RESTON, Va.--(BUSINESS WIRE)--Aug 9, 2023--

Apple says that its App Store has helped generate more than a trillion dollars for the first time, just days ahead of its major developer event. The App Store ecosystem facilitated $1.1 trillion in developer billings and sales last year, according to an independent study from The Analysis Group and commissioned by Apple. That is the result of rapid growth over recent years: that number rose 29 per cent on last year, and by 27 per cent in each of the two years before that. Those increases were partly a result of an increase in the apps that people use as the world opens up, such as taxi services, the report said. Apple’s announcement came just days ahead of its Worldwide Developers Conference, which begins on Monday. That is likely to see a whole new platform for developers to build apps for, with the launch of its new augmented reality headset. The report also comes amid increasing criticism over Apple’s power over the App Store, which is the only way to get apps onto the iPad and iPhone. Critics have argued that control means that Apple is able to make unfair demands on developers, including taking a cut from some sales made within apps and deciding what apps are available. Apple has commissioned a number of such reports in recent years, aimed at highlighting the economic impact of the App Store and the positive effects that can have for developers. The new report focused not on the money made by Apple, or through the store. Instead, it aimed to quantify how much money is made through the ecosystem built around the App Store, which includes billings and sales that are made through apps but without Apple’s involvement. More than 90 per cent of the billings and sales went specifically to the developers, with Apple not taking a cut, the report said. While Apple takes a cut from the sale of apps and digital goods and services within those apps, companies selling physical goods and other services are able to keep the full amount. Of the $1.1 trillion made last year, App Store developers generated $910 billion in total billings and sales from the sale of physical goods and services, $109 billion from in-app advertising, and $104 billion for digital goods and services, Apple said. Last year, that came particularly from travel apps and ride-hailing. Travel sales on iOS were up 84 per cent last year, the report said. It was not possible to say how much of that gain was the result of the world opening back up after lockdowns and other issues, compared with the specific work of Apple and those App Store developers, economists from Analysis Group said. The report also comes on the 15th anniversary of the App Store, which was launched in 2008. Apple said that iOS developers have earned more than $320 billion on App Store in those 15 years. “We’ve never been more hopeful about — or more inspired by — the incredible community of developers around the world,” said Tim Cook, Apple’s CEO. “As this report shows, the App Store is a vibrant, innovative marketplace where opportunity thrives, and we’re as committed as ever to investing in developers’ success and the app economy’s future.” Read More Major leak reveals details of Apple’s VR headset days before unveiling Apple is going to reveal something else alongside its headset, rumours suggest Trust and ethics considerations ‘have come too late’ on AI technology New iPhone update ‘completely changes how the lock screen works’ Apple lays bare danger of losing your health data Apple is making a ‘mixed reality’ headset. Here’s what that future might look like

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The Prince of Wales said he was “blown away” by futuristic technology on show from Singapore start-ups just hours before his Earthshot Prize awards ceremony. William toured the EcoLabs Centre of Innovation for Energy, at Singapore’s Nanyang Technological University. Hi-tech schemes for green energy included Autsren (ERI@N) which develops autonomous vehicles and long-lasting electric car batteries. He was told how the vehicles are used to collect golf balls and also ferry staff around Singapore Zoo. It reminds me of my chemistry and physics tests. I will have to write this down when I get home Prince of Wales And he was told the biggest challenge facing the autonomous vehicles was being attacked by peacocks and monkeys. The prince laughed and said: “That’s not something you normally think about. They never behave, those monkeys and peacocks.” William also marvelled at a PowerCube that can store solar energy in remote locations that could power 35 small flats for a year. And he was surprised by a start-up called ALIENA which has sent its first plasma thruster into orbit for almost two years, which can be used to measure climate data. He shook his head and looked impressed and said: “You’ve blown my mind.” But the prince, who has a geography degree, admitted he needed to brush up on his science after eco start-up Etavolt described how they were building a circular economy for solar panels via regeneration, recycling and digitisation of performance. William said: “It reminds me of my chemistry and physics tests. I will have to write this down when I get home.” After an intense run-down in technology of degraded solar panels, he added: “Thanks for the brush-up for my chemistry and physics.” The prince was at the labs in Singapore’s Nanyang Technological University which wants to become the most eco-friendly and sustainable in the world. It is one of 22 buildings in Singapore that is totally energy self-sufficient. It has 19,000 solar panels and generates 9.5 megawatts of energy. But the university cannot expand any further otherwise it would produce so much energy it would have to register officially as a power station, under Singapore laws. Read More Return of original Fortnite map causes record traffic on Virgin Media O2 network NatWest creates new AI-powered chatbot capable of ‘human-like’ conversations Succession star Sarah Snook says AI use in film industry needs ‘stringent rules’ Sir Paul McCartney: It was magical to feel like I was reuniting with John Lennon Sexist comments on TikTok ‘more liked’ than non-sexist ones – study ‘Is AI dangerous?’ UK’s most Googled questions about artificial intelligence

SUNNYVALE, Calif.--(BUSINESS WIRE)--Jul 12, 2023--

LONDON Britain's competition regulator on Friday extended the date by which it would consider Microsoft's submissions relating to

PALO ALTO, Calif.--(BUSINESS WIRE)--Jun 20, 2023--

It feels like every day there’s a science story that comes along ready to blow our tiny minds, and today is no exception. A series of ancient interconnected cities have been discovered in the remote El Mirador jungle Guatemala, and it’s changing our entire understanding of the ancient civilisation. More than 400 settlements have been uncovered with some dating back as far as 1,000 BC. They’re linked by roads too, and it’s led them to be described as “the first freeway system in the world”. Sign up to our free Indy100 weekly newsletter Richard Hansen, a research professor at the University of Idaho, is an expert on the project and he’d called the findings a “game-changer”. It was previously thought that the Mayan peoples were nomadic, but these cities have changed the scientific community’s understanding. Speaking to the Washington Post, Hansen said: "We now know that the Preclassic period was one of extraordinary complexity and architectural sophistication, with some of the largest buildings in world history being constructed during this time.” On top of the 110 miles of interconnected roads, the discoveries also showed evidence of organised agriculture and even hydraulic systems. The findings are the result of work which first began in 2015, which saw lidar technology uncovered signs of ancient structures below the surface. Archaeologist Enrique Hernández, from San Carlos University said about the findings: “Now there are more than 900 [settlements]… We [couldn’t] see that before. It was impossible,” he said. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.

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