• Home
  • About
  • Contact
  • ePaper
Saturday, June 6, 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

Climate tech firm Arcadia acquires Urjanet with significant India presence

Climate tech firm Arcadia acquires Urjanet with significant India presence

4 years ago
First batch of Pilgrims flagged-off for annual SANJY-2024 from Domail, Baltal Base Camp

First batch of Pilgrims flagged-off for annual SANJY-2024 from Domail, Baltal Base Camp

2 years ago
Srinagar airport lacks landing aids: Omar

Srinagar airport lacks landing aids: Omar

4 years ago
‘Victims denied fair hearing’: SC cancels Ashish Mishra bail in Lakhimpur Kheri case

Reservation now for seven decades, shouldn’t continue for ‘an indefinite period’: SC

4 years 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

Press Communique

MDL demonstrates AI based Forest Fire Detection, Management System to Javed Rana

Secretary RDD reviews sanitation preparedness on Baltal axis for SANJY-2026

Commissioner Secretary Cooperatives reviews preparations for Cooperation Ministry’s zonal review workshop in Srinagar

`This week-long event showcases Jammu Kashmir’s priceless handlooms and handicrafts and draws both art lovers and buyers

Div Com reviews flood preparedness and heatwave management in Jammu Division

Trending

DC reviews progress of RDD schemes, District Capex Budget, PMAY-G, SBM, MGNREGA and JKRLM in Udhampur
J&K

DC reviews progress of RDD schemes, District Capex Budget, PMAY-G, SBM, MGNREGA and JKRLM in Udhampur

by KD Desk
June 5, 2026
0

UDHAMPUR, JUNE 04: Deputy Commissioner Udhampur, Minga Sherpa, today chaired a review meeting with officers of the...

Statehood Day of Telangana Celebrated in Lok Bhavan

Press Communique

June 5, 2026
Sakeena Itoo reviews performance, functioning of J&K Medical Supplies Corporation Limited

Sakeena Itoo reviews performance, functioning of J&K Medical Supplies Corporation Limited

June 5, 2026
Press Communique

Press Communique

June 5, 2026
MDL demonstrates AI based Forest Fire Detection, Management System to Javed Rana

MDL demonstrates AI based Forest Fire Detection, Management System to Javed Rana

June 5, 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 -