Apple backs down on event fees, but Facebook still isn’t happy

Facebook on Friday said Apple temporarily reversed its decision to take a 30% cut of transactions generated by small businesses hosting paid virtual events through the Facebook app. But although it’s a temporary win for Facebook, the company still used the opportunity to frame Apple’s App Store rules as harmful to small businesses during the Covid-19 pandemic and global recession.

Link: Apple backs down on event fees, but Facebook still isn’t happy
via http://www.cnbc.com

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