Apple Stock News: Efforts To End Free Streaming
Apple has been using aggressive tactics to force rivals Spotify and YouTube to abandon their free streaming services, which has attracted interest from the Department of Justice, according to the Verge. Apple is attempting to get major music labels to force streaming services to force these streaming services to abandon their free tiers, as Apple prepares to release their own streaming service. An announcement of this service, which will be powered through the Beats by Dre acquisition and will remain under the iTunes name, could be announced as early as next month.