Amazon Kindle

Search documents
Ahead of WWDC, Apple says App Store blocked $2B in fraud transactions last year, $9B in past 5 years
TechCrunch· 2025-05-27 14:43
Core Insights - Apple announced it has prevented over $9 billion in fraudulent transactions in the past five years, with $2 billion in 2024 alone [1][5] - The release of these metrics serves to highlight the benefits of the App Store while reminding developers of the risks associated with alternative payment methods [2][3] - Apple terminated over 146,000 developer accounts and rejected 139,000 enrollments due to fraud concerns in 2024 [7] Fraud Prevention Metrics - Apple blocked nearly 2 million risky app submissions in 2024 [1][7] - The company rejected over 711 million customer account creations and deactivated nearly 129 million customer accounts last year [7] - Apple stopped nearly 4.6 million attempts to install or launch apps outside the App Store or approved third-party marketplaces [10] Developer Considerations - Larger apps like Fortnite and Spotify have quickly adopted new payment functionalities, while smaller developers remain cautious due to potential financial risks [4][11] - Early data suggests that small businesses may not benefit financially from switching to their own payment systems [11] - Apple's App Store commissions are positioned as a trade-off for security, hosting, and fraud prevention services [10][12] Market Context - Under the EU's Digital Markets Act, alternative app stores are now accessible, which may expose developers to piracy risks [9] - Apple's metrics aim to reinforce the value of the App Store in a changing market landscape where developers have more options [13]
Hims & Hers brings former Amazon executive into C-suite
CNBC· 2025-05-05 14:00
Core Insights - Hims & Hers Health has appointed Nader Kabbani, a former Amazon executive, as its chief operations officer to enhance the delivery of affordable and personalized healthcare [1][2] Group 1: Executive Appointment - Nader Kabbani brings nearly 20 years of experience from Amazon, where he played a key role in launching Amazon Pharmacy and other healthcare initiatives [1][2] - Kabbani's previous roles include overseeing Amazon's Covid-19 Vaccination Task Force and contributing to the development of services like Amazon Kindle and Prime Video [2][3] Group 2: Company Growth - Hims & Hers Health reported a revenue increase of 69% last year, indicating strong growth potential [2] - The company specializes in direct-to-consumer treatments for conditions such as erectile dysfunction and hair loss [2] Group 3: Leadership Perspective - Hims & Hers CEO Andrew Dudum emphasized Kabbani's unique qualifications to scale operations and build the future of healthcare [3] - Kabbani has also held leadership positions at Flexport and Symbotic, further enhancing his operational expertise [3]