• Home
  • About
  • Contact
  • ePaper
Tuesday, August 25, 2026
No Result
View All Result
Kashmir Digest
  • Home
  • News
    • Local
    • National
    • Regional
    • World
  • Business
    • Economy
    • Finance
    • Tourism
    • Startup
    • Marketing
  • Ed-Op
    • Editorial
    • Opinion
    • Blog
  • Health
  • Sports
    • Cricket
    • Football
    • Other
  • Science and Tech
  • Show Biz
  • Home
  • News
    • Local
    • National
    • Regional
    • World
  • Business
    • Economy
    • Finance
    • Tourism
    • Startup
    • Marketing
  • Ed-Op
    • Editorial
    • Opinion
    • Blog
  • Health
  • Sports
    • Cricket
    • Football
    • Other
  • Science and Tech
  • Show Biz
No Result
View All Result
Kashmir Digest
No Result
View All Result
Home Science and Tech

Apple criticises Meta for up to 47.5% commission on VR purchases

by Indo-Asian News Service
April 16, 2022
in Science and Tech
0
Apple criticises Meta for up to 47.5% commission on VR purchases
Share on FacebookShare on TwitterWhatsappTelegram

San Francisco, April 15 (IANS) Tech giant Apple has criticised Meta over the “metaverse” company’s plans to charge developers up to 47.5 per cent for virtual goods sold through the Meta Quest store.

On Monday, Meta announced it would take an additional 17.5 per cent cut from goods sold in “Horizon Worlds” after taking a 30 per cent platform fee for being on the Meta Quest Store.

In an email to MarketWatch, Apple Senior Director of Corporate Communications Fred Sainz called the move hypocritical, since Meta has previously criticised Apple’s 30 per cent take, reports AppleInsider.

“Meta has repeatedly taken aim at Apple for charging developers a 30 per cent commission for in-app purchases in the App Store — and have used small businesses and creators as a scapegoat at every turn,” Sainz was quoted as saying in the email.

“Now — Meta seeks to charge those same creators significantly more than any other platform. [Meta’s] announcement lays bare Meta’s hypocrisy. It goes to show that while they seek to use Apple’s platform for free, they happily take from the creators and small businesses that use their own,” Sainz added.

Facebook, now Meta, has been a loud voice in opposition to Apple’s 30 per cent platform fees. It has previously called Apple’s 30 per cent cut a hindrance to unlocking opportunities for creators and small businesses.

Meta calls its 47.5 per cent rate “competitive” and that it believes “in the other platforms being able to have their share”. However, the rate is much higher than Apple’s 30 per cent take and the 2 per cent take from certain NFT markets.

“Horizon Worlds” is Meta’s play into the “Metaverse,” a VR platform where people meet up, chat, buy goods, and have customised avatars.

Indo-Asian News Service

Related Posts

IIT Jammu’s Startup-SAP Aerospace wins DRDO’s Dare to Dream 4.0 Innovation Contest to Develop Engines for Combat Drones
J&K

IIT Jammu’s Startup-SAP Aerospace wins DRDO’s Dare to Dream 4.0 Innovation Contest to Develop Engines for Combat Drones

June 28, 2024
IT department tightens noose on overchargers, cancels licenses of 6 CSCs
J&K

IT department tightens noose on overchargers, cancels licenses of 6 CSCs

May 27, 2024
Govt Polytechnic Jammu organizes technical visit for students to Gladni Grid Station
J&K

Govt Polytechnic Jammu organizes technical visit for students to Gladni Grid Station

May 20, 2024
Next Post
It’s all happening in Kerala — Good Friday, Vishu and Ramadan

It's all happening in Kerala -- Good Friday, Vishu and Ramadan

Jaishankar meets UN chief Guterres, discusses key issues including Ukraine situation

6 dead, 3 injured in vehicle-truck collision in Jodhpur

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Awareness on safe & judicious use of pesticides held at Shopian

Awareness on safe & judicious use of pesticides held at Shopian

1 year ago
Vaccination is key for long healthy life for all: Experts

Vaccinate children against HPV to prevent cancers: DAK urges parents

4 years ago
Kashmir University gets its first woman Vice Chancellor

KU-VC chairs closing ceremony of 2-day ‘TechFest’ at South Campus

4 years ago
Reasi braces for 7-Day Aakansha Haat, Sampoornata Samman Samaroh

Reasi braces for 7-Day Aakansha Haat, Sampoornata Samman Samaroh

1 year ago

Categories

  • Big Story
  • Blog
  • Business
  • Court
  • Cricket
  • Economy
  • Ed-Op
  • Editorial
  • Education
  • Finance
  • Football
  • Health
  • J&K
  • Latest News
  • Local
  • Marketing
  • National
  • News
  • Opinion
  • Other
  • Politics
  • Regional
  • Religious
  • Science and Tech
  • Show Biz
  • Sports
  • Startup
  • Top News
  • Tourism
  • UT Ladakh
  • World
No Result
View All Result

Highlights

DC Bandipora Chairs DCC/DLRC Meeting; Calls for Accelerated Priority Sector Lending and 100% KCC Saturation

DC Anantnag reviews implementation of TB Mukt Bharat Abhiyan, directs 100% screening, strengthened block-level monitoring

ADC Anantnag Inspects SWM Treatment Plant at Uranhall

Eid-Milad-un-Nabi (SAW) Arrangements Finalised in Anantnag

Director Agriculture reviews progress on Centrally Sponsored Schemes and CAPEX

SKUAST-K, Mission YUVA, IIM Jammu sign tripartite MoU to accelerate youth-led Neo-Innovative Startups in J&K

Trending

Javed Rana launches ₹14.38 cr water supply projects for Upper Thathar, Sidhra under SASCI
J&K

Javed Rana launches ₹14.38 cr water supply projects for Upper Thathar, Sidhra under SASCI

by KD Desk
August 21, 2026
0

JAMMU, AUGUST 20: Minister for Jal Shakti, Forest, Ecology & Environment and Tribal Affairs, Javed Ahmed Rana,...

DC Anantnag reviews AgriStack Progress, Directs Time-Bound completion

DC Anantnag reviews AgriStack Progress, Directs Time-Bound completion

August 21, 2026
DC Budgam reviews arrangements for Eid-ul-Milad-un-Nabi (S.A.W.)

DC Budgam reviews arrangements for Eid-ul-Milad-un-Nabi (S.A.W.)

August 21, 2026
DC Bandipora Chairs DCC/DLRC Meeting; Calls for Accelerated Priority Sector Lending and 100% KCC Saturation

DC Bandipora Chairs DCC/DLRC Meeting; Calls for Accelerated Priority Sector Lending and 100% KCC Saturation

August 21, 2026
DC Anantnag reviews implementation of TB Mukt Bharat Abhiyan, directs 100% screening, strengthened block-level monitoring

DC Anantnag reviews implementation of TB Mukt Bharat Abhiyan, directs 100% screening, strengthened block-level monitoring

August 21, 2026
Kashmir Digest

©Kashmir Digest -

Navigate Site

  • Home
  • About
  • Contact
  • ePaper

Follow Us

No Result
View All Result
  • Home
  • News
    • Local
    • National
    • Regional
    • World
  • Business
    • Economy
    • Finance
    • Tourism
    • Startup
    • Marketing
  • Ed-Op
    • Editorial
    • Opinion
    • Blog
  • Health
  • Sports
    • Cricket
    • Football
    • Other
  • Science and Tech
  • Show Biz

©Kashmir Digest -