Africa is central to Swedish music streamer Spotify’s plans to extend its reach to a billion customers.
South African payments company Yoco has raised about R1.2-billion from top investors in a series-C funding round as demand grows among small businesses for its digital payments tools.
Telkom now has an own-branded music streaming service after reaching an agreement with Joox, owned by China’s Tencent, to launch the offering.
Spotify Technology CEO Daniel Ek said he made a bid for London’s Arsenal Football Club that was rebuffed by American billionaire Stan Kroenke.
Apple is set for another showdown with the European Union’s antitrust chief as she escalates an antitrust probe over its App Store.
Apple could face an EU antitrust charge sheet in the coming weeks after a complaint by rival Spotify that it unfairly pushed its own music streaming service, two people familiar with the matter said.
Spotify will nearly double its market presence by launching in 85 new markets in the next few days, making the music streaming service available to more than a billion people around the world.
Apple has seemingly made a key concession in the battle over the smartphone giant’s market power and treatment of developers. “Seemingly” is the key word here.
Apple on Wednesday said it plans to start a programme to lower its App Store commissions for software developers who make $1-million or less in proceeds each year from the store.
The SABC has issued a request for information from streaming-media platform experts as it gears up to launch its own so-called “over-the-top” digital streaming service akin to Netflix and Showmax.