(Reuters) – Apple Inc reversed its policy and said it would now pay artists during free trials of its new Apple Music streaming service, after pop star Taylor Swift said she would hold back her latest hit album “1989” from the service. Apple is offering users a three-month trial of its new service and had said it would not pay artists for the use of their music during that time.
By Eric Auchard and Leila Abboud FRANKFURT/PARIS (Reuters) – Facebook is gaining ground on Google’s YouTube as an outlet for big companies to market their products via online videos, the fastest growing category of Internet ads, a report published on Monday said. The competition for video viewers opens up a new front in the clash between the two web giants that already compete in other types of advertising given their
By Jim Drury The dream of a manned, truly functional hoverbike is a step closer to reality after British and American engineers announced a deal with the U.S. Department of Defense to develop and build the vehicle in the States. Malloy have joined forces with U.S. firm SURVICE, 30 year veterans of defense research and development, to develop the vehicle in the U.S. state of Maryland. According to Malloy’s marketing
By Lester Ranby Sydney is deploying a high-tech system that literally sniffs out vandals on its rail network. The CEO of Sydney Trains, Howard Collins, calls the new system Mousetrap. “So our new operation, Mousetrap, is what it says it does.
Stocks are rallying to start the week, as Greek debt negotiations and corporate merger battles stoke animal spirits. Can U.S. stocks finally break out of their range?
European equities closed sharply higher on Monday, as a deal between Greece and its creditors looked to be edging closer.
Pixar’s new animated film, “Inside Out” brought in an estimated $91.1 million in North American ticket sales. It’s the second biggest opening ever for Pixar.
Anthem’s offer for smaller rival Cigna is part of a daisy chain of potential deals in the health insurance sector. Cigna Chairman Isaiah Harris, Jr. and Chief Executive David Cordani wrote a letter to Anthem’s board outlining reasons why the company was rejecting Anthem’s stock and cash offer. Anthem, the second-largest U.S. health insurer, said in a statement on Saturday that had made four offers for Cigna in June.
Fifth Third Bancorp plans to close or consolidate about 100 branches and has abandoned plans for 30 new ones. The changes will cost the company between $75 million and $85 million in impairment charges …
The European Union on Monday extended economic sanctions against Russia until January to keep pressure on Moscow over the conflict in eastern Ukraine, drawing a rebuke and a warning of retaliation from …
