Apple took out two public relations problems with the App Store: Nilay Patel

  • Published on:  11/24/2020
  • Apple has now exempted virtual events from Apple's 30 percent cut through June 2021 and slashed its fee in half to 15 percent in 2021 for developers making less than $1M in sales. Nilay Patel, The Verge editor-in-chief, joins 'Squawk Alley' to discuss Apple's concessions to developers and what it could mean to regulators and developers. Subscribe to CNBC PRO for access to investor and analyst insights on Apple and more:

    » Subscribe to CNBC TV:
    » Subscribe to CNBC:
    » Subscribe to CNBC Classic:

    Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.

    The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the day’s most important stories. Available to listen by 8:30pm ET / 5:30pm PT daily beginning September 30:

    Connect with CNBC News Online
    Get the latest news:
    Follow CNBC on LinkedIn:
    Follow CNBC News on Facebook:
    Follow CNBC News on Twitter:
    Follow CNBC News on Instagram: