The Department of Justice sued Apple on Thursday, saying its iPhone ecosystem is a monopoly that drove its “astronomical valuation” at the expense of consumers, developers and rival phone makers. The lawsuit claims that Apple’s anti-competitive practices extend beyond the iPhone and Apple Watch businesses, citing Apple’s advertising, browser, FaceTime and news offerings. “Each step … Read more
Beyonce leaves the Luar fashion show at 154 Scott in Brooklyn during New York Fashion Week on February 13, 2024 in New York City. James Devaney | GC Images | Getty Images Country music, meet Cowboy Carter. Superstar singer-songwriter Beyoncé Knowles is foraying into country music — taking on a genre that has excluded women … Read more
Neil Young attends a press conference for Farm Aid 34 at Alpine Valley Music Theatre on September 21, 2019 in East Troy, Wisconsin. Gary Miller | Getty Images Entertainment | Getty Images Neil Young on Wednesday said his music will return to Spotify, just over two years after he and other artists removed their catalogues … Read more
Customers at the Apple Music section of the new Apple Inc. store in Mumbai, India, on Tuesday, April 18, 2023. Dhiraj Singh | Bloomberg | Getty Images The European Commission, the European Union’s executive arm, on Monday hit Apple with a 1.8 billion euro ($1.95 billion) antitrust fine for abusing its dominant position on the … Read more
It’s night. I’m at a lake near Oregon’s Mount Hood, sitting on the beach. Jazz music is playing as I write. I’m not in the real world. Well, I sort of am. I’m wearing Apple’s new Vision Pro headset, which looks like a fancy pair of glowing ski goggles. Apple’s long-awaited headset, which starts at … Read more
It comes after Spotify reported a 65 million euros ($70.7 million) profit in the third quarter, citing lower spend on marketing and personnel. Spotify raised prices of its subscription plans earlier this year and has been expanding into podcasts and audio books. The latest round of redundancies follows successive cuts at the firm, which like … Read more
Israeli soldiers on a tank are seen near the Israel-Gaza border. Ilia Yefimovich | Picture Alliance | Getty Images On Saturday, Dvir Ben-Aroya woke up expecting to go on his regular morning run. Instead, he was met with blaring alarms and missiles flying over Tel Aviv. Ben-Aroya, co-founder of Spike, a workplace collaboration platform with … Read more
Amp, a live audio app that lets users DJ their own show, is seen on a smartphone. Amazon Amazon is shutting down its live audio service, called Amp, the company confirmed to CNBC. Amp allows users to host their own live show, where callers can join and request to speak. It launched in March 2022 … Read more
Spotify CEO Daniel Ek joins author and comedian Trevor Noah to discuss the future of storytelling at Spotify Beach in Cannes, France, on June 20, 2023. David M. Benett | Getty Images Entertainment | Getty Images Spotify on Monday announced a new artificial intelligence-powered feature that can translate podcasts into different languages using the host’s … Read more
Budrul Chukrut | LightRocket | Getty Pictures Shares of Spotify fell 6% in premarket buying and selling Tuesday after the corporate launched second-quarter outcomes that missed analysts’ estimates for income and provided weaker-than-expected steering. This is how the corporate did: Loss per share: Lack of 1.55 euros, not corresponding to estimatesRevenue: 3.18 billion euros vs. 3.21 billion … Read more