Tag Archive : Reportedly

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iPhone 12 Apple


© Apple
iPhone 12 Apple

  • Apple’s livestream of its iPhone 12 launch event on Tuesday was not available to watch on top Chinese social media platforms.
  • Tencent Video, iQiyi, Bilibili, and Weibo didn’t stream the event.
  • Bloomberg reported that the platforms canceled coverage without explanation.
  • The event garnered massive interest in China, Apple’s second-largest market by revenue, and the iPhone 12 was the top topic on Weibo.
  • Visit Business Insider’s homepage for more stories.

Top Chinese social media platforms reportedly pulled their planned coverage of Apple’s iPhone 12 livestream on Tuesday, despite massive interest in the event.

When Apple revealed the iPhone 12, its first 5G phone, video platforms such as Tencent Video, iQiyi, Bilibili, and Weibo didn’t carry the event, despite originally planning to, Bloomberg reported.

The report said the platforms gave no explanation for not showing the event in China, Apple’s second-largest market by revenue.

The iPhone 12

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Developers who provide the ability to transfer Spotify playlists to Apple Music, or other services, are reportedly being told their access to the Spotify SDK will be revoked.

As it continues to say Apple “threatens our collective freedoms to listen, create, and connect,” Spotify has allegedly begun notifying developers that they can no longer transfer playlists to other services. SongShift reports that it has been told to cease such transfers or risk losing access to the Spotify SDK.

“The Spotify Developer Platform Team reached out and let us know we’d need to remove transferring from their service to a competing music service or have our API access revoked due to TOS [terms of service] violation,” announced SongShift in a blog post.

“While this is not the news we wanted to hear, we respect their decision,” it continued. As of the next release, SongShift v5.1.2, Spotify transfers will end. “This

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a man sitting on a leather couch: Jeff Lawson, co-founder and CEO of Twilio, launched his business during the recession. (Photo by Steve Jennings/Getty Images for TechCrunch)


© (Photo by Steve Jennings/Getty Images for TechCrunch)
Jeff Lawson, co-founder and CEO of Twilio, launched his business during the recession. (Photo by Steve Jennings/Getty Images for TechCrunch)

  • Cloud communications company Twilio is set to acquire data startup Segment for $3.2 billion, sources tell Forbes, though a deal is not yet final.
  • Twilio has emerged as a winner in the pandemic economy, with its stock price just about tripling since the beginning of the year. The company now commands a market cap of over $45 billion.
  • Segment was last valued at $1.5 billion in an April 2019 funding round, and counts Accel, Y Combinator, and Alphabet’s GV (formerly Google Ventures) among its investors.
  • Segment laid off 10% of its staff in May, in anticipation of a tougher IT spending environment amid the pandemic. However, the company indicated in September that it now has over 20,000 customers — up from 19,000
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Project xCloud, as shown at the Xbox E3 Showcase in the Microsoft Theater at L.A. Live, Sunday, June 9, 2019 in Los Angeles. (Photo by Casey Rodgers/Invision for Xbox/AP Images)

Several sources reported this week that Microsoft is working on a browser-based edition of its cloud gaming service Project xCloud. Business Insider reported that Xbox chief Phil Spencer told Microsoft employees at a meeting Wednesday that the company will pursue a “direct browser-based solution” for bringing the Xbox Game Pass to Apple’s family of devices.

If this were to work similarly to features on other services such as Google Stadia, it would allow Game Pass subscribers to connect to xCloud’s servers on an Apple device via its web browser, rather than launching any kind of discreet individual app. It would work identically to how one logs into any other streaming service, such as Netflix or Hulu, in a browser window.

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001-playstation-5.png

The PS5 consoles are set to appear next month.


Sony

The PlayStation 5 is scheduled to arrive in the US in November, and in anticipation of the event, Sony will stop selling PlayStation 3, PSP or Vita games in the web and mobile PlayStation Store, EuroGamer reported Friday.

According to the report, Sony has notified its development partners that the web and mobile versions of the PlayStation Store will stop selling PlayStation 3, PSP or Vita games timed with a relaunch of the store on Oct. 19 and ahead of the PS5 launch in November.

