Netflix Sued for Alleged Secret Deal with Meta to Cede Streaming Market. Meta, formerly known as Facebook, faced significant challenges in its advertising sector, particularly with a slowdown in ad pricing growth due to a lack of sufficient data for its advertising algorithms. To address this issue, Meta launched its own streaming platform, Facebook Watch, […]
Federal Court Grants Preliminary Approval for $375 Million UFC . A federal court in Nevada has granted preliminary approval for a substantial $375 million settlement involving a certified group of elite mixed martial arts (MMA) fighters and Zuffa, LLC, the parent company of the Ultimate Fighting Championship (UFC). If finalized, this settlement will address the […]
Amazon Seeks Dismissal of Class Action Lawsuit Over Prime Video Advertising Tier Amazon is currently seeking to dismiss a class action lawsuit that alleges the company misled Prime subscribers by introducing an additional fee for ad-free streaming of movies and TV shows. The technology giant argues that its terms of service allow it to “add […]
Microsoft Agrees $69 Billion Activision Blizzard Deal Lawsuit Settlement. Microsoft Corp. has reached a settlement in a lawsuit filed by a group of gamers who sought to block the company's acquisition of video game publisher Activision Blizzard for $69 billion last year. Microsoft Corp. has reached a settlement in a lawsuit filed by a group […]
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