• Epic Games Readying Desktop Games Store
    Epic Games is readying a desktop games store designed to take on Valve’s Steam Store. “The store … is going to be an attractive proposition to game developers with a revenue split that leaves them taking 88 percent of revenues on the store,” TechCrunch reports. At present, “Valve’s Steam Store is by far the most dominant presence in online PC game sales.”
  • Netflix Paying $100M To Keep 'Friends' On Tap
    Netflix has agreed to pay roughly $100 million to continue licensing the full “Friends” library from WarnerMedia, The New York Times reports, citing sources. “That’s a significant jump from the $30 million a year that Netflix had paid previously to stream the show,” the Times notes.
  • Apple Discounting New IPhone Models
    In response to weaker-than-expected sales, Apple is discounting some of its new iPhone models. More broadly, Apple is experimenting with iPhone marketing strategies it rarely uses -- such as discount promotions via generous device buyback terms -- to help goose sales of its flagship product,” Bloomberg writes.
  • Quora Suffers Major Hack
    Quora just experienced a major hack that potentially affects up to 100 million users, the question-and-answer site just announced. “Company CEO Adam D’Angelo said the company uncovered the hack Friday and that the exposed user information ranged from email addresses and cryptographically protected passwords to private direct messages,” NPR reports.
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