The nearly year and a half-long ebook antitrust investigation involving Apple and a handful of large publishers appears near an end, as Pearson's Penguin unit has offered to the European Commission to end the deals it made with Apple over ebook prices.

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Once a break-even business used to drive sales of Apple's high-margin hardware, the iTunes Store is now estimated to be raking in more than $2 billion per year, due largely to the inclusion of its in-house software development teams.

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Apple on Thursday improved its security system for Apple ID accounts tied to services like iCloud and iTunes, offering users two-step verification for when making changes to an account.

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The judge presiding over a government antitrust case against Apple's iBookstore has ruled that CEO Tim Cook must testify in the case.

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The U.S. Department of Justice decided last week that it would not incorporate notes taken by Apple cofounder Steve Jobs' biographer into its antitrust case, which is targeting the Cupertino company over alleged e-book price fixing.

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Book publisher Macmillan has settled with the U.S. Department of Justice to avoid an e-book price fixing investigation, leaving Apple as the only company that has not yet reached an out-of-court settlement.

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Apple has begun promoting self-published titles on the iBookstore under the banner of "Breakout Books."

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Apple is reportedly looking to make a serious attempt at entering the Japanese e-book market with its iBookstore, and is currently said to be in discussions with some of the country's top publishing houses.

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Book publisher Penguin on Tuesday proposed a settlement with the U.S. Department of Justice regarding an ongoing antitrust investigation related to e-book price fixing, which leaves only Apple and Macmillan as remaining defendants.

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Starting Monday, customers of Facebook Gifts can purchase iTunes digital gift cards while recommending content to friends and family on the social networking site.

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An iBooks publishing label has reportedly discovered that Apple may take its iBookstore live in 18 countries as soon as Tuesday, which lines up perfectly with a special event at which the much-rumored 7.85-inch "iPad mini" is expected to debut.

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Publishers operating in Latin America have reportedly received "urgent" requests from a large Spanish e-book distributor to update their respective metadata, signaling Apple's iBookstore may soon rollout in the region.

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