Facebook has temporarily shamed Apple out of taking a 30 percent cut of paid online events organized by small businesses and hosted on Facebook—things like cooking classes, workout sessions, and happy hours. Demand for these kinds of online events has soared during the COVID-19 pandemic. Apple says that it has a longstanding policy that digital products Read more about Apple backs down on taking 30% cut of paid online events on Facebook – for a few months[…]

Some makers of smart speakers, video doorbells and other hardware hit roadblocks buying key ads in search results on Amazon; gadgets made by e-commerce giant get edge. From a report: Amazon.com is limiting the ability of some competitors to promote their rival smart speakers, video doorbells and other devices on its dominant e-commerce platform, according Read more about Amazon Restricts How Rival Device Makers Buy Ads on Its Site[…]

Google has decided to shut down the Chrome Web Store payments API permanently after what was supposed to be a temporary closure at the start of the year. In January, the internet advertising biz halted the publication of Chrome apps, extensions, and themes in the Chrome Web Store that were either paid-for or took in-app Read more about Another body for the Google graveyard: Chrome Web Store payments, citing alternatives – unlike Apple. Costs were 5%, also unlike Apple’s 30%.[…]

Leaked documents involving about $2tn of transactions have revealed how some of the world’s biggest banks have allowed criminals to move dirty money around the world. They also show how Russian oligarchs have used banks to avoid sanctions that were supposed to stop them getting their money into the West. It’s the latest in a Read more about All you need to know about FinCEN documents leak[…]