*Walter Bloomberg
*Walter Bloomberg|Mar 18, 2026 10:48
TIM COOK IN CHINA AS APP STORE PRESSURE BUILDS Tim Cook visited China for Apple Inc.’s 50th anniversary event in Chengdu, just days after the company cut its App Store commission to 25% following talks with regulators. The move comes amid growing pressure from Beijing to loosen App Store rules, with calls to reduce fees further and allow third-party payments. Apple continues to face regulatory scrutiny over its control of in-app purchases and platform restrictions.(*Walter Bloomberg)
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