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.
Canada’s privacy authorities on Friday said they are investigating New York-based Clearview AI over concerns the facial recognition technology may not comply with Canadian privacy law.
Ethos, the private equity firm owned by Republican billionaires that is trying to buy the rights to operate the internet’s .org domain range, said on Friday it will cap price hikes, and will agree to create an advisory board with veto powers to partly address some of the concerns of the nonprofit community.
Facebook is reportedly considering making it just a wee bit clearer that pro-Bloomberg political campaign posts come from paid staffers on Michael Bloomberg’s political campaign. Yes, 2020 is bonkers.
If you remember your Norse mythology (or just watched Marvel’s Thor movies), you’re probably familiar with Heimdal, the god whose ever-watchful eye was entrusted with protecting the home of the gods in Asgard. Back on Earth, Heimdal Thor is also the name of a security package from Heimdal Security, that’s actually dedicated to much the […]
Everyone’s got their nose in a phone these days, and that doesn’t seem like it’s going to change anytime soon. With the increase in mobile device and e-commerce reliance comes increased need for developers who can build the apps we’re all so glued to. In fact, employment of devs is expected to grow up to […]
Whether you love cooking at home or you swore this was going to be the year you curbed your DoorDash addiction, you know you can’t get the job done well without the proper tools on hand. For all your recipe and meal prep needs, this 3-piece Sukasu Osami Chef’s Knife set will do you right […]