Spotify Soars Past 300 Million Monthly Active Users . Spotify revealed in its latest earnings release that it now has 320 million monthly active users. . The company also has 144 million paid subscribers. That’s an increase of 29 percent and 27 percent from last year, respectively. Spotify credits its recent launch in Russia with driving user growth, calling it the “most successful new market launch to date.”. These latest numbers put Spotify comfortably ahead of rival services such as Amazon and Apple. . As of January 2020, Amazon Music only has 55 million customers, and “nearly all” of them are paying subscribers. . In 2019, Apple reported having 60 million paying subscribers.
Some $2.3 million in campaign cash was stolen from the Wisconsin Republican Party by hackers who "exhibited a level of familiarity with state party operations," says state GOP chairman Andrew Hitt. Officials say the hackers siphoned the money from the state party's federal account, which supports President Trump's reelection...
Former Malaysian leader Mahathir Mohamad is standing by his widely condemned comments on attacks by Muslim extremists in France, saying they were taken out of context and criticizing Twitter and Facebook for removing his posts
While many are calling 2020 the "worst year ever," it's becoming the best one on record for big tech companies. Amazon, Apple, Facebook, Microsoft, and Alphabet, Google's parent company, have all reported record-breaking quarterly sales and/or profits this week, MarketWatch reports. Apple reported record revenue of $64.7 billion for...
'Cyberpunk 2077' Is Postponed Again . The highly-anticipated game is now being pushed back until December 10. Developer CD Projekt Red took to Twitter to provide an explanation. The biggest challenge for us right now is shipping the game on current-gen, next-gen, and PC at the same time, which requires us to prepare and test nine versions of it, Developer CD Projekt Red, via Twitter. We need to make sure everything works well and every version runs smoothly. , Developer CD Projekt Red, via Twitter. We’re aware it might seem unrealistic when someone says 21 days can make any difference in such a massive and complex game, but they really do, Developer CD Projekt Red, via Twitter. In early October, the game officially went gold, meaning an official release version was ready. The developers promised "no more delays are happening," . but they apparently "under-calculated" the "time period" it would take to develop further updates for the day of release
Apple shares fell after its iPhone sales missed estimates, although revenue and profit topped expectations. Dan Ives, Managing Director of Equity Research at Wedbush Securities, explains what concerned investors. Conversely, Ives discusses why now is a great time to buy shares of the tech giant.
New data shows that Democratic vice presidential nominee Kamala Harris is at the center of Twitter misinformation four times as much as the white men who campaigned for the job in the last four years
Quibi Is Shutting Down Just 6 Months After Launch. According to 'The Wall Street Journal,' the streaming service is to be one of the shortest-lived to date. The company launched on April 6, 2020, providing content to be specifically viewed on mobile devices. Two plans — one with ads and one without — were available for under $10 per month. . In July, app-tracking firm Sensor Tower claimed Quibi lost over 90% of its subscribers after the three-month free trial was up. . According to The Verge, Quibi has refuted those numbers but never provided alternate figures for reference. Factors that may have contributed to the company's demise include its mobile-only content as people are stuck at home amid the pandemic. or that short-form video content can be found for free with competitors such as YouTube and TikTok. Co-founder Jeffrey Katzenberg attempted to sell off the floundering company earlier this year, but no one took the bait
The man who turned Samsung into a tech powerhouse—and nearly lost it all amid white-collar crime convictions—died Sunday in Seoul, the Washington Post reports. Lee Kun-hee was 78. "Chairman Lee was a true visionary who transformed Samsung into the world-leading innovator and industrial powerhouse from a local business,...
Five technology giants reported strong earnings but mixed outlooks Thursday, a sign of varying fortunes as they try to rebound from an pandemic-related economic slowdown earlier this year
A Dutch tech researcher says he was able to gain access to President Trump's Twitter account last week by correctly guessing the password "maga2020!" There's a precedent here: He happens to be the same guy who accessed the president's Twitter account in 2016 by guessing the password of "yourefired," reports...
