Apple Inc. is lowering the fees it collects from app developers for software and in-app purchases in China, the latest move to appease regulators cracking down on its digital offerings. The company said in a statement on Thursday that its commission is changing from 30% to 25% for its mainland China App Store. The move is effective March 15 and applies to apps for both iOS and iPadOS, Apple said o...
Apple Inc. is lowering the fees it collects from app developers for software and in-app purchases in China, the latest move to appease regulators cracking down on its digital offerings. The company said in a statement on Thursday that its commission is changing from 30% to 25% for its mainland China App Store. The move is effective March 15 and applies to apps for both iOS and iPadOS, Apple said on its developer website. Apple is making the move “following discussions with the Chinese regulator,” the company said. The iPhone maker is also lowering its rate for apps that are part of its programs for small businesses and developers of mini apps, from 15% to 12%. The small business program applies to developers who generated under $1 million in revenue during the prior year, while mini apps are small programs that run within apps — like WeChat. Read More: Apple’s $100 Billion-a-Year App Store Will Never Be the Same “We are committed to terms that remain fair and transparent to all developers, and to always offering competitive App Store rates to developers distributing apps in China that are no higher than overall rates in other markets,” the company added on its website. Apple previously shook up its commission structure in the EU in order to appease regulators, while it also now allows apps in the US to freely point customers to the web to complete in-app transactions, bypassing its payment system. It has also made major changes in response to regulators in Japan . Bloomberg News reported last year that China’s antitrust watchdog, the State Administration for Market Regulation, is investigating Apple’s app fees in the region. Agency officials have been in discussions with Apple executives and app developers dating back to 2024 regarding the issue.
Qantas said in its statement that in 2023 that it had removed the expiry date on flight credits issued during the pandemic so that customers could request a cash refund right away.
Qantas said in its statement that in 2023 that it had removed the expiry date on flight credits issued during the pandemic so that customers could request a cash refund right away.
When seemingly good news is greeted as negative news on Wall Street, you need to start worrying. That's exactly what happened when countries around the world agreed to release oil from their strategic reserves to quell concerns in the oil market. The decision ultimately resulted in higher oil prices. Here's the next big catalyst I see, and there's no way to avoid it. You see high oil prices, but t...
When seemingly good news is greeted as negative news on Wall Street, you need to start worrying. That's exactly what happened when countries around the world agreed to release oil from their strategic reserves to quell concerns in the oil market. The decision ultimately resulted in higher oil prices. Here's the next big catalyst I see, and there's no way to avoid it. You see high oil prices, but the data doesn't Consumers see high oil prices very quickly in the form of higher gas prices. However, those prices aren't reflected in the inflation data being released right now because it's backward-looking. Inflation came in as expected in February, but when the March data is released, the rate of inflation is likely to push higher due to the spike in oil prices. However, that's not the end of the story. Oil and natural gas are vital to the world economy. They are used by utilities to generate power, by consumer staples companies to make and transport products, and even by farmers in food production. The full impact of rising oil and natural gas prices will take time to flow through the economy, which suggests that inflation could run hot for longer than many hope. The market hates inflation Research from The Motley Fool shows that inflation has historically averaged around 3.8% a year. But that's an average; over short periods, it can rise materially above that figure. When inflation is above 5%, the S&P 500 index (^GSPC 1.52%) has returned only 2.4%. My concern is that oil prices will lead to a lingering uptick in inflation numbers. That, in turn, will increase recession concerns among investors, if not tip the economy into one. And that could precipitate a bear market. Expand SNPINDEX : ^GSPC S&P 500 Index Today's Change ( -1.52 %) $ -103.18 Current Price $ 6672.62 Key Data Points Day's Range $ 6670.40 - $ 6740.88 52wk Range $ 4835.04 - $ 7002.28 Volume 3.5B Stocks are still trading near all-time highs, so that fear may seem out of line with the market reality. Howeve...
(RTTNews) - The Hong Kong stock market has moved lower in two straight sessions, slumping almost 340 points or 2 percent in that span. The Hang Seng Index now sits just above the 17,650-point plateau and it's likely in store for more pain on Wednesday. The global forecast for the Asian markets is broadly negative on concerns over the global economy. The European and U.S. markets were sharply lower...
