9/27/2023 0 Comments Memo tim cook appleCook said the company was more willing to do so because it was hardly onerous. “To us, it smacked of double jeopardy.”īut in the end, Apple agreed to the proposed decree anyway. “It doesn’t feel right for the FTC to sue over a case that had already been settled,” Cook wrote. In an all-hands memo sent to employees this morning and obtained by Re/code, CEO Tim Cook said Apple agreed to the deal because it felt it had no other choice. The company must also change its billing practices to ensure that it has obtained consumers’ express consent for in-app purchases before charging them. Under the terms of the agreement, Apple must provide full refunds to consumers affected by confusion over in-app purchases, doling out a minimum of $32.5 million in redress. Apple today signed a consent decree with the agency, addressing now two-year-old complaints that the company didn’t do enough to prevent children from buying currency or points inside apps and games without a clear understanding that they were spending real money. I hope you are as excited as I am about this new chapter in our history.Looks like Apple’s settlement last year of a lawsuit over the unauthorized use of in-app purchasing in games and apps sold through the App Store wasn’t enough for the Federal Trade Commission. Please join me in welcoming Beats to Apple. We see an incredible opportunity to bring Apple’s legendary design and engineering capabilities to these popular products under Phil’s leadership. They are among the most popular and highest-rated third-party products sold today in Apple’s retail and online stores. ![]() Beats Electronics has become the brand of choice for headphones and speakers in both the music and sports world, just five years after its launch. The teams will be getting to know each other better in the weeks ahead, and we are very excited about the possibilities for the future. The Beats Music team will report to Eddy. The addition of Beats will make our incredible iTunes lineup even better, extending the emotional connection our customers have with music. Both Apple and Beats believe that a great music service requires a strong editorial and curation team, and we will continue to expand what we do in those areas. We think it’s the first subscription service to really get it right. Beats Music was built with deep respect for both artists and fans. He has produced or collaborated with some of the most popular artists in history, and been an important contributor to the success of the iTunes Store. Jimmy has been on the cutting edge of innovation in the music industry for decades, including as a key partner for Apple in the launch of the iTunes Music Store more than ten years ago. Dre will join Apple, along with their team of employees. Beats co-founders and music industry pioneers Jimmy Iovine and Dr. That’s why we have kept investing in music and why we’re bringing together these extraordinary teams - so we can continue to create the most innovative music products and services in the world. Music holds a special place in our hearts at Apple, and we know that we can make an even bigger contribution to something that is so important to our society. That remains important to us today, but we also bring music to hundreds of millions of customers with iTunes, which is at the forefront of the digital music revolution. Apple’s history in music began with selling Macs to musicians. It brings people together and transcends the limits of spoken language. ![]() Music has the power to inspire us, to comfort us, and to send our emotions soaring. Music is an important part of our lives and our culture. Bringing our companies together paves the way for amazing developments which our customers will love. Team, This afternoon we announced that Apple is acquiring Beats Music and Beats Electronics, two fast-growing businesses which complement our product line and will help extend the Apple ecosystem in the future.
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