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.
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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.
Apple is planning to unveil video and news subscription offerings next month, the first major new digital services from the company since 2015.
MultiChoice won’t hike the price of DStv Premium in 2019, reflecting the pressure the pay-television broadcaster is under at the top end of the market.
Apple investors are likely looking for the company to use its massive cash pile to make acquisitions, and names like Netflix, Activision Blizzard and Sonos are among those JPMorgan sees as strong strategic fits.
Streaming services pose a significant threat to MultiChoice’s future growth potential, but they are by no means the only risks exercising the minds of the pay-television operator’s management team.
Nothing Netflix tells investors helps them confidently predict that this grow-now-and-pay-later strategy will pay off. You either believe it, or you don’t.
Netflix’s Bird Box, You and other new programmes helped attract millions more subscribers to the streaming service last quarter. But slower sales growth disappointed investors riding high on a 50% stock gain in recent weeks.