Apple urged a federal appeals court on Thursday to reject a bid by Epic Games to overturn a lower court’s ruling that Apple’s App Store policies do not violate federal antitrust laws. The case centers around Epic’s push for Apple to allow alternative app stores and payment systems for in-app purchases, which it says would drastically reduce Apple’s 30% commissions. Apple counters that the fees...
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Sumo Logic Cuts Staff After Francisco Partners Takeover
Data analytics software company Sumo Logic made widespread layoffs this week, according to people familiar with the matter and an email to staff viewed by The Information, less than a month after private equity firm Francisco Partners bought the company for $1.7 billion. The exact size of the cuts couldn’t be learned. Chief Executive Joe Kim, who was named CEO three days after the...
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