Apple earns favorable Supreme Court ruling against Epic Games

TL;DR Breakdown

  • Apple has earned a temporary ruling granted by the Supreme Court against Epic Games.
  • App Store rules remain intact as the legal tussle continues.

Description

In a significant twist in the prolonged legal clash between Epic Games, the creator of Fortnite, and tech giant Apple, a U.S. Supreme Court justice has intervened to temporarily suspend a ruling from the Ninth Circuit Court of Appeals. The move provides Apple with the opportunity to appeal the decision to the highest court and … Read more

In a significant twist in the prolonged legal clash between Epic Games, the creator of Fortnite, and tech giant Apple, a U.S. Supreme Court justice has intervened to temporarily suspend a ruling from the Ninth Circuit Court of Appeals. The move provides Apple with the opportunity to appeal the decision to the highest court and enables the company to uphold its current App Store regulations, which restrict iOS apps from offering users access to external payment methods or marketplaces.

Supreme Court suspends Court of Appeals ruling

The postponement, initiated by Justice Elena Kagan, offers Apple an extension to file its appeal without the immediate implementation of the Ninth Circuit’s judgment. While Kagan did not furnish a reason for the delay, this respite grants Apple time to present its case before the Supreme Court. The Ninth Circuit’s ruling, issued in April, found Apple in violation of California’s Unfair Competition Law by disallowing iOS apps to present users with alternative payment options beyond the company’s proprietary in-app purchase mechanisms.

This setup permits Apple to retain a substantial 30% share of all transactions processed through its platform. Though the appellate court mandated that Apple must permit developers to establish links to external websites, it simultaneously upheld Apple’s right to sustain its contentious 30% in-app purchase fee. This outcome marked a partial victory for Epic Games, a staunch critic of Apple’s App Store policies, which had previously witnessed the removal of its Fortnite iOS app from the store.

Apple’s App Store rules remain intact as the legal tussle continues

The fate of the Ninth Circuit’s decision rests on Apple’s forthcoming appeal to the Supreme Court. Should the company opt not to file an appeal or should the appeal be rejected, the Ninth Circuit’s verdict will eventually become enforceable. The financial implications of Apple’s stringent App Store regulations loom large, as the company reaps billions of dollars from its share of transaction revenue. If compelled to permit developers to link to their marketplaces, including platforms such as Epic’s Epic Game Store or NFT marketplaces like OpenSea, the firm’s revenue from the App Store could face substantial diminishment.

The firm’s stance on NFT sales has also been restrictive, prohibiting the use of NFTs acquired from external sources to unlock exclusive in-app content. As the legal saga unfolds, the implications for mobile games employing NFTs and cryptocurrency tokens remain in question. Presently, applications are unable to direct users to external marketplaces, adhering to Apple’s established rules. A favorable outcome for Epic Games in the Supreme Court could usher in a new era, enabling apps to link to external NFT marketplaces and bypass the 30% fee.

However, the use of NFTs as a means to unlock in-app content would likely remain excluded. In the interim, mobile gamers seeking NFT-related experiences may find solace in Google’s Play Store or Epic Games’ growing selection of blockchain-powered games. As the legal and regulatory landscape continues to evolve, the future of mobile gaming, NFTs, and the broader app marketplace is poised for transformation.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

文章来源于互联网:Apple earns favorable Supreme Court ruling against Epic Games

Disclaimers:

1. You are solely responsible for your investment decisions and this info is not liable for any losses you may incur.

2. The copyright of this article belongs to the writer, it represents the writer's opinions only, not represents the site's ones. Not financial advice.

Previous 2023年8月11日 00:41
Next 2023年8月11日 03:52

Related articles

  • Cambridge University study sheds new light on Bitcoin mining’s environmental impact

    TL;DR Breakdown The study traces the advancements in Bitcoin mining hardware, from CPUs to ASICs, highlighting how modern devices are far more efficient and longer-lasting than their predecessors. Contrary to popular belief, the study shows that Bitcoin’s energy consumption is decreasing, with the 2023 estimate standing at 70.4 TWh, which is only about 0.38% of the world’s total electricity consumption. The research challenges the notion that Bitcoin mining is a leading cause of global warming and suggests that with the adoption of renewable energy sources, its environmental impact is likely to decrease further. Description In a groundbreaking study, researchers from Cambridge University and the Cambridge Bitcoin Electricity Consumption Index (CBECI) team have released updated data that challenges prevailing narratives about the environmental impact of Bitcoin mining. The study, which builds upon previous research, aims to provide a more nuanced understanding of the electricity consumption associated with Bitcoin mining and … Read more In a groundbreaking study, researchers from Cambridge University and the Cambridge Bitcoin Electricity Consumption Index (CBECI) team have released updated data that challenges prevailing narratives about the environmental…

