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EMAILS REVEALED: Apple employees were considering special treatment to Netflix

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Employees at Apple were considering giving Netflix special treatment …

Apparently, to convince the streaming service to keep in-app purchases.

This is according to leaked internal emails during the Epic Games VS Apple lawsuit.

A presentation circulated within Apple to advertise Netflix in its stores and even bundle the streaming service with current apple offerings.

Emails between Microsoft and apple were also revealed today… that show how the xbox maker was trying to get xCloud on iOS.

Microsoft was trying to figure out how Shadow, Netflix, and other similar “interactive” apps were able to exist in the App Store.

Apple takes Epic Games to court over App Store spat

 Video game developer EPIC games will have a chance to plead their case as Apple is taken to court over alleged antitrust practices within the App store.

The outcome of this case is set to shake up the App store as we know it if Epic games were to win. With over six million downloads there’s no doubt that the Fortnite IP is a valuable one that would add to Apple’s online offering at the right price. 

READ MORE ON THE LAWSUIT HERE

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Money

Gen Z’s financial boom living with parents comes with baggage

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In an era marked by sky-high housing costs, many members of Generation Z are refusing to leave home.

While this arrangement offers financial relief in the form of reduced rent, the hidden costs, both emotional and financial, are beginning to surface.

Business Insider, in an analysis of recent surveys and personal accounts, reveals that Gen Z, defined as those born after 1996 by the Pew Research Center, faces less societal stigma for living at home than previous generations, particularly millennials.

However, this lack of criticism comes with its own set of challenges that can impact young adults in profound ways.

Financial benefits

While the prospect of saving money by living with family may seem appealing, the reality is often more complicated.

Beyond the social limitations, research indicates that living at home may have adverse effects on mental health.

Studies have shown a correlation between returning to the parental home and increased depressive symptoms, as well as heightened familial tensions.

These emotional tolls can outweigh the financial benefits, casting doubt on the long-term sustainability of the arrangement.

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Money

How will Disney’s AI strategy boost shares?

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Activist investor Blackwells has called upon Disney to implement a robust artificial intelligence strategy aimed at bolstering the company’s shares.

“Disney must produce an artificial intelligence strategy, and share elements of that strategy with its shareholders.”, said Blackwells in a recent presentation.

New groove

Blackwells, known for pushing corporations to adopt innovative approaches, contends that a well-crafted AI strategy could drive shareholder value and position Disney for sustained success in the entertainment landscape.

The activist investor emphasises that harnessing the power of AI could optimise content creation, enhance customer experiences, and streamline operational efficiency within Disney.

Disney’s response

The company opposed the suggestion to replace board members with activists’ nominees, emphasising the potential disruption to ongoing progress.

Additionally, Disney disagreed with Blackwells’ proposal to spin off land and hotels into a real estate investment trust, arguing it reflected a misunderstanding of the synergies within its businesses.

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Money

Boeing woes will lead to higher airfares: Ryanair

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Ryanair, one of Europe’s leading low-cost airlines, is grappling with the possibility of scaling back its summer flight schedule due to ongoing delays in the delivery of Boeing aircraft.

The airline had initially anticipated a boost in its fleet with the arrival of new Boeing planes, enabling an expansion of routes and increased passenger capacity.

However, prolonged delays in the manufacturing and delivery process have cast a shadow over these plans.

Growing pains

The airline industry, already navigating challenges posed by the global pandemic, now confronts the additional hurdle of supply chain disruptions impacting major aircraft manufacturers.

Ryanair’s dependence on Boeing for its fleet expansion has made it particularly vulnerable to these delays.

As the summer travel season approaches, the airline faces the tough decision of either operating with a reduced fleet or adjusting its schedule, potentially impacting travel plans for passengers.

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