(RTTNews) - The Hong Kong stock market has moved lower in two straight sessions, slumping almost 340 points or 2 percent in that span. The Hang Seng Index now sits just above the 17,650-point plateau and it's likely in store for more pain on Wednesday. The global forecast for the Asian markets is broadly negative on concerns over the global economy. The European and U.S. markets were sharply lower and the Asian bourses are tipped to follow suit. The Hang Seng finished slightly lower on Tuesday following losses from the financials and mixed performances from the properties and technology stocks. For the day, the index lost 40.48 points or 0.23 percent to finish at 17,651.49 after trading between 17,583.70 and 17,725.51 Among the actives, Alibaba Group climbed 0.75 percent, while Alibaba Health Info slumped 1.01 percent, ANTA Sports advanced 0.73 percent, China Life Insurance sank 0.51 percent, China Mengniu Dairy gathered 0.31 percent, China Resources Land increased 0.48 percent, CNOOC rose 0.47 percent, CSPC Pharmaceutical jumped 1.90 percent, Galaxy Entertainment shed 0.33 percent, Haier Smart Home surged 2.76 percent, Henderson Land lost 0.21 percent, Hong Kong & China Gas retreated 1.43 percent, Industrial and Commercial Bank of China tumbled 2.06 percent, JD.com fell 0.19 percent, Lenovo perked 0.11 percent, Li Auto declined 1.06 percent, Li Ning improved 0.56 percent, Meituan soared 2.24 percent, New World Development was up 0.29 percent, Techtronic Industries added 0.65 percent, Xiaomi Corporation gained 0.63 percent, WuXi Biologics rallied 1.10 percent and CITIC, Hang Lung Properties and ENN Energy were unchanged. The lead from Wall Street is brutal as the major averages opened firmly in the red and only got worse as the day progressed. The Dow plunged 626.15 points or 1.51 percent to finish at 40,836.93, while the NASDAQ plummeted 577.33 points or 3.26 percent to close at 17,136.30 and the S&P 500 tumbled 119.47 points or 2.12 percent to end at 5,528.93. The...
Brookfield Asset Management Ltd. is seeking a loan of around $800 million to back its proposed purchase of air cargo specialist World Freight Co. , according to people familiar with the matter, adding to a recent wave of acquisition financings in Asia. The investment firm is in talks with lenders for the loan, which could carry a five-year tenor, the people said, asking not to be identified discus...
Brookfield Asset Management Ltd. is seeking a loan of around $800 million to back its proposed purchase of air cargo specialist World Freight Co. , according to people familiar with the matter, adding to a recent wave of acquisition financings in Asia. The investment firm is in talks with lenders for the loan, which could carry a five-year tenor, the people said, asking not to be identified discussing private matters. The facility may be covenant‑lite, the people said, giving the borrower greater flexibility through fewer ongoing performance requirements. Discussions are ongoing and terms could still change, the people added. A spokesperson for Brookfield declined to comment. The financing underscores a flurry of acquisition funding activity in the region, particularly in Australia, although the Middle East conflict has the potential to knock sentiment. Singapore’s Sembcorp Industries Ltd. is seeking a loan of around A$3 billion ($2.1 billion) to back its purchase of power generator and retailer Alinta Energy Pty., while a Macquarie Asset Management-led group is seeking a A$4.95 billion facility to finance its purchase of Qube Holdings Ltd. Acquisition and leveraged buyout financings in Asia Pacific excluding Japan rose 17% year‑on‑year to $48 billion in 2025, according to Bloomberg‑compiled data. Sembcorp’s $2 Billion Alinta Loan Fuels Australia’s Funding Boom KKR Seeks $500 Million Loan for School Operator XCL Stake Buy Goldman, Blackstone to Fund $976 Million Loan for Pharma Buyout Brookfield is in talks to acquire WTC from EQT AB and PAI Partners . While negotiations for the deal are ongoing, the owners are seeking a valuation of about $1.2 billion to $1.3 billion.. Formed in 2004, WTC invests in general sales and services agencies specializing in air cargo. Its more than 300 portfolio companies operate across 80 countries and manage over 3 million tons of cargo capacity annually for airline partners, according to its website .
Earnings Call Insights: SentinelOne (S) Q4 2026 Management View CEO Tomer Weingarten highlighted that "Fiscal '26 was a landmark year for SentinelOne. We achieved $1 billion revenue scale, growing 22% year-over-year and delivered full year operating profitability, a significant milestone towards profitable growth." He emphasized that Q4 saw record net new ARR of $64 million and a balanced mix betw...
