© Reuters. FILE PHOTO: A Microsoft logo is seen one day after the $ 26.2 billion purchase of LinkedIn Corp (LNKD.N) from Microsoft Corp (MSFT.O), in Los Angeles
(Reuters) -Microsoft Corp will cut its fees for game developers who publish games on its online store starting in August, the New York Times reported Thursday. (https://nyti.ms/2ScCCEm) The company did not immediately respond to a request for comment from Reuters. The move comes at a time when Apple Inc (NASDAQ 🙂 is fighting a lawsuit filed last year by Fortnite creator Epic Games, alleging that the iPhone maker has abused its dominance in the mobile app market. . According to the NYT report, developers can now keep 88% of the revenue they make from their games, up from 70% previously, making the Microsoft store (NASDAQ 🙂 more attractive to independent developers and smaller game studios.
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