The Morning Lowdown 06-09-11

»  Apple (NSDQ: AAPL) reverses course on in-app subscriptions (MacRumors). The change induces proprietors to offer subscription content–we explain how publishers are affected.

»  Breaking: More insult to injury as Nokia (NYSE: NOK) CTO takes leave of absence (paidContent). But CEO Stephen Elop says acquisition rumors are “baseless” (CNET).

»  P&G tries Facebook commerce again with new platform, talks to Walmart about joining (AdAge)

»  Confessions of Patch salesperson: “It’s been a disaster” (Business Insider)

»  A lesson from Zappos: The Like button is not a social media strategy (The Next Web)

»  Bitcoin: Inside the encrypted, peer-to-peer digital currency (Ars Technica)

»  Son of Zune: Is Microsoft (NSDQ: MSFT) considering building its own Windows 8 tablet? (mocoNews)

»  Digital publishing in the developing world: Imitation or autonomous evolution? (Publishing Perspectives)

» raises $200 million to grow digital coupon market (VentureBeat)

»  Carriers sweat as texting cools off (WSJ)

»  Les Paul: Google’s best doodle yet? (The Guardian)