"Black hat" companies sell services to get products featured and upranked on Amazon

Amazon has been plagued by counterfeiters, fraudsters and crooks who use tactics like fake reviews to goose sales of their products; the company keeps cracking down on these activities, but despite using measures so broad that they destroy the livelihoods of legitimate sellers, Amazon is losing the war on crooked sellers. Read the rest

IPOs have sent Uber and Lyft fares skyrocketing, while driver pay plummets

The public markets are hungry: as Uber and Lyft look to IPOs to let their investors -- who have been subsidizing 40-50% of every ride -- redeem their shares through sales to the public capital markets, the companies are desperate for ways to reduce their unprofitability and increase those share prices. Read the rest

Leak: Apple is demanding 50% of the revenue from its "Netflix for news" product

Apple's been playing Lucy-and-the-football with the media industry for years now, exploiting the media's horrible Daddy Complex that has it forever searching for a tech company that will give it a sustainable future. Read the rest

Netflix walks away from App Store payments, costing Apple up to $256m/year

When Ios launched, Apple's App Store took a 30% royalty on all apps sold. App vendors responded in large part by switching to free apps that charged in-app for annual subscriptions and other fees, prompting Apple (by then the dominant smartphone seller and critical to many companies' businesses) to ban in-app purchases except through Apple, which would charge a 30% commission on the lifetime revenues from each user. Read the rest