Apple Isn’t Ready to Release Its Grip on the App Store

“Especially for the big app developers with loads of downloads, who are the ones that really Apple make all their money from, that will rack up to a very high…

PCE, a Key Inflation Measure, Cooled in December

Inflation has been slowing swiftly, and fresh data showed that a core price gauge fell below 3 percent for the first time in years last month. Source link

How Beloved Indie Blog ‘The Hairpin’ Turned Into an AI Clickbait Farm

What a heinous month for the media. Almost every day, a publication announces layoffs or shuts down. Sports Illustrated just let go almost all of its staff after weathering an…

Economists Predicted a Recession. So Far They’ve Been Wrong.

The recession America was expecting never showed up. Many economists spent early 2023 predicting a painful downturn, a view so widely held that some commentators started to treat it as…

A Last-Ditch Plan to Save the Crypto Industry

The book traces the following thesis: At first, the internet was open, but limited. Private companies brought interactivity to the web and grew fat on the proceeds, but that made…

Will Fanatics Upend the World of Sports Collectibles?

Powered by its connections with leagues and star athletes, the merchandising giant has entered the hobby universe with deep pockets and sharp elbows. Not everyone is happy. Source link

Business Insider Laying Off 8% of Staff

In an internal note about the job cuts, the company’s chief executive cited its plan to shift focus solely to news coverage of business, tech and innovation. Source link

John Pilger, 84, Dies; Journalist and Filmmaker on Human Rights Abuses

A prolific documentarian and writer who took sides, he was best known for a film about the Khmer Rouge’s genocide in Cambodia in the 1970s. Source link

As China’s Markets Stumble, Japan Rises Toward Record

There’s a shift underway in Asia that’s reverberating through global financial markets. Japan’s stock market, overlooked by investors for decades, is making a furious comeback. The benchmark Nikkei 225 index…

Journalists at New York Daily News Walk Off Job for a Day

Journalists at The New York Daily News walked off the job on Thursday for the first time in more than three decades. Newsroom workers at The Daily News Union, which…