Location data and storage company SimpleGeo has announced plans to change its pay-per-use pricing for the SimpleGeo API, removing a free option for low volume users. Instead, the company will offer tiered pricing, with 60 day free trials at every tier.
Consumers have been turning to third-party financial apps that seamlessly connect with their banks. To achieve true global connectivity in the age of the open financial web, a new standard for data sharing must be created, adopted, then actively governed under a framework of strict interoperability.
Developers were angered when Yahoo Finance deactivated a CSV download feature that was being treated as an API. As a result, it appears as though several applications broke and developers voiced their disappointment. But, as it turns out, they were taking a big risk in the first place.