Money talks; people listen. Absolute power corrupts absolutely. These are undisputed facts. However, after pursuing profits over equality, the world's richest and most powerful company has reversed its business strategy. After facing widespread backlash from musicians, in addition to a written critique by pop star Taylor Swift, Apple (AAPL) announced it will pay recording artists during Apple Music's 3-month free trial period.
Read More
Apple On The Attack
This past Monday, Apple (AAPL) held its highly anticipated WWDC Keynote meeting and, while there were no head turning hardware announcements (such as information regarding Apple's upcoming T.V.), Tim Cook and company were nonetheless able to hypnotize the crowd by introducing new software offerings.
Read More
Startups Primed For IPOs
In what has been a relatively uneventful year for tech IPOs, a number of private startups continue to set record valuations in exchange for cheap capital. While few private tech companies have released IPO information, the following seven companies have grown quite rapidly and could prove to be lucrative investment opportunities for public traders.
Read More
Finishing What Napster Started
After finalizing a deal to raise $400 million, the insanely popular music streaming service, Spotify, now sits among the elite private ranks of Uber, Snapchat, Airbnb, and Palantir. The newly announced private investment round, led by prestigious Goldman Sachs (GS), indicates that high profile Middle Eastern investors, in addition to traditional American VC firms, want in on Spotify's "Napster-like" business proceedings.
Read More
Apple Beats Down Critics
Last Wednesday, May 28, 2014, Apple (AAPL) announced its $3 billion acquisition of Beats Music. The deal was finalized after three weeks of intense media coverage, and after the negotiations were leaked to the press. Previously, I endorsed Apple’s decision to purchase Beats for several reasons, including its brand recognition value, headphone market share, and popular music streaming service.
Read More