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Facebook, Microsoft lash out at Apple over gaming apps

Microsoft and Facebook facing challenges in bringing cloud gaming services on iOS devices.

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U.S stock futures trade flat, Apple regains $2 trillion market value, Apple iPhone 11, Tax battle: Apple challenges $14 billion court case , Apple to pay $500 million settlement in lawsuit over slow iPhones, Apple supplier Foxconn to reopen manufacturing base in China, Apple donates 10 million face masks to healthcare workers, App developers can now challenge Apple store guidelines 

The world’s leading technology brands, Facebook and Microsoft, recently bashed Apple for its restrictive App Store policies, which they claim prevents them from launching their gaming services on Apple devices.

Microsoft also disclosed that it will no longer be launching a limited testing version of the app on iOS. The gaming platform Microsoft had created for Apple devices can only support one game, which Microsoft said was due to Apple’s App Store policies.

READ MORE: Apple, Facebook record impressive earning results in spite of COVID-19 disruptions

Microsoft’s concern

Microsoft revealed that such policies set by Apple will make it unable to launch its game streaming service commercially on iOS due to these limitations.

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“Unfortunately, we do not have a path to bring our vision of cloud gaming with Xbox Game Pass Ultimate to gamers on iOS via the Apple App Store,” a Microsoft spokesperson said in a statement Friday.

“Apple stands alone as the only general-purpose platform to deny consumers from cloud gaming and game subscription services like Xbox Game Pass. And it consistently treats gaming apps differently, applying more lenient rules to non-gaming apps even when they include interactive content.”

READ ALSO: Facebook rivals TikTok with launch of video-sharing product inside instagram

Facebook’s concern

The social media giant finally struggled to launch an Apple version of its gaming app on Friday, but it disclosed that it was compelled to make a concession to bring it on Apple’s App Store and had to remove the ability to play games instantly.

“Unfortunately, we had to remove gameplay functionality entirely in order to get Apple’s approval on the standalone Facebook Gaming app – meaning iOS users have an inferior experience to those using Android,” Facebook’s Chief Operating Officer Sheryl Sandberg said in a statement Friday.

“We’re staying focused on building communities for the more than 380 million people who play games on Facebook every month — whether Apple allows it in a standalone app or not.”

Microsoft and Facebook seem not to be the only ones facing challenges in bringing cloud gaming services on iOS devices. Google’s Stadia and Nvidia’s GeForce had also experienced difficulties in launching iOS versions of their apps due to the App Store’s guidelines.

READ MORE: Apple unveils a new credit card, Apple Card

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Will Apple cave in?

“There is quite a lot of pressure building from different entities, and they are attempting to build consumer awareness of the issues involved as a way to convince Apple to change its policies,” Piers Harding-Rolls, research director of games at Ampere Analysis, told CNBC.

“Is it inevitable that Apple will cave in? Not necessarily. Apple is plowing its own path with privacy and how it wants to manage its ecosystem.”

Olumide Adesina is a French-born Nigerian. He is a Certified Investment Trader, with more than 15 years of working expertise in Investment Trading. Member of the Chartered Financial Analyst Society. Behavioral Finance, Duke University. You can follow Olumide on twitter @tokunboadesina or email [email protected]

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Tech News

President Trump to decide fate of TikTok in 24-36 hours

US President, Donald Trump is to decide the fate of TikTok in the country in the next 24-36 hours.

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President Trump to decide fate of TikTok in 24-36 hours, Vaccine, America's Trump finally bans TikTok, WeChat, US imposes visa ban on Nigerians for election-related activities

All eyes are now on President Donald Trump as he is expected to decide the fate of TikTok in the U.S. in the next 24-36 hours.

In a report credited to CNBC News, ByteDance, owners of TikTok, is planning to go for an IPO for global TikTok on an American Stock Exchange.

READ: Microsoft is in talks to buy TikTok

Under the proposed plan, waiting for President Trump’s approval include, Oracle owning a minority stake that will be lower than 20% of the new global TikTok.Walmart the world’s biggest retailer by revenue will also take a stake, though its amount remains unknown.

While the Chinese authorities have asserted it’s right to obstruct the sale of vital technologies, it is likely to approve the deal as long as it doesn’t involve the transfer of the artificial intelligence algorithms that drive TikTok’s service. Even if ByteDance were to cede its major ownership over TikTok.

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READ: Why currency traders are now buying U.S dollars

U.S President recently disclosed he was against any idea that ByteDance( parent company) would retain a majority stake in TikTok.

