Apple has been hit with a new patent infringement suit accusing it of infringing three patents related to microprocessors. Also, the attorney general of Massachusetts has said that her office will look into complaints about fraudulent purchases on Apple's iTunes Store.
Netflix CEO Reed Hastings sent a letter to subscribers on Monday, admitting he "messed up" and announcing that it would spin off its DVD and Blu-ray-based mailing business as a new service dubbed "Qwikster."
Apple has removed the ability to rent TV shows from both iTunes and its Apple TV, taking away what was just last year one of the major advertised selling points of the $99 streaming-centric set-top box.
Apple and Starbucks have partnered to include giveaways of paid iPhone applications in the "Pick of the Week" promotional program, which previously offered iTunes music tracks to in-store customers of the coffee chain.
Apple is not prepared to launch its in-the-works cloud-based movie streaming and re-downloading service, as licensing agreements with a number of major Hollywood studios have reportedly not yet been secured.
Apple will soon fully launch its long in-the-works "iTunes Replay" service that will allow users to re-download and potentially stream purchased content, including Hollywood movies, a new rumor claims.
Apple's ubiquitous iTunes Store and its associated services are forecast to generate a staggering $13 billion in revenues during the company's fiscal 2013, growing at an expected rate of nearly 40% over the next three years as publishers trend towards its iBook format.
Popular music streaming service Spotify has officially announced it is coming to the U.S. "soon," but no date has been given for when the service will launch and compete with Apple's iTunes Music Store.
Apple's new iTunes Match service will scan a user's library of songs, including those ripped from their own CDs, and match the songs up with the library of 18 million songs available through iTunes for $24.99 per year.