City
Epaper

Musk to speak with Tim Cook about adjusting Apple tax

By IANS | Updated: August 3, 2023 09:40 IST

San Francisco, Aug 3 X-owner Elon Musk on Thursday said that he will talk to Apple CEO Tim ...

Open in App

San Francisco, Aug 3 X-owner Elon Musk on Thursday said that he will talk to Apple CEO Tim Cook about adjusting the 30 per cent commission the tech giant takes on in-app purchases.Musk posted on X, "People from every corner of the world post incredible content on X, but often live in tough circumstances, where even a few hundred dollars a month changes their life."

"While we had previously said that X would keep nothing for the 12 months, then 10 per cent, we are amending that policy to X keeps nothing forever, until payout exceeds $100k, then 10 per cent. First 12 months is still free for all."

"Apple does take 30 per cent, but I will speak with @tim_cook and see if that can be adjusted to be just 30 per cent of what X keeps in order to maximise what creators receive," he added.

Several users expressed their thoughts and suggestions on Musk's post.

When a user said, "It’s true. I think it would be helpful to be able to change the price on paid subscriptions. Is that going to be rolled out soon?" Musk replied: "Yeah, that’s coming soon."

In response to another post about approving subscriptions faster, the X-owner said, "Will do."

The company was also working on tips that would help small creators who don’t fit the current monetisation parameters to get paid for posting good content.

Earlier this week, Twitter was renamed to X on the iOS App Store, indicating that Apple gave the app special treatment to permit a one-character name.

The exception might be a signal that Musk and the iPhone maker desire to put the past behind them.

In November last year, Musk had accused Apple of threatening to remove the Twitter app from the store.

However, after meeting with Apple CEO Tim Cook, Musk later said it was a “misunderstanding".

Meanwhile, Musk on Thursday announced that verified users can now download videos if the content creator allows it, by tapping the three dots on the upper right when videos are in the full-screen mode.

"We will soon allow this simply by tapping & holding on a video just like you download a picture," he added.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: congresspitrodadelhimodideepikabjpwest-bengaldeepika-padukoneajay-devgnthakur
Open in App

Related Stories

EntertainmentRakul Preet Singh Says “My Bed Was on the Highway” While Shooting De De Pyaar De 2’s Most-Loved Scene

EntertainmentRakul Preet Singh Reveals How R Madhavan Praised Her Acting Skills After the Highway Scene in De De Pyaar De 2

NationalDelhi: Chanakyapuri School Receives Bomb Threat Email, Police Tighten Security (Watch Video)

EntertainmentDe De Pyaar De 2 Box Office Collection Day 6: Ajay Devgn, Rakul Preet Singh Film Inches Closer to Rs 50 Crore Mark; Check Day-Wise Earnings Report

PoliticsEknath Shinde Issues Strict No-Crossover Order After Meeting Amit Shah; Directive Communicated to All Shiv Sena Leaders

Technology Realted Stories

TechnologyIndia's scheduled commercial banks' GNPA improve 2.1 pc in Q2FY26: Report

TechnologyIITF 2025: Artisans, exhibitors hail govt support amid record footfall

TechnologyGovt launches Centre of Logistics Training Excellence in Hyderabad to boost tech‑led logistics skilling

TechnologyGoogle announces anti-scam tools, AI safety efforts for kids, elderly users in India

TechnologyNHAI to launch Raajmarg Infra Investment Managers to drive public InvIT Initiative