Competition in the weightless economy

Price wars looming for goods that can be reproduced at zero costs. Not so lucky for food, energy, housing and transport thought.

Now wondering how Amazon would be responding. A lot of respect for those guys in this space. Apple as usual is greedy.

Google woos publishers with One Pass

Google has launched a new online payments system for publishers, with more generous revenue sharing than rival Apple’s recently launched alternative. The “One Pass” service was launched by Eric Schmidt, Google’s chief executive at a conference in Berlin on Wednesday to provide a single point of payment for content across a variety of websites. One Pass will allow consumers to buy individual articles or subscriptions to online newspapers and other sites, across all platforms, including mobile and tablet apps. Google will take a 10 per cent cut of any revenues, compared with Apple’s 30 per cent share for all content sold directly through iPad and iPhone apps Google woos publishers with One Pass http://link.ft.com/r/WDI4RR/TPE6CA/0O6C7/3OPWE1/M9Z31O/50/h?a1=2011&a2=2&a3=16