“From the standpoint of ByteDance we don’t like that,” Trump spoke on the Chinese company retaining a majority stake in the business. “I mean, just conceptually I can tell you I don’t like that.”

An IPO on TikTok would most likely be the biggest technology IPO in recent times. Private valuations of the fast-growing startup have been estimated to be worth about $50 billion.

READ: CBN health intervention fund gets new interest rate by March 2021

Back Story; Recall Nairametrics about a month ago reported on how President Trump issued directives banning any U.S. transactions with Chinese tech firms that include Tencent and ByteDance.

According to Trump, “WeChat “automatically captures vast swaths of information from its users. This data collection threatens to allow the Chinese Communist Party access to Americans’ personal and proprietary information.”

He went on to say that the application also captures personal information of Chinese nationals visiting the U.S.

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Flywire to partner with Mastercard on international tuition payment.

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Flywire to partner with Mastercard on International Tuition payment.

Flywire has announced plans to partner with Mastercard in providing discounted foreign exchange rates on cross border tuition payments for students.

This is according to a news source verified by Nairametrics. The offer will be accessible to any school in the world offering Flywire as a payment method for international tuition through the 2020 fall term for students from the United Arab Emirates, Saudi Arabia, Qatar, Kuwait, Kenya and Ghana, the release stated. Students will be able to use their own currencies to pay through Mastercard credit or debit cards.

Tertiary education, as pretty much every other area, has been affected by the pandemic, with grounds to shut down early this year. The unique feature of this payment system is convenience and safe payment procedure coupled with a customizable experience it provides for international students.

Speaking on the new deal, Mike Massaro, CEO of Flywire, said the organization would serve to raise up understudies through cost-effective measures.

“Our customer schools and their understudy families around the globe trust Mastercard for advantageous and secure installments,” said Massaro in the delivery. “We’re satisfied to keep on joining forces with Mastercard on unique contributions like this one to guarantee a consistent advanced installment experience while giving significant reserve funds to lessen the expense of worldwide training.”

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(READ MORE:UPDATE: President Trump has been sued by MIT, Harvard over foreign students ban)

For International students, rules are significantly murkier as new U.S. visa rules won’t let them go to class in the country except in any event one class happens face to face. That represents an issue for schools as worldwide understudies have commonly paid full educational costs in advance, giving gigantic incomes to schools. In that capacity, schools need to scramble to make bargains and oblige understudies to urge them to return.

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Tech News

Oracle wins bid to acquire TikTok’s US operations after Microsoft offer was rejected

Microsoft had initially been recognized as the most likely winner earlier in the process.

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American computer technology giant Oracle Corporation has been selected as the winning bidder for TikTok’s US operations, after Microsoft said that its bid was rejected by the parent company, ByteDance Ltd.

This is coming a week before President Donald Trump’s promised date for following through with a plan to ban the Chinese-owned app in the United States.

According to Bloomberg, a Wall Street Journal reported that Oracle would be announced as TikTok’s trusted tech partner in the United States. The Journal also added that the eventual deal would not be structured as an outright sale.

A statement from Redmond reads, “ByteDance let us know today they would not be selling TikTok’s US operations to Microsoft.”

Microsoft had, in a statement, said that they were confident that their proposal would have been good for TikTok’s users, while also protecting national security interests. This is coming after ByteDance had disclosed that they would not be selling TikTok’s US operations to Microsoft. However, ByteDance will need approval for the deal from the United States and China.

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(READ MORE: ByteDance, Tiktok’s parent company, now worth over $100 billion)

According to a source, Microsoft, which was working with Walmart Inc, had initially been recognized as the most likely winner earlier in the process, but this later cooled as more firms showed interest. ByteDance did not ask Microsoft for a revision of its initial offer in the face of recent signs of opposition to a deal from Chinese government officials. This must have given the competitor, Oracle Corporation, an upper hand in the negotiations.

Microsoft, in its statement, said that it was prepared to make changes aimed at addressing US national security concerns. It said, “To do this, we would have made significant changes to ensure the service met the highest standards for security, privacy, online safety, and combating disinformation, and we made these principles clear in our August statement. We look forward to seeing how the service evolves in these important areas.”

It can be recalled that the Trump administration had threatened to ban TikTok by mid-September, and ordered ByteDance to sell its US operations following national security concerns due to its Chinese ownership.

TikTok, however, has denied the national security claim and is suing to stop the administration from the threatened ban.

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