business

Tidal fires CEO amid fears of competition from incoming Apple Music

Tidal fires CEO amid fears of competition from incoming Apple Music

Tidal has just let go of its CEO, Peter Tonstad. As Tonstad was only the interim CEO, it's natural that his time with Tidal would come to an end. But, Tidal doesn't have anyone stepping in to take over as CEO, indicating the change is abrupt. Tonstad had only been with Tidal since April when he replaced the previous CEO, Andy Chen. This juggling act of power positions comes as Tidal gets a new competitor on the streaming scene, Apple Music.

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Verizon’s $4.4B acquisition of AOL is officially complete

Verizon’s $4.4B acquisition of AOL is officially complete

U.S. telecom Verizon has announced that its buyout of AOL for $4.4 billion in cash has now been completed. As a result of the completed deal, AOL shares will no longer be traded on the stock market, as the company is now Verizon's wholly owned subsidiary. All of AOL's outstanding shares were purchased by Verizon at a price of $50 each. As was mentioned when the purchase was first announced last month, AOL's main value to Verizon is as a large ad network.

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Uber on firearms: don’t bring a gun in the car

Uber on firearms: don’t bring a gun in the car

One of the more vocal concerns about Uber is whether the rides are safe, and incidents like the alleged hammer attack don't do anything to alleviate that paranoia. Uber has officially stated its policy on firearms in Uber vehicles, and the answer is short and clear: don't bring them with you, regardless of whether you are a driver or a passenger. This is a new policy, one that reverse a past policy in light of growing concerns about firearms and incidents related to them.

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Lean Chair is a laid back standing desk

Lean Chair is a laid back standing desk

You don’t have to talk hard online to find a bunch of stories about how sitting at your desk all day will kill you. This has led to multiple standing desk options being available that allow you to stand up to work. The problem with standing up to work for some people is that having all of their body weight on the knees and feet all day can cause pain, this is where the LeanChair comes in.

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Lyft to pay settlement in New York over legal issues

Lyft to pay settlement in New York over legal issues

Among ridesharing services, Uber tends to be the loudest and gets the most attention. That does not mean its biggest competitor Lyft has managed to side step similar issues, though, and it has been waging its own battles. In New York, at least, it has not seen victory, and will be paying a $300,000 USD settlement over alleged legal violations. The news surfaced on Thursday, with Lyft agreeing to pay the settlement over an issue stemming from insurance and roll out methods.

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Netflix expands audio descriptions, will include Spanish soon

Netflix expands audio descriptions, will include Spanish soon

Netflix recently introduced a new interface that is its first big shakeup in four years, but that wasn’t the end of its changes. This week Netflix has also announced that as part of its effort to improve accessibility for all users, it has expanded the number of audio descriptions it has on the website. This makes it easier for visually impaired users to find content to watch, and was spurred by the company's release of "Daredevil", which kicked up talk about the need.

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Apple Music’s royalty-free trial period puts indie labels at risk

Apple Music’s royalty-free trial period puts indie labels at risk

Apple Music, the tech giant's new streaming service is set to launch June 30th. In the run up to its release, big name labels have already joined the fray, but Apple has yet to secure any independent record labels. Although Apple is reportedly offering higher than average 71.5% to 73% of the revenue to copyright owners, they have to endure a revenue-free trial period, first.

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Intel invests in wearables, acquiring Google Glass rival Recon

Intel invests in wearables, acquiring Google Glass rival Recon

Recon Instruments is known for rivalling Google Glass with its own AR glasses, Recon Jet. The tech firm also developed heads-up displays and other AR tech marketed as smart sports eyewear. Now, Intel will benefit from Recon's discoveries. Intel has just acquired the Vancouver-based AR company for an alleged $175 million USD. The entirety of Recon's 75-member work force will now be under Intel's New Devices Group, which focuses on wearable tech. Intel could also use its newly acquired technology for integration into Internet of Things-ready devices.

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Uber hits back at California driver employee claims

Uber hits back at California driver employee claims

In the modern world, many companies are side-stepping the expenses of having employees by classifying workers as contractors instead. Often this is done erroneously — if workers are required to do certain things, such as work on a set schedule, they must be classified as employees rather than contractors. Uber and ridesharing services like it are somewhat of a grey area, or at least have been. Drivers on the service recently challenged their contractor status, saying they should be classified as employees instead. Uber challenged their claims but didn't fair too well, and now it has fired back.

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Netflix rolling out its ‘first major update’ in years

Netflix rolling out its ‘first major update’ in years

Netflix announced today that it is rolling out a big update, something it says is its 'first major update' in the past four years. It is making its way to users now, and involves a complete rehash of the user interface that brings with it easier and faster ways to find the content you want. The previous interface (which is still the current one for many users) was white and introduced last summer, and not well liked among users. This latest interface is more akin to what some smart TV and set-top box users have enjoyed.

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