Apple Forms Team to Explore App Store Changes The iPhone maker is considering paid searches, where companies would have to pay to have their apps appear among top search results.

By Reuters

This story originally appeared on Reuters

Reuters | Stephen Lam

Apple Inc. has formed a secret team to explore changes to its App Store, including a new strategy for charging developers to have their apps more prominently displayed, Bloomberg reported, citing people familiar with the plans.

The iPhone maker is considering paid searches, similar to Google's model, where companies would have to pay to have their apps appear among top search results based on what a customer is seeking, Bloomberg said.

About 100 employees are working on the project, including many engineers from Apple's advertising group iAd, which is being scaled back, Bloomberg said, adding that the initiative is being led by Apple Vice President Todd Teresi, who headed iAd.

Apple declined to comment.

(Reporting by Arunima Banerjee in Bengaluru; Editing by Alan Crosby)

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business News

These Are the 10 Highest-Paying Jobs With the Lowest Stress, According to a New Report

From astronomer to geographer, these jobs will reportedly offer the highest paychecks with the least amount of stress in 2025.

Starting a Business

The 5 Fears Every Entrepreneur Must Face — and Overcome

Entrepreneurship is full of fears, from failure to success. This article explores the five common fears entrepreneurs face and offers practical strategies to overcome them, turning obstacles into opportunities.

Side Hustle

This 24-Year-Old's Creative Side Hustle Surpassed $1 Million in Sales: 'Definitely Doing Something Right'

Content creator and actor Alyssa McKay saw the perfect opportunity to innovate.

Debt / Loans / Refinancing

Struggling with Startup Finances? These Innovative Payment Solutions Will Save You

Cash flow delays, manual invoices and missed discounts can drain your startup's time and resources. Switching to an innovative payment process removes these roadblocks, helping your business grow faster and stay agile.