Apple starts paying out $100mn fund to affected developers: Report

Apple has started paying out $100 million cash reserve created as part of a class-action settlement to its App Store developers.

The tech giant agreed to settle a lawsuit brought by the US developers concerned with App Store policies, in August 2021. The company agreed to create the Apple Smart Developer Assistance Fund as part of the settlement, which would pay out cash to affected developers, reports AppleInsider.

As per the report, several developers claim on Twitter that the company has begun distributing payments from the fund.

Developers had until May 20 to request to become “Settlement Class Members” from a separate administrator. The developers stood to get paid from $250 to $30,000 if they met the requirements.