Takeaways:

• A reported $260B in developer earnings since the advent of the App Store in 2008, with Apple taking a 15-30% cut.
• Today in EVs: Apple wins Project Titan patents, including a multi-linkage vehicle door hinge; Tesla’s Model 3 sold out in Europe for Q1 – with delays until as late as May in Germany.
• Take-Two buys FarmVille creator, Zynga, for >$11B, reflecting a continued effort in the gaming industry toward consolidation.

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