US Questions Apple After Cupertino Giant Abruptly Pulls The Plug On Jon Stewart Show Following China Content
Portfolio Pulse from Benzinga Neuro
Apple Inc. (NASDAQ:AAPL) is under scrutiny by U.S. lawmakers after the cancellation of Jon Stewart's show on Apple TV+ due to creative differences, allegedly related to content about China. The House Select Committee on Competition with the Chinese Communist Party has requested a meeting with Apple representatives by December 15, 2023, to discuss concerns over potential Chinese interference in Apple's content decisions. The issue arises amid broader worries about Chinese censorship impacting the media industry.
November 16, 2023 | 5:43 am
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Apple Inc. faces potential reputational damage and regulatory scrutiny after the cancellation of Jon Stewart's show on Apple TV+, which may have been influenced by content related to China.
The news of lawmakers' scrutiny could lead to negative sentiment among investors, fearing regulatory repercussions and damage to Apple's public image. This could potentially affect AAPL's stock price negatively in the short term as the market reacts to the uncertainty and potential challenges in one of its services.
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