Apple Blocks The Financial Times From Its App Store [Headlines]
Apple discontinues Financial Times' app from their store after the newspaper refused to give 30% of revenues and consumer data.
The two companies have been locked in a stand-off for months, following Apple's decision to force subscription-based applications through its own app store, instead of the app creators'. The change was implemented two weeks ago, giving Apple control over valuable data about the Financial Times‘ affluent readers, as well as a hefty cut of its takings.
The Financial Times said: “The FT iPad and iPhone apps will no longer be available to new users through iTunes. We are directing readers to the FT's new web app available at app.ft.com.”