During the Google Nexus and Chromecast Event (no things left for imagination after that title), which Google held in company headquarters in Mountain View, California, the search engine giant expanded its family of hardware products. There are two new mobile phones (Nexus 5X and 6P), Pixel C tablet that challenges iPad Pro and Surface 3 Pro, and not one, but two new casting devices. Chromecast TV sold in over 20 million units, which is quite impressive consider Apple sold 25 million units, and had a headstart of couple of years. and an interesting competitor to Rocki, the new $35 Chromecast takes on a more rounded shape, available in black,
Sony locks down exclusivity rights to Spotify to fuel its music-streaming service, revealing a new facet to timed exclusivity: software apps.
Spotify has grown to be a billion dollar earner, with premium subscriptions making the bulk of the business. But don’t count out free users just yet.
Normally, when a company violates something such as Net Neutrality it generally is in the company’s best interest and they are looking for ways to make things more profitable and less valuable to consumers. A perfect example of that is with what Comcast is doing to Netflix (and others) in terms of requiring them to pay for prioritization in violation of Net Neutrality. This ultimately hurts Netflix and Netflix users that might be on Comcast, resulting in everyone but Comcast losing. Now, T-Mobile as part of their Uncarrier 5.0 and Uncarrier 6.0 initiatives made an announcement that they would be allowing users to stream music for
As had been previously rumored, Apple was expected to buy Beats to the tune of $3.2 billion, and after all of the due diligence had been completed the end result was that Apple would be buying Beats for $3.0 billion. The deal is being broken up into $2.6 billion in cash and $400 million in stock, which may end up valuing the deal even more if those who get stock decide to hold on to it and Apple’s [AAPL] shares continue to rise. According to Apple’s own CEO Tim Cook, “It’s all about the music.” Ultimately, Apple is buying a competing service to iTunes Radio
Spotify has stated publicly that they had an internal data breach that resulted in some unauthorized access of their systems and internal company data and that only one user was affected. According to Spotify, this issue only affects Android users and as a result, they are asking Android users to update their Spotify Android clients whenever prompted by the Google Play Store. Spotify has made it clear that no users’ data was compromised outside of the single individual and that no login or bank account data was compromised during the breach of Spotify’s systems. However, they did make it clear that they highly recommend that all