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Spotify Confidentially Files For U.S. IPO, Hits 70 Million Subscribers Business

Spotify Confidentially Files For U.S. IPO, Hits 70 Million Subscribers

Kelly Baker January 05, 2018

Music streaming service Spotify, which filed confidentially with U.S. regulators for an initial public offering on Wednesday, has 70 million subscribers, it said in a tweet on Thursday.

The music streaming company has filed confidentially with...

Amazon & Salesforce Moving Away From Oracle Business

Amazon & Salesforce Moving Away From Oracle

Austin Malone January 03, 2018

Amazon.com Inc. and Salesforce.com Inc., two of Oracle Corp.’s biggest customers, are actively working to replace Oracle software running on crucial business systems with lower cost open-source database software.

The two companies have long...

Apple and Amazon In Talks to Enter Saudi Arabia Business

Apple and Amazon In Talks to Enter Saudi Arabia

Joel Smith December 29, 2017

Apple and Amazon are in licensing discussions with Riyadh on investing in Saudi Arabia, two sources confirmed, part of Crown Prince Mohammed bin Salman's push to give the conservative kingdom a modern, high-tech look.

Amazon’s discussions are...

Tesla To Make Pickup Truck After Model Y Business

Tesla To Make Pickup Truck After Model Y

Daryl Jakoby December 28, 2017

Tesla Inc will build a pickup truck soon after producing electric crossover vehicle Model Y, Chief Executive Elon Musk said on Tuesday.

The electric car maker will make a pickup truck in the future, Musk said, adding that he was "dying to build...

Older iPhone Owners Sue Apple for Slowdown Hardware

Older iPhone Owners Sue Apple for Slowdown

Nick Ward December 26, 2017

Old iPhone users have begun going to courthouses, enraged by an Apple Inc. software update that slowed down the operation of their smartphones.

iPhone owners from several states sued Apple Inc. for not disclosing sooner that it issued software...

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