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Apple to Allow Outside App Stores in Overhaul Spurred by EU Laws

  • Company prepares to allow outside app stores, ‘sideloading’
  • News triggers stock surge for dating services and other apps
Bloomberg business news
Watch: Apple may let alternative app stores on its iPhones and iPads.Markets: The Close.”
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Apple Inc. is preparing to allow alternative app stores on its iPhones and iPads, part of a sweeping overhaul aimed at complying with strict European Union requirements coming in 2024.

Software engineering and services employees are engaged in a major push to open up key elements of Apple’s platforms, according to people familiar with the efforts. As part of the changes, customers could ultimately download third-party software to their iPhones and iPads without using the company’s App Store, sidestepping Apple’s restrictions and the up-to-30% commission it imposes on payments.