Spotify Technology SA has reached a deal with Google to offer an alternative payment method within its app for users, the latest sign of the weakening grip that app stores have over third-party software. The streaming music service and Alphabet Inc.’s search giant announced the deal Wednesday, allowing Spotify’s SPOT 0.75% app within the… Source link
Read More »Phoenix case is about ‘holding Starbucks accountable’ for alleged union-busting behavior
Starbucks (SBUX) is facing accusations of union-busting tactics after two employees in Phoenix alleged that they were punished for taking part in pro-union activities. The coffee chain workers at the Arizona store claim that store managers are responsible for “interfering with, restraining, and coercing employees” as an attempt to dissuade them from unionizing, a complaint filed with the National Labor Relations Board (NLRB) alleged. “[This is] the first step in holding Starbucks… Source link
Read More »Russian tech giant Yandex lambasted over data leak, regulator launches case
A view shows a fragment of a Hyundai Sonata automobile during an event, organized by Yandex company to present the new generation of its self-driving car developed in cooperation with Hyundai, in Moscow, Russia May 27, 2020. REUTERS/Shamil Zhumatov Register now for FREE unlimited access to Reuters.com Register March 23 (Reuters) – Russian tech giant Yandex (YNDX.O) is facing heavy criticism online after a data leak exposed the personal details of more than 58,000 people on its food delivery… Source link
Read More »Yahoo is betting on fashion to win over Gen Z
To become a Vogue Business Member and receive the Technology Edit newsletter, click here. As a global media and tech company, Yahoo reaches more than one-third of the US’s Gen Z audience, but it’s hoping to build on that — and it’s turning to fashion to do it. “Fashion is such a high-interest category of the Gen Z audience,” says Joanna Lambert, president and general manager of Yahoo. Yahoo has begun working with New York fashion designers on projects that use technologies… Source link
Read More »Russian companies listed on international exchanges are increasingly at risk of default
While the Moscow Exchange is set to reopen Thursday after a four-week shutdown, trading in Russian stocks listed on international exchanges remains on pause indefinitely — and the suspension is dramatically lifting the risk of default for these companies. Since stock exchanges worldwide halted trading of Russia-linked companies over the country’s invasion of Ukraine, the median one-year market signal probability of default for nearly two dozen foreign-listed Russian enterprises has spiked… Source link
Read More »Google will test letting Android developers use their own billing systems
Google is introducing a pilot to let “a small number of participating developers” offer a payment system in addition to Google Play’s. Spotify will be the first and will use both Google Play’s billing system and its own. “This pilot will help us to increase our understanding of whether and how user choice billing works for users in different countries and for developers of different sizes and categories,” Google’s Sameer Samat said in a blog post. Google plans to share more… Source link
Read More »Elizabeth Holmes’ co-defendant Balwani starts his criminal case at a ‘deficit’
It’s no surprise that Elizabeth Holmes’ co-defendant and former boyfriend, Ramesh “Sunny” Balwani, came out swinging against her Tuesday in opening statements to his criminal fraud trial, defense lawyers say. “Sunny Balwani did not start Theranos. He did not control Theranos,” Balwani’s attorney, Steve Cazares, told jurors in opening arguments, The New York Times and other media organizations reported. The description of Balwani’s role countered that of prosecutors, who Source link
Read More »Spotify and Google Announce User Choice Billing — Spotify
Today, we are excited to announce a new chapter in our partnership with Google: a multiyear agreement that represents a first-of-its-kind option in payment choice and offers opportunities for both consumers and developers. Users who’ve downloaded Spotify from the Google Play Store will be presented with a choice to pay with either Spotify’s payment system or with Google Play Billing. For the first time, these two options will live side by side… Source link
Read More »Google won’t let you buy movies and TV shows from the Play app starting in May
Google will no longer sell movies and TV shows from the Google Play app starting in May, the company announced (via Ars Technica). Instead, you’ll be able to get movies and shows from the Google TV app. “On Google TV, you will find the same experience you are used to on Google Play Movies & TV with the latest new releases, rentals, deals, and great recommendations for you,” according to a company support page. Content you have already purchased will be available in the Google TV… Source link
Read More »Oil at ‘$150 isn’t outside the realm of possibility’: energy trader
Oil at $150 a barrel is not “outside the realm” of possibilities, says one energy trader. “It’s hard to take anything off the table right now. Russia is starting to retaliate with its own response to U.S. sanctions, whether that’s demanding payments in rubles or potentially not allowing crude to flow through a very prominent pipeline through Kazakhstan,” Rebecca Babin, senior equity trader for CIBC Private Wealth, told Yahoo Finance Live. “As we’ve seen this escalate in ways that were very low… Source link
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