Epic Apple announced billions of dollars in funding before the trial

Going to war with With the help of its larger battle chest. Forward The App Store has raised another ড 1 billion for epic funding among companies, with publishers claiming anti-competitive app store practices. Epic is now worth .7 28.7 billion.

The funding round includes a বিনিয়োগ 200 million strategic investment from Sony. Epic says the latest cash injection “is based on the already close relationship between the two companies and further strengthens their partnership mission to advance the state of technology, entertainment and industry. “Sony At Epic last year. Meanwhile, Epic Games CEO Tim Sweeney is the company’s controlling shareholder.

Although epic Not to mention the legal battle with Apple, the timing of the funding round is interesting. The first court date is May 3rd.

, Epic would argue that competition is diminishing through alleged abuse of the Apple App Store review process. Apple also takes A 30 percent cut App Store and App Buying, Which Epic protested This case ignites the fuse.

Apple, on the other hand, would argue that several more digital marketplaces, such as Steam and the Google Play Store, which competitors claim, will accept 30 percent of purchases. It maintains that its app review policy and restrictions on external loads have helped keep iOS devices secure.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *