Instagram CEO: Facebook will encourage users to avoid Apple's 30% cut"but in general we're going to look for other ways to help creators make a living and facilitating transactions that happen in other places"
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Instagram's CEO says Facebook will encourage users to avoid Apple's 30% commission rate.
Adam Mosseri says it is looking for ways to help creators facilitate offline transactions for real goods, taking money out of iOS.
Instagram CEO Adam Mosseri has told CNBC that Facebook is looking for ways to encourage creators to do business offline, avoiding Apple's 30% rate of commission on its App Store.
Mosseri made the comments on CNBC's Squawk Box, where he stated:
"When there are digital transactions that happen on iOS, Apple insists that they take 30% of that. There's a very few number of exceptions. For transactions that happen in iOS, we're going to have to abide by their rules... but in general we're going to look for other ways to help creators make a living and facilitating transactions that happen in other plac...
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Instagram CEO: Facebook will encourage users to avoid Apple's 30% cut
