Update 5/12: CNET has posted an expanded Q&A with BeamItDown co-founder and iFlow Reader developer Dennis Morin.
Some interesting news from the world of e-reading apps in the land of iOS: BeamItDown is shuttering its iFlow Reader app on May 31, saying "Apple has decided that it wants all of the e-book business in iOS for itself and it has has made mid-game rule changes that make it impossible for anyone but Apple to sell e-books at a profit on iOS."
Just like the Kindle, Nook, and Kobo apps for iOS, the iFlow Reader app for iPhone and iPad has an integrated e-bookstore. Apple has reportedly set a deadline of June 30 for developers to alter their apps to reflect the new terms for subscriptions in the Apple Store, which requires companies to give Apple a 30 percent cut on sales their apps generate.
In the past, e-reading apps like iFlow, Kindle, and Nook have avoided paying the cut by sending customers to a Web-based interface outside the app. Starting in June, however, Apple has said it will require developers to sell content from only within the app.
Fear of reprisals from Apple has kept most companies mum on the looming issue, but the folks at BeamItDown Software who make the iFlow Reader let their anger--excuse the pun--flow freely. It is one of the harsher public condemnations of Apple we've seen. … Read more