Analysts

Apple Faces DOJ Lawsuit: What Lies Ahead?

Apple India
The U.S. Department of Justice filed a lawsuit against Apple Thursday, accusing the company led by CEO Tim Cook of engaging in anti-competitive business practices. The allegations include claims that Apple prevents competitors from accessing certain iPhone features and that the company’s actions impact the “flow of speech” through its streaming service, Apple TV+. This is not the first time Apple has faced legal action from the DOJ. In 2012, the agency sued Apple for conspiring with publishers to increase ebook prices, a lawsuit that was not settled until 2016. Morgan Stanley analysts said Friday that the current lawsuit could also favor Apple, as many similar allegations have already been ruled on by a judge in the Apple vs Epic case, with the ruling stating that Apple does not violate antitrust laws.

Dominance in the Media Industry: Reliance-Disney Partnership to Claim 85% of Streaming Market and Half of TV Viewership

Gettyimages 1987464097
Cricket match streaming has been the prime driver of new users for streaming platforms in India. By securing numerous cricket rights, Disney and Reliance have left rival services with limited content options to attract fans. “The 2023-27 IPL broadcasting now sit under the JV – Viacom 18 has digital streaming rights (won for US$2.9bn) while Star has TV broadcasting rights for US$2.8bn. Combined with about 8% of the TV market that Viacom18 assumes in India, the merged operations — which will feature some 120 TV channels — will command about 49% of the broadcasting market. In a statement Wednesday, Disney and Reliance said they will reach 750 million users in India with the merged entity.

Trending now

Baby wearables, texts from dogs, and E-Ink cars • TechCrunch
The Future of Babies: Wearables, Text Messages from Furry Friends, and E-Ink Automobiles
Instagram now lets you bookmark posts with friends and store them in a dedicated space
Create and Explore a Saved Space with Instagrams New Bookmarking Feature
Atomos tows a $16M load of funding to create tugboats in space • TechCrunch
Atomos Takes Off With $16M For Tugboats in Space
Gettyimages 942480316
Vestwell secures $125M investment to enhance workplace savings programs for businesses