Money

Apple urges U.K. court to block defective battery lawsuit

Published

1 year ago

May 3, 2023

ticker NEWS

The tech giant has been accused of hiding defective batteries in millions of iPhones, by throttling them with software updates

Apple has urged a London court to block a $2 billion lawsuit.

The tech giant has been accused of hiding defective batteries in millions of iPhones, by throttling them with software updates.

Apple is calling the charges ‘baseless’, and strongly denies the claims.

It argues a power management update in 2017 was meant to help older batteries, and had little impact on performance.

The company has also previously apologised to customers, and offered replacements where appropriate.

Money

Warner Brothers & Discovery considers splitting up to boost stock value

Published

1 week ago

July 19, 2024

ticker NEWS

Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

Money

Investors worldwide grow increasingly optimistic about Trump winning the election

Published

1 week ago

July 18, 2024

ticker NEWS

Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

Money

Netflix expands use of ads despite slow subscriber growth

Published

1 week ago

July 18, 2024

ticker NEWS

Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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The tech giant has been accused of hiding defective batteries in millions of iPhones, by throttling them with software updates

Money

Warner Brothers & Discovery considers splitting up to boost stock value

Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

Money

Investors worldwide grow increasingly optimistic about Trump winning the election

Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Money

Netflix expands use of ads despite slow subscriber growth

Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

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