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TechCrunch Daily Crunch

Daily Crunch 11/19/20

TechCrunch Daily Crunch

SpokenLayer

Tech News, News, Technology

3.849 Ratings

🗓️ 19 November 2020

⏱️ 5 minutes

🧾️ Download transcript

Summary

Welcome to TechCrunch daily news, a round up of the top tech news of the day. --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. The big story is: 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. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

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station dot com code tech news welcome to tech crunch daily news a roundup of the

0:50.3

top tech news of the day brought torought to you by the SoFi Daily Podcast.

0:54.7

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0:58.4

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1:05.1

your financial life. Search for Sophie, S-O-F-I, wherever you get your podcasts.

1:11.3

Apple is making a big shift in App Store Fees. podcasts. This is your Daily Crunch.

1:23.0

The big story is Apple is cutting the 30% fee

1:27.0

it normally charges for App Store transactions

1:30.0

to 15% for some developers.

1:33.2

Specifically, those who, after Apple's Commission,

1:36.0

earn less than $1 million per year.

1:38.9

The company estimates that this will impact the vast majority of apps with more details about eligibility coming

1:44.6

in December.

1:45.4

Apple has faced increasingly vocal criticism over these fees from companies like Epic Games

...

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