Age: 32 Company: Spotify Best known for: Spotify, music streaming Quote: “I’m not an inventor. I just want to make things better.” Daniel Ek isn’t just a great innovator – he’s a disruptor. Before creating music streaming service Spotify, the Swedish entrepreneur was involved in a number of other big projects that foreshadowed what was to come. Ek actually founded his first company, a website-building service, at the age of
(Reuters) – Apple Inc said it would start selling some models of its watch at retail stores this month, and also roll out the gadget in seven more countries. The watch has been on display in Apple stores since April 10, when it became available for preorder online and at shops including trendy fashion boutiques in Paris, London and Tokyo. Apple had directed people to order online, preventing long queues
By Nick Carey CHICAGO (Reuters) – Metals company Alcoa Inc said on Thursday it is supplying aerospace-grade aluminium to Samsung Electronics Co Ltd for its Galaxy S6 and S6 edge models, enabling the smartphone maker to produce more durable and sleeker phones. Phones made with 6013 Alcoa Power Plate, which is 70 percent stronger than standard aluminium are available now globally, Alcoa said. This latest announcement fits New York-based Alcoa’s
By Tova Cohen TEL AVIV (Reuters) – Israel’s Arab minority is seeking its share of high-tech success in a “start-up nation”, a quest that has already turned Jesus’s boyhood town of Nazareth into an incubator for innovation. Over the past decade about 7,000 tech companies have been founded in Israel, where high-tech goods and services account for 12.5 percent of gross domestic product. Only 30 Arab-led tech firms, however, the
TOKYO (Reuters) – Japan’s struggling electronics maker Sharp Corp is set to post a net loss of 180 billion yen ($1.45 billion) in the current year through next March, Kyodo News reported on Thursday, without citing sources. Sharp last month secured a $1.9 billion bailout, its second major bank-led rescue in three years, and reported a net loss of 222 billion yen in the last fiscal year, its third net
(Reuters) – Dish Network Corp and T-Mobile US Inc are discussing a deal to combine the second-largest satellite TV operator in the United States with the fourth-largest wireless carrier, a person familiar with the matter said on Thursday. Dish and T-Mobile US shares were up 5.6 percent and 4.8 percent respectively in morning trading on Thursday, whilst those of T-Mobile’s majority owner Deutsche Telekom were up 2.9 percent. A deal,
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John Paulson’s $400 million donation to Harvard and Germany’s 10-year bond yield stoking 1% temper tantrums.
T. Boone Pickens says Saudi production is topping out at about 10 million barrels per day and oil prices will return to $70 per barrel by year end.
A co-owner of the Four Seasons is charged with sexually abusing an acquaintance during a party at the famed New York City restaurant. Julian Niccolini was arraigned Wednesday night. As he left Manhattan …