Nilay Patel breaks down the Department of Justice's price-fixing case against book publishers and Apple.
It appears that the government has quite a case, as Simon & Schuster, Hachette, and HarperCollins have all quickly settled. Apple and the others appear to be in for the long haul, so we'll see how they respond in the coming weeks.
Much has already been said; especially over whether it's in the public interest for the Apple/publisher deal to get blown up given the presumed potential for Amazon World Domination.
The New York Times' David Streitfield reports that the book world is quaking at the prospect of Amazon being able to set prices.
Traditional publishers seem set up to lose in any case, though, because they have no leverage over the distributors other than to withdraw from their marketplaces. Amazon offered them $10 ebooks. Apple offered them $13/$15 ebooks. But they're both indifferent, and will eventually find a way to leave ebook pricing to optimization by the invisible fist, whose preference for $3 impulse buys, or whatever Amanda Hocking is selling them for, is already reflected in the average price of apps.
You’d be forgiven for thinking the videocassette format long-dead, but it turns out that Betamax is still around. Sony is finally going to withdraw tapes from sale, bringing a 40-year story to an end. The last recorders were sold in 2002. ベータビデオカセットおよびマイクロMVカセットテープ出荷終了のお知らせ [Sony; via The Verge]
A leaked Comcast memo discloses that the company’s consumer data caps have nothing to do with network congestion, contrary to its public claims. The internet service provider has often complained (such as when lobbying against net neutrality) that it must impose limits on service to prevent network congestion. The argument suggests that these measures are […]
LA Makerspace co-founder Tara Tiger Brown shares a project that her kid-friendly maker workshop is trying to make a reality.
Store more on your Mac with this microSD memory card adapter.
Carrying this EDC card is like slinging around a handheld toolbox wherever you go. Its minimal design is small enough to fit in your wallet’s billfold, and it’s TSA-compliant so you’ll never leave it behind. It’s got hex wrenches, metric and imperial rulers, flathead and Phillip’s screwdrivers, and a bottle opener so that you’re ready […]
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