Apple calls out Meta’s hypocrisy of over 47.5 percent on VR purchases

Tech giant Apple has criticized the “Metaverse” company’s plan to charge developers up to 47.5 percent for virtual goods sold through the Meta Quest store. On Monday, Meta announced it would take an additional 17.5 percent off items sold in “Horizon Worlds” after charging a 30 percent platform fee for being on the Meta Quest store.

In an email to MarketWatch, Apple As AppleInsider reports, Fred Sainz, senior director of corporate communications, called the move hypocritical, as Meta had previously criticized Apple for taking 30 percent. ,meta Sainz is quoted in the email as saying that Apple has repeatedly targeted Apple for charging developers a 30 percent commission for in-app purchases in the App Store and scapegoating small businesses and creators.

Read also: Facebook and YouTube lost billions of dollars because of Apple’s privacy features

“Now – Meta wants to charge those same creators significantly more than any other platform. [Meta’s] The announcement laid bare the hypocrisy of the meta. It goes to show that when they want to use Apple’s platform for free, they happily take it from creators and small businesses who use it themselves,” Sainz said.

Facebook, now Meta, is raising its voice against Apple’s 30 percent platform fee. It has previously called Apple’s 30 percent cut an obstacle to unlocking opportunities for creators and small businesses. Meta calls its rate of 47.5 percent “competitive” and believes it “is able to keep its share of other platforms”. However, that rate is much higher than Apple’s 30 percent and 2 percent take from certain NFT Market.

Watch video: Motorola Edge 30 Pro review: Ideal but not the perfect Android smartphone?

“Horizon World” is Meta’s play in “Metaverse”, a VR platform where people meet, chat, buy stuff, and customize avatars.

read all Breaking News , today’s fresh news And IPL 2022 Live Updates Here.