Music streaming showdown looms
Stockholm
THIS week's all-star launch of US rapper Jay Z's music streaming service may not have caused Spotify's management to lose sleep - but analysts predict tough days ahead as tech giant Apple prepares to enter the fray.
The glitzy rebrand of the Tidal service which Jay Z bought from another Swedish firm Aspiro for US$56 million was billed as a new departure in streaming: higher-quality audio and owned by artists for artists, not record labels and tech companies.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Technology
Brokers’ take: DBS cuts Venture Corp price target after Q1 earnings miss
Garmin’s Q1 results beat on strong demand for fitness, auto products
Foxconn’s musical chairs sound like punk rock
US sets up board to advise on safe, secure use of AI
Regulate AI? How US, EU and China are going about It
Meta’s results are best viewed through rose-tinted AI glasses