Court Puts Epic vs. Apple Ruling on Hold ⚖

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ROI Overload is a daily radio show/video podcast show focused on the latest in trending topics in business, tech, finance and startups hosted by Scott D. Clary (@scottdclary).

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Welcome to Roy Overload daily business, tech and finance news. I'm Scott declary. This is what's making use today. Courts put the epic versus apple ruling on hold. Twitter is playing around with a new content warning feature. There is a huge increase in investors preferring cryptocurrency over stocks, and CRYPTO executives demand regulatory clarity from Congress. Let's jump right into it. So an appeal court has reversed a September ruling that required apple to open the APP store to external payment processors. With this decision, detech and can still maintain its IAP system as the only source of in APP payments on IOS, regardless of the district courts earlier ruling that the exclusive arrangement is illegal. The ruling, which was issued on December eight, does not reverse the earlier ruling. However, it puts its enforcement on hold until the appeals court can fully hear the case, a time consuming process and procedure that may take months. Remarkably, the courts ruling does not extend to the second part of the injunction that deals with user...

...communications outside of the IOS. Particular, the court at ordered apple to allow communication with its customers through points of contact obtained voluntarily from customers through account registration within the APP dis order will remain unaltered by the ruling in the appeal. Additionally, apple will also have to be in line with its agreement with the Japanese Fair Steering Commission, which imposed similar limitations on IOS outside the context of the epic versus Apple Case. Next story, twitter is playing around with new content warning features. So twitter setting a new feature of adding content warnings of photos and videos in tweets. The microblogging platform announced the feature with an instructional video in a twitter post on December eight. Previously, twitter only allowed users to add content warnings to all their tweets, but the new feature will let users add categories and content warnings to separate tweets. Were over, users can also see a flag button when they edit an image or video and when they choose the category and send the Tweet, the photo, photo or video will be blurred out with a content warning. Any other users who come across these tweets will be provided the option to view it in full or just scroll past...

...a tweet. In addition to the content warning, test of company is also changing the way it handles problematic and abusive tweets reported by its users, with an aim to bring a more human first approach and improve the quality of tweets being flagged by users for hate speech, misinformation, etc. There has been a huge increase in investors preferring cryptocurrency over stock. So, according to a new survey by civics science, an increasing number of investors now prefer investing in cryptocurrencies compared to stocks. Survey was carried out by the consumer data aggregator civic science. They found that while seventy six percent of survey participants were of the opinion that they were more likely to invest in traditional stocks, twenty four percent of the participants pervert investing in cryptocurrencies such as Bitcoin, etherium, amongst others. Out of the three thousand seven hundred survey respondence, the number of participants who said that they would be more likely to invest their money in cryptocurrency than traditional stocks increased by one hundred and forty percent in just five months. The...

...latest survey results indicate that the percentage of investors who prefer investing their money in cryptocurrencies over stocks has increased from ten percent in June of two thousand and twenty one to twenty four percent in November of two thousand and twenty one. More over, the percentage of people who favor investing in stocks has fallen from ninety percent to seventy six percent over that same period. Over the over all the survey results show that there has been an increased mainstream acceptance of cryptocurrencies, as a growing number of businesses are accepting cryptocurrencies for payments. And lastly, CRYPTO executives demand for regulatory clarity from Congress. Executives from six major cryptocurrency companies, including coin base and Circle, have requested the US Congress to provide clearer, regular regulations for the booming crypto industry and have warned the tougher rules would push their business overseas, while speaking at the digital as sets and the future of finance, understanding the challenges and benefits of financial innovation in the United States. On December a hearing paxo CEO Chad Cascarilla, circles CEO Jeremy a layer,...

...stellar development foundation CEO Danel Dixon and Alicia has bit fury CEO Bryan Brooks, ftx CEO Sam Bankman freed, the Chief Financial Officer of coin base and CEO of it's US subsidiary, briefed US lawmakers about the challenges their businesses faced, both stay as stablecoin issuers and digital asset exchanges. Top executive said they would welcome regulatory clarity, which will ultimately help the crypto industry expand, as imposing stricter rules on industry could be counterproductive. They added, saying that the rapid growth in the CRYPTO sector emphasizes the appetite of investors for digital assets and should be supported with transparent regulations rather than subdued. And another news for around the Internet, instagram is going to bring back the chronological feed. So instagram is reportedly working on a version of its feed that will allow users to see posts in chronological order. The announcement was made by the company's head, Adam as...

Sary, during a hearing before a Senate subcommittee. And etherium and Doachcoin rank in the top ten news searches on Google. So, according to Google trends, year in search two thousand and twenty one, cryptocurrencies, ether and Doachcoin have made the list of the world's most search terms. In Two thousand and twenty one on Google. The reports so that Doachcoin was the fourth most popular news search term on Google in two thousand and twenty one, while eftherium price was ranked ten. anyways, that's it for today. Hoping joy to be found value in this. Share this with one other person. They can go subscribe for daily business, Tech and Finance News and newsletter dot Roy overloadcom. Have a great day. I'll see it to.

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