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Apple opens up its App Store to competition in Japan

[ad_1] Apple announced it will allow alternative app stores in Japan and will permit developers to process payments for digital goods and services outside of its own in-app purchase system in iOS. The iPhone maker is not making these changes because it wants to be more open; it’s being forced …

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Bank of England cuts interest rate after UK inflation slides

[ad_1] The BoE’s widely expected reduction followed a regular policy meeting and came ahead of the European Central Bank’s rate decision Thursday. Photo: JUSTIN TALLIS / AFPSource: AFP The Bank of England cut its key interest rate to 3.75 percent on Thursday after UK inflation eased faster than expected and …

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Newest Cross-Border Payment System Goes Live

[ad_1] The 21 member states of the Common Market for Eastern and Southern Africa (COMESA) can now trade directly in local currencies rather than the US dollar via its recently launched Digital Retail Payments Platform (DRPP), which went live on October 9. The Lusaka-based bloc notes that the platform reduces …

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YouTube will stream the Oscars — exclusively — beginning in 2029

[ad_1] YouTube has won exclusive rights to stream the Oscars starting in 2029, the Academy of Motion Picture Arts and Sciences announced on Wednesday. The Google-owned platform outbid other contenders, including the Oscars’ longtime home ABC, ending the network’s streak of hosting the awards show since 1961 (with the exception of …

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