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In a significant development in the tech industry, Apple’s VP in charge of the App Store is leaving as the company reorganizes to respond to changes in global regulations.
Apple’s App Store has been a central part of its business model, and changes in leadership, especially in response to global regulations, often signal significant shifts in strategy.
Matt Fischer, who has run the App Store business since 2010, is leaving the iPhone maker in October, according to people with knowledge of the matter, who declined to be named discussing unannounced moves. The App Store group is being split into two teams: one overseeing Apple’s own store and another responsible for alternative app distribution.
Phil Schiller, the Apple executive who is ultimately responsible for the App Store, is making the changes in response to regulators forcing Apple to allow alternative stores and payment methods for apps on the iPhone, iPad and the company’s other devices.
Via: Bloomberg News
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