Core Viewpoint - Sichuan Chuan University Zhisheng Software Co., Ltd. announced that its subsidiary Chengdu Zhisheng Guanghuan Technology Co., Ltd. has had its bank account funds frozen due to a lawsuit from Henan Wanjuda Technology Development Co., Ltd. over a sales contract dispute [1][2]. Group 1: Basic Situation of Frozen Funds - The total amount of funds frozen in the bank account of Zhisheng Guanghuan Company is 3.5562 million RMB, which accounts for 2.62% of the company's most recent audited monetary funds and 0.31% of the company's most recent audited net assets [2]. Group 2: Reasons for Frozen Funds - The freezing of funds occurred after Zhisheng Guanghuan Company failed to deliver goods to Henan Wanjuda as per a sales contract worth 17.6 million RMB, due to its supplier, Zhongke Kaijie Information System Co., Ltd., not fulfilling its delivery obligations [1][2]. Group 3: Impact on the Company - The frozen funds are not expected to have a significant impact on the overall cash flow or daily operations of the listed company, and the situation does not trigger any specific regulations under the Shenzhen Stock Exchange listing rules [2]. Group 4: Measures to be Taken - The company plans to actively pursue legal procedures to protect its and its shareholders' rights and aims to resolve the issue of the frozen bank account funds as soon as possible [3].

Core Viewpoint - Disney has requested YouTube TV to restore access to ABC for its subscribers on Election Day after a blackout occurred due to a contract dispute over pricing [1][2][3]. Group 1: Contract Dispute - Disney-owned channels went dark on YouTube TV as the contract expired, affecting 10 million subscribers who lost access to channels like ABC, ESPN, and FX [1][4]. - Disney accused YouTube of refusing to pay fair rates for its channels, while YouTube claimed Disney's terms would increase prices for customers [2][3]. - The blackout duration is uncertain, but YouTube TV has offered a $20 credit to customers if the channels remain unavailable for an extended period [3]. Group 2: Impacted Channels and Programming - Channels affected by the blackout include ESPN, ABC, Disney Channel, FX, Freeform, National Geographic, and various Spanish-language channels [4]. - Major sporting events and popular television programs, such as college football games and shows like "Jimmy Kimmel Live!" and "Dancing with the Stars," may be impacted by the blackout [5]. Group 3: Industry Context - Disney is not alone in facing contract disputes with YouTube TV; other companies like NBCUniversal and Paramount have also had similar issues recently, often resolved before a blackout occurred [6][7].

Core Points - A French court has ordered Apple to pay approximately 39 million euros ($45 million) to mobile network operators due to unfair contract conditions related to iPhone sales [3][4] - The ruling also includes an additional fine of 8 million euros against Apple [3] - Apple plans to appeal the court's decision, which pertains to contracts established over a decade ago with major French mobile network operators [4] Contractual Issues - The court identified problematic clauses that mandated operators to sell a specific number of iPhones and set fixed retail prices [3][4] - Apple was found to have overseen the use of its products and trademarks in advertising by the operators without proper compensation for the use of their patents [5] - The court has voided the contested clauses, and Apple is required to transfer the awarded sums to three of France's four main mobile network operators: Bouygues Telecom, Free, and SFR [5]

The 20-month feud between the Western Hemisphere’s two most powerful oil companies over the biggest offshore discovery in a generation hinged on a single clause of a contract few people have ever seen https://t.co/3AnecOkNhJ ...