Tech Brew Ride Home Mon. 03/02 - I Don't Think Streaming Platforms Have Coke Habits
Mar 2, 2020
Tensions rise as investors call for Jack Dorsey's exit from Twitter, sparking discussions about leadership changes in tech. Apple faces a hefty settlement over older iPhone issues. Indie game developers voice their concerns about Stadia's uncertain future. AT&T TV emerges as a contender in the streaming world, aiming to disrupt traditional cable. Meanwhile, Spotify shifts gears, proposing that artists pay for song promotions, igniting debates on the evolving landscape of music marketing.
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Twitter CEO Turmoil
- Elliott Management, an activist investor, is pushing for Jack Dorsey's removal as Twitter CEO.
- Their stake in Twitter allows them to nominate directors and influence decisions.
Apple's Slowdown Settlement
- Apple settled a class-action lawsuit for up to $500 million over slowed-down older iPhones.
- The settlement covers specific iPhone models running certain iOS versions.
Stadia's Indie Game Struggle
- Google Stadia faces trouble attracting indie game developers due to low payouts and fear of Google abandoning the project.
- Developers express concern over Google's track record of discontinuing services.