. Simpson, Debbie Millman | TED
Meet the World’s Fastest Steam-Powered Rocketbike
-
Science & Technology6 years agoNitya Subramanian: Products and Protocol
-
People & Blogs4 years agoSleep Expert Answers Questions From Twitter ???? | Tech Support | WIRED
-
CNET6 years agoWays you can help Black Lives Matter movement (links, orgs, and more) ????????
-
Wired7 years agoHow This Guy Became a World Champion Boomerang Thrower | WIRED
-
Wired7 years agoNeuroscientist Explains ASMR’s Effects on the Brain & The Body | WIRED
-
Wired7 years agoWhy It’s Almost Impossible to Solve a Rubik’s Cube in Under 3 Seconds | WIRED
-
Wired7 years agoFormer FBI Agent Explains How to Read Body Language | Tradecraft | WIRED
-
CNET7 years agoSurface Pro 7 review: Hello, old friend ????
Chris Chris
July 31, 2020 at 11:21 pm
So basically he wants to sell his products in Walmart but doesn’t want Walmart to benefit from them selling goods in their store…….
George Ing
August 1, 2020 at 12:12 am
That’s not true though – right. He wants the ability to open an alternative to Walmart – to be able to release an Epic Game launcher.
I’m a macOS user, & an iOS user, but the fact that there is no conceivable way that Fortnite could let the 1 billion iPhone users make a purchase without giving Apple a 30% cut is pretty much the definition of a monopoly.
Chris Chris
August 1, 2020 at 11:37 pm
@George Ing Apple only takes a 30% cut from the 1st year of trading on the App store.. the rest is 15%. The fact that they want to open an alternative to Walmart is fine, he just can’t do that inside Walmart.. they need to go somewhere else because Walmart will not let them.
George Ing
August 2, 2020 at 3:57 am
Hey, so I don’t doubt your sincerity, and I can see the easy miscommunication in the way it’s portrayed by Bloomberg.
But that’s not actually correct, Apple take 30% of your apps revenue (not profits!) regardless of how long your company has been trading on the AppStore. That 30% only drops to 15% where a user has picked a subscription, and that subscription has exceeded a year – from my experience in the industry, a rare occurrence.
On the point of Walmart, that’s not a decent comparison because Walmart has competition. I am allowed to leave the Walmart store to purchase products elsewhere, the same is not true of Apple. The only way for me to buy Apps elsewhere is to spend another thousand bucks on a product – almost the literal definition of monopoly tactics.
That doesn’t mean Apple has to start supporting third party loaders like Android does, but forcing developers to use your store, and taking 30% of their revenue whilst banning them from replacing you as a payment option?
Yes that is anti-competitive.
Liberal Christo
July 31, 2020 at 11:26 pm
Break big Tech now!!!
Steven Scott
July 31, 2020 at 11:35 pm
0:41
beautiful-girls.online
John Lewis
July 31, 2020 at 11:36 pm
0:38
awesome-teens24.online
Gerardo Buenrostro
July 31, 2020 at 11:43 pm
The thing is… I don’t want an alternative payment provider. I want one, that’s why I bought an iPhone.
Athear Nasery
August 3, 2020 at 12:40 am
yeah same. with that being said, taking 30% of apps revenues is insane.
To Pi
August 1, 2020 at 12:11 am
There would be no platform…. if Apple didn’t create it…..
Raheem Campbell
August 1, 2020 at 1:35 am
Has anyone realized how valuable the App Store is? Imagine getting pushed to the front of the store and other benefits.
Google play store is full of malware and credit cards scams cause developers can use any payment provider. As a developer I’ll gladly give them my 30% for security
itint
August 1, 2020 at 1:36 am
They are a platform. If you dont’’like it, create yours.
mac berry
August 1, 2020 at 8:42 am
You can do that but Google isn’t going to make a YouTube app for a completing platform unless they somehow become popular than Apple and Android combined. Just ask Microsoft and Amazon what it’s was like trying get YouTube on their platform without Google sueing them
Garfield Grant
August 1, 2020 at 2:16 am
Let me get this, you want to come to my house say what you want to say do what you want to do and expect me to just be okay with it? ????
mac berry
August 1, 2020 at 4:34 am
He keeps saying thirty percent but that doesn’t explain the whole situation. The problem is Apple makes it hard to escape paying that fee. Huge legitimate companies that can afford their own infrastructure have to pay Apple a fee and it would be different if Apple was helping to acquire new customers but Apple is just a portal like a cable company. Netflix and Amazon are the biggest companies that have fought Apple to have more power on Apples platform. The iPhone is supposed to be a luxury device but all the apps cost anywhere from one dollar to five and the biggest money makers are games because they trick people into giving more money to help win the game or get upgrades
steppa money
August 1, 2020 at 5:59 am
Nope the reason why it is so secure is because its locked off. It would open up to a world of holes. Updates would be a nightmare too.
Captain Bum face
August 1, 2020 at 8:52 am
What Apple? Whom uses child slave labour with suicide nets in China, and charge $700 for wheels and $1000 for a monitor stand are guilty of bad business practices?
Exoticc Matt
August 1, 2020 at 3:08 pm
mobile on fortnite sucks ass anyway who cares
Exoticc Matt
August 1, 2020 at 3:09 pm
and y have an epic games store on ios anyway? half the games aren’t playable
dada
August 1, 2020 at 4:12 pm
It is not a problem for now!! Trump seem try to change the main stream
We can talk about fair internet later!!!
Armadillo
August 1, 2020 at 4:19 pm
Says the gaming industry’s biggest hypocrite.
Oscar Fish
August 1, 2020 at 7:02 pm
Wait, did Sweeney copy that statement??
Danny007
August 1, 2020 at 7:25 pm
Funny how he is complaining about business practices. You’d think sweeny would be more focused on getting his shitty controversial epic games store fixed and fully featured rather than complaining about not being able to put it on more devices.
Sup
August 1, 2020 at 8:46 pm
Humpty Dumpty
1k subs before 2021?
August 2, 2020 at 7:59 pm
To the people who read this comment: Stay Safe and have a nice day!
100 subs with no videos challenge
August 2, 2020 at 9:48 pm
(read my name) #2