Apps & Software

A Facebook App Store

The Apple (NASDAQ: AAPL) App store, and Google’s (NASDAQ: GOOG) for Android face new competition. Facebook (NASDAQ: FB) has opened an app store of its own. Most of the software available at the Facebook store does not directly compete with Apple or Google product. But, that could change quickly. App developers have every reason to look at Facebook’s nearly one billion members as a lucrative market for the revenue that many of these software products bring in.

PC Magazine reports:

In total, the App Center launched with 600 social apps, including Nike+ GPS, Ubisoft Ghost Recon Commander, Stitcher Radio, Draw Something, and Pinterest.

Douglas A. McIntyre

The Average American Is Losing Momentum On Their Savings Every Day (Sponsor)

If you’re like many Americans and keep your money ‘safe’ in a checking or savings account, think again. The average yield on a savings account is a paltry .4%1 today. Checking accounts are even worse.

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1 https://www.fdic.gov/national-rates-and-rate-caps

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