Image from @tim_cook on Twitter
Even before the ink is dry on his $3bn acquisition of Beats Electronics, Apple chief Tim Cook is still “on the prowl” for more deals.
That was Mr Cook’s phrase when asked in last month’s earnings call whether Apple would consider making large acquisitions, before he had sealed the iPhone maker’s largest ever transaction.
In April, he said that Apple had made 24 acquisitions in the last 18 months. That number has now risen to 27, Mr Cook told the FT on Wednesday, and looks set to keep growing: Read more
Crowdfunding is by now a well established route for startups to raise the capital they need to develop, manufacture and market a new product.
But Olive Media, a seven-year-old San Francisco-based company whose high performance audio servers are a favourite among audiophiles, has adopted the crowdfunding model to launch the Olive ONE, which it claims is the first all-in-one high definition (HD) music player. Read more
Two of the three founders of Last.fm, the original Silicon Roundabout success story, have arrived back on the London tech scene to launch a new service that helps people discover popular web pages.
Felix Miller and Martin Stiksel, who sold their music “scrobbling” service Last.fm to CBS in $280m in 2007, announced their new venture Lumi in a blog post on Tuesday. Read more
Boxee, the internet entertainment service, is bringing its TV set-top box to the UK this week. Netflix, Pandora and Major League Baseball have proven popular on its D-Link-manufactured device in the US since its launch last year, allowing owners to watch web TV and their own digital downloads on the big-screen TV set. Read more
When Beyond Oblivion broke cover last April even its founder, Adam Kidron, admitted that its plans for a digital music service that would make money from the 95 per cent of people who do not currently pay for downloads were “frightfully ambitious”. The service has yet to arrive – but at least Kidron now has some serious money to back his plans. Read more
Mobile and fixed-line operators have shown little interest in improving the voice quality of phone calls, but the internet phone company Skype came out with a compelling reason for them to do so on Monday.
Speaking at the eComm conference in Silicon Valley, Jonathan Rosenberg, Skype‘s chief technology officer, said its users were talking for almost 50 per cent longer on calls delivered in high-definition quality. Read more
The music industry has taken another beating in the blogosphere over the last 24 hours after the head of Warner Music lashed out against online music streaming services such as Spotify and We7.
“Free streaming services are clearly not net positive for the industry, and, as far as Warner Music is concerned, will not be licensed,” Edgar Bronfman Jr, Warner Music’s chairman, said on the major label’s analyst call yesterday.
“The sort of ‘Get all of the music you want for free and then, with a few bells and whistles, maybe we can move you to a premium price’ strategy is not the kind of approach to business we’ll be supporting in the future.” Read more
Richard Waters gives his thoughts on the Microsoft / Yahoo deal – listen below: