Time Inc. likes to show off its iPad apps as a symbol of the company’s future. But inside the publisher, the digital editions have become a source of hair-pulling frustration. That’s because the magazine giant has been unable to get Apple to let it sell and manage subscriptions for its iPad apps–much to Time Inc.’s surprise. via Time Inc. Frustrated by Apple Over iPad Subscription Issue | Peter Kafka | MediaMemo | AllThingsD.
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As social games becomes a more crowded and difficult field — several hundred new games are introduced on Facebook weekly and most go nowhere — brands that can be used as the basis for titles are becoming more important. via Disney Buys Playdom in $763 Million Deal – NYTimes.com.
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• 83 percent of all U.S. stocks are in the hands of 1 percent of the people.• 61 percent of Americans “always or usually” live paycheck to paycheck, which was up from 49 percent in 2008 and 43 percent in 2007.• 66 percent of the income growth between 2001 and 2007 went to the top 1% of all Americans.• 36 percent of Americans say that they don't contribute anything to retirement savings.• A staggering 43 percent of Americans have less than $10,000 saved up for retirement.• 24 percent of American workers say that they have postponed their planned retirement age in the past year.• Over 1.4 million Americans filed for personal bankruptcy in 2009, which represented a 32 percent increase[…]