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Earlier today the FTC announced a $32.5 million decree against Apple over the way it handles in-app purchases. The FTC says that Apple failed to inform parents when their kids might run up huge bills in in-app purchases, and needs to do a better job. The FTC also wants Apple to pay out claims for those in-app purchases to the tune of (at least) $32.5 million.
Quite frankly, that's chump change for Apple.
Full story from the iMore Blog...