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Elon Musk claims their dispute has been settled with Apple.

Tim Cook, the CEO of Apple, and Elon Musk, the new owner of Twitter, allegedly had a “misunderstanding” about the possibility of removing the social network app from the app store. However, Musk claimed that the two had resolved it.

Musk had forewarned that on Monday, November 28, Apple will halt the bulk of its Twitter advertising. He further said that the company had threatened to take the social networking website off of its Apple Store.

 

The South African-born businessman, who gave an update on the situation in the early hours of Monday, December 1, claimed he talked with Apple CEO Tim Cook.

 

He complimented the tech magnate on the “beautiful HQ” and said they had a “nice talk” when he was there.

 

Moreover, Musk tweeted:

 

Cook never publicly responded to Musk’s prior concerns, and it’s not clear whether Apple has begun to stop running ads on the app.

 

The Washington Post reported that Apple spent $48 million, or more than 4% of Twitter’s total quarterly income, making it the company that spent the most on advertising during the first quarter.

The in-app payments system used by Apple, which charges a 30 percent fee on all in-app transactions, has also drawn criticism from other industry executives. The corporation reportedly said that the charges are “used to safeguard customers in areas such as fraud and privacy.”

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