Apple in Korea climbdown after third-party payment ruling

The iPhone maker, which recently saw its market cap briefly top $3 trillion, returned to Earth with a bump this week.
South Korea’s Yonhap news agency reported on Tuesday that Apple has submitted compliance plans relating to a new law that bans app store providers from forcing developers to use their in-app payment systems. These proprietary systems typically charge a high commission – in Apple’s case it’s up to 30% – every time a user makes an in-app purchase. It&r