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$META charges for VR AppStore - charged for “metapocrasy” 🤣
It’s funny how the legal system works (or doesn’t), in this case….$AAPL $GOOGL $META #epic

Excerpt from today’s [Ft.com](Ft.com) article:
“Don’t confuse marketing with reality — it’s good marketing to pick on Apple. But it doesn’t mean Meta won’t do the exact same thing,” Seth Siegel, global head of AI and cyber security at Infosys Consulting. “There is no impetus for them to be better.”

The “Quest Store” for Meta’s Oculus Quest 2, by far the most popular VR headset on the market, takes a 30 per cent cut from digital purchases and charges 15-30 per cent on subscriptions, similar to the fees charged by Apple and Android.”

(C) [Ft.com](Ft.com) - 28 June 2022
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Ft.com
Financial Times
News, analysis and opinion from the Financial Times on the latest in markets, economics and politics

Undefined's avatar
See that Quest prices have since increased, and there is a new premium vertical for that business (Cambria) coming out later this year.
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