Summary
On this edition of Business Weekly, we look at the battle between the makers of one of the world’s biggest computer games, Fortnite, and the world’s biggest tech company, Apple. The court case could have implications for how app stores and payment models are run in the future. We also take a look at the jewellery sector and hear two different tales of sustainability - from those selling diamonds made in a laboratory and those digging them out of the ground. Plus, we head to campuses in the United States, where universities cash in on the popularity of college sports, while the players themselves - the students – rarely see a penny for their efforts. That is quickly changing, but perhaps too rapidly for some observers. Business Weekly is presented by Sasha Twining and produced by Matthew Davies.
Transcript
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| 0:00.0 | Hello and welcome to this edition of Business Weekly with me, Sasha Twining. |
| 0:08.8 | On this week's programme, I'll take you from a courtroom in California, |
| 0:12.7 | where an epic battle is raging between a games creator and a technology giant. |
| 0:17.7 | We'll talk jewellery, and here if you can tell any difference between a real |
| 0:21.6 | and a man-made diamond, plus a different type of diamond. The baseball field one. We'll hear |
| 0:27.7 | why the students who run out for their colleges in the United States may be struggling for cash |
| 0:32.6 | while the universities are making millions in broadcast deals. First, a battle worthy of inclusion in the global gaming hit, Fortnite. |
| 0:49.3 | This time, however, the fight is not set in the online world, but in the courtroom. On one side, Apple, the technology giant. On the other, Epic, that's the Games Maker behind Fortnite. Now, in essence, Epic previously objected to being forced to use and therefore pay for the right to be on Apple's App Store if they wanted to sell to Apple product customers. |
| 1:13.6 | The Games Maker then set up its own payment system to bypass this, |
| 1:17.8 | and when Apple kicked it off the App Store in retaliation, Epic decided to sue. |
| 1:23.6 | Now, this is not a petty squabble about who gets to sell on what platform, though. |
| 1:28.4 | The implications, certainly for Apple, are huge. |
| 1:32.5 | Addy Robertson is senior reporter for The Verge. |
| 1:35.2 | It's the technology news website and has been following this. |
| 1:38.5 | At the most extreme, this could rewrite how the iPhone works, |
| 1:42.8 | one of the biggest computing platforms in the world. |
| 1:46.1 | A platform that's been really focused on a very locked down, self-contained, sort of curated |
| 1:52.5 | experience could have to open itself up to alternative app stores and to payment systems |
| 1:59.1 | that aren't built into the app store. It would be a really fundamental |
| 2:02.8 | change. And even if Apple doesn't lose that big, this could really change that way that the |
| 2:10.0 | app economy functions because it suddenly could make subscriptions and in-app purchases, |
| 2:15.3 | which are a really big part of Apple's business, a lot less |
... |
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