Earnings Call Insights: SentinelOne (S) Q4 2026 Management View CEO Tomer Weingarten highlighted that "Fiscal '26 was a landmark year for SentinelOne. We achieved $1 billion revenue scale, growing 22% year-over-year and delivered full year operating profitability, a significant milestone towards profitable growth." He emphasized that Q4 saw record net new ARR of $64 million and a balanced mix between new logo acquisition and expansion with existing customers. Weingarten stated, "We are gaining traction in the most critical domains of cybersecurity, both AI for security and security for AI," noting the company's unique position in the more than $100 billion market opportunity driven by AI-native security. The CEO announced increased cross-platform adoption, with 65% of enterprise customers using three or more solutions, up from 39% a year ago, and noted, "Our cross-platform adoption drove a record ARR per customer, signifying solid momentum and contributions from our AI, data, cloud, Wayfinder and endpoint solutions." Noteworthy customer wins included Cloudflare, which selected SentinelOne as its security platform of choice in a seven-figure deal after replacing a competitor, and a Fortune 100 financial services company deploying nearly 100,000 licenses for AI security and governance. Purple, SentinelOne's AI-driven security operations solution, reached a record attach rate of over 50% on licenses sold in Q4. Weingarten stated, "The trajectory of Purple adoption continues to outpace our internal expectations." For non-endpoint solutions, bookings surpassed half of total annual bookings. Cloud security ARR surpassed $160 million, data solutions ARR exceeded $130 million, and Wayfinder Threat Services crossed $100 million in ARR. MSSP partnerships achieved over 75% ACV growth with the top 10 partners. The company also secured an 8-figure TCV deal with a global logistics company and a multiyear infrastructure partnership with a global hyperscaler. As a management update...
Earnings Call Insights: Zumiez Inc. (ZUMZ) Q4 2025 Management View CEO Richard Brooks stated the fourth quarter capped a second consecutive year of progress, highlighting "robust full price selling in North America during the important holiday season, which fueled mid-single-digit comparable sales growth in the region and meaningful gross margin expansion." Brooks noted that European business saw ...
Earnings Call Insights: Zumiez Inc. (ZUMZ) Q4 2025 Management View CEO Richard Brooks stated the fourth quarter capped a second consecutive year of progress, highlighting "robust full price selling in North America during the important holiday season, which fueled mid-single-digit comparable sales growth in the region and meaningful gross margin expansion." Brooks noted that European business saw "660 basis points of year-over-year product margin improvement" and emphasized disciplined expense management resulting in operating margin growth despite sales declines in local currency. Brooks indicated that "men's led our positive comparable sales growth during the holiday period, followed by women's, accessories and hardgoods," validating the merchandising approach and investments in product newness and private label expansion. He reported private label penetration at "approximately 30% of sales, up from 12% five years ago." Brooks outlined three strategic priorities: driving revenue growth through consumer-focused initiatives, sustaining a commitment to profitability optimization, and capitalizing on a strong financial foundation to fund expansion. He stated, "We launched over 150 new and emerging brands across our banners" and that private label reached its highest level in company history. CFO Christopher Work reported, "Net sales for the fourth quarter of 2025 increased 4.4% to $291.3 million compared with $279.2 million in the fourth quarter of 2024." Comparable sales were up 2.2% for the quarter, with North America leading at 5.5% comp growth. Work noted gross profit of $111.4 million and gross margin at 38.2% of sales, up from the prior year. Outlook Work provided first quarter guidance: "We are anticipating total sales to be between $189 million and $193 million for the 13 weeks ending May 2, 2026, representing growth of 3% to 5%. Comparable sales for the same time period are expected to be between 2% and 4%." He projected a consolidated operating loss between ...
An earthquake with a magnitude of 5.3 struck 16 kilometers east of Erbaa, Turkey, according to the United States Geological Survey. The earthquake had a depth of around 10 kilometers.
An earthquake with a magnitude of 5.3 struck 16 kilometers east of Erbaa, Turkey, according to the United States Geological Survey. The earthquake had a depth of around 10 kilometers.
今天（13日），苹果公司发布降低佣金率公告，具体如下： 根据与中国监管部门的沟通，Apple将对中国的App Store进行调整。 自2026年3月15日起，适用于中国内地（大陆）App Store的iOS及iPadOS佣金率将进行调整。 Apple App内购买及付费App的标准佣金率将由目前的30%改为25%。App Store Small Business Program以及Mini App...
今天（13日），苹果公司发布降低佣金率公告，具体如下： 根据与中国监管部门的沟通，Apple将对中国的App Store进行调整。 自2026年3月15日起，适用于中国内地（大陆）App Store的iOS及iPadOS佣金率将进行调整。 Apple App内购买及付费App的标准佣金率将由目前的30%改为25%。App Store Small Business Program以及Mini Apps Partner Program项下符合条件的Apple App内购买佣金率以及第一年后的自动续费订阅佣金率将由目前的15%改为12%。 自3月15日起享受该等佣金率的调整无需开发者在此之前签署新条款。 我们致力于将iOS以及iPadOS打造成为中国开发者最佳的App生态系统和巨大的商业机会。我们承诺对所有开发者保持公平透明的条款，并始终为在中国分发App的开发者们提供不高于其他市场整体费率水平的具有竞争力的App Store费率。
The announcement comes as critics predict that the first film will win at the Oscars on Sunday, where it is has two nominations for best animated feature and best original song.
