Friday, May 9, 2025

How Apple's extraordinary measures to keep its App Store commissions after the Epic v. Apple trial led to a civil contempt ruling and weakened its credibility (Tripp Mickle/New York Times)

Tripp Mickle / New York Times:
How Apple's extraordinary measures to keep its App Store commissions after the Epic v. Apple trial led to a civil contempt ruling and weakened its credibility  —  Court documents show the company commissioned a sham report and lied on the stand to justify its actions, which will cast a shadow over future lawsuits.



Sources: CoreWeave plans to raise ~$1.5B through a high-yield bond offering, aiming to refinance part of its massive liabilities, weeks after a muted IPO (Financial Times)

Financial Times:
Sources: CoreWeave plans to raise ~$1.5B through a high-yield bond offering, aiming to refinance part of its massive liabilities, weeks after a muted IPO  —  AI data centre provider returns to investors with potential bond offerings that could reduce cost of borrowing



Appfigures estimates Apple's US App Store revenue from commissions was ~$10.1B in 2024, more than doubling from ~$4.76B in 2020 (Sarah Perez/TechCrunch)

Sarah Perez / TechCrunch:
Appfigures estimates Apple's US App Store revenue from commissions was ~$10.1B in 2024, more than doubling from ~$4.76B in 2020  —  Over $10 billion — that's how much revenue Apple's U.S. App Store raked in last year, according to a new analysis by app intelligence provider Appfigures.



Sources: the US State Department ordered embassies to push back against foreign influence campaigns, as officials worry anti-US views are taking root worldwide (New York Times)

New York Times : Sources: the US State Department ordered embassies to push back against foreign influence campaigns, as officials worry ...