Consumer watchdog of Australia seeks to enter Apple & Epic showdown

Published

3 years ago

May 13, 2021

The Australian-based battle over app store market power has a new player with Apple and the makers of Fortnite to be joined in court by the competition watchdog.

Google may also enter the fray before a Federal Court appeal over a decision that could result in a U.S court determining if app stores run by tech Giants breach Australian competition law.

Epic Games, the makers of Fortnite, have filed separate cases against Apple and Google…

They’ve accused the trillion-dollar companies of using their control of the iOS and Android markets to breach laws forbidding the misuse of market power.

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.