Daily Crunch: Apple cuts App Store fees

Apple is making a big shift in App Store fees, Duolingo raises more funding and Pfizer releases updated vaccine results. This is your Daily Crunch for November 18, 2020. The big story: Apple cuts App Store fees Apple is cutting the 30% fee it normally charges for App Store transactions to 15% for some developers — specifically, those who, after Apple’s commission, earn less than $1 million per year. The company estimates that this will impact the “vast majority” of apps, with more details about eligibility coming in December, before…

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