Apple removes Financial Times apps from iTunes

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Apple has revoked its approval of the Financial Times iPhone and iPad apps, which have not complied with new terms that took effect two months ago. Apple now requires apps to use its iTunes payment system for all content purchases, but the Financial Times has refused to do that. The publisher uses its own transaction system, which gives it access to subscriber data and avoids paying Apple a 30 percent fee. The move seemed inevitable after the two parties reached a standoff and the FT launched a browser-based version of its app to circumvent Apple. || Earlier: Financial Times launches Web app to avoid Apple’s fees and restrictions | New York Times begins selling mobile subscriptions through iTunes