Summary: Spotify announces a price increase for premium plans in various countries, including the UK, US, and Canada. A report predicts a significant rise in major illnesses among the English population by 2040. Apple faces a 785 million pounds lawsuit from UK app developers over alleged excessive charges. Analysis suggests that a recent SpaceX rocket launch may have impacted Earth's ionosphere. TikTok introduces text-only posts and continues its expansion into various tech markets. A study shows that most plant-based milk alternatives lack the nutritional content of cow's milk. Xbox surprises fans with a pizza-scented co...

Earnings Preview: Tesla, Netflix to Report Q2 Earnings After Closing Bell Summary: Netflix implemented a policy to stop password sharing among users, raising questions about its impact on subscriber numbers. Analysts expect Netflix to report earnings per share of $2.84 and total revenues of $8.25 billion, a potential record high for the company. Netflix's share price has surged by over 200% since last year's lows, with a 70% gain in 2023. Investors are eagerly awaiting t...

Summary: Apple faces a $1bn lawsuit in the UK , brought by 1,500 app developers , over its app store fees . The charges of 15% to 30% imposed by Apple are considered excessive and unfair. Apple 's app store holds a dominant position, leading to contentions of monopoly power . The essential role of the app store infrastructure justifies Apple 's higher commission rates. The lawsuit 's outcome remains uncertain, given Apple 's size and lack of viable alternatives. Some argue that Apple 's success justifies the higher fees, citing the popularity and user-friendliness of the app store. ...