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To help generate interest in his Tidal online music service, Jay Z will host a concert featuring songs that haven't been performed in more than 10 years. To win tickets to the Tidal X: Jay Z B-Sides concert, which will be on May 13, Tidal subscribers must submit a playlist through the struggling music service.
This is a clever marketing effort by Jay Z, after he took to Twitter to defend the Tidal music service. Even though it has support from major musicians, streaming music listeners still prefer Spotify, Pandora, Rdio, and other competing services.
Over the weekend, Tidal streamed an acoustic show featuring Jack White from Fargo, North Dakota. Tidal has 770,000 subscribers, paying either $9.99 or $19.99 per month for a subscription.
What anime do you think President Obama might like the most? In a video posted by Mashable, the big-wig was seen conducting a speech thanking Japanese people for things that he appreciates.
Alongside mentioning anime, karate and manga was the commonly-used trend of emoji's was touched upon - nothing about the eggplant though.
This lighthearted speech was designed in order to help solidify the political relationship between Japan and America, however we're just here wondering if he likes Sailor Moon or Dragon Ball Z.
Twitter continues to have a rather brutal week, with the disappointing financial results leading to a 20 percent drop in its market value on Tuesday evening. Twitter CEO Dick Costolo previously succeeded in dealing with user growth problems, but now must find ways to boost revenue.
"I don't think we lost credibility," Costolo said while speaking to Bloomberg Businessweek. "I think we have been very forthright on all our calls and our time with investors about what is happening, what we are doing and how we think about things over the long-term."
Costolo also noted that he feels the pressure of leading Twitter: "Of course. I mean, look, anyone who tells you as like a CEO of - of a company with any number of investors, whether it's private or public that says they don't feel any investor - or pressure is lying to you. Of course you do."
Cloud specialist Salesforce has been approached by at least one potential acquirer, and is now discussing the matter with advisers, according to a report published by Bloomberg. It seems like Oracle, led by Chairman Larry Ellison, may want to bring Salesforce CEO Marc Benioff back onboard.
News of a possible takeover helped boost Salesforce's shares up to $78.46, a 17.3 percent spike, during trading on Wednesday. Shares closed at $74.65, up 11.6 percent, with the company initially valued at close to $49 billion.
As for possible suitors, it seems Oracle is the front runner and most "realistic buyer," according to Daniel Ives, analyst at FBR & Co., in a research memo. "Oracle is desperate to establish itself as a leader in the cloud, and acquiring the leading cloud company and bringing on board a visionary leader in Marc Benioff would help toward accomplishing this goal."
The Labor government from the state of Victoria has promised to add an extra $25 million AU ($19.9 million US) to their $10 million AU pledge ($7.99 million US) to encrypt their rural police force's radio communications.
The initial amount was criticized by the opposing Liberal government who labeled it as irresponsible, however, the Emergency Services Minister Wade Noonan is proud of this pledge, stating "no longer will criminals or eavesdroppers have more sophisticated communication than country police."
The reason for this investment is a claimed insecurity of rural police who were previously using an analog radio service, meaning anyone with a normal radio scanner was able to listen in to communications. This is explained as an issue due to Victorian Police needing to access background checks on members of the public outside of their station will need to receive the information through radio contact - compromising the anonymity and safety of those they are researching.
T-Mobile may have overtaken Sprint as the No. 3 wireless carrier in the United States after adding 1.1 million postpaid accounts - and 1.8 million total net subscribers - during its first quarter in 2015. The US wireless carrier now has 56.8 million subscribers, and continues to add new customers at a faster rate than VZW and AT&T.
This is a strong sign from T-Mobile to Verizon Wireless and AT&T, signaling its larger rivals that it must pay attention. T-Mobile endured a $63 million Q1 net loss on $7.8 billion revenue, a 13 percent year-over-year increase.
"We've had eight consecutive quarters with more than one million total net customer additions proving that customers want value," said John Legere, president and CEO of T-Mobile. "We expect to once again capture all of the industry's postpaid phone growth in Q1 and we've done it while delivering an all-time record low 1.3 percent churn. #WeWon'tStop."
Twitter might have over 300 million users, but even with this huge chunk of users, the social network is still not making any money. Twitter has just posted its Q1 2015 earnings, where we have found out Twitter has 302 million users, up 18% from the same period of 2014.
The social network reported $436 million of revenue for Q1 2015, up 74% year-over-year, but missed the forecast of $440 million. Profits are not good at all, with Twitter reporting a net loss of $162 million for the three-month period.
Considering Facebook has 1.44 billion monthly active users, Twitter has some serious catching up to do.
Ouya's fall from grace is happening very fast, with company CEO Julie Uhrman sending out a (confidential) e-mail to investors and advisors, something that Fortune got its hands on, saying the company is trying to build up interest to sell the company as soon as possible.
In her e-mail to investors and advisors, Uhrman reportedly said that her primary focus is trying to secure as much of the investor capital as possible. Uhrman has reiterated her stance on Ouya, standing by her Android-powered game console, saying that the company has built something very real, and valuable. She continued, saying that she still reads tweets and e-mails from Ouya fans that use their consoles each day.
But, it's obviously not enough for the company to survive. We should expect to see Ouya be acquired in the coming weeks.
Continuing its world domination on all things action cameras, GoPro has announced that it has acquired Kolor. Kolor is a company out of France that is a leader in making videos for virtual reality and 360-degree viewers.
GoPro is hoping to find new ways for "capturing, creating and sharing" 360-degree video, with the the company using the video above to showcase what multiple cameras can do for video content. With GoPro revenue surging 54% year-over-year to $363 million, and profits or doubling to $16.8 million, it shouldn't come as a surprise GoPro to be moving into VR.
We still don't know if Oculus VR will be releasing the Oculus Rift this year, but the Facebook owned VR giant has just announced it has secured two very important people to join its growing team.
Mary Lou Jepsen, who is "one of the top display innovators in the world" has joined the Oculus team along with Anna Sweet from Valve. Jepsen has been honored as "one of the 100 most influential people in the world in Time Magazine, is the Pixel Qi founder, as well as as co-founder and former chief technology officer of non-profit One Laptop Per Child" reports Polygon. Before she joined the Oculus team, she was the heads of the display division of Google X, one of the most secretive parts of Google.
Under her new position at Oculus, Jepsen will be "developing displays that will make it possible to push the boundaries of virtual reality technology". In a statement, Jepsen said: "Virtual reality has been seen as a niche product for the wealthy. Like One Laptop Per Child's vision of computers for the poorest children, we imagine VR as an enabling technology, a platform for mass adoption, for women and men, adults and children, rich and poor, everywhere".