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.
Latest update blurs ads vs. search results line
• Hoan Ton-That, founder of facial recognition tech firm Clearview AI, previously connected to Trump world figures and online hate extremists, reports Buzzfeed News • Chuck Johnson, Mike Cernovich, and Rudy Giuliani are among the linked figures named in Buzzfeed report • NYPD disputes facial recognition firm Clearview AI’s claim that it identified a terrorism […]
Twitter, where Donald Trump posted 123 bonkers tweets today and Nazis and psyops bots roam free, is rolling out a pop-up feature that lets users add an emoji reaction to a Direct Message, kind of like a similar feature that exists in iOS iMessage. So fancy!
When it comes to top-quality kitchen gadgets that won’t break the bank, nothing beats Gourmia. These eight best-selling Gourmia tools will help you take your culinary prowesses to the next level, and each one is available for an additional 15% off when you enter the coupon code COOKSAVE15 at checkout. 1. Gourmia GTF7350 6-in-1 Multi-Function […]
Traditional headphones are overrated, especially now that this HumBird Bone-Conducting Speaker allows you to enjoy a rich and completely unique listening experience depending on where you place it. A must-have item for true audiophiles looking to switch up their usual listening routine, this compact speaker uses cutting-edge bone conduction technology in order to deliver a […]
You don’t need to be a professional chef in order to enjoy a great set of knives in your kitchen, yet far too many would-be culinary pros settle for subpar blades that lose their edge after a few months. This Schmidt Brothers® Cutlery Carbon 6 7-Pc Knife Block Set will bring a new level of […]