Tag: business
Apple Adjusts App Store Pricing and Developer Payouts in Response to VAT Changes in Russia and Kazakhstan
Apple revises App Store pricing and developer earnings in Russia and Kazakhstan following increased VAT rates effective January 30.
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Leica Owners Explore Sale of Camera Company Valued Near $1.2 Billion
Leica’s majority shareholders, including billionaire Andreas Kaufmann and Blackstone, are considering selling the German camera maker for around €1 billion.
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Meta Scales Back VR Efforts Amid Slower Market Growth
Meta reduces VR investments, closing studios and dropping projects as slow market expansion forces a strategic shift.
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Chinese Drone Maker DJI Attempts US Market Entry Using Alternative Brands
DJI faces import restrictions in the US and is reportedly trying to enter the market under different brand names.
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Apple Challenges European Commission Over Antitrust Fines and Regulatory Delays
Apple accuses the European Commission of excessive scrutiny and unfair fines amid ongoing antitrust investigations.
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Bending Spoons Acquisition Leads to Major Vimeo Staff Reductions
Following its purchase by Bending Spoons, Vimeo has undergone significant staff layoffs affecting a large portion of its workforce.
Read MoreIntel Shares Plunge 17% Following Quarterly Earnings Report
Intel’s stock dropped sharply by 17% after its latest quarterly earnings, marking the steepest decline since August 2024.
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