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Apple Makes Changes for App Developers, News Publishers

Facing increased regulatory scrutiny, Apple announced significant changes to its App Store, enabling developers to inform customers about ways to pay outside the App Store and expanding prices they can offer for subscriptions as well as in-app purchases and paid apps. The company settled a class-action lawsuit with software developers and is expecting a judgment in a suit filed by Epic Games over many of the same issues. Apple’s move is the biggest it’s ever made in response to developers alleging anticompetitive behavior. The company separately announced plans to cut its commission rate for publishers on Apple News. Read more

White House Cybersecurity Summit Brings Leaders Together

At a White House summit, President Joe Biden asked leaders of Apple, Google, JPMorgan Chase and other major companies to step up their response to cybersecurity threats. The administration, which estimated that about half a million cybersecurity jobs remain unfilled, said it would assist in developing new guidelines for secure technology and assess the security of existing technology. Google, Microsoft, and insurance companies Travelers and Coalition have already signed on to the initiative. Microsoft plans to invest $20 billion over the next five years to integrate cybersecurity into its products and Google revealed its own $10 billion commitment. Read more

Western Digital and Kioxia Merger Could Impact Chip Market

California-based data technology company Western Digital is purportedly in “advanced merger talks” with Japan’s computer memory firm Kioxia Holdings, according to sources who added that a deal could be inked as soon as mid-September. Western Digital’s shares rose 8 percent in reaction to the Wednesday news and continued to rise on Thursday. Sources said Western Digital would complete the deal with stock and that its chief executive David Goeckeler would run the combined company. According to Barron’s, the deal would be valued at about $20 billion. Read more

Spotify Opens Podcast Subscription Service to U.S. Creators

Swedish audio streaming service Spotify is now allowing all U.S.-based podcasters to use Anchor, its podcast creation and distribution platform, to sell subscriptions for exclusive episodes available via a private RSS feed and within the Spotify app. The company is increasing its pricing options and enabling podcasters to download email addresses of paying subscribers who opt in. Spotify will not take a revenue cut until 2023, when it will begin to take 5 percent. It still does not offer a “subscribe” button, meaning listeners have to go to an external website to sign up. Read more

Global Movie Piracy Skyrockets with Day-and-Date Releases

When the opening weekend of “Black Widow” fell below expectations, theater owners were suspicious that it didn’t match the well-attended Thursday night preview. That’s because, as reported by TorrentFreak, “Black Widow” was the most pirated movie in the world for three weeks following its July 9 debut. Likewise, pirated copies of “The Suicide Squad,” “Jungle Cruise” and “Godzilla vs. Kong” proliferated shortly after their releases, shooting to the top of The Pirate Bay and LimeTorrents, two popular piracy websites. Read more

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