Apple's Market Dominance and the Entrepreneurial Showdown

Is China dismantling its super apps and selling the parts for scrap? Toast has officially become my favorite Covid-times survival story. What to expect from tomorrow’s iPhone event, including 1 TB iPhone storage tiers. And a full breakdown of the ruling in the Epic vs. Apple case. Has the app store officially been cracked open? It’s complicated.

Sponsors:

• OurCrowd.com/ride
• Modern Finance Podcast

Links:

• Beijing to break up Ant’s Alipay and force creation of separate loans app (Financial Times)
• Tencent and Alibaba pledge to open up apps to competitors (Financial Times)
• Commercetools raises $140M at a $1.9B valuation as 'headless' commerce continues to boom (TechCrunch)
• iPhone 13 Pro will get 1TB option & new 'AirPods 3' will not replace AirPods (AppleInsider)
• Apple must allow other forms of in-app purchase, rules judge in Epic v. Apple (The Verge)
• Apple Risks Losing Billions of Dollars Annually From Epic Games Ruling (Bloomberg)
• The future of the App Store depends on the difference between a ‘button’ and an ‘external link’ (The Verge)
• Apple Won a Battle to Lose the War (500ish.com)

Today's podcast voting! Gates v. Jobs!

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