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Downturns, low oil prices show weakness of current tax mix
As music streaming platforms draw in more and more subscribers with their millions of tracks, Spotify and the likes are striving to create advanced recommendation systems to match individual user tastes as closely as possible. But at what price?
NEW YORK (Reuters) - AT&T Inc was sued on Tuesday for at least $1.35 billion by a Seattle company that accused the telecommunications giant of stealing its patented "twinning" technology, which lets smart devices such as watches and tablets respond to calls placed to a single phone number.
TOKYO (Reuters): Shionogi & Co has sold the development and marketing rights for a Covid-19 treatment to California-based biotech BioAge Labs Inc, the Japanese drugmaker said on Tuesday (Jan 26).
Once a leader, Xiami saw its monthly active users (MAUs) fall to 22.4 million by October 2020, a tiny fraction of the 450 million for Tencent’s three music apps. Founder Wang Hao’s laid back style was reflected in Xiami’s philosophy of focusing on the music first but it may have also contributed to the decline.
HONG KONG, Jan 15 (SCMP): Xiami Music, the pioneering Chinese music streaming service owned by Alibaba Group Holding (which owns the Post), will close next month after management admitted it missed “crucial opportunities” in the battle with rival Tencent Music.
Indonesia records 12,800 Covid-19 cases in highest daily spike; govt to revise royalty rates on coal, gold in bid to boost revenue
JAKARTA, Jan 15 (Agencies): Indonesia reported 12,818 new confirmed cases of Covid-19 on Friday, a record single-day rise since the coronavirus outbreak in the South-East Asian country, bringing its total tally to 882,418.
(Reuters) - Qualcomm Inc on Wednesday said it will acquire Nuvia Inc, a chip startup founded by Apple Inc veterans, for $1.4 billion, with plans to put the firm's technology into its smartphone, laptop and automotive processors.
Spotify has joined the ranks of streaming services like SoundCloud and YouTube as a hub for bootlegs of popular songs.
Premier Hun Sen announced that the kingdom had extracted its first drop of crude oil from its waters, a long-awaited milestone for one of South-East Asia’s poorest nations.