EU okays Apple’s Shazam buyout

EU okays Apple’s Shazam buyout

Brussels : The European Union has approved Apple’s planned acquisition of British music discovery app Shazam, saying an EU antitrust investigation showed it would not harm competition in the bloc.The deal, announced in December last year, would help the iPhone maker better compete with Spotify, the industry leader in music streaming services. Shazam identifies songs when a smartphone is pointed at an audio source. “After thoroughly analyzing Shazam’s user and music data, we found that their acquisition by Apple would not reduce competition in the digital music streaming market,” EU competition commissioner said. “Data is key in the digital economy. We must therefore carefully review transactions which lead to the acquisition of important sets of data,” she added.




Google Mini captures top spot

Google Mini captures top spot

Washington : Google Home Mini has vaulted to the top spot in the global market for connected speakers, edging out a rival device from Amazon, a survey showed Wednesday. The Strategy Analytics report for the second quarter of 2018 showed the smallest device from Google captured 20 per c

Turkey projects lower growth, high inflation

Turkey projects lower growth, high inflation

Istanbul : Turkey, which was last month buffeted by its worst currency crisis in recent years, yesterday forecast sharply lower growth coupled with persistently high inflation in its new medium-term economic programme. The economy, which grew by 7.4 per cent in 2017, would expand by ju

Amazon digital ad share on the rise

Amazon digital ad share on the rise

San Francisco : Online retail colossus Amazon is gaining ground in the US digital advertising market as the dominance of Google and Facebook erodes, according to an eMarketer forecast released on Wednesday. The market tracker predicted that Amazon will take in $4.61 billion in online a

Sony to release ‘classic’ PlayStation

Sony to release ‘classic’ PlayStation

Paris : Sony announced Wednesday it plans to launch a miniature games console designed like the original PlayStation pre-loaded with 20 vintage games as it joins the retro gaming craze just in time for Christmas. Dubbed the PlayStation Classic, the new console comes with a considerably

Amazon, Samara buy India’s ‘More’

Amazon, Samara buy India’s ‘More’

New Delhi : Amazon.com Inc and Indian private equity firm Samara Capital have bought Aditya Birla Group-owned ‘More’ retail chain for an enterprise value of 42 billion rupees ($580.35 million), CNBC TV18 reported yesterday, citing sources. Amazon’s latest acquisition

Cyprus, Egypt in gas pipeline deal

Cyprus, Egypt in gas pipeline deal

Nicosia : Cyprus and Egypt yesterday signed an agreement paving the way for the Mediterranean’s first subsea pipeline to carry Cypriot natural gas to the Arab country for re-export to Europe. “Today’s signing is an important milestone, not only for Cyprus but also the


Defeating Stereotypes

Defeating Stereotypes

Manama : A decade into her fitness and bodybuilding journey, Tamara Makar, a British and world bodybuilding champion is redefining athletic bodybuilding for modern women in the country. 

Boosting ties with Russia

Boosting ties with Russia

Manama : Ways to enhance Bahrain-Russia bilateral ties topped the agenda of a meeting held by Supreme Council for Women (SCW) General Secretary Hala Al Ansari on the sidelines of the second Eurasian’s Women Forum (EAWF) in St.

Google Mini captures top spot

Google Mini captures top spot

Washington : Google Home Mini has vaulted to the top spot in the global market for connected speakers, edging out a rival device from Amazon, a survey showed Wednesday. The Strategy Analytics report for the second quarter of 2018 showed the smallest device from Google captured 20 per c

Turkey projects lower growth, high inflation

Turkey projects lower growth, high inflation

Istanbul : Turkey, which was last month buffeted by its worst currency crisis in recent years, yesterday forecast sharply lower growth coupled with persistently high inflation in its new medium-term economic programme. The economy, which grew by 7.4 per cent in 2017, would expand by ju

Ballet for Peace

Ballet for Peace

Manama : Inspiring the world to dream about “peace and harmony”, Bahrain Ballet Centre celebrated Peace One Day in the Kingdom by performing a ballet on the song ‘Imagine’ written by John Lennon and Yoko Ono.

Two Koreas’ leaders in mountain show of unity

Two Koreas’ leaders in mountain show of unity

Seoul : Kim Jong Un and Moon Jae-in visited the spiritual birthplace of the Korean nation yesterday for a show of unity after their North-South summit gave new momentum to Pyongyang’s negotiations with Washington. The North Korean leader on Wednesday agreed to shutter the To

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