Among the items Sony will remove are PlayStation 3 games and add-ons, PSP games and add-ons, PlayStation Vita games and add-ons, apps, themes and avatars. The items will still be available in the

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If you prefer buying older PlayStation games over the web or on mobile, you may not be able to do that for much longer. Sony has informed developers that it plans to revamp its digital storefront for those versions later this month, removing users’ options to purchase games and DLC released initially on the PS3, PSP, and Vita from a mobile device or PC, Planète Vita reports.

Effective October 19th, the PlayStation web store will remove that option, according to Planète Vita and the mobile app’s update will be available on October 28th. Users will still be allowed to make new purchases for PlayStation legacy titles, but they will have to purchase them directly from PS3, PSP, Vita, or PS4 gaming consoles. However, it is important to note that this only applies to new purchases, and any previous purchases for any legacy PlayStation titles and downloadable content will remain accessible

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  • US trading firm Susquehanna reportedly owns 15% of TikTok-owner ByteDance, a stake which is potentially worth more than $15 billion.
  • Located just outside of Philadelphia, Susquehanna joined a $5 million investing round in ByteDance the year that it was founded, and invested in Musical.ly which later merged into TikTok.
  • Susquehanna is now stuck in the middle of US-China tensions as ByteDance waits for both governments to approve a deal that includes Oracle and Walmart taking a stake in the Chinese company.
  • Visit Business Insider’s homepage for more stories.

US trading firm Susquehanna quietly owns 15% of TikTok parent firm ByteDance, according to the Wall Street Journal, a stake potentially worth billions.

Susquehanna’s stake may be worth as much as $15 billion, according to PitchBook data cited by the Journal. This reportedly makes Susquehanna the biggest external investor in the Chinese social-media company. The firm is a giant in options trading,

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Illustration for article titled Googles Antitrust Clusterfuck Is Turning Into a Three-Way

Photo: Alex Wong (Getty Images)

An antitrust review of Google’s business practices has been a long time coming, and it looks like the U.S. Justice Department is going to make moves on that front very shortly. But there’s growing concern that the case against the search giant will amount to nothing but a political maneuver. Adding to Google’s headaches, it’s now reportedly in the crosshairs of China’s regulators as the tech trade war spills out to enlist more soldiers.

Reuters reported on Wednesday that China could soon launch an antitrust probe into Google that would focus on whether its business practices surrounding the Android mobile operating system are actively stifling competition. Citing sources speaking on the condition of anonymity, Reuters claims that regulators in China were prompted to consider the case by the embattled Chinese telecom firm Huawei. The proposal has reportedly already been submitted to the

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  • Deal talks around Tesla acquiring Nevada-based mining company Cypress Development Corp. have fallen through, Bloomberg first reported.
  • As the company shifts its plan, it now has the rights to mine Lithium on its own in the state, according to the report.
  • The automaker has access to 10,000 acres of “lithium-rich clay deposits,” in Nevada, where the company already has a Gigafactory.
  • The company hopes producing Lithium on a large scale will help keep battery costs low and enable it to finish a $25,000 Tesla in “about three years.”
  • Visit Business Insider’s homepage for more stories.

Tesla was recently holding acquisition talks with a Nevada-based mining company to advance its ambitious plan to source lithium from clay deposits in the US, but the electric-car company was unable to reach a deal and has since secured the rights needed to legally mine the raw material on its own in the state, Bloomberg’s

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Tesla  (TSLA) – Get Report has been seeking a stake in South Korean conglomerate LG’s battery operation, according to a report from the Korea Times.

LG makes batteries in its LG Chem division, but the battery business is being spun off into a new company – LG Energy Solutions. So electric carmaker Tesla would take a piece of LG Energy Solutions if a deal happens.

Tesla is looking for a stake of up to 10% in the battery maker, a source told the Korea Times. 

Tesla shares traded Monday at $421.92, up 3.58%, and have skyrocketed 404% so far this year.

Meanwhile, Piedmont Lithium  (PLL) – Get Report was soaring Monday after the lithium company said Tesla agreed to buy spodumene concentrate, a raw material of lithium, from the company.

The initial agreement is for five years and may be extended for another five years, Piedmont

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