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Apple to Lower App Store Commission to 15% for Emerging Apps

Apple to Lower App Store Commission to 15% for Emerging Apps

Apple to Lower App Store Commission to 15% for Emerging Apps Earlier this year, Apple removed the uber-popular game Fortnite from its App Store. That’s because Fortnite’s parent company, Epic Games, tried to bypass the steep 30% commission that Apple collects on all purchases through the App Store. Epic Games…

Chipotle To Open First All-Digital Restaurant as Takeout Industry Soars

Chipotle To Open First All-Digital Restaurant as Takeout Industry Soars

Chipotle To Open First All-Digital Restaurant as Takeout Industry Soars Chipotle is expanding, even if its restaurants can’t seat customers. On Saturday, the fast-casual burrito chain will open its first digital-only restaurant. The new location will have no dining room, no line for ordering in-person, and will forbid eating inside…

New Study: 20% of New Yorkers Had COVID-19 Before March 1

New Study: 20% of New Yorkers Had COVID-19 Before March 1

New Study: 20% of New Yorkers Had COVID-19 Before March 1 The coronavirus was brewing in New York City long before we first realized. The first case of COVID-19 was officially documented in New York on March 1. But according to researchers at the Icahn School of Medicine at Mount…

How Influencer Marketing Is Upending Traditional Advertising

How Influencer Marketing Is Upending Traditional Advertising

How Influencer Marketing Is Upending Traditional Advertising Once upon a time, seeing a movie star in a 30-second TV ad was enough to get viewers to go out and buy the product. But consumers are far more critical these days. The old advertising paradigm of slapping a well-known face on…

Over a Hundred Fired from Wells Fargo for Relief Fund Fraud

Over a Hundred Fired from Wells Fargo for Relief Fund Fraud

Over a Hundred Fired from Wells Fargo for Relief Fund Fraud Wells Fargo has fired over a hundred employees for allegedlydefrauding a Small Business Administration (SBA) relief program. The Economic Injury Disaster Loan is an SBA program intendedto assist business owners who are struggling through the coronavirus pandemic. Amongthe major…

JPMorgan Chase to Pay Historic Settlement for Dishonest Trade Practices

JPMorgan Chase to Pay Historic Settlement for Dishonest Trade Practices

JPMorgan Chase to Pay Historic Settlement JPMorgan Chase will pay more than $920 million to various federal agencies for engaging in manipulative market practices for years. As part of the settlement, JPMorgan has admitted to partaking in an illicit practice called “spoofing” between 2008 and 2016. This ploy allowed them…

restaurant surcharge

New York to Allow Ten Percent COVID Surcharge at Restaurants

New York to Allow Ten Percent COVID Surcharge at Restaurants The New York City Council has approved a measure that will give restaurants the option to add a ten percent “COVID surcharge” to a diner’s check. The additional charge, should a restaurant choose to use it, will help the business…

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