Tech Brew Ride Home Tue. 09/22 – Quibi Is “Exploring Options”
Sep 22, 2020
Quibi is weighing its options amid subscription woes and legal challenges. The CIA is ramping up efforts to attract tech talent by promising better profits and innovation. A peculiar Apple Watch return policy raises eyebrows as fitting issues complicate user experience. Microsoft makes waves with a $7.5 billion acquisition of Bethesda to boost Xbox exclusives. Meanwhile, a $50 smartphone aims to shake up the Indian telecom market, setting the stage for new competition.
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Quibi's Struggles
- Quibi is exploring strategic options, including a sale, due to struggling subscriber numbers and a patent lawsuit.
- The lawsuit, ironically, targets Quibi's innovative "turnstile" video-shifting technology.
Google Antitrust Suit
- The Department of Justice is preparing an antitrust lawsuit against Google, potentially to be filed next week.
- Some Democratic attorneys general may delay their involvement until after the 2020 election.
Apple Watch Return Policy
- Apple Watch owners with ill-fitting wristbands might need to return the entire device for a replacement.
- Limited band supplies mean replacements can take until late November, causing customer complaints.