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Spotify raises $115 million in share sale

STOCKHOLM (Reuters) – Swedish telecom operator TeliaSonera is buying into music streamer Spotify for a slice of the fast growth and speedy innovation typical of online companies, just as competition heats up further in Spotify’s industry. Source
Posted On 10 Jun 2015

Apple Music faces antitrust scrutiny in NY, Connecticut

(Reuters) – The attorneys general of New York and Connecticut are investigating Apple Inc’s negotiations with music companies to look for signs of potential antitrust violations. Source
Posted On 10 Jun 2015

Apple drives vehicles to collect data to improve Maps

(Reuters) – Apple Inc said it was driving vehicles around the world to collect data that will be used to improve Apple Maps. Source
Posted On 10 Jun 2015

Exclusive: Facebook earns 51 percent of ad revenue overseas

NEW YORK (Reuters) – Overseas markets bring in more advertising revenue than the United States for Facebook Inc, amounting to 51 percent of global ad sales in the first quarter, with growth in Asia the fastest in the world at 57 percent, company executives told Reuters. Source
Posted On 10 Jun 2015

Apple muscles into streaming music market

SAN FRANCISCO (Reuters) – Apple launched Apple Music on Monday, a $9.99-a-month streaming music service that may not differ dramatically from competitors but comes with Apple’s deep music roots, global brand and hundreds of millions of iTunes customers. Source
Posted On 09 Jun 2015

Apple to offer Apple Pay in UK in July, backed by banks, retailers

BERLIN (Reuters) – Apple Inc plans to introduce its mobile payments service to the UK next month, supported by major banks and high-street retailers and the operator of the London Underground, the technology company said on Monday. Source
Posted On 09 Jun 2015

Exclusive: Chipmaker Atmel exploring sale – sources

(Reuters) – Atmel Corp , a maker of small processors called microcontrollers that are used in a variety of electronics, is exploring strategic alternatives, including a possible sale, three people familiar with the matter said on Monday. Source
Posted On 09 Jun 2015

Connected cows, cars and crockery prod chip mega mergers

SINGAPORE/TAIPEI (Reuters) – Chip companies are merging, signing $66 billion worth of deals this year alone in preparation for an explosion of demand from all walks of life as the next technological revolution takes hold: the Internet of Things. Source
Posted On 09 Jun 2015

Obama vows to boost U.S. cyber defenses amid signs of China hacking

KRUEN, Germany/WASHINGTON (Reuters) – President Barack Obama vowed on Monday that the United States would aggressively bolster its cyber defenses, as U.S. officials said the probe into a massive breach of federal government networks has yielded growing signs of a direct...
Posted On 09 Jun 2015

Apple announces ‘native’ apps for Watch

SAN FRANCISCO (Reuters) – Apple Chief Executive Officer Tim Cook announced Monday an update to the operating system for its Watch that should make apps for its latest gadget speedier and help untether it from the iPhone. Source
Posted On 08 Jun 2015