Apple is widely expected to introduce an original video programming service at an event next week, but so far analysts aren’t convinced that the initiative will provide a major boost to earnings.
Facebook is under criminal investigation in the US over the alleged sharing of user data with some of the world’s biggest technology firms, a report has claimed.
Apple, after teasing investors for months about its ambitions to become a services company, is getting ready to showcase plans for new video and news products. All it needs now is for Hollywood to sign up.
Apple has announced an event on 25 March where the iPhone maker is expected to introduce an original video programming service and a new premium magazine subscription plan.
Media giants are realising what Netflix already knows: streaming is expensive.