Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Business

Apple, Epic Games CEOs on list of witnesses in Fortnite case

2021 03 20T080018Z 1 LYNXMPEH2J03C RTROPTP 4 TELEVISION THE MORNING SHOW PREMIERE - Global Banking | Finance

(Reuters) – Apple Inc and Epic Games have listed their chief executive officers as potential witnesses in a case between the iPhone maker and the video game developer over the App Store payment system, court documents showed.

Apple and Epic Games, creator of the popular game Fortnite, have been in a legal battle since last year, when Epic Games tried to avoid a 30% App Store fee by launching its own in-app payment system. The move prompted Apple to ban Fortnite from its store.

In addition to CEO Tim Cook, Apple also named software chief Craig Federighi and App Store Vice President Matt Fischer on a tentative list of witnesses submitted to the U.S. District Court Northern District of California Oakland Division, a copy of which was seen by Reuters.

Epic Games listed its founder and CEO Tim Sweeney, its game store manager Steve Allison, and Thomas Ko, head of online business strategy, among its own witnesses for the trial.

“The chorus of developers speaking out against Apple and their anticompetitive practices has become louder,” Epic Games said in a statement.

Apple did not respond to a Reuters request for comment, but told Bloomberg https://www.bloomberg.com/news/articles/2021-03-20/apple-s-cook-other-senior-leaders-to-testify-in-fortnite-trial?sref=ZoyErlU1 in a statement that it felt “confident the case will prove that Epic purposefully breached its agreement solely to increase its revenues.”

(Reporting by Ismail Shakil and Derek Francis in Bengaluru; Editing by Jason Neely and Daniel Wallis)

Global Banking & Finance Review

 

Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!


By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review │ Banking │ Finance │ Technology. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post