Alphabet and Goldman Want Their Money Back
Alphabet and Goldman Sachs are suing Outcome Health for breach of contract and alleged fraud. Outcome Health, an adtech startup, supposedly provided false facts and financial reports before Alphabet and Goldman invested hundreds of millions of dollars in the startup. Now the two investors want their money back. But even if they win the case, it may be harder than expected for Alphabet and Goldman to retrieve what’s due. Outcome Health reportedly owes somewhere in the ballpark of $300 million to creditors, so we’ll see if the investors receive justice. (Source: TechCrunch)
Apple Branches Out
Renown actresses, Jennifer Aniston and Reese Witherspoon, head up a new drama series created by not Netflix, not Hulu, but Apple. While Apple may be slightly new to the broadcasting game (they released their first original content just three months ago), the company secured the two celebrities as both executive producers and stars of the untitled show. No matter the result, this deal signifies Apple’s commitment to investing in its television venture on top of all its other branches. (Source: Wall Street Journal)
A[?] Can’t Believe It!
Speaking of Apple… the tech company finally called the exterminator and fixed the bug in its latest iOS update. The text glitch wrecked havoc on GroupMe messages everywhere. iOS 11.1.1 will fix the glitch in iOS 11.1 that autocorrected “I” to A[?] and disabled Siri. Hey Siri, can you understand what A[?] am saying now? (Source: The Verge)