Apple has been in talks with music labels about launching a streaming music service that would compete against services like Google Play Music All Access, Spotify, and Pandora. Apple wanted to roll out the streaming music service this summer, but some of the details that they are trying to figure out with Sony Music is how much Apple would pay for songs that people listen to for a short period of time and then skip, according to sources with CNET. There are also other issues in the negotiations.
Posts By Dan Anderson
In December 2012, we wrote about Yahoo! was ordered by a Mexico City Court that they need to pay a $2.75 billion fine for a breach of contract to Ideas Interactivas and its parent company World Wide Directories related to releasing a printed Yellow Pages of business telephone numbers in Mexico. Fortunately Yahoo!’s fine has been dropped to $172,500 based on an appellate court decision in Mexico. The fine will be paid by Yahoo! Mexico.
Facebook has hired a new executive in Japan. Atsushi Iwashita (pictured) is a former marketing executive at McDonalds and Boston Consulting Group. Iwashita will work as a Managing Director at Facebook Japan as reported by Markezine. Iwashita was most recently the CEO of a brand consulting company called Interbrand Japan.
Jelly is a startup that was founded by Biz Stone, the co-founder of Twitter. The company is still in stealth mode and we have no idea what the company does. Jelly has raised a Series A round of funding led by Spark Capital, SV Angel, Square CEO Jack Dorsey, LinkedIn CEO Reid Hoffman, Bono, Evan Williams, Jason Goldman, Al Gore, Greg Yaitanes, and Roya Mahboob. Spark Capital general partner Bijan Sabet has joined the Jelly board of directors as part of the funding.
MessageMe is a company that lets you share your thoughts, emotions, and stories. MessageMe gives you a way to connect and express yourself instantaneously and creatively. When you download MessageMe, you can share your voice through music, videos, photos, drawing doodles, and location. MessageMe can be downloaded on Google Play or the Apple App Store. LittleInc Labs, the company that developed MessageMe, has raised $10 million in funding according to a regulatory filing. MessageMe launched in March 2013 and they have hit around 1 million downloads after about a week.
Intel Corporation (NASDAQ:INTC) CEO Brian Krzanich acknowledged today that the company has been weak in terms of smartphones and tablets. He is hoping to improve chip and manufacturing technologies. Intel is known for focusing on power-efficient chip production. During a speech at Intel’s annual shareholder meeting in in Santa Clara, Calif, Krzanich said that the company is adding features for connectivity and security.
Luvocracy is a social shopping service that has a similar user interface as Pinterest. Luvocracy allows users to buy products recommended by friends. The company has raised $11 million in funding from Kleiner Perkins, Google Ventures, Marissa Mayer, Ali Pincus, Jim Lanzone, Tony Robbins, CrunchFund, RPM Ventures and XG Ventures. Bing Gordon of Kleiner Perkins is joining the Luvocracy board of directors. Luvocracy was co-founded by Nathan Stoll and Roger Barnett.
Atlantis Computing is a company that optimizes the way that storage-intensive applications use data center storage when virtualized to reduce the amount of storage consumed. The company can also optimize the use of shared storage, boost performance, and reduce operational risks. Atlantis’ ILIO solution enables the deployment of the Virtual Desktop Infrastructure and virtualized XenApp with no physical storage. Atlantis has raised $20 million in Series D funding led by Adam Street Partners.