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Apple approves Spotify app update that allows U.S. users to access pricing info, external payment links

1. Apple approved Spotify's app update for pricing transparency. 2. The change follows a court order to stop in-app commissions. 3. Spotify can now provide links and subscription info within their app. 4. Apple plans to appeal the court's decision against its App Store practices. 5. The ruling marks a significant shift in app marketplace dynamics.

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FAQ

Why Bearish?

The ruling could reduce Apple's App Store revenue, historically significant for its business model.

How important is it?

The court's ruling impacts Apple's revenue model, potentially leading to significant changes in app monetization.

Why Long Term?

The decision could lead to broader changes in App Store practices affecting revenue for ongoing years.

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