Financial Times pulls its apps from Apple

Reuters reports that The Financial Times has pulled its iPad and iPhone apps from Apple's App Store after losing a battle to keep control of customer data obtained through subscriptions.

Apple has recently begun to insist that subscriptions to apps that it hosts must go through its own store, giving Apple ownership of valuable data about customers from those transactions, as well as a 30 percent cut of revenues.

The Pearson-owned FT and Apple had been in negotiations for months but ultimately failed to reach a compromise, an FT spokesman said on Wednesday.

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emily | 3:31 PM | Cell Phone Apps Related Articles |
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