iPhone SDK Beta release

The much awaited iPhone SDK has been released. This is the feature snapshot:

- Independent developers can develop applications. Apps can be free or commercial. Developers take 70%, Apple takes 30%

- Distribution of applications is ONLY through iTunes, AppStore

- No VOIP applications

- Push Email possible. Apple has licensed Microsoft's ActiveSync so that it can connect with the MS exchange.

-Parental controls will be coming in the next releases.

- Native Application Access possible.

- One of the VCs Kleiner Perkins has announced dedicated 100M fund for iPhone apps.