Facebook CEO Mark Zuckerberg Takes Shot at Apple as it Kicks off WWDC

Mark Zuckerberg, the Chief Executive of social media giant Facebook has said that the platform would not be taking a cut from creators until 2023.

In an effort to draw more influential social media users to the company’s platform, Facebook has said it would not take a cut of any revenue generated by paid online events, fan subscriptions, badges and Facebook’s upcoming independent news product until 2023.

“When we do introduce a revenue share, it will be less than the 30% that Apple and others take,” Facebook CEO Mark Zuckerberg wrote in a Facebook post.

Zuckerberg made the post the same day that iPhone maker Apple kicked off its WWDC annual developers conference.

“When we do introduce a revenue share, it will be less than the 30% that Apple and others take,” Zuckerberg wrote. The CEO was referring to the cut Apple takes on all products sold through apps that users have downloaded through its App Store.

“We’re also launching a new payout interface so creators can see how different companies’ fees and taxes are impacting their earnings.”

Apple’s WWDC conference runs from June 7th to June 11th. One of the biggest announcements so far has been iOS 15 and all of the new features that will bring. One highlight is improving FaceTime which will feature spatial audio, voice isolation plus a new grid view. There will also be FaceTime Links that can help you schedule calls even with people on Android and Windows 10 PCs.

Disclaimer: We have no position in any of the companies mentioned and have not been compensated for this article.