Apple Bows To EU With Third iOS 17.4 Beta Rollout: Here's What's Changed With App Store, Emojis, Podcasts
Portfolio Pulse from Sudhanshu Singh
Apple Inc. has released the third beta version of iOS 17.4 and iPadOS 17.4, introducing features aimed at complying with the EU's Digital Markets Act. These features include alternative app marketplaces, different payment systems, and third-party browser engine support, exclusive to the EU. The update also brings new emojis, podcast transcripts, and SharePlay support for HomePod, among other features. This move is part of Apple's efforts to adapt to regulatory requirements and market demands in the EU.
February 14, 2024 | 7:42 am
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POSITIVE IMPACT
Apple's release of iOS 17.4 beta 3 with EU-specific features and enhancements could positively impact investor sentiment by demonstrating Apple's proactive approach to regulatory compliance and innovation.
Apple's adaptation to the EU's regulatory environment with iOS 17.4 beta 3 could be seen as a positive development by investors. By addressing the EU's Digital Markets Act requirements and introducing new features, Apple is not only avoiding potential regulatory penalties but also potentially opening up new revenue streams and enhancing user engagement in a significant market. This proactive approach and continued innovation can be viewed favorably by investors, potentially leading to a positive short-term impact on Apple's stock price.
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