Search
Advertisement
‘Very concerning,’ says Elon Musk on new Apple App Store changes in EU

‘Very concerning,’ says Elon Musk on new Apple App Store changes in EU

The billionaire entrepreneur's remarks came in response to a statement by Spotify CEO Daniel Ek on X, where Ek criticised Apple's DMA announcement as "at best vague and misleading."

Pranav Dixit
Pranav Dixit
  • Updated Jan 27, 2024 4:55 PM IST
‘Very concerning,’ says Elon Musk on new Apple App Store changes in EUElon Musk

Elon Musk, the owner of X, has weighed in on the ongoing debate surrounding Apple's App Store changes in the European Union (EU), expressing deep concerns. The discussion comes ahead of the implementation of the Digital Markets Act (DMA) in March.

The billionaire entrepreneur's remarks came in response to a statement by Spotify CEO Daniel Ek on X, where Ek criticised Apple's DMA announcement as "at best vague and misleading."

Advertisement

In his response, Musk echoed Ek's sentiments, stating that the proposed changes are "very concerning." However, he refrained from elaborating further on the matter.

Apple recently unveiled plans to implement changes to iOS, Safari, and the App Store within the European Union in compliance with the upcoming DMA regulations set to take effect in March.

A significant development is the decision to permit third-party app stores on iOS devices for the first time, with the alterations set to be introduced alongside the rollout of iOS 17.4 next month.

Nevertheless, the introduction of a new App Store tax has emerged as a contentious issue. Last August, Musk announced intentions to engage with Apple CEO Tim Cook to negotiate a reduction in the App Store Tax.

Advertisement

In a statement, Musk outlined a revised policy, stating, "While we had previously said that X would keep nothing for the first 12 months, then 10 per cent, we are amending that policy to X keeps nothing forever, until payout exceeds $100k, then 10 per cent. The first 12 months remain free for all."

He further highlighted Apple's existing 30 per cent commission rate, indicating intentions to discuss adjustments with Cook to ensure creators receive maximum benefits.

Also Read Apple embraces change: Sideloading, alternate app stores coming to iPhone thanks to the EU

For Unparalleled coverage of India's Businesses and Economy – Subscribe to Business Today Magazine

Follow us on

ABOUT THE AUTHOR

Pranav Dixit
Pranav Dixit

I don’t just chase stories, I shape them. As an editor and journalist deeply immersed in both technology and luxury, I bring a sharp eye for detail, a bias for clarity over cliché, and a knack for finding the narrative that others miss. Whether I’m unpacking a flagship device or exploring the craftsmanship behind a heritage brand, I approach every piece with precision and purpose.

I’ve interviewed industry leaders from AI pioneers and watchmakers to whisky blenders and hoteliers, and I thrive on asking the kind of questions that lead to real insight, not recycled soundbites. My work bridges deep reporting with a clean, compelling editorial voice, crafted to resonate across platforms and capture the attention of the world’s most discerning audiences.

Published on: Jan 27, 2024 4:55 PM IST