Nokia to Build First Cellular Network on the Moon for NASA. On Monday, Nokia Oyj announced that they had been chosen by NASA to create the first ever cellular network on the moon. . The network is expected to be available by late 2022. . The Finnish telecommunications firm said that their partnership with NASA would create a “sustainable human presence on the lunar surface.” . The technology will be “ideally suited” for providing the technology that “astronauts need.” . It will make remotely controlled rovers, high definition streaming and real-time navigation possible. . Nokia is working with Intuitive Machines to integrate their work into a lunar lander for delivery and self-configuration on the surface of the moon. . The LTE/4G communications system will also be “ultra-compact, low-power” and “space-hardened.”. The solution has been specially designed to withstand the harsh conditions of the launch and lunar landing, and to operate in the extreme conditions of space, Nokia, via Bloomberg
Twitter shares are flopping after slow user growth is reported by the platform. However, the social media company did beat earnings expectations. Apparel and sports equipment company Under Armour stock is steady after the company reported $1.4 billion in Q3 revenue, and shares for Juul's parent company, Altria, are flopping on news that Juul's value was slashed to $10 billion.
Sony Releases Free , Black Lives Matter , PS4 Theme. On Oct. 19, Sony released the "Black Lives Matter Theme" on the PlayStation Store. When the theme is enabled, the bottom of the user interface appears with black and yellow graphics, as well as a raised fist. The hashtag #BLM also appears as part of the free theme. Other companies have taken similar actions. In June, Activision released a 'Call of Duty: Modern Warfare' update that displayed a message supporting the Black Lives Matter movement. Developer Bungie introduced several items supporting Black Lives Matter, including 'Destiny 2' emblems and a "be heard" enamel pin.
YouTube Vows to Ban Misleading Claims About COVID-19 Vaccines. The video-sharing platform has announced a new effort to crackdown on COVID-19 misinformation, . warning it will ban any clips that contradict expert advice from local health authorities. A COVID-19 vaccine may be imminent, therefore we're ensuring we have the right policies in place to be able to remove [related] misinformation, YouTube, via statement. According to YouTube, it has already removed 200,000 dangerous or misleading videos about coronavirus. Similarly, Facebook has announced plans to ban ads that discourage people from getting vaccinated
LivePerson is a chatbot company that boasts big-name clients like Home Depot, Chipotle, and Delta Airlines. Rob LoCascio, Founder and CEO of LivePerson, joined Cheddar to discuss the company’s latest earnings report.
Microsoft Hires Another Naughty Dog Developer for the Initiative. The gaming giant has added a new member to the team for its Xbox studio with Lauren Garcia. Garcia, who worked as character shading technical director on 'The Last of Us: Part II,'. is joining as senior shader technologies developer. So happy to announce that this week I joined at The Initiative. This is an incredible team working on something truly special, Lauren Garcia, via Twitter . It was so hard to left behind my friends at NaughtyDog. But I need to say thank you to @Xbox @XboxP3 to allow me be part of Xbox family!
David Cage Thinks the Xbox Series S Will Be ‘Confusing’. Microsoft previously announced that in addition to the Xbox Series X, . they will also be releasing another next-gen console, the Xbox Series S. It will be a cheaper and lower-spec version of the Xbox Series X. While some gamers thought this was a great idea, it seems David Cage isn’t a fan. The Quantic Dream CEO is known for directing cinematic games like ‘Heavy Rain, ‘Beyond Two Souls’ and ‘Detroit: Become Human.’ . Cage thinks that “most developers will focus on the lower-end version to avoid doing two different versions”. Many developers prefer consoles to PC because on consoles you only have to deal with one hardware, whereas on PC there are so many configurations, graphic cards, drivers, controllers. , David Cage, to WCCFTech. When a manufacturer offers two consoles with different specs, there is a strong chance that most developers will focus on the lower-end version to avoid doing two different versions, David Cage, to WCCFTech. He also added that he thinks that this will be “confusing” for both developers and players. I think it is confusing for developers, but also for players, and although I can understand the commercial reasons behind this choice I think the situation is questionable, David Cage, to WCCFTech