business

Spotify reveals it has 20m+ Premium subscribers

Spotify reveals it has 20m+ Premium subscribers

Spotify faces some big competition from newly unveiled Apple Music, but for now things are looking up: the service has revealed its latest subscriber numbers, and they show good things for the company. Millions of new subscribers are on board with Spotify, and that includes a substantial number of users subscribing to Spotify Premium, the ad-free for-pay service that gets rid of ads and certain other limitations like being restricted to shuffle play. The numbers come shortly after Spotify's successful funding round.

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Spotify raises $526 million in funding to continue battling Apple

Spotify raises $526 million in funding to continue battling Apple

In the aftermath of Apple revealing its own new music streaming service, news has leaked that Spotify has just closed a funding round with $526 million in cash. This puts the Swedish company at a valuation of $8.53, reported the Wall Street Journal, and means they have doubled their total funding to over $1 billion since launching in 2006. The new funding is said to allow Spotify to invest in new expansions and offering new forms of content, as they face a growing rival in the new Apple Music.

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Antitrust probe targets Apple Music and music labels

Antitrust probe targets Apple Music and music labels

An antitrust probe is underway from the attorneys general of Connecticut and New York that is looking into whether Apple’s negotiations for its Apple Music service with music labels included any violations. Apple recently introduced the service at its WWDC 2015 keynote, and according to sources the company was still in negotiations with the music labels down to the wire. The investigation is looking into whether there was any pressure from Apple toward the music labels, or if those labels conspired with each other and/or Apple to back out of supporting other competing services — particularly freemium ones like Spotify.

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Facebook Bluetooth beacons released free for small businesses

Facebook Bluetooth beacons released free for small businesses

Facebook for Business has revealed their next play in the small (and potentially large) business world - free bluetooth beacons. Facebook Bluetooth beacons send information to smartphones and tablets that come in range with them. Inside Facebook, users will see "place tips," including greetings and links to pages for locations they're exploring. At launch, Facebook Bluetooth beacons work only with iPhones - Android will just have to wait until the Facebook for Android app is ready to roll. Users will need an iPhone 4S or later with Bluetooth turned on to work with Facebook's bluetooth beacons.

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Comcast tipped in agreement to acquire Visible World

Comcast tipped in agreement to acquire Visible World

A source has cropped up claiming that Comcast has entered into an agreement to acquire Visible World, a television advertisement targeting firm — something that, if the deal becomes official, will boost Comcast’s advertising efforts. Visible World is based out of New York and is a firm that opens up avenues for marketers to hawk products to more relevant audiences based on data acquired from their set-top boxes and more. Such could usher in more targeted advertisements on Comcast's cable service.

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Facebook challenges Designbook’s trademark

Facebook challenges Designbook’s trademark

A Vermont startup has accused Facebook of bullying it over a trademark squabble — the startup is called “Designbook”, and so you can see where Facebook’s issue comes into play. Designbook’s founders Kyle Clark and Aaron Pollak filed the trademark applications back in September. This past March they said they were informed that Facebook planned to challenge the trademark, claiming the similarities in the name could cause “confusion in the industry”. The use of "book", it was claimed, could confuse consumers about whether the two companies are related.

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HTC to launch “hero product” in October to offset One M9

HTC to launch “hero product” in October to offset One M9

HTC just recently changed CEOs, surprisingly right after it announced what should have been its 2015 flagship. And one of the first big acts of new chief exec Cher Wang was to bow at a shareholders' meeting in order to apologize for the company's rather dismal performance. She admits that HTC has let people down, particularly its investors, but that shouldn't be the end of the story. Among the changes that must be made, which includes marketing and product strategies, HTC will be launching a new "hero product" in October to balance the failure of the One M9.

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Apple tipped in last minute music talks ahead of WWDC 2015

Apple tipped in last minute music talks ahead of WWDC 2015

Apple’s WWDC 2015 is only days away, and word has it the company is working fast to get deals in place with record labels. This, it is said, is due to the expected new music service Apple will be announcing during the event, which is said to be subscription-based and will be priced at (unofficially speaking) about $10 per month. Sources have cropped up to speak about this, pointing toward stubborn record labels and an effort to get higher-than-typical pieces of the revenues.

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Sony details ambitious plan to go green

Sony details ambitious plan to go green

Sony has detailed a plan to go green over the coming years, with the various efforts being broken down into smaller more manageable blocks. Kicking it all off will be the company’s new “Green Management 2020” targets, of which the effort will start in Sony’s fiscal 2016 and run through 2020. If all goes as planned, the company will be slashing its annual energy consumption by a stated average of 30-percent in certain parts of the company, as well as reducing its overall environmental footprint.

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SoundCloud strikes massive royalty deal with record labels

SoundCloud strikes massive royalty deal with record labels

SoundCloud is home to a massive library of audio content, some of it from casual users, others from independent artists, podcasters, and more. There has been pressure on the service for a long while now to get squared away with official licensing deals and, under them, to pay out royalties where royalties are due. Today the service announced a big step toward that, with it having struck a large deal that covers about 20,000 indie record labels with the organization Merlin.

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