Business

Five things to know about the EU's landmark digital act

EU lawmakers and officials have agreed the main points of a landmark piece of legislation, known as the Digital Markets Act (DMA), that aims to loosen the grip held by Big Tech on life online.

Business

EU negotiators agree landmark law to curb Big Tech

Negotiators from the European Parliament and EU member states agreed Thursday on a landmark law to curb the market dominance of US big tech giants such as Google, Meta, Amazon and Apple.

Business

EU in 'final countdown' to big tech crackdown

EU lawmakers wrangled Thursday to put the final touches on an unprecedented rulebook to curb the market dominance of US Big Tech giants such as Google, Meta, Amazon and Apple.

Business

EU in final push for Big Tech crackdown

Big tech companies could face unprecedented curbs on how they do business as early as next year, European officials said on Tuesday, as EU lawmakers put the final touches on a new law that would impact Google, Meta, Apple ...

Internet

Trump's new social media app has rocky rollout

Donald Trump's new social media app has started its gradual rollout but thousands of would-be users encountered glitches or found themselves placed on a waitlist Monday due to what the app called "massive demand."

Business

Microsoft vows app store fairness with Activision merger

Microsoft on Wednesday courted the favor of antitrust regulators scrutinizing its plan to buy video game maker Activision Blizzard, promising that any app store it builds will treat developers fairly.

Business

Amazon to open Los Angeles clothing store, in first

Amazon's online commerce empire is taking another step into the real world with plans announced Thursday to open a shop in Los Angeles that would be its first bricks-and-mortar clothing store.

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App Store

The App Store is a service for the iPhone and iPod Touch created by Apple Inc. which allows users to browse and download applications from the iTunes Store that were developed with the iPhone SDK and published through Apple. They are available to purchase or free of charge, depending on the application. The applications are downloaded directly to iPhone or iPod Touch. The App Store is also available within iTunes. While Apple has stated that they do not expect to profit from the store, it has been predicted by Piper Jaffray that the App Store could create a profitable marketplace with revenue exceeding US$1 billion annually for the company. Apple allows 70% of revenues from the store to instantly go to the seller of the app, and 30% go to Apple. The App Store opened early in the morning on July 10, 2008 via an update to iTunes. Applications were immediately available for download at that time. However, iPhone and iPod Touch software version 2.0 was not yet available through Software Update, making the applications unusable. The iPhone OS 2.0 was released on July 11, 2008, and applications were able to be transferred onto the newly updated devices. As of July 14, 2009, there are over 65,000 third-party applications officially available for the iPhone and iPod Touch on the App Store.

After the success of Apple's App Store, and the launch of similar services by its competitors, the term "app store" has appeared as a generic term referring to any similar service for mobile devices.

The App Store is accessible from the iPhone and iPod Touch via an iPhone OS application by the same name.

This text uses material from Wikipedia, licensed under CC BY-SA