YouTube, defending itself from attacks by record labels and artists, said it passed on more than US$1bn in sales to the music business in the past 12 months. “YouTube has paid out over $1bn to the music industry from advertising alone
Browsing: World
Verizon’s US$4,8bn deal to acquire Yahoo and merge it with AOL has stalled following a widespread hack of 500m Yahoo users. But AOL CEO Tim Armstrong believes the deal will ultimately close. “I’m cautiously optimistic that it will happen
Amazon.com on Monday unveiled technology that will let shoppers grab groceries without having to scan and pay for them — in one stroke eliminating the checkout line. The company is testing the new system at what
BMW sees no quick way to boost profit from electric cars, with battery capacity and cost set to weigh on the technology for the foreseeable future. “We simply have to walk through the valley of tears” to
Nintendo might have scored a hit with the explosive debut of Pokémon Go this year. On its home turf, however, Sony has quietly dispatched its rival with a popular mobile game called Fate/Grand Order. The game, based on an
Nokia smartphones will make a comeback next year, and the current owners of the Finnish brand are betting that the connection it built with billions of consumers during a decade of dominance hasn’t been broken. HMD Global has secured
In a news cycle still fixated on the US election result, on 15 November members of the UK’s upper house of parliament gave final approval to the country’s most invasive surveillance legislation to date. The Investigatory Powers Act gives government
GoPro, struggling to get traction with its action-cameras and new drone, said it will eliminate about 15% of its workforce and shut down its entertainment division to reduce costs. The company, which isn’t profitable, will cut more
BMW’s new 5-Series sedan can drive itself at speeds as fast as 210km/h, turn up the radio with the wave of a hand and warn other cars of fog. But you might not know it has all that gadgetry by looking at it. While BMW has packed one
British public broadcaster, the BBC, plans to launch a “Netflix of the spoken word” to take its radio content beyond the UK. Director-general Tony Hall in a London speech on Wednesday said that the BBC plans to offer all of its audio content, in addition to its BBC