pressure

Apple Makes Modifications to DMA Regulations Under External Pressure, But Maintains Core Technology Fee Structure

App Store 2024 V3
However, Apple is today announcing a handful of smaller concessions driven by feedback from its app developer community, it says. In addition, the move to opt into the DMA terms is no longer a one-way switch. However, these changes don’t address the major complaints with Apple’s DMA rules, which involve reducing commissions on App Store purchases in favor of other new fees. Before, Apple was requiring that corporations sign up each membership it controls if it chose to opt into the DMA rules. It also says apps that don’t comply with its guidelines will be blocked from installation — including via alternative app marketplaces.

“Rivian Implements Workforce Reduction Amid Increasing Pressure on EV Pricing”

Rivian Hero Desktop Mpjmqe
This is the third round of layoffs for the EV company since July 2022 when Rivian cut 6% of its workforce. On a full-year basis, Rivian reported revenue of $4.4 billion, up from $1.66 billion in 2022. It brought in about $39 million in the fourth quarter and $73 million for the full year from the sale of regulatory credits. On an adjusted basis, it reported a loss of $1.1 billion compared to a $1.5 billion loss in the same year-ago period. “We took significant steps towards driving greater efficiency in 2023 gross profit per vehicle improved by approximately $81,000 when comparing the fourth quarter of 2023 to the fourth quarter 2022,” Scaringe said on an earnings call Wednesday.

“Potential Sale: Segment at Risk as Activist Investors Target Twilio”

Gettyimages 1048336664
With Twilio under activist pressure, Segment could be put up for sale But recovering the 2020 purchase price could be impossibleTwilio’s foray into the customer data (CDP) business could be heading for an early conclusion. During the last quarters of Lawson’s tenure atop the company, Twilio came under pressure from activist investors Anson Funds and Legion Capital to divest assets to bolster shareholder value. With all that value and an eye toward expanding its market, Twilio went out and spent $3.2 billion to acquire Segment. What is Segment worth? According to Twilio, its Segment unit generated $75 million worth of revenue in Q4 2023, up 4% from a $73 million result in the year-ago quarter.

Pressure Mounts for EU Legislators to Fully Disclose Ties with Child Safety Technology Company, Thorn

7723548230 8fa697d678 K
Last year the Commission released some documents relating to its exchanges with the company in question but denied access to others. But EU legislation is a three way affair — requiring buy in from the Commission and Council, too. Here’s the statement, attributed to European Commission spokesperson for Home Affairs, Anitta Hipper:The Commission will provide access to documents as appropriate and within our legal framework. Specifically, as regards the Ombudsman recommendation, the Commission will carefully consider the recommendation of the Ombudsman. We reached out to Thorn but it did not respond to a request for comment about the ombudsman’s inquiry.

Trending now

Baby wearables, texts from dogs, and E-Ink cars • TechCrunch
The Future of Babies: Wearables, Text Messages from Furry Friends, and E-Ink Automobiles
Airmyne Prototype
AirMyne Harnesses Geothermal Energy for Direct Air Carbon Capture Expansion
Atomos tows a $16M load of funding to create tugboats in space • TechCrunch
Atomos Takes Off With $16M For Tugboats in Space
Instagram now lets you bookmark posts with friends and store them in a dedicated space
Create and Explore a Saved Space with Instagrams New Bookmarking Feature