Google to slash amount it keeps from sales on its cloud marketplace- CNBC

Google tells EU court payments to phone makers gave Android a chance against Apple
Google tells EU court payments to phone makers gave Android a chance against Apple   -   Copyright  Thomson Reuters 2021   -  
By Reuters

<div> <p> -Alphabet Inc’s Google will take a smaller cut when customers buy software from other vendors on its cloud marketplace, <span class="caps">CNBC</span> reported on Sunday.</p> <p>The Google Cloud Platform is cutting its percentage revenue share to 3% from 20%, <span class="caps">CNBC</span> said, citing a person familiar with the matter. https://cnb.cx/2XZp7ep</p> <p>“Our goal is to provide partners with the best platform and most competitive incentives in the industry. We can confirm that a change to our Marketplace fee structure is in the works and we’ll have more to share on this soon,” a Google Cloud spokesperson said in a statement to Reuters.</p> <p>Earlier this year, Google cut the service fee it charges developers on its app store by half on the first $1 million they earn in revenue in a year.</p> </div>