The announcement comes as critics predict that the first film will win at the Oscars on Sunday, where it is has two nominations for best animated feature and best original song.
Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. Broadcom (NasdaqGS:AVGO) is helping lead a new open Optical Compute Interconnect (OCI) standard for AI data centers alongside AMD, Meta, Microsoft, Nvidia, and OpenAI. The company is expanding its end to end AI data center ecosystem through optical and liquid cooling partnerships, inc...
Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. Broadcom (NasdaqGS:AVGO) is helping lead a new open Optical Compute Interconnect (OCI) standard for AI data centers alongside AMD, Meta, Microsoft, Nvidia, and OpenAI. The company is expanding its end to end AI data center ecosystem through optical and liquid cooling partnerships, including work with JetCool and Flex. Broadcom is using its own co packaged optics and connectivity hardware to support OCI, aiming to move AI infrastructure toward multi supplier, interoperable clusters. Broadcom, trading at about $336.04 per share, is positioned at the center of several key technology supply chains for AI data centers. The stock has seen a very large 3 year return and a 1 year gain of 77.2%, even as year to date performance shows a 3.3% decline and a 30 day return of a 1.3% decline. Those mixed shorter term moves frame this OCI news as part of a longer arc in how the company is positioning itself around AI infrastructure. For investors, the OCI push and new cooling partnerships highlight Broadcom's attempt to act as a one stop shop for silicon, optics, and thermal solutions tied to AI clusters. The evolution of OCI adoption and Broadcom's execution on these partnerships may be important to monitor alongside future stock performance and any updates the company provides on its AI data center portfolio. Stay updated on the most important news stories for Broadcom by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Broadcom. NasdaqGS:AVGO Earnings & Revenue Growth as at Mar 2026 📰 Beyond the headline: 2 risks and 4 things going right for Broadcom that every investor should see. Broadcom’s push for an open Optical Compute Interconnect (OCI) standard, backed by its own optics and liquid-cooled XPUs, is essentially an attempt to hard-wire itself into the next generation of AI data centers. The JetCool an...
Nintendo Co. is headed for its biggest weekly gain in a decade with a $14 billion jump in value propelled by surprise global smash hit Pokémon Pokopia . Released on Mar. 5, the new game accrued 2.2 million sales over its first four days and earned rave reviews by fans online. It blends Pokémon characters and lore with gameplay akin to Animal Crossing , emphasizing what’s known as a cozy life simul...
Nintendo Co. is headed for its biggest weekly gain in a decade with a $14 billion jump in value propelled by surprise global smash hit Pokémon Pokopia . Released on Mar. 5, the new game accrued 2.2 million sales over its first four days and earned rave reviews by fans online. It blends Pokémon characters and lore with gameplay akin to Animal Crossing , emphasizing what’s known as a cozy life simulation. Nintendo’s stock has risen in four straight trading sessions and was up 2.7% on Friday morning. The strong debut helped reverse some of the losses Nintendo’s shares have incurred due to memory chip shortages since late last year. The company is vulnerable to surging memory prices , as they threaten both its margins on the new Switch 2 console and software purchases by players who have to buy increasingly expensive storage cards . Pokopia , a Switch 2 exclusive, is helping soothe investor worries by drawing in more fans and building the library of must-have games on the platform. “Nobody anticipated this kind of success — no one expected such high quality,” said Tokyo-based analyst Serkan Toto . “It’s a very rare case of a Nintendo game accidentally ‘blowing up’. It’s the best-rated Pokémon game of all time.” Nintendo’s rally is all the more notable given the broad downturn in global stocks amid worries over the Iran conflict and spiking oil prices. The company’s stock is up about 19% so far this week, putting it on track for its steepest weekly climb since July 2016. Yokohama-based Koei Tecmo Holdings Co. , a co-developer on Pokopia , has like Nintendo far outperformed the Nikkei 225 benchmark, gaining 4.5% since the game’s release. “What we’ve seen over the last week is that a portion of investors feel the negativity around Nintendo’s stock has been overdone,” said Nick McKay , senior video game analyst at Freedom Capital Markets. But he’s not yet ready to change his outlook for the Switch 2 console based on the new game’s initial sales. “We need to wait for a bigge...