INFBusiness

PARIS (Reuters) – Music streaming service Spotify said on Wednesday that it had signed a new, multi-year licensing agreement with Vivendi’s Universal Music Group (UMG), reinforcing Spotify’s catalogue and products. Spotify and UMG said they would collaborate on new, state-of-the-art…

BEIJING (Reuters) – China’s Didi Chuxing said on Wednesday it has launched a new standalone ride-hailing service that targets younger customers and offers cheaper rides compared to its main app. Didi, China’s biggest ride-hailing company and backed by Japan’s SoftBank,…

(Reuters) – Slack Technologies Inc said on Wednesday it has filed a complaint against Microsoft Corp with the European Commission on grounds of anti-competitive practices. “Microsoft has illegally tied its Teams product into its market-dominant Office productivity suite, force installing…

NEW YORK (Reuters) – Jia Wertz may be a documentary filmmaker in New York City, but these days she feels like a full-time resident of Zoom world. The director of the new documentary short “Conviction” finds herself on a video…

SAN FRANCISCO (Reuters) – Twitter Inc (TWTR.N), bruised by a hack last week that compromised the accounts of high-profile users, may have to account for a different embarrassment when it reports earnings to investors on Thursday: paltry ad revenue. The…

MILAN (Reuters) – Italy’s antitrust authority said on Wednesday it had opened an investigation into whether Apple Inc (AAPL.O) and Amazon Inc had engaged in anti-competitive cooperation in the sale of Apple products and Beats headphones. It said the investigation…

(Reuters) – Investors have pushed shares of Microsoft Corp up almost 30 percent since the start of the year, betting that the pandemic-induced shift to more remote computing will boost its business. Those investors will find out if they were…

BEIJING (Reuters) – A senior executive at TikTok owner ByteDance said the company plans to invest “a huge amount” of capital into its newly-established education technology business but warned that the unit will be unlikely to profit in the next…