{"id":16918,"date":"2021-11-17T21:52:00","date_gmt":"2021-11-17T16:22:00","guid":{"rendered":"https:\/\/www.seminarsonly.com\/news\/?p=16918"},"modified":"2021-11-17T21:52:00","modified_gmt":"2021-11-17T16:22:00","slug":"apple-must-be-stopped-says-ceo-sweeney-of-epic-games","status":"publish","type":"post","link":"https:\/\/seminarsonly.com\/news\/apple-must-be-stopped-says-ceo-sweeney-of-epic-games\/","title":{"rendered":"‘Apple must be stopped,’ says CEO Sweeney of Epic Games"},"content":{"rendered":"

‘Apple must be stopped,’ says CEO Sweeney of Epic Games<\/span><\/h2>\n

Tim Sweeney, CEO of Epic Games Inc., said Tuesday that the metaverse allows creators freedom from the restrictive mobile duopoly of Apple Inc. and Alphabet Inc.’s Google.<\/p>\n

Sweeney stated at a conference in South Korea where legislators enacted the first law requiring mobile platforms to provide customers a choice of payment handlers that the metaverse may become a multitrillion-dollar portion of the world economy in the coming decades.<\/p>\n

When it comes to constructing the metaverse, Apple (AAPL) and Google (GOOG) both have policies in place that prevent other corporations from doing so, allowing them to control and tax it, he said. “We can’t let these two firms take over our digital life,” a prominent blogger has said.<\/p>\n

\"Apple\"<\/p>\n

Epic is suing Sweeney for anticompetitive reasons, and this was his latest shot. Epic is one of several developers who have complained about the two computer giants’ onerous commission costs and restrictive payment systems, including Meta Platforms Inc. FB, -0.38 percent, Match Group Inc. MTCH, 0.63 percent, and Spotify Technology SPOT, -1.17 percent. Meta CEO Mark Zuckerberg recently stated that the open metaverse is a means to an end for them, as has Sweeney.<\/p>\n

Roblox Stock Rises After Earnings A Long Time Building the Metaverse<\/a><\/p><\/blockquote>\n