About Us
Pricing
Briefing
Apple Google

Google Halves App Store Commissions for Small Developers

By Martin Peers
· · Source: The Information

Google said it would halve to 15% the fee it charges most developers selling goods or services through the Google Play app store, the latest sign that tech giants are responding to political pressure over how they run app stores. In a blog post, Google said it will cut the fee starting July 1 for the first $1 million in revenue a developer earns in a year. Google said that would cut by 50%...

Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Latest Articles
 
Exclusive Venture Capital Startups
Anduril Raising New Round That Will Double Valuation to Over $4 Billion
By Berber Jin and Alex Heath · April 12, 2021 2:50 PM PDT
Anduril co-founder Palmer Luckey. Photo by Bloomberg.
Anduril Industries, a defense technology startup aiming to take on large U.S. contractors like Lockheed Martin Corp., is raising a new round of funding that will more than double the firm’s valuation to between $4 billion and $5 billion, two people familiar with the talks said. The Irvine, Calif.-based startup, valued at $1.9 billion last July, has been winning contracts with U.S....
Latest Briefs
 
Salesforce Extends Remote Work Policy Through End of Year
By Kevin McLaughlin · April 12, 2021
Sen. Hawley Proposes ‘Dominant Digital Firm’ Label in New Antitrust Bill
By Josh Sisco · April 12, 2021
Beijing Tightens Control Over Ant Group in Major Restructuring
By Juro Osawa · April 12, 2021
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.
From left, Chase Coleman III, Scott Shleifer, and John Curtius. Photos by Bloomberg. Art by Mike Sullivan
Exclusive Venture Capital Startups
Inside Tiger Global’s Deal Machine
By Kate Clark
In early 2018, Tiger Global Management hired retired U.S. Army colonel Greg Gadson to speak at the hedge fund’s offsite conference at Miraval, a luxury resort and spa in Arizona’s Sonoran Desert.
Illustration by Jesus Escudero.
Venture Capital Startups
Want a Piece of Stripe and SpaceX? Find an SPV
By Berber Jin
When Khosla Ventures in February wanted to sell part of its stake in Stripe, one of the hottest private tech companies in the world, the shares ended up being auctioned in an opaque process.
Podcast
Tech’s Tiger King — The Information’s 411
By Cory Weinberg
Cory talks to Kate Clark about the new king of venture capital deals: Tiger Global Management. The New York hedge fund has invested at a rapid pace, at higher and higher valuations.
A screenshot of a recent Snapchat augmented reality feature that lets users virtually try on Gucci sneakers. Photo provided by Snap
Exclusive Startups Facebook
Snap Acquires Screenshop App to Fuel Shopping Push
By Alex Heath
Snap is planning a bigger push into online shopping with a new feature in the Snapchat app that will recommend clothes users can buy based on photos they upload to the messaging app , according to two people with knowledge of the matter.
A promotional image provided by Greenlight
Exclusive Venture Capital Startups
Kid Debit Card Startup Greenlight Valued at $2 Billion in Andreessen-Led Round
By Kate Clark
Andreessen Horowitz is leading a new round of funding in Greenlight Financial Technology, a startup that offers debit cards meant for children, at a $2 billion valuation, according to two people familiar with the deal.
Travelers with their suitcases at a check-in counter at Munich airport. Photo by AP.
Venture Capital Travel
Fortunes Begin to Turn for Sonder and Other Travel Startups
By Cory Weinberg
Last March, Sonder was in dire straits. The startup, which rents furnished, hotel-like apartments to travelers, laid off nearly a quarter of its staff, slashed room prices and looked to terminate some of its leases as Covid-19 brought travel to a near halt.