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Apple rumored to be buying older TV shows and films to bolster TV Plus

Apple TV Plus could be about to get a lot more content.  According to a new report from Bloomberg, the iPhone-maker has “taken pitches from Hollywood studios about licensing older content” and has already bought the rights to some older TV shows and films to add to its young streaming service.  The report does not mention which studios Apple has …

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Walmart will discontinue Jet.com, nearly four years after $3B purchase

Walmart on Tuesday said it’s shutting down Jet.com, an e-commerce site that’s seen weakening online traffic for years. The announcement was part of the world’s biggest retailer’s latest quarterly earnings report, in which it said its online sales surged 74% during the coronavirus pandemic. Walmart said it’s discontinuing Jet “due to continued strength of the Walmart.com brand” and said Jet had …

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