Telegram cancels monetization plans

[Ink]

Content source

https://appleinsider.com/articles/22/10/28/telegram-cancels-monetization-plans-after-apple-destroys-dreams

Telegram's CEO has announced that the company is canceling its monetization plans, saying it would work outside of the App Store rules, following objections from Apple.

Pavel Durov posted on his Telegram channel on October 28 that Apple wasn't happy with the company's plan to let content creators monetize their posts that used Telegram's payment system instead of Apple's. He also called on regulators to take action.

Unfortunately, we received word from Apple that they were not happy with content creators monetizing their efforts without paying a 30% tax to Apple. Since Apple has complete control over its ecosystem, we had no alternative but to disable such paid posts on iOS devices.

This is just another example of how a trillion-dollar monopoly abuses its market dominance at the expense of millions of users who are trying to monetize their own content. I hope that the regulators in the EU, India and elsewhere start taking action before Apple destroys more dreams and crushes more entrepreneurs with a tax that is higher than any government-levied VAT.

via Durov's Channel