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Apple Music attracts more than 11 mln trial members since June 30
Apple Inc’s new music streaming service has attracted more than 11 million members during its free trial period, the company said Thursday. Apple Music rolled out a three-month free trial period on June 30. Nearly 2 million people opted for the free trial family plan, which will cost $14.99 a month for up to six family members, the company said.
Apple Music attracts more than 11 million trial members since June 30
(Reuters) – Apple Inc’s new music streaming service has attracted more than 11 million members during its free trial period, the company said Thursday. Apple Music rolled out a three-month free trial period on June 30. Apple also said its App Store saw the largest-ever number of customers in July, yielding $1.7 billion in transactions.
U.S. FCC denies new limits on AT&T, Verizon in 2016 auction
WASHINGTON (Reuters) – The U.S. Federal Communications Commission on Thursday voted to reject a T-Mobile US Inc request that more airwaves be set aside for smaller wireless companies like itself to bid on during a government auction next year. T-Mobile’s petition had sought stricter limitations for AT&T Inc’s and Verizon Communications Inc’s participation in the auction of low-frequency airwaves, which are highly prized for their strength and reach. …
Fannie Mae posts $4.6B profit in 2Q; paying $4.4B dividend
Mortgage giant Fannie Mae reported net income of $4.6 billion from April through June, up from $3.7 billion a year earlier. Rising interest rates enabled Fannie to post gains on the investments it uses …
Pregnant Jessa Duggar Shares Baby Bump Update—Take a Look!
Another Jessa Duggar baby bump update is here! The reality star shared yet another photo of her growing bun in the oven along with a status update on how far along she is in her…
Taiwan's HTC says to cut jobs, smartphone models to revive sales
By Michael Gold TAIPEI (Reuters) – Taiwanese smartphone maker HTC Corp said it would cut jobs and discontinue models as part of its strategy to focus on high-end devices to better compete with the likes of Apple Inc and Samsung Electronics. “The cuts will be across the board,” Chief Financial Officer Chialin Chang told reporters after HTC reported a second-quarter loss and forecast another for the third-quarter. A pioneer in
Mondelez gains 5% after Ackman announces stake
Mondelez stock gains after news that Bill Ackman has taken a $5.5 billion stake in snack maker and is considering pushing for a takeover.
Hutchison, Vimpelcom reach deal to merge Italian mobile businesses
By Danilo Masoni and Leila Abboud MILAN/PARIS (Reuters) – Vimpelcom and Hutchison have agreed to combine their Italian mobile operations in a 50-50 joint venture in a long-awaited deal to consolidate Europe’s fourth-largest telecom market. The merger will combine Vimpelcom’s WIND Telecommunicazioni, the country’s third-largest mobile network operator, with fourth-placed 3 Italia, reducing the Italian market to three players of roughly the same size. The new company, which will compete
EU Commission: Third bailout deal with Greece possible before Aug. 20
Talks with Greece on a third bailout are moving ahead in a satisfactory way and reaching an agreement is possible before August 20, the European Commission said on Thursday. The Commission comments were in response to remarks by a German government official in the Bild daily, that reaching a deal by Aug 20, when Greece has to buy back 3.5 billion euros of its bonds from the European Central Bank,