Latest in Apple app store

UPDATED with closing stock price. Apple stock hit a new all-time high Friday amid U.S.-China trade optimism, a day after a leaked memo from CEO Tim Cook explained his decision to remove an app from the App Store after complaints from China. Shares in the tech giant closed at $236.21, up nearly 3% for the day, after…

UPDATED with closing stock price. Apple’s stock opened Monday at its lowest point in six weeks due to the escalating U.S.-China trade war, only to slump further on an unfavorable ruling by the U.S. Supreme Court. Shares closed at $186.55, down nearly 5.4%. Despite the decline, in 2019 to date, the stock has gained…

Shares in Apple, which have climbed more than 30% in 2019 to date, slipped nearly 2% $208 on Monday after a Financial Times report over the weekend said the tech giant faces an investigation into its App Store fees. According to the news outlet, a probe could start in the coming weeks. Rivals such as Spotify have long…

Apple has issued a lengthy response to Spotify’s complaint before European Commission regulators, which was issued earlier this week. The iPhone maker dismisses it as “misleading rhetoric” that conceals its streaming competitor’s financial motives. Spotify told the EC that Apple’s 30% “tax” on Spotify streams…

UPDATED with a statement from Facebook: Facebook has removed a data-security app from Apple’s app store after the Cupertino tech giant determined it violated data-collection policies. The free Onavo app allows users to create a virtual private network that sends Internet traffic through a private server. It’s touted…