Jan 17, 2017 - Technology

More Brexit fallout: Apple hikes U.K. app store prices

Rob Griffith / AP

Apple is upping the prices it charges for apps in the U.K. as much as 25% after the pound's drop in value following Brexit, according to Bloomberg. A purchase that previously cost 79 pence will now sell for 99 pence.

Apple told developers the changes will be made within the week. This isn't the first time Apple's raising prices post-Brexit. The company raised the price of hardware products, including the iPhone, back in October.

Context: Earlier this morning, Britain's Prime Minister Theresa May said that Brexit is definitely happening, and that the U.K. will not "hold on to bits of membership" as they leave.

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Kendall Baker
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Big Ten's conference-only move could spur a regionalized college sports season

Illustration: Aïda Amer/Axios

The Big Ten announced Thursday that it will move all fall sports to a conference-only schedule.

Why it matters: This will have a snowball effect on the rest of the country, and could force all Power 5 conferences to follow suit, resulting in a regionalized fall sports season.

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Dion Rabouin
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Why it matters: We have entered round two of the jobs apocalypse. Those announcements followed similar ones from the Hilton, Hyatt, Marriott and Choice hotels, which all have announced thousands of job cuts, and the bankruptcies of more major U.S. companies like 24 Hour Fitness, Brooks Brothers and Chuck E. Cheese in recent days.

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Margaret Harding McGill
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Big Tech marshals a right-leaning army of allies for antitrust fight

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