Apple Music's growth may be stymied by the lack of a free tier as a funnel; Midia: on a weekly level, 43% of consumers used Spotify and 16% turned to Apple
The service's lack of a free tier might be dimming its prospects with music consumers, particularly in emerging markets — Welcome back to Soundbite.
Source: Anthropic is nearing $5B in annualized revenue, up from $4B reported on July 1, as it nears a deal to raise up to $5B led by Iconiq at a $170B valuation
This year's torrid deal-making pace is definitely not taking a pause for summer. On Wednesday, I reported that OpenAI …
Microsoft, Alphabet, Amazon, and Meta boosted capex by 50% to a total of $106B in H1 2024, as they build AI infrastructure and pledge more investment hikes
Technology stocks have been volatile as Microsoft, Meta, Amazon and Google report huge increases in their investments in artificial intelligence
Microsoft says its investment in Mistral AI amounts to €15M; EU regulators plan to analyze the investment, which could eventually lead to a formal investigation
- Partnership amounts to €15 million investment, Microsoft says — EU analysis could lead to future formal investigation
Microsoft takes a minor stake in Mistral AI and plans to help bring the French startup's AI models to market, as regulators probe Microsoft's OpenAI alliance
Extremely excited to see Mistral AI and Microsoft expanding the strategic partnership with focus on three areas: … Florian Follonier, PhD : Excited to share news of a new partnersh...
Court documents: Satya Nadella said Azure's cloud server business had $34B in revenue in the year to June 2022; AWS generated $72B in revenue in the same period
For years Microsoft has kept a lid on details about the true size of its Azure cloud server rental business …
EU regulators approve Microsoft's $69B Activision Blizzard acquisition after Microsoft made concessions to keep rivals' access to Call of Duty and other games
but the saga is ‘unlikely to end soon’ Sofia Wyciślik-Wilson / BetaNews : EU approves Microsoft's multi-billion-dollar Activision Blizzard acquisition despite UK and US opposition ...
Apple launches its Apple Card Savings account, announced in October 2022, letting users deposit Daily Cash rewards into a 4.15% high yield account with no fees
Months after its first announcement, Apple Savings is now available to Apple Card users, with users able to route Daily Cash rewards …
Source: Microsoft shut its Industrial Metaverse Core team, formed in October 2022 to build tools for industrial settings, and laid off the team's ~100 employees
In a surprising reversal, Microsoft has killed a team it formed four months ago to help customers use the metaverse in industrial settings …
The Pentagon has canceled the $10B JEDI cloud contract that was awarded to Microsoft but faced legal challenges from Amazon, announced new multivendor contract
Apple will launch an Android app to detect AirTags that may be in use to track a person and reduces the interval before AirTags sound an alert in such cases
and will offer an Android app later this year cc: @evacide https://www.cnet.com/... @pradeepviswav : @Techmeme @iansherr There should be a single app that can detect and alert user...
Apple updates Clips with a new UI, horizontal support, HDR recording on the iPhone 12, and more
Apple updates iPad Air with 10.9" edge-to-edge display, iPad Pro-like design, Touch ID in power button, USB-C, and A14 chip, shipping next month from $599
Apple updates entry-level 10.2-inch iPad with A12 chip, bringing “Neural Engine” capabilities, similar design to last model, for the same price of $329
Apple today announced the 8th-generation iPad, featuring an A12 chip compared to the previous-generation's A10 processor.
Sources: Apple told some landlords of UK stores it wants rent reduction of up to 50% and a rent-free period, offering to extend leases by a few years in return
Apple is pushing for huge rent reductions across its UK stores despite its sales soaring to new heights during the lockdown.
US DOD inspector general finds the Pentagon's controversial decision to award $10B JEDI contract to Microsoft was “consistent” with acquisition standards
- Inquiry didn't find evidence that Trump swayed the decision — Inspector general added that White House limited cooperation