Streaming Wars: Does Apple Need to Dethrone Netflix to Succeed at Much-Hyped Video Service?

Rumors that an Apple streaming service was in the works have been running rampant for months. While Apple has not confirmed anything, several news outlets reported Wednesday that “sources familiar with the matter” told them about Apple’s efforts being close to coming to fruition. The exact date varies, but it appears the rollout wil happen  some time in the spring. Many had expected the announcement to be made during Apple’s Next Big Thing Event, which is scheduled for March 25, according to MacRumors. Apple to Invite Hollywood Stars to TV Service Launch on March 25 https://t.co/QW95w9EabM by @julipuli pic.twitter.com/iTR0x8esis —

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Watch: Why This Video Could Doom Kik’s SEC Fight

Kik CEO Ted Livingston may have already doomed the chat app’s chances to win its high-profile legal battle with the US Securities and Exchange Commission (SEC) regarding its Kin cryptocurrency, a video uncovered by The Block suggests. Kik’s SEC Gambit As CCN reported, the SEC has sent Kik a “Wells submission,” a prelude to suing the Canadian company for violating securities regulations via its nearly $ 100 million initial coin offering. The letter from the SEC reads, in part: This proposed action would allege violations of Sections 5(a) and 5(c) of the Securities Act. The recommendation may involve a civil injunctive

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