GOOGLE CUTTING FEES
Google is planning to lower fees it charges subscription services on its app store amid criticism from developers and lawmakers, Bloomberg News reported.
The company announced Thursday that starting Jan. 1, its Play Store will charge third-party app developers a 15 percent commission.
Apps that aren’t subscription based will still have to share 30 percent of their revenue, but it will drop to 15 percent for the first $1 million in revenue.
Google previously charged subscription apps a 30 percent commission for the first year, then 15 percent afterward.
The update comes as critics argue Google’s and fellow competitor Apple’s app stores have grown too powerful, causing developers to abide by the restrictive rules.