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Spotify and Tencent agree to swap stakes in their music businesses

Spotify and Tencent agree to swap stakes in their music businesses

Tencent’s overseas investment splurge continues after the company confirmed a deal with Spotify that will see the duo make investments in each other’s music businesses.Tencent Music Entertainment (TME), the Chinese firm’s subsidiary that manages its music streaming and karaoke services, will make an undisclosed minority investment in Spotify through new shares, while Spotify will buy a similar undisclosed stake in TME.
Uber lands investment from Singapore’s largest taxi operator in blow to rival Grab

Uber lands investment from Singapore’s largest taxi operator in blow to rival Grab

Uber has struck a major deal in Southeast Asia after ComfortDelGro, Singapore’s largest taxi operator, announced [PDF] it has agreed to buy a majority share of the ride-hailing giant’s Singapore-based car rental business.
Apple issues fix for HomeKit vulnerability impacting smart locks and other devices

Apple issues fix for HomeKit vulnerability impacting smart locks and other devices

Apple says it has issued a fix for an iOS security flaw that left key connected home hardware open to unauthorized third-party access. The bug, which was initially spotted by 9to5Mac, reportedly made it possible for an outside party to access things like smart locks and garage doors.
San Francisco made things much tougher for robotic delivery startups this week

San Francisco made things much tougher for robotic delivery startups this week

San Francisco’s Board of Supervisors made it a lot tougher to test delivery robots this week. In a five to one vote, the committee handed down some strict regulations on on the cargo bots, which have been piloted on city sidewalks over the past several months.
Sources: Apple is acquiring music recognition app Shazam

Sources: Apple is acquiring music recognition app Shazam

As Spotify continues to inch towards a public listing, Apple is making a move of its own to step up its game in music services. Sources tell us that the company is close to acquiring Shazam, the popular app that lets people identify any song, TV show, film or advert in seconds, by listening to an audio clip or (in the case of, say, an ad) a visual fragment, and then takes you to content relevant to that search.
Apple Pay Cash starts rolling out to iPhone users in the US

Apple Pay Cash starts rolling out to iPhone users in the US

Apple Pay Cash is finally starting to roll out to users in the States, bringing the ability to send other iOS users payments directly through iMessage.
Black Friday pushes Jeff Bezos’ net worth to $100 billion

Black Friday pushes Jeff Bezos’ net worth to $100 billion

 Being the richest man in the world wasn’t enough. After Amazon shares climbed on Black Friday, founder and CEO Jeff Bezos saw his net worth rise to $100.3 billion, according to Bloomberg estimates. Amazon’s stock has soared this year and Bezos has benefited to the tune of $32.6 billion. Yes, that’s the amount he has earned in 2017 alone.
Tests give iPhone X display top honors, but camera is merely competitive

Tests give iPhone X display top honors, but camera is merely competitive

Lab tests on the recently released iPhone X put Apple’s new flagship in the highest tiers of quality when it comes to the display and camera, but it’s only in the former category that it truly leaves the competition behind. Of course, what’s the point of having great images if your screen can’t show them properly? Apple doesn’t tend to make their own displays; but while LG, Sharp and, in the iPhone X’s case, Samsung rightfully deserve credit for making them, Apple doesn’t just snatch them off the shelf. A ton of money and time is spent customizing and tweaking them, and phones are individually calibrated before they ship to account for variation in the manufacturing process.
Apple’s bid to become a $1 trillion company starts this week

Apple’s bid to become a $1 trillion company starts this week

While people spend more than $1,000 for the right to eventually get an iPhone X (as well as sell that right to eventually get an iPhone X for more than $1,500), we’re seeing Apple is doing a pretty good job of setting the stage as to whether it can make its case to Wall Street that it can be a $1 trillion company. We’ve noted before that quarterly financial reports from companies are, generally, the moments that consistently swing stock prices for companies. And while Apple is hoarding a ton of cash, its future depends on the success of the iPhone — and, in particular, the iPhone X. While it is rolling out an updated version of the iPhone 7 in the form of the iPhone 8, the iPhone X represents Apple’s interpretation of the true next generation of that slate of glass in your pocket that controls your connection to the rest of the internet.
Google will pay you $1,000 to hack some of Android’s most popular apps

Google will pay you $1,000 to hack some of Android’s most popular apps

Details are light at the moment, but a bit of news out of Google’s Playtime developer event this morning: the company is launching a Google Play bug bounty program that’ll encourage researchers to poke around and look for vulnerabilities in some of Android’s most popular third-party apps.


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