    Article 2023年9月2日
  • Hong Kong arrests 7 for money laundering HK$111M, including via crypto

    TL;DR Breakdown Hong Kong authorities reported the apprehension of seven individuals believed to be involved in an operation to launder over HK$111 million, including through crypto. Inspector Li Chi-pang noted that some funds were withdrawn as cash and used for cryptocurrency purchases. Description Hong Kong authorities reported the arrest of seven individuals believed to be involved in an operation to launder over HK$111 million (US$14 million) of suspected illicit funds. This action was part of a larger effort to dismantle a criminal syndicate. Among the detained individuals, two men and five women were allegedly key figures within the … Read more Hong Kong authorities reported the arrest of seven individuals believed to be involved in an operation to launder over HK$111 million (US$14 million) of suspected illicit funds. This action was part of a larger effort to dismantle a criminal syndicate. Among the detained individuals, two men and five women were allegedly key figures within the syndicate, and the police indicated that the individuals held bank accounts to receive and manage funds acquired through fraudulent activities. Hong Kong police discover…

    Article 2023年8月8日
  • Telegram bot tokens witness a meteoric rise, nearing $100M market cap milestone

    TL;DR Breakdown Telegram bot tokens are experiencing a significant surge in value, nearing a $100 million market cap. Telegram’s user-friendly platform and innovative use cases have driven this growth, attracting traders and investors.   However, as this trend continues, caution and research are advised for those interested in these tokens. Description The rise in the market cap of Telegram bot tokens, which are moving toward the elusive $100 million threshold, has made headlines in the crypto industry. Telegram’s influence on crypto is more important than ever as crypto traders swarm to take advantage of this emerging trend. What are Telegram bot tokens? These are automated programs … Read more The rise in the market cap of Telegram bot tokens, which are moving toward the elusive $100 million threshold, has made headlines in the crypto industry. Telegram’s influence on crypto is more important than ever as crypto traders swarm to take advantage of this emerging trend. What are Telegram bot tokens? These are automated programs that enable users to implement on-chain trading or farming strategies through the messaging application by linking wallets…

    Article 2023年7月21日
  • China, Russia, and Brazil discuss BRICS cooperation

    TL;DR Breakdown Leaders from China, Russia, and Brazil have initiated discussions on joint cooperation within the BRICS bloc, focusing on the development of a shared currency. Presidents Xi Jinping, Vladimir Putin, and Luiz Inácio Lula da Silva exchanged thoughts over the phone, where they also touched upon issues like peace in Ukraine, mutual strategic partnerships, and the upcoming BRICS summit. Brazil’s President Lula voiced his support for the creation of a common currency, arguing that it could help developing nations gain financial independence and stability. In a series of high-level phone conversations, China’s President Xi Jinping, Russian President Vladimir Putin, and Brazilian President Luiz Inácio Lula da Silva have commenced discussions about their collaborative work within the BRICS bloc. BRICS – comprising Brazil, Russia, India, China, and South Africa – stands as a testament to the economic prowess of emerging markets. The conversations anticipate the forthcoming leaders’ summit, with significant discourse centering on the possibility of a common BRICS currency. Strengthening strategic partnerships President Lula, an advocate for a transition away from the U.S. dollar to national currencies and a…

    Article 2023年5月30日
  • Unfolding Story: Do Kwon becomes part of a Political Conspiracy in Montenegro-Serbia

    TL;DR Breakdown Do Kwon, infamously known for arguably the biggest crypto failure scam, has grown to mentions in Montenegro’s political spheres. Do Kwon’s political financing situation brings to light the divide between pro-Serbs and pro-EU parties and the hope of a political coalition in Montenegro. Kwon and Terra executive Han Chang-Joon’s Costa Rican, Belgian, and identity cards have been seized by the Montenegrin court. Kwon places the blame for forged travel documents on a Chinese traveling agency. Description Do Kwon has made a name for himself in the crypto and the political sphere without a shadow of doubt. A good name? No. So much has been happening around Do Kwon and his incarceration in Montenegro. In light of the most recent elections in Montenegro held on June 11th, 2023, evidence points to the … Read more Do Kwon has made a name for himself in the crypto and the political sphere without a shadow of doubt. A good name? No. So much has been happening around Do Kwon and his incarceration in Montenegro. In light of the most recent elections…

    Article 2023年6月21日
TOP