Posts filtered by tags: Tim Sweeney[x]


Apple and Epic Games are revealing a ton of industry secrets in court filings - from untold billions in 'Fortnite' profits to private email exchanges, these are the 5 juiciest bits

Apple CEO Tim Cook, left, and Epic Games CEO Tim Sweeney, right. Apple/Rachel Luna/Stringer "Fortnite" maker Epic Games is suing Apple, and the bench trial started this week in California. Epic says Apple's App Store is a monopoly. Apple says Epic broke its developer contract. Through court filings, major secrets from Apple, Epic, Microsoft, and more have been revealed. Visit the Business section of Insider for more stories. Apple and the maker of "Fortnite" are currently at war in a C...
Tags: Iphone, Apple, Ios, Google, Android, Ipad, Microsoft, California, Washington, Xbox One, Trends, Playstation, Epic, Tim Cook, Sony, Xbox

Apple Offered Special App Store API Access to Hulu and Other Developers

Today is the fourth day of the Epic Games v. Apple legal battle, and documents shared in the trial continue to give us insight into the App Store and Apple's business practices. ‌App Store‌ Vice President Matt Fischer is on the stand answering questions from Apple and Epic lawyers, and one of the emails shared as evidence confirms that Apple has established special deals with major app developers like Hulu. In 2018, a tweet from developer David Barnard commented about ‌App Store‌ subscriptio...
Tags: Apple, Google Play, Epic, App Store, Hulu, Epic Games, Sweeney, Fischer, Tim Sweeney, David Barnard, Matt Fischer, Epic Games vs. Apple, Cindy Lin

Apple battles with Epic Games as Twitter advises on privacy rules: Wednesday Wake-Up Call

Welcome to Ad Age’s Wake-Up Call, our daily roundup of advertising, marketing, media and digital news. If you're reading this online or in a forwarded email, here's the link to sign up for our Wake-Up Call newsletters.    Battle royale commences Apple’s court fight with Epic Games, maker of Fortnite, began yesterday in California, kicking off a battle royale that could decide the future of the App Store and the $100 billion app economy...
Tags: Apple, Facebook, Twitter, Yahoo, California, Advertising, Epic, New York Times, Joe Jonas, Jonas, Expedia, Caitlyn Jenner, Golden State, Tim Sweeney, Danny Trejo, Yahoo Answers

Epic CEO Tim Sweeney Admits App Store's 30% Cut Is Similar to Consoles, Would Have Accepted Special Deal..

Apple's legal battle with Epic Games is continuing on, and during the second day of the trial, Epic Games' CEO Tim Sweeney continued his...
Tags: Apple, Tim Sweeney

Epic CEO Tim Sweeney Admits App Store's 30% Cut Is Similar to Consoles, Would Have Accepted Special Deal With Apple

Apple's legal battle with Epic Games is continuing on, and during the second day of the trial, ‌Epic Games‌' CEO Tim Sweeney continued his testimony against Apple. Sweeney was grilled by Apple's lawyers, and made several points seemingly favorable to Apple. In addition to mentioning how he prefers Apple's iPhone and values Apple's privacy policies that he's aiming to dismantle, Sweeney confirmed that Apple's 30 percent cut is also the "most prevalent rate" that other platforms charge. Micros...
Tags: Apple, Cook, Epic, Tim Cook, Sony, Nintendo, App Store, Epic Games, Phil Schiller, Sweeney, Tim Sweeney, Microsoft Sony, App Store Apple, Fortnite, Epic Games vs. Apple, Apple Sweeney

At its heart, the legal spat between Apple and 'Fortnite' maker Epic Games is about whether or not the iPhone is a computer

Epic Games Apple and "Fortnite" maker Epic Games are fighting in court over how the App Store works. Lawyers for the two companies presented their opening remarks on Monday, which laid out their cases. At the heart of the fight is a fundamental disagreement on whether or not the iPhone is a computer. Visit the Business section of Insider for more stories. Apple and "Fortnite" maker Epic Games just kicked off a legal battle that could have major implications for the future of the App Store...
Tags: Iphone, Apple, Ios, Ipad, Gaming, Video Games, Law, Trends, Epic, Tim Cook, App Store, Sundar Pichai, Epic Games, Moore, Forrest, Tim Sweeney

Apple Says Epic Games 'Wants Us to Be Android, But We Don't Want to Be'

The highly-anticipated Epic Games vs. Apple trial kicked off today in a federal court in Oakland, California, with lawyers for both companies delivering opening remarks before District Judge Yvonne Gonzalez Rogers. Lawyers for Epic Games attempted to paint the App Store as anti-competitive and monopolistic, noting that developers are forced to use Apple's in-app purchase system, and thus pay Apple a 30% commission on sales. (The rate drops to 15% for subscriptions after the first year and for...
Tags: Apple, Google, Featured, Epic, Tim Cook, App Store, Epic Games, Oakland California, Tim Sweeney, Scott Forstall, Yvonne Gonzalez Rogers, Fortnite, Karen Dunn, Small Business Program, Epic Games vs. Apple, Steve Jobs Phil Schiller Craig Federighi Eddy Cue

The Epic vs. Apple Hearing Is Already a Disaster

The Epic v. Apple trial kicked off on Monday morning, and it’s already devolved into a giant, internet-fueled mess. Read more...
Tags: Apple, Science, Software, Itunes, Epic, Computing, Reddit, App Store, Apple Inc, Epic Games, Tim Sweeney, Windows Games, Fortnite, Video Gaming, Sweeny, Technology Internet

Epic Games vs. Apple Trial Begins With Opening Remarks Underway

The first day of the bench trial between Fortnite creator Epic Games and Apple is officially underway, with the companies delivering opening remarks before District Judge Yvonne Gonzalez Rogers in a Northern California courtroom. The saga dates back to August 2020, when Apple removed Fortnite from the App Store after Epic Games introduced a direct payment option in the app for its in-game currency V-Bucks, in defiance of the App Store rules. In what appears to have been an orchestrated move, ...
Tags: Apple, Steve Jobs, Epic, App Store, Epic Games, Northern California, Sweeney, Tim Sweeney, App Store Apple, Yvonne Gonzalez Rogers, Tim Cook Phil Schiller Eddy Cue, Fortnite, Epic Games vs. Apple

Apple and the maker of 'Fortnite' are facing off in an epic legal battle. Here's what the companies are fighting about and what to expect in the courtroom.

Apple CEO Tim Cook, left, and Epic Games CEO Tim Sweeney, right. Apple/Rachel Luna/Stringer "Fortnite" maker Epic Games is suing Apple, and the court proceedings start this week in California. Epic says Apple's App Store is a monopoly. Apple says Epic broke its developer contract. As a result of the legal spat, "Fortnite" was kicked off Apple's iPhone and iPad last year. Visit the Business section of Insider for more stories. Apple and the maker of "Fortnite" are going to battle in...
Tags: Iphone, Apple, Ios, Ipad, Gaming, Facebook, Spotify, Microsoft, Video Games, Entertainment, Law, California, Trends, Smartphones, Epic, Tim Cook

Read the 2 a.m. declaration of war Apple CEO Tim Cook got from the billionaire CEO behind 'Fortnite' before the companies head to court this week

Apple CEO Tim Cook in Austin, Texas, on November 20, 2019. MANDEL NGAN/AFP via Getty Images The upcoming legal battle between Apple and the maker of "Fortnite" was sparked by a 2 a.m. email. Epic Games CEO Tim Sweeney sent a 2 a.m. email on August 13 to Apple CEO Tim Cook and other execs. "Epic will no longer adhere to Apple's payment processing restrictions," Sweeney said. Visit the Business section of Insider for more stories. Apple and "Fortnite" maker Epic Games are going to court...
Tags: Apple, Google, Gaming, Cook, Video Games, Entertainment, Law, Trends, Epic, Tim Cook, Lawsuits, App Store, Epic Games, Apple App Store, Unreal Engine, Sweeney

Googlers fight to stay home and Apple goes to court

Hello, and welcome to this week's edition of the Insider Tech newsletter, where we break down the biggest news in tech, including:Google employees fight for the right to work from homeApple App Store model is under attackHow Etsy's marketplace became a free-for-all of listings for dead pets, radioactive material and weapons Did someone forward this newsletter to you? Sign up here. Soundtrack: This week's newsletter has been specially designed to be consumed while listening to the Bea...
Tags: Apple, Google, Amazon, Facebook, Mark Zuckerberg, Spotify, Elon Musk, Enterprise, Media, Supreme Court, Microsoft, Etsy, Obama, Newsletter, Trends, Remote Work

Apple Files Expert Witness Testimony Ahead of Upcoming Trial With Epic

On Monday, May 3 Apple and Epic will meet in court as their bench trial kicks off over the dispute that Epic started last summer by defying the App Store in-app purchase rules. In preparation for the legal battle, Apple today filed the written testimonies of its witnesses with the court, and if approved, it serves the same function as actual trial testimony, providing insight into the arguments that Apple will make. The expert testimony includes several professors with expertise in law, econo...
Tags: Apple, Google, Facebook, Epic, Tim Cook, University of Pennsylvania, App Store, Ucla, Epic Games, Phil Schiller, Northern California, Eddy Cue, Tim Sweeney, Microsoft Apple, Craig Federighi, Scott Forstall

Fortnite’s Mastermind Goes to Battle With Apple

Tim Sweeney is responsible for one of the world’s most successful videogames. Does he have what it takes to defeat the world’s biggest company?
Tags: Apple, Tim Sweeney

Apple's Filings in Epic Games Case Argue It Has Reduced Industry Commissions, While Third-Party App Stores Would Compromise Privacy and Security

Prior to its upcoming bench trial with Epic Games, Apple filed hundreds of pages of documents covering findings of fact, which include some interesting and previously unknown tidbits about ‌Epic Games‌. ‌Epic Games‌ planned its rebellion against Apple for at least two years ahead of when it opted to brazenly violate Apple's App Store rules, with Apple's ‌App Store‌ fees at the heart of the dispute. Epic is of the opinion that it should not have to pay Apple a 30 percent cut to distribute apps...
Tags: Apple, Google, Facebook, Epic, Tim Cook, App Store, Epic Games, Sweeney, Tim Sweeney, Scott Forstall, Epic Games vs. Apple, Epic Games Apple, Store Epic, Microsoft Former Apple

'Fortnite' maker Epic Games is worth just shy of $30 billion after raising another $1 billion in its latest funding round

Epic Games The North Carolina gaming company behind "Fortnite" is worth just shy of $30 billion. Epic Games announced the valuation in a press release which also disclosed a $1 billion round of fundraising. Sony was among the investment groups listed, with a $200 million contribution. Visit the Business section of Insider for more stories. In less than a year, the company behind "Fortnite" has nearly doubled in value - from about $18 billion in July 2020 to nearly $30 billion in April 202...
Tags: Apple, Gaming, Video Games, Finance, Value, Trends, Epic, Sony, Private Equity, North Carolina, Valuation, Epic Games, Tim Sweeney, Sony Interactive Entertainment, Bloomberg Billionaires Index, Rocket League

Fortnite-maker Epic completes $1B funding round

How much is Epic Games worth? Well, we’ve long ago surpasses the realm of dollar figures regular humans can contextualize. With its latest round, the gamer hits an equity valuation of $28.7 billion. Yes, “b” for “billion.” That’s a lot of micro-transactions. Time to start talking metaverse! Best known for the wildly successful battle royale title, Fortnite, Epic just announced another $1 billion funding round, featuring a $200 million Sony Group Corporation investment. The rest of the list is, p...
Tags: Gaming, Funding, Tech, Epic, Sony, Epic Games, Sweeney, Tim Sweeney, Franklin Templeton, Fortnite, Fortnite Rocket League, Epic Games Store, Luxor Capital, Sony Group Corporation, Ontario Teachers ' Pension Plan Board BlackRock, Park West KKR

Epic Set To Lose at Least $330 Million in Efforts To Compete With Steam

Epic Games may lose millions after struggling to recuperate costs from the Epic Games Store, following its fight to gain market share from Steam. From a report: The Fortnite giant spent around $444 million in 2020 on making the storefront more lucrative to PC gamers, mainly through giving away titles for free and exclusivity deals. The company dug deep to offer "minimum guarantees" to developers releasing games exclusive to the Epic Games Store. Under this arrangement, titles must remain exclusi...
Tags: Apple, Tech, Tim Sweeney, Epic Games Store, Epic Store, Epic Games Store Under

Apple said bringing iMessage to Android would 'hurt us more than help us'

Apple Apple said creating iMessage for Android would cause harm to the company, a court filing said. One former employee said iMessage locks in users in the Apple universe. The court filing was a fact-finding document released as part of the Epic Games case against Apple. See more stories on Insider's business page. Apple doesn't want to make iMessage for Android because it would hurt the company more than help it, a new court filing said.Epic Games, the creator of video game For...
Tags: Apple, Android, News, Supreme Court, Imessage, Trends, Epic, Tim Cook, App Store, Phil Schiller, Apple Apple, Tim Sweeney, Craig Federighi Apple, Tech Insider, Fortnite, Natasha Dailey

Epic's war with Apple over Fortnite 'stolen' loot

Tim Sweeney, the chief executive of US$18 billion Epic Games, tapped out an email to a contact at Microsoft to let them in on a "confidential" project."Epic has certain plans for August," Sweeney, who runs the world's most popular... [Author: [email protected]]
Tags: Apple, Business, Microsoft, US, Tim Sweeney, August Sweeney

Epic cries monopoly as Apple details secret ‘Project Liberty’ effort to provoke ‘Fortnite’ ban

The Epic v. Apple lawsuit alleging monopolistic practices by the latter will begin next month, and today the main arguments of each company were published, having been trimmed down somewhat at the court’s discretion. With the basic facts agreed upon, the two companies will go to battle over what they mean, and their CEOs will likely take the (virtual) stand to do so. As we’ve covered in previous months, the thrust of Epic’s argument is that Apple’s hold over the app market and 30 percent standar...
Tags: Apple, Google, TC, Tech, Epic, Tim Cook, Epic Games, Phil Schiller, Sweeney, Tim Sweeney, Fortnite, Project LIBERTY, Fortnite Epic, Apple V Epic, Epic V Apple, Coalition for App Fairness Project Liberty

Epic Games Began Planning Antitrust Lawsuit Against Apple Two Years Ago With 'Project Liberty'

Ahead of its upcoming bench trial against Epic Games, Apple today filed 500 pages of documents covering findings of fact and conclusions of law, which basically summarizes the information exchanged between Apple and Epic, presents the relevant facts to the judge, and argues for the logical conclusions that should be drawn when law is applied to the case. Apple sticks to many of the talking points that it has argued since the beginning of its dispute with ‌Epic Games‌. The App Store has remain...
Tags: Apple, Google, Microsoft, Epic, Tim Cook, App Store, Epic Games, Apple Apple, Tim Sweeney, Craig Federighi, Scott Forstall, Cravath Swaine Moore LLP, Fortnite, Project LIBERTY, Apple Epic, Epic Games vs. Apple

Epic Games Files Complaint to Support UK Antitrust Watchdog's Apple Probe

Epic Games today said it had filed a complaint to the UK's antitrust watchdog in support of the government department's ongoing investigation into Apple's alleged anti-competitive behavior. In September 2020, the United Kingdom Competition and Markets Authority (CMA) launched an initial inquiry into developers' complaints about Apple's App Store and so-called "anti-competitive" practices. The CMA is now concluding its initial inquiry to launch an official investigation under Chapter II of the...
Tags: Apple, Google, UK, Australia, European Union, United States, Epic, United Kingdom, Antitrust, Cma, Apple Inc, Tim Sweeney, Fortnite, Competition Appeal Tribunal, Epic Games vs. Apple, Apple UK Limited

Judge in Upcoming Epic v. Apple Trial to Limit In-Person Attendees

Apple and Epic Games lawyers are continuing to plan for their upcoming May 3 bench trial, and in a preparatory conference held today, the judge overseeing the case said that attendance will be limited due to the ongoing global health crisis (via Law360). U.S. District Judge Yvonne Gonzalez Rogers has been planning for an in-person trial because she believes that the case is significant enough that the court should hear it in person. She has also said in the past that Apple and ‌Epic Games‌ wi...
Tags: Apple, Cook, Epic, Tim Cook, App Store, Epic Games, Phil Schiller, San Francisco Bay Area, Eddy Cue, Tim Sweeney, Schiller, Craig Federighi, Scott Forstall, Federighi, Facebook Microsoft, Yvonne Gonzalez Rogers

Daily Crunch: Investors back away from Dispo

Dispo is in the midst of a sexual assault controversy, Zoom introduces an SDK and Android owners will have to continue waiting for Clubhouse access. This is your Daily Crunch for March 22, 2021. The big story: Investors back away from Dispo After a recent story in Business Insider brought allegations to light that a member of David Dobrik’s vlog squad had sexually assaulted an extra during a shoot, Spark Capital announced that it would “sever all ties” with Dobrik’s photo-sharing startup Dispo, ...
Tags: Apple, Google, Startups, Microsoft, US, Tech, Epic, Tim Cook, Venture Capital, Minecraft, Atari, Sdk, Spark Capital, SPAC, Tim Sweeney, Caesar Sengupta

Apple CEO Tim Cook is among the high-profile executives that will testify in the upcoming 'Fortnite' court case

Tim Cook. Justin Sullivan/Getty Images Apple's Tim Cook, and Epic Games' Tim Sweeney, will testify in the Fortnite case. It marks the latest in a series of lawsuits Epic Games has filed against Apple. The court case is tentatively scheduled to start on May 3. See more stories on Insider's business page. Apple Inc and Epic Games have called their chief executive officers to testify as part of the upcoming "Fortnite" App Store trial, court documents show.Apple's CEO, Tim C...
Tags: Apple, Google, Google Play Store, Cook, Trends, Bloomberg, Epic, Tim Cook, App Store, Apple Inc, Epic Games, Reuters Apple, Tim Sweeney, Thomas Ko, Craig Federighi, Tech Insider

Tim Cook and Tim Sweeney among potential witnesses for Apple/Epic trial

A proposed witness list filed by Apple for its upcoming trial against game-maker Epic reads like a who’s who of executives from the two companies. The drawn out battle could well prove a watershed moment from mobile app payments. The two sides came to loggerheads when the Fortnite maker was kicked out of the App Store in August of last year after adding an in-game payment system designed to bypass Apple’s – along with Apple’s cut of the profiles. Epic has accused Apple of monopolist practices pe...
Tags: Apple, Gaming, Apps, Tech, Epic, Tim Cook, Nvidia, App Stores, App Store, Epic Games, Phil Schiller, Tim Sweeney, Craig Federighi, Microsoft Facebook, TechCrunch Apple, Fortnite

Tim Cook, Craig Federighi, Phil Schiller and Scott Forstall to Testify in Epic v. Apple Trial

Apple today submitted its witness list for its upcoming bench trial with Epic Games, and several Apple executives will be testifying, including Apple CEO Tim Cook, Apple Fellow Phil Schiller, and Apple Senior Vice President of Software Engineering Craig Federighi. Cook will be directly examined for one hour, with a one hour cross examination also included. Federighi will testify for two hours with a one hour cross examination, while Schiller, who is in charge of the App Store, will testify fo...
Tags: Apple, Epic, Tim Cook, App Store, Epic Games, Phil Schiller, Tim Sweeney, Schiller, MacRumors Apple, Craig Federighi, Scott Forstall, Federighi, Forstall, Eric Friedman, Matt Fischer, Tim Cook Craig Federighi Phil Schiller

Google Play drops commissions to 15% from 30%, following Apple’s move last year

Google will lower its Play commissions globally for developers that sell in-app digital goods and services on its marquee store, the company said, following a similar move by rival Apple late last year. The Android-maker said on Tuesday that starting July 1, it is reducing the service fee for Google Play to 15% — down from 30% — for the first $1 million of revenue developers earn using Play billing system each year. The company will levy a 30% cut on every dollar developers generate through Goog...
Tags: Apple, Google, Google Play, Google Play Store, Ecommerce, Apps, Asia, India, Tech, App, Play Store, Payments, App Store, Paytm, Epic Games, Tim Sweeney

Meet Smash Ventures, the low-flying outfit that has quietly funded Epic Games among others

When in 2018, Smash Ventures showed up as an investor in a $1.25 billion round for Epic Games — reportedly the largest ever investment in a video game company at the time — it was the first time many had heard of the investing outfit. When the brand showed up again last summer in an even bigger round for Epic —  last August, the games giant announced $1.78 billion in fresh funding at a post-money equity valuation of $17.3 billion — a diner near Epic’s Cary, North Carolina headquarters that sells...
Tags: TC, India, Disney, Tech, Epic, Venture Capital, Ufc, Walt Disney Animation Studios, Pixar, Epic Games, Draftkings, Travis Scott, Garland, Richter, Mayer, Tim